Business News
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Jio IPO could trigger re-rating for Reliance
The proposed IPO of Jio Platforms could significantly benefit Reliance Industries Ltd (RIL), says Motilal Oswal Financial Services.
India's Venezuelan oil imports to hit 7-year high this October
India is set to boost its Venezuelan oil imports this month, with shipments expected to touch about 465,000 barrels a day. This would be the highest level since December 2019.
India's forex reserves drop for 4th consecutive week to $734.6B
India's foreign exchange reserves have witnessed a decline for the fourth consecutive week, now standing at $734.6 billion.
RBI hikes repo rate: What it means for your loans
The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points to 5.5% has a major impact on borrowers and savers.
Airtel's postpaid plans now offer free international roaming
Airtel has introduced a range of new postpaid plans, starting at ₹499. The highlight of these plans is the inclusion of one free international roaming trip per SIM every year.
RBI raises FY27 inflation forecast to 5.2%
The Reserve Bank of India (RBI) has revised its Consumer Price Index (CPI) inflation forecast for the fiscal year 2026-27 to 5.2%. This is an increase from the earlier estimate of 5%.
This Urban Company rival lets you set the price
DUTIBOOK is a Gurugram-based home services app that gives users more control over how they book and pay for everyday services.
Paramount and Warner merge to create new media giant Skydance
The merger between Paramount and Warner Bros. Discovery has been completed today, creating a new entertainment giant called Skydance.
Starlink data of Indian users will stay within the country
Elon Musk's satellite communication company Starlink has announced the establishment of 20 gateway sites in India.
Meet Amit Kumar, interim India head of Google Cloud
Google Cloud has appointed Amit Kumar as the interim head of its India operations.
ESOP crisis: Flipkart's former executives seek 'fair treatment' from Walmart
Over 30,000 current and former Flipkart employees are collectively owed around $4 billion (₹38,000 crore) in employee stock option (ESOP) buybacks that Walmart has yet to process.
RBI to include bank deposits in consolidated account statements
The Reserve Bank of India (RBI) is working to expand the scope of its Consolidated Account Statement (CAS).
Uber has acquired a catering business for $2.3B
Uber has announced the acquisition of leading US catering platform ezCater, in a deal worth $2.3 billion.
RBI greenlights interoperability between account aggregators: How it helps you
The Reserve Bank of India (RBI) has announced a major step toward simplifying the sharing of financial information among consumers.
RBI raises FY27 growth forecast to 7.1% from 6.7%
The Reserve Bank of India (RBI) has revised its real GDP growth projection for the fiscal year 2026-27 (FY27) from 6.7% to a higher 7.1%.
Alexa architect Rohit Prasad named CEO of Boston Dynamics
Boston Dynamics, the robotics arm of Hyundai Motor Group, has announced the appointment of Rohit Prasad as its new Chief Executive Officer (CEO).
RBI hikes repo rate to 5.5%, first increase since 2023
The Reserve Bank of India (RBI) has hiked its key repo rate by 25 basis points to 5.50%.
Why NYT thinks Tukaram Mundhe is a 'rockstar'
Maharashtra Food and Drug Administration (FDA) Commissioner Tukaram Mundhe has been hailed as a "rockstar" by The New York Times.
Meesho's creator-led commerce grows 152% in 12 months
E-commerce platform Meesho has witnessed a massive 152% year-on-year growth in its content commerce business.
Storage, warehousing of seeds might soon be exempt from GST
The Goods and Services Tax (GST) Council is likely to exempt storage and warehousing of sowing seeds from GST in its next meeting on October 8, as per Moneycontrol.
Union Cabinet clears ₹10,000cr fund to help SMEs grow
The Union Cabinet has approved a massive ₹10,000 crore SME Growth Fund.
You might be able to make UPI payments in Zimbabwe
Zimbabwe is considering the adoption of India's Unified Payments Interface (UPI) technology to build a real-time national payments network.
India might buy more crude oil, critical minerals from Ecuador
Ecuador is in talks with India to increase the supply of crude oil, copper, and critical minerals.
World Bank raises India's FY27 growth forecast to 7.1%
The World Bank has revised its growth forecast for India's economy in FY27, predicting a 7.1% expansion. This is 50 basis points higher than its previous estimate of 6.6%.
China's DeepSeek set to raise $12B
DeepSeek, a leading Chinese artificial intelligence (AI) company, is on the verge of raising at least 80 billion yuan ($12 billion) in its latest funding round.
Indian rupee hits 2-month low
The Indian rupee has hit its lowest level in over two months, falling to 96.43 against the US dollar on Tuesday.
OpenAI seeks $30B at $1.4 trillion valuation
OpenAI, the company behind ChatGPT, is in talks with several United Arab Emirates (UAE) investment funds. The Abu Dhabi-based MGX is one of them.
India's own civilian aircraft to be manufactured by 2028
India is gearing up to make its own civilian aircraft within the next two years, Union Civil Aviation Minister Ram Mohan Naidu announced.
This McDonald's, KFC supplier is planning $208M IPO in India
HyFun Foods, a supplier for global fast-food giants McDonald's and KFC, is planning an initial public offering (IPO) to raise up to $207.7 million.
Modi government to review ₹10,000cr ATF price stabilization scheme
The Indian government is considering a review of its aviation turbine fuel (ATF) price stabilization scheme, as per CNBC-TV18.
Indian government bonds witness decline today: What's the reason?
Indian government bonds witnessed a decline in early trading today.
China's Moonshot AI is targeting $5B IPO in 2027
Moonshot AI, a leading Chinese artificial intelligence (AI) company, has completed its final private funding round at a whopping valuation of around $50 billion.
McDonald's, KFC supplier HyFun plans ₹2,000cr IPO
HyFun Foods, a supplier for global fast-food giants like McDonald's and KFC, has announced its plans to raise up to ₹2,000 crore through an initial public offering (IPO) by late 2028.
Jio plans India's biggest IPO at ₹37,700cr
Jio Platforms, the Reliance Group-owned telecom giant, is gearing up for India's biggest initial public offering (IPO) yet.
India's services growth rises to 3-month high
India's services sector witnessed its fastest growth in three months in September, according to the latest HSBC Services Purchasing Managers' Index (PMI).
Musk becomes trillionaire again as SpaceX stock jumps
SpaceX's shares soared nearly 8% on Monday, hitting their highest value since mid-June.
Flipkart invests in TravClan to enhance international travel offerings
Flipkart, a leading e-commerce giant in India, has picked up a minority stake in TravClan, a B2B travel technology platform.
Why HDFC Bank stock fell over 2% after CEO appointment
HDFC Bank's shares fell by over 2% on Monday, despite the announcement of Anup Bagchi as the new CEO.
Your mobile bill may rise 12-15% in coming months: Report
India's telecom sector is likely to witness a tariff hike of 12-15% in the next four to five months.
Oil inventories could take 2 years to replenish, warns Aramco
Saudi Aramco's CEO Amin Nasser has warned that it might take as long as two years to replenish global oil inventories.