Reliance spends $13 billion on acquisitions in 5 years, focus on energy and technology
Reliance Industries Ltd has invested $13 billion in acquisitions over the past five years, shifting focus from oil to clean energy, telecom,...
Foreign Portfolio Investment inflows dips 99% to Rs 2026 crore in 2024
India experienced a dramatic 99% drop in Foreign Portfolio Investment (FPI) inflows in 2024, predominantly due to robust US economic perform...
Waaree Renewable Technologies bags 2 GW solar project in Bikaner
Waaree Renewable Technologies Ltd has secured a 2 GW solar project from Sunbreeze Renewables Nine Pvt Ltd, a Jindal Renewables SPV, to be im...
H-1B visa row: ‘Indians are also being laid off' - Perplexity AI founder’s big statement amid Trump, Elon Musk’s stand
H-1B visa row: Perplexity AI founder Aravind Srinivas points out that the US dispute over Indian immigrants and H-1B visas lacks factual bas...
Indian Railways employees take note! Home delivery of medicines from Railway-run hospitals may start soon
Indian Railways is looking to collaborate with online pharmacy platforms to enable home delivery of medicines from its hospitals. RailTel is...
New Year cheer for PF subscribers! Faster automatic EPFO claim settlement process in works
The Labour and Employment Ministry has established a five-person committee to expedite auto claim settlements at EPFO, impacting over 75 mil...
Markets to track FII trading, macroeco data, global trends this week: Analysts
Equity market movement this week is set to be influenced by macroeconomic data announcements, auto sales data, and foreign investor trading ...
Foodgrain output set to scale new peak in 2025 as farm sector eyes 4% growth
India's agricultural sector is projected to achieve record foodgrain production of 164.7 million tonnes in 2025, driven by favourable mo...
Akasa Air pilots demand DGCA audit amid training concerns
Akasa Air pilots have raised concerns over training issues, prompting a demand for a DGCA audit after two senior officials were suspended. P...
India's electronics sector eyes major growth, with 12 million jobs projected by 2027
India's electronics industry aims to achieve USD 500 billion in manufacturing output by 2030, requiring substantial growth and overcomin...
India's IPO market set for record growth in 2025 too: Report
India's IPO market reached an impressive milestone in 2024, with proceeds doubling to USD 11.2 billion from 2023's USD 5.5 billion, ...
Sensex climbs 227 points to close at 78,699; Nifty ends at 23,814
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Former Suzuki Motor President Chairman & CEO Osamu Suzuki passes away at 94
Osamu Suzuki, the former President Chairman & CEO of Suzuki Motor Corporation, passed away at the age of 94 on Wednesday afternoon due t...
Bitcoin rally fizzles as Token’s record-breaking year winds down
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RBI policies may have contributed to economic slowdown: Finance ministry
The finance ministry's report indicates that the combination of RBI's monetary policy and structural factors may have led to the eco...
Govt considers income tax relief for those earning up to Rs 15 lakh: Report
India may reduce income tax for individuals earning up to Rs 15 lakh annually in the upcoming budget to support the middle class and drive c...
Rupee sees relative gain as other currencies fall more vs $: RBI
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India should seek to push potential growth from 6% to 8%: World Bank chief economist
Indermit Gill, World Bank chief economist, emphasizes India's potential to elevate its growth from 6% to 8% by enhancing efficiency and ...
Ola Electric opens 3,200 stores amid year of consumer complaint woes
Ola Electric Mobility Ltd. opened 3,200 new stores in a single day, expanding its footprint to 4,000 showrooms and service centers across In...
Economic growth likely to pick up on festive, rural demand: RBI
India's economic growth is expected to improve in the latter half of FY25, driven by festive activity, rural demand, and agricultural gr...
India Cements becomes subsidiary of UltraTech
UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production...
Razorpay gives Esops of Rs 1 lakh each to all employees
Razorpay has extended Rs 1 lakh worth of ESOPs to each of its 3,000+ employees for the first time, reflecting its commitment to an employee-...
'Okay to get paid less than Americans': Entrepreneur justifies lower wages to Indians
Buenos Aires entrepreneur Franco Pereyra argues that paying overseas workers less than their US counterparts is not inherently wrong, consid...
Adani spreads wings in aviation, to acquire leading MRO Air Works
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Indian Railways plans centrally heated sleeper train, special Vande Bharat chair car for Kashmir - check features
Indian Railways is set to launch two new train services for enhanced Kashmir connectivity. A centrally heated sleeper train will connect New...
Stock market holidays 2025: BSE, NSE release holiday calendar for 2025 - check full list of month-wise stock market holidays
Stock market holidays 2025: Indian stock exchanges, BSE and NSE, have announced 14 trading holidays for 2025. These include festivals like H...
New India logs lowest claim rejections: Study
New India Assurance boasts the lowest claim rejection rate at 0.2%, outperforming all other insurers in India, according to a recent report....
GST 'track, trace' method may cover cigarettes, pan masala
The GST Council has approved a "track and trace" system to combat tax evasion on specific goods, starting with cigarettes and pote...
Starbucks workers expand strike across several US cities
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Ex-finance minister Arun Jaitley had given go-ahead to clean up bad loans, says Raghuram Rajan
Former RBI Governor Raghuram Rajan revealed that ex-Finance Minister Arun Jaitley supported his decisive action on tackling bad bank loans. ...
GST Council meet key decisions: Clarity on tax rate on popcorn, GST rate on sale of used cars increased, says report
Finance Minister Nirmala Sitharaman is leading the 55th GST Council meeting in Jaisalmer. AAC blocks with high fly ash content will now face...
Sensex tanks 4,000 points in week on signs of slower US rate cuts
The Sensex plunged nearly 1,200 points on Friday, marking its fifth consecutive day of losses. Foreign fund selling, a hawkish US Fed, a wea...
India's forex reserves dip to nearly six-month low
India's foreign exchange reserves dipped below $653 billion, a near six-month low, as of December 13. This marks a $52 billion decrease ...
UltraTech Cement gets CCI's clearance to acquire majority stake in India Cements
Competition Commission of India (CCI) has approved UltraTech Cement's acquisition of a majority stake in India Cements. UltraTech will a...
ITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns - here are the consequences
ITR filing deadline: December 31, 2024, is the last chance to file belated or revised income tax returns for FY 2023-24. Missing this deadli...
Rupee breaches 85/$ for 1st time on Fed's comment of fewer rate cuts in future
The Indian rupee fell to a record low against the US dollar, crossing the 85 mark for the first time. This drop was influenced by the US Fed...
Air India orders 34 trainer aircraft for its upcoming flying school
Air India is establishing a massive flying training organization (FTO) in Amravati, Maharashtra, by mid-2025. The airline has ordered 34 tra...
Avoid Rs 10 lakh income tax penalty! Why it's important to report foreign income, assets in ITR by December 31, 2024 - check details
India's tax department has clarified reporting rules for foreign income and assets. Non-disclosure invites hefty penalties under the Bla...
Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal
Dhaka has been behind on payments to Adani Power since supply started in July 2023. It owes several hundred million dollars for energy that ...
Telangana govt teams up with ITServe Alliance to drive IT sector growth in smaller towns
Telangana government signed an agreement with ITServe Alliance. The goal is to create 30,000 IT jobs in smaller towns. This will boost the s...
These special FDs offer up to 8.10% interest rate: Here’s the deadline for investing in high rate fixed deposits
Punjab & Sind Bank and IDBI Bank are offering special fixed deposit (FD) schemes with higher interest rates until December 31, 2024. IDB...
Zomato CEO Deepinder Goyal is India's 2nd biggest self-made entrepreneur - check top 10 in new Hurun list
Hurun India ranks Deepinder Goyal as India's second-highest valued self-made entrepreneur after Radhakishan Damani. The list includes pr...
Investment of Rs 1.46 lakh crore realised across 14 PLI sectors till August
The Indian government's Production Linked Incentive (PLI) schemes across 14 sectors have yielded Rs 1.46 lakh crore in investments, gene...
Second in a week: DGCA issues show cause to Akasa, this time for operations manual violations
India's aviation regulator, the DGCA, issued a show-cause notice to Akasa Air for alleged lapses in its operations manual and non-compli...
Nasa James Webb Space Telescope reveals rocky planet formation in harsh environments
Scientists used the James Webb Space Telescope to study planet formation. They observed the star cluster NGC 346. They found long-lasting pl...
PAN 2.0: Beware of new scam! Fraudsters launch schemes to fool PAN Card holders - here’s what you should know
The government's PAN 2.0 project introduces enhanced PAN cards with improved security features. However, scammers are exploiting the rol...
Wholesale price inflation (WPI) drops to three-month low as food prices decline
Wholesale price inflation eased to a three-month low of 1.89% in November, primarily due to falling food prices, especially vegetables. Expe...
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