13 C Business News
View News by News Source
Goldman Sachs makes big bet on ETFs specializing in downside protection
Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds which use options to help protect against market loss
End of 'The Berkshire Way'? Combs' departure isn't only big change as Buffett transition nears
There were several additional personnel changes in Monday's three-page news release that signal the company is moving toward a more conventional
Three US lawmakers introduce resolution to end India tariffs
Three US lawmakers have introduced a resolution in Congress. They aim to end tariffs imposed by the Trump administration on India. The lawmakers
Indian Railways is implementing significant cost-cutting measures in maintenance, procurement, and energy to bolster its finances. This proactive
Wall Street outlook for 2026: Will Big Tech dominance fade in US markets? What analysts have to say
Wall Street firms are advising investors to diversify beyond the Magnificent Seven tech stocks as their market dominance appears to be waning. St
We want BRIDGE to be the Davos for media: DG of UAE Media Office
Held by the private BRIDGE Alliance, but under the aegis of theGovernment of the UAE, the three-day summit brought together voices from journalis
Mumbai police tightens security ahead of Messi visit on Dec 14 after fan outrage at Kolkata event
Messi is expected to visit Cricket Club of India for a Padel GOAT Cup event followed by a celebrity football match before proceeding to Wankhede
Venezuela's oil exports shrivel as US seizes tanker off its coast
Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera's sources stated, after the US announced that
FIIs sold 110 crore of equities every trading hour in 2025
FPIs near 2ndhighest number of sell days in 20 years, while DIIs bought 510 crore
Shiprocket files updated draft papers with SEBI for 2,342-cr IPO
The issue will comprise a fresh issue of equity shares worth up to 1,100 crore and an offer-for-sale component of up to 1,242.3 crore
SpaceX is reportedly conducting an internal share sale valuing the company at $800 billion, with a potential 2026 IPO in the works. This valuatio
Delhi air pollution: Over 40 start-up founders meet to figure out solutions
Similar to winters in the several past years, Delhi continues to choke due to the toxic air, with pollution levels reported above 300 on most day
Over 2 lakh taxpayers claimed suspicious deductions of nearly 5,500 crore, says IT Dept
54,000 taxpayers have already corrected their filings and withdrawn ineligible claims worth approximately 1,400 crore and updated their returns
The Income Tax department is alerting taxpayers via SMS and email to update their returns and withdraw incorrect claims, following a crackdown on
Messis GOAT India Tour: Football icon reaches Hyderabad after Kolkata chaos
Messis itinerary in Hyderabad includes a highly anticipated 7v7 exhibition football match at the Rajiv Gandhi International Stadium, where Telang
Stock market outlook: Nifty slips 0.53% for the week; further consolidation expected
The Nifty experienced a mild correction this week, consolidating within a downward pattern and closing negative despite a Federal Reserve rate cu
Bill to set up single higher education regulator likely to be tabled in Parliament next week
A single higher education regulator, which was proposed in the new National Education Policy (NEP), looks to replace the UGC, AICTE, and NCTE
Indian Railways readies cost-cut plan as 8th Pay Commission looms
Indian Railways is gearing up to implement strategic cost-cutting measures in maintenance, procurement, and energy sectors.
Airbnb report says 55% of Indians plan winter trips every year; Goa, Kerala top picks
Winter has evolved as one of the countrys favourite travel seasons
Retail inflation may reduce by 35 basis points in FY25-26; driven by GST reforms: Report
GST reforms are projected to reduce retail inflation by up to 35 basis points in 2025-26, with an estimated 25 basis points decline already obser
IndiGo returns to near-normal operations with 2,050 flights
IndiGo, India's largest airline, has returned to normal operations after a period of major disruption.
India eases business visa process for Chinese nationals
India has simplified the process of issuing business visas to Chinese professionals, a move that China has welcomed as a positive step.
Shiprocket files updated IPO papers for 2,342cr issue
Shiprocket, a Gurugram-based logistics and shipping platform has filed an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exc
Ahmedabad-based fruit & veggie supplier, Stanbik Agro, float IPO to fund expansion
The issue will fund expansion of the companys farmtomarket retail network and support its working capital needs as it scales up operations since
IT Department NUDGEs taxpayers on bogus deductions through the data-driven approach
The NUDGE campaign gives taxpayers an opportunity to update their Income Tax Returns and withdraw wrong claims, if any
FPIs withdraw 13,000cr from Indian markets in a week
Foreign Portfolio Investors (FPIs) pulled out 12,941 crore from Indian markets in the week ending December 12.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despit
Foreign investors withdraw 13,000cr from Indian markets in a week
Foreign Portfolio Investors (FPIs) have pulled out 12,941 crore from the Indian stock market in the week ending December 12.
How India's new labor laws can boost women's workforce participation
The All India Organisation of Employers (AIOE) and law firm Shardul Amarchand Mangaldas have released a white paper highlighting the potential of
Debt mutual funds see 25,000cr outflows in November
Debt mutual funds witnessed a massive outflow of 25,692 crore in November 2025, reversing last month's inflow of 1.59 lakh crore.
India's primary market is gearing up for a busy week with four new IPOs totaling Rs 830 crore, led by KSH International's Rs 710 crore offering.
Income Tax department sends SMS/emails for bogus political donation claims
The Central Board of Direct Taxes (CBDT) alerts that a huge amount of bogus claims have been made on account of donations to Registered Unrecogni
BJP-led NDA creates history in Kerala local polls, unseats LDF in Thiruvananthapuram Corporation
Of the 101 wards in Thiruvananthapuram Corporation, the BJP won 50, LDF 29, UDF 19 and two by independent candidates
Indias December crude oil imports from Russia likely to follow November 2025 cues, says CREA
India imported crude oil worth Euro 2.6 billion, or roughly $3 billion, last month compared to Euro 2.5 billion ($2.93 billion) in October 2025,
One in two IPOs trading below issue price as high valuations remain a concern
Of the 97 companies that tapped the market between January 1 and December 11, about 47 are trading below their issue price
Low inflation, high growth: India's 'sweet spot' - Who really pays for 'goldilocks' economy?
India is experiencing a rare economic phase with near-zero inflation and robust growth exceeding 8%. While this 'Goldilocks' moment benefits borr
India is actively engaging with Mexico over a unilateral tariff hike of up to 50% on a wide range of products. New Delhi seeks solutions benefici
Prime organiser of Messi event in Kolkata detained over mismanagement
Satadru Datta was detained for alleged mismanagement of the event from the Kolkata airport where he had gone to see off Messi and his entourage o
FPIs pull out 12,941 crore from markets in week ending December 12
Rupee weakness further dampened foreign investor sentiment as currency losses eroded dollar-based returns
SpaceX sets $800 billion valuation, confirms 2026 IPO plans
The per-share price of $421 in its latest secondary offering, laid out by Chief Financial Officer Bret Johnsen in the memo to shareholders, is ne
JioStar and ICC deny reports of split in broadcast partnership
JioStar and the International Cricket Council (ICC) have denied rumors of a split in their broadcast partnership.
Tesla's latest product is $350 pickleball paddle you can't buy
Tesla has launched a new lifestyle product, but it's not a car accessory.
he changes affect domestic retail term deposits below Rs 3 crore, the Marginal Cost of Funds?based Lending Rate (MCLR), the External Benchmark Li
RBI Deputy Governor dismisses need for stablecoins in India
T Rabi Sankar, the Deputy Governor of the Reserve Bank of India (RBI) has dismissed the need for stablecoins in India's financial system.
India warns of retaliation as Mexico imposes 50% tariffs
India has strongly opposed Mexico's sudden decision to raise import tariffs on goods from countries without free trade agreements.
Commodities market: Copper prices surge 35% this year What led the rally?
Copper prices are soaring towards $12,000 a ton, fueled by booming AI data infrastructure demand and global supply worries. With a 35% surge this
Shivganga Drillers files papers with Sebi for Rs 400-cr IPO
Shivganga Drillers is planning to raise Rs 400 crore through an initial public offering. The company will use the funds for machinery, debt repay
Indian markets saw significant volatility and closed the week in the red. Foreign fund outflows and a falling rupee impacted investor sentiment.
Shiprocket files updated IPO papers with SEBI; eyes 2,342 crore via public issue
The IPO is a combination of a fresh issue of equity shares aggregating up to 1,100 crore along with an offer for sale of 1,242.3 crore by the sel
Shivganga Drillers files papers with SEBI for 400-cr IPO
The company may raise 80 crore through a pre-IPO placement, which, if undertaken, would accordingly adjust the fresh issue size
ICICI Direct names Bajaj Finserv, IOL among 7 top picks as it sees Nifty at 30,000 in 2026
Against this backdrop, ICICI Direct has identified seven stocks as its top picks for the year, citing favourable technical and structural charact
Where valuations still make sense: ICICI Pru's Vaibhav Dusad on IT, banks and select contrarian bets
ICICI Prudential AMC sees opportunities in technology and large private banks. Financials are adapting to rate cycle changes. The fund manager di
Robert Kiyosaki, author of 'Rich Dad Poor Dad', criticized the global financial system as a 'Heads I win, tails you lose' game controlled by bank
'Sincerely apologise to Lionel Messi': Mamata orders probe over mismanagement at Kolkata event
KOLKATA:Stating that she was shocked and deeply disturbed by the mismanagement at the Lionel Messi event in Kolkata , Chief Minister Mamata Baner
India engaged with Mexico over 'unilateral' tariff hike
India is actively engaging with Mexico to find mutually beneficial solutions regarding Mexico's unilateral tariff hikes on certain products. Whil
Following the RBI's repo rate cut, State Bank of India has slashed its lending rates, including MCLR, EBLR, and RLLR, effective December 15th. Th
SpaceX IPO: Why world's leading space company is going public
SpaceX is gearing up for a major initial public offering (IPO) next year, The Wall Street Journal reported.
Eternal and Temasek-backed Shiprocket files updated DRHP for Rs 2,342 crore IPO
E-commerce enabler Shiprocket is gearing up for an IPO, aiming to raise up to Rs 2,342 crore. The company, backed by investors like Temasek, plan
Bitcoin and major cryptocurrencies experienced a significant slump, dropping over 2% in 24 hours and extending monthly declines to over 10%. This
SBI cuts lending rates, home loan EMIs set to fall
The State Bank of India (SBI) has announced a reduction in its lending rates across various benchmarks, including the Marginal Cost of Funds-base
IPO Calendar next week: 4 new issues, ICICI Prudential AMC among 15 listings on investors radar
India's primary market is buzzing with activity as four new public issues, totaling Rs 830 crore, are set to launch, led by KSH International's R
These 8 stocks in Anil Kumar Goels portfolio surged up to 60% in FY26 Are you holding any?
As per the September 2025 quarter filings, Goel has reported stakes above 1% in around 34 listed companies, with the portfolios total value stand
Cement margins to rise 250 bps on higher realisation, stable cost in FY26: Crisil report
In the first half of this fiscal year, volume grew a moderate 5% year-on-year; In the second half of this fiscal year, volume is expected to rise
Cramer's week ahead: New economic data and earnings from FedEx, Jabil
CNBC's Jim Cramer on Friday told investors what to look out for next week on Wall Street. Cramer's week ahead: New economic data and earnings fro
Trump says 'no big deal' after Jeffrey Epstein photos showing him released
Democrats on the House Oversight Committee released the photos to pressure the Trump administration to release files about Jeffrey Epstein. Trump
Boeing delays Trumps new Air Force One jets again
The US Air Force is facing another year-long delay in receiving its new Air Force One jets from Boeing.
SpaceX's valuation nears $800B as it prepares for IPO debut
SpaceX, the pioneering space exploration company founded by Elon Musk, is gearing up for an initial public offering (IPO) in 2026.
Labour Codes can significantly boost women's workforce participation in India: Report
New labour codes, effective November 2025, are poised to significantly boost women's workforce participation by enhancing safety, security, and a
SEBI dismisses insider trading case against Adani's nephew
The Securities and Exchange Board of India (SEBI) has dropped insider-trading allegations against Pranav Adani, director of several Adani Group c
SBI cuts fixed deposit interest rates from December 15
The State Bank of India (SBI), the country's largest public sector lender, has announced a revision in its fixed deposit (FD) interest rates.
Union Budget: How it is prepared and presented
Finance Minister Nirmala Sitharaman will present her ninth consecutive Union Budget on February 1, 2026.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
The benchmark finished in the red in three of the five sessions between December 8 and 12. Despite broader market weakness and some volatility, e
SBI lowers select deposit, lending rates
SBI has reduced interest rates on specific deposits and lending benchmarks following a 25 basis points repo rate cut. The bank adjusted deposit r
The Indian government has launched a Rs 476.03 crore, six-year development program to modernize the makhana sector. This initiative, overseen by
Up to 5,500% return! BSE, Adani Enterprises among India's top 10 fastest wealth multibaggers
The study tracks total shareholder returns, profit growth and market capitalisation expansion to identify the fastest wealth creators over five y
Infosys seeks damages from Cognizant in antitrust dispute
Infosys has filed a counterclaim in its ongoing legal battle with Cognizant, seeking monetary and equitable relief.
Hotels set for a strong 2HFY26: Indian Hotels, Lemon Tree strong buys
India's hotel sector is experiencing sustained acceleration, driven by a broad recovery across business, leisure, weddings, and MICE segments. St
Silver rockets past $60: Whats driving the melt-up and what 2026 could look like
Silver has touched record highs this week, crossing $60 an ounce for the first time. This surge is driven by strong industrial demand, persistent
ICICI Prudential Mutual Funds IPO subscribed 72% on opening day
ICICI Prudential Mutual Fund's massive Rs 10,600-crore IPO saw robust demand on its opening day, with institutional investors oversubscribing the
Haryana ties up with World Bank to cut pollution
Haryana has launched its most ambitious environmental initiative, the 'Haryana Clean Air Project for Sustainable Development,' in collaboration w
Indian Railways is piloting a new on-board catering model, separating meal preparation from service. IRCTC is partnering with established food br
Department of Posts partners BSE to expand Mutual Fund access across India
Selected postal employees will be trained and certified as mutual fund distributors, enabling them to provide investor services and facilitate mu
India's retail inflation predicted to average 2.5% in FY26: Crisil
Crisil, a leading rating agency, has projected that India's retail inflation will average around 2.5% in the fiscal year 2025-26.
Trump's $100,000 H-1B visa fee draws legal challenge from USstates
The states joining California in the lawsuit include New York, Massachusetts, Illinois, New Jersey and Washington
Intel nears $1.6B acquisition of AI start-up SambaNova
Intel is reportedly close to acquiring artificial intelligence (AI) start-up SambaNova Systems in a deal worth $1.6 billion, including debt.
IndiGo moves Delhi HC seeking refund of 900 crore Customs duty
IndiGo, in its plea, contended that the levy of Customs duty on such re-imports was unconstitutional and amounted to double levy on the same tran
Auto dispatches hit top gear: November clocks double-digit sales growth What's driving the surge?
Automakers experienced a record-breaking November with strong factory dispatches to dealerships, indicating sustained consumer demand. Passenger
ICICI Pru AMC to Corona Remedies: GMPs suggest up to 63% returns for 15 IPO listings next week
Grey market premiums indicate a wide dispersion in listing expectations, ranging from flat debuts to gains of over 60%.
Lionel Messi to virtually unveil his 70-foot statue at Lake Town in Kolkata
The Argentine football legend arrived in the City of Joy early on Saturday morning to an overwhelming reception from fans
