Business News
Major changes for the system as non-government subscribers can withdraw up to 80%
According to a PFRDA notification, a non-government subscriber can withdraw up to 80% of fund accumulated amounting more than 12 lakhs from the N
Wisdom beyond markets: What is Warren Buffetts success mantra & how to recreate it?
Warren Buffett's wisdom transcends finance. His approach emphasizes integrity, generosity, and unwavering optimism, even amidst challenges. Buffe
Vijay Kedia buys 9 lakh shares of SME stock Mahamaya Lifesciences in Rs 12.5 crore block deal
Ace investor Vijay Kedia acquired a significant stake in Mahamaya Lifesciences through a block deal. He purchased nearly 9 lakh shares at Rs 140
IPL Auctions were a bull market in young talent
Prashant Veer, 20-year old all-rounder and Kartik Sharma, 19-year old keeper batter became the highest paid uncapped players in the history of th
Rupee slides lower, crosses 91 mark against US Dollar
The Indian currency weakened about 30 paise to close at 91.0275 per USD against previous close of 90.73 and during the day, it tested a high/low
IndiGo chaos aftermath: Aviation turbine fuel sales plunge; down over 4 per cent in early December
India's aviation fuel sales dipped over 4% in early December, primarily due to IndiGo's extensive flight cancellations caused by new pilot rules
ICICI Prudential AMC IPO draws nearly Rs 3 lakh crore bids, fourth largest on record
ICICI Prudential AMCs Rs 10,600 crore IPO drew nearly Rs 3 lakh crore in bids, led by strong global and domestic institutional demand. Robust anc
Swades Foundation expands operations to three new districts in Maharashtra
The expanded footprint covers an estimated 2.33 lakh rural households and nearly 1.2 million people, significantly enhancing the organisations ab
Rupee will depreciate further, no need to panic or worry: Axis Bank chief economist
The rupee is expected to weaken further, reaching 92-94 against the dollar by June 2027. Experts believe this is not a cause for alarm given Indi
India engaged with all stakeholders for strategy to mitigate impact of US tariffs
The government also sought to provide relief through export promotion measures, such as the new Export Promotion Mission (EPM) which provide supp
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities declined for a second straight session as persistent foreign outflows, record rupee weakness and trade deal uncertainty weighed o
Tata AIA Life, Temasek buys 1.4 pc stake in SBFC Finance for Rs 161 cr
Tata AIA Life Insurance Company and Aranda Investments, an affiliate of Temasek Holdings, on Tuesday bought a total of 1.53 crore shares, represe
Lok Sabha clears Insurance Amendment Bill to allow 100% FDI in insurance sector
The Lok Sabha has approved the Insurance Amendment Bill. This allows foreign companies to own up to 100 percent of Indian insurance businesses. T
Crypto exchange HashKey raises $207 million in Hong Kong IPO
HashKey Group, Hong Kong's largest licensed crypto exchange, has set its initial public offering price at HK$6.68 per share, raising HK$1.61 bill
Rajnath Singh calls for litigation reforms, citizen satisfaction index for cantonments
Highlighting litigation over defence land as a major drain on time and resources, Singh stressed the need to strengthen litigation-handling capac
Government introduces VB-G RAM G Bill to replace MGNREGA amid Opposition protest
The government proposed the VB-G RAM G Bill to replace MGNREGA, facing Opposition protests over funding changes and Gandhis name removal.
Government to sell up to 3% stake in Indian Overseas Bank via OFS, sets floor price at Rs 34/share
The government will divest up to 3% stake in Indian Overseas Bank via an offer for sale starting December 17, with a floor price of Rs 34, at a d
He graduated from the University of Mumbai and completed his Risk Management course from London Business School.
Facing over capacity, distilleries want Government to raise ethanol blending
Accelerated rollout of FFVs, rapid development of ethanol dispensing infrastructure and rationalisation of GST/VAT on ethanol can help India save
Govt gets support from 16 Central trade unions on labour codes
The move comes a week before the opposition parties affiliated trade unions meet on December 22 to decide a date for holding country-wide protest
Market Trading Guide: Buy IDFC First, 2 other stocks on Wednesday for up to 8% upside
Nifty extended losses for a second session. Analysts flagged rising bearish momentum but identified selective buy and sell opportunities based on
US jobs stumble in November: Unemployment rate climbs to 4.6%; highest since 2021
US job growth slowed significantly in November, adding 64,000 positions, a stark contrast to October's loss. The unemployment rate climbed to 4.6
Mutual funds: What is STP and how does it help avoid market volatility? Explained
A systematic transfer plan allows investors to transfer their funds from one mutual fund to another in a planned and systematic manner, rather th
SIM binding rule splits tech firms and telecom companies down the middle
Tech industry bodies such as IAMAI and BIF have pushed back against the move but telecom operators have welcomed SIM binding, terming it a 'neces
Indian shrimp industry to regain competitive edge as global pricing normalises
Long-standing competitive distortions in global supply unwinding and key end markets reopening: InCred Equities
Iron Mountain targets $400 million India data centre revenue in five years
In India, the storage and information management player operates six retail data centres across Mumbai, Delhi, Hyderabad, Bangalore, and Pune, wi
Elon Musk has become the first person to exceed a $600 billion fortune, driven by SpaceX's valuation surge to $800 billion. This unprecedented we
In a remarkable shift in ten years, Global Capability Centres (GCCS) are accelerating their recruitment of tech professionals at a rate four time
Why IndiGo plans to speed up its pilot training
IndiGo has decided to expedite its pilot training program.
FanCode to stream Formula 1 races in India till 2028
FanCode, India's leading digital sports streaming platform, has renewed its broadcast partnership with Formula 1.
Shipments to US outpace Indias overall export growth
Indias exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since
NASDAQ will soon allow share trading round the clock
The tech-heavy NASDAQ exchange, home to major companies like NVIDIA and Apple, is gearing up to introduce 24-hour trading.
India's Kavach train protection system to create business worth 50,000cr
India's indigenous automatic train protection (ATP) system, Kavach, is set to open a 50,000 crore market in the next six to seven years.
Trump praises India, Modi amid long-drawn negotiations on trade pact
This follows Modis call to Trump last week to review bilateral relations, global peace & prosperity
SEBI clears 7 IPOs worth over 6,000 crore
The companies that received SEBI approval include Fusion CX, Orient Cables India, RSB Retail India, Lohia Corp, SFC Environmental Technologies, T
Warehousing demand drives Arya.ags H1 net revenues up 25% at 299 crore
Profit before tax up 39% at 32 crore as inward volumes rise 40% y-o-y
IPL 2026 Auction: Uncapped Players Kartik Sharma and Prashant Veer Fetch 14.20 Crore
Meet the uncapped players who aroused most curiosity in the IPL 2026 auctions:
Vedanta Aluminium raises Lanjigarh refinery capacity to 5 million tonnes a year
The companys alumina production increased to record high of 2.54 lakh tonnes in November
11 States debt-to-GSDP ratio expected to cross 35% in FY26
High debt-GSDP ratio is a result of a States low tax revenue and rise in expenditure.
IndiGo to speed up pilot training
Strap - A section of pilots have voiced concern over contract conditions
Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharama
MNRE has not received any allegations of bribery by Indian RE developers for securing SECI contracts
Minister of State for New & Renewable Energy Shripad Naik said in response to a written query in the Rajya Sabha.
Rupee breaches historic 91-mark as markets tumble amid FII outflows
Foreign investors extend selling streak, offload equities worth 1,468 crore, adding to pressure on domestic markets
Gold declines Rs 1,700 to Rs 1.35 lakh/10g; snaps 4-day record rally
New Delhi: Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as
Geojit Financial shares jump on promoter, institutional buying
As per bulk deal data on the NSE, BNP Paribas SA sold 4.1 crore equity shares, representing 14.6 per cent of Geojits paid-up equity, for 278.8 cr
HDFC Bank gets RBI nod to hold up to 9.5% in IndusInd Bank
The Reserve Bank of India has approved HDFC Bank to acquire up to 9.5% stake in IndusInd Bank, primarily for portfolio investments by its group c
Knowledge Marine, Cupid among 9 smallcap stocks hit 52-week highs and gained up to 40% in a month
Nine stocks from the BSE Smallcap index hit fresh 52-week highs, reaching their strongest levels in the past year, seen as a sign of underlying b
Ola Electric bulk deal: Promoter Bhavish Aggarwal sells 2.6 crore shares worth Rs 92 crore
Promoter Bhavish Aggarwal on Tuesday sold over 2.6 crore shares of Ola Electric Mobility through a bulk deal. The shares were offloaded at Rs 34.
Waaree gets Ministry nod for 5.25GW solar cell capacity
Waaree Energies said the approval strengthens its backward integration across the solar value chain
Telangana CM Reddy seeks exemption from FRBM limit, Central aid for education sector
State is in the need of 30,000 crore for comprehensive development of education
The government company is the largest insurer in the country with a market cap of Rs 5.41 lakh crore.
Uncertainty over tourist sites clouds Kashmirs normalcynarrative
Industry insiders say uncertainty over access to destinations has led to cancellations and hit livelihoods dependent on hotels, transport and han
Elitecon International secures $97 million UAE export deal
The deal, valued at approximately 8.75 billion, represents a significant export contract in Indias FMCG-tobacco sector
Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup
Steve Cahillane previously led Kellogg through its own breakup two years ago. Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead compa
As catastrophe losses top $100 billion again, insurers are helping policyholders mitigate risk
Wildfires and severe storms are the main driver of losses, accounting for 83% of the total insured losses, according to Swiss Re. As catastrophe
A tax return is referred to as a belated return when it is filed after the end of the original due date mentioned under section 139(1). The last
PM Surya Ghar: Gujarat, Kerala, Maharashtra have highest consumers with zero monthly bills
19.45 lakh rooftop solar systems as on December 9 were installed across the country
Origin, track of twin end-November cyclones over Bay surprise weathermen
Two cyclonic disturbances sprung up over Bay during last week of November, first time after 2013
KSH International IPO Day 1: Issue subscribed 15%; Check GMP and other key details
KSH Internationals Rs 710-crore IPO drew muted interest on day one, garnering 15% subscription and zero grey market premium, despite a strong anc
Axis Bank sees 7.5% GDP growth, not overly concerned about the rupee
Tata Group, Reliance, Adani among top 5 recipients of LIC's investment
Adani Group attracted an investment of Rs 47,633.78 crore, while SBI attracted Rs 46,621.76 crore from LIC, Minister of State for Finance Pankaj
Turtlemint Fintech, Yashoda Hospitals among 7 IPOs get Sebi approval
Seven companies across fintech, healthcare, retail, manufacturing and environmental engineering have secured Sebi approval to launch IPOs. The cl
The partnership aims to mitigate market volatility and support diverse projects. Bhansali retains creative control, ensuring a strategic alignmen
India likely to witness above-trend growth of 7.5% in FY27: Axis Bank Research
We expect the monetary easing to drive above-trend growth of 7.5%. Fiscal tightening is expected to continue, though it would be much slower at 2
7 midcap stocks with rising EPS over four quarters. Are you missing out?
Seven NSE midcap companies have delivered consistent EPS growth for four consecutive quarters till September, signalling improving profitability,
Justo acquihires Hustlewin to strengthen Pune operations
Through this integration, Hustlewins strong on-ground execution capabilities will be absorbed into Justos consolidated delivery framework
Onion farmers to set up National Onion Bhavan for price regulation and market monitoring
The estimated cost of the first phase is around 5 crore and will making growing the bulb sustainable and realiable source of income
Prices of agri commodities poised to rise in 2026
New markets, uses will likely provide avenues for demand growth and reflect on prices, say analysts
Nasdaq is planning for near 24-hour trading. What does it mean for Indian stock markets?
Nasdaqs plan for 24x7 trading could change how Indian markets absorb global cues, with price discovery becoming continuous rather than overnight.
Record low! Rupee falls by 23 paise against US dollar; reaches 91.01
The Indian Rupee hit a new record low against the US Dollar on Tuesday. This decline is driven by foreign investors selling Indian assets and sta
Microwaves, Antennas and Propagation conference begins at Kochi
Inaugurating the conference virtually, V Narayanan, ISRO Chairman said these conferences would play a crucial role in positioning India at the fo
Zomato parent crashes 5% after market share loss to Swiggy
Zomato parent Eternal's shares plunged nearly 5% on Tuesday, closing at 284.50.
Stock markets tumbles, dragged by foreign fund outflows, weak global trends
Continued INR weakness to fresh record lows, driven by persistent FII outflows and subdued global sentiments, dragged the domestic markets into n
Gainers & Losers: Vedanta, Axis Bank among 7 stocks under the spotlight on Tuesday
Vedanta, Meesho and SEPC saw sharp gains, while Axis Bank, Ola Electric and Policybazaar declined as markets ended lower amid broad-based selling
Ixigo vs Cleartrip: Hotels, buses, rail and AI in the fight for second place
MakeMyTrip is the leader of Indias online travel market by some distance with more than 50% share. The real fight is for second place, between iX
Your credit report goes weekly: What RBIs new rules mean for EMIs, cards and loans
The Reserve Bank of India is enhancing credit reporting, moving from monthly to 15-day updates and proposing weekly reporting by July 2026. This
Wall Street banks prepare for round-the-clock stock trading, reluctantly
Round-the-clock trading is fast approaching U.S. stock markets, but not all of Wall Street is embracing the move. Several of the largest U.S. ban
Why is Indian rupee continuously falling? Know 6 major factors and impact on Indian households
The Indian rupee has fallen for the fourth consecutive session today, hitting an all-time low of the 91 per dollar mark in the afternoon session.
Indian markets may be nearing a turning point as consumption indicators improve and strategic foreign investors increase bets on financials, says
Bitcoin, Ethereum plunge up to 7%; forced liquidations hit $600M
The cryptocurrency market witnessed a major sell-off in the last 24 hours, with Bitcoin and Ethereum witnessing significant losses.
Why IndiGo pilots are seeking contempt action against DGCA
The Indian Pilots Guild (IPG) and Federation of Indian Pilots (FIP) have filed a plea in the Delhi High Court, seeking contempt proceedings again
Delhi HC will hear Apple's challenge to CCI next month
The Delhi High Court has postponed the hearing of Apple's challenge to India's competition law, which allows penalties to be calculated on a comp
Why Ben & Jerry's has fired 3 board members
Ben & Jerry's, the iconic ice cream brand, has removed three members from its independent board.
Ion Exchange shares surge 2.5% on 205 crore solar sector contract win
The stock touched an intraday high of 416.50 before settling lower, with traded volumes reaching 92.17 lakh shares worth 374.58 crore
Domestic coal production up 2.06% in November
Notwithstanding the increase in production, it fell below the stipulated target of 97.18 MT.
Hindustan Aeronautics (HAL) has been crowned the most consistent and all-round wealth creator stock over the past five years, outperforming the N
Eternal shares tumble 5% on market share loss to Swiggy
The brokerage noted that overall industry order volumes declined 5.3% month-on-month in November, while Eternals order volumes fell 4.4% and Swig

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