Business news

Focus of market will shift from micros to macros: Expert

With the Q1 results season coming to an end soon, the focus of the market will shift from micros to macros, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Aug 9, 2023

Rating agency Moody's warns to downgrade 6 US banks, stocks sink further

Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade, sending stocks tumbling as investors worried about more banking sector pain ahead, the media reported.

Aug 9, 2023

Homegrown gaming platform MPL lays off 50% of workforce amid 28% GST regime

Homegrown online gaming platform Mobile Premier League (MPL) is reportedly slashing its workforce by nearly 50 per cent that will impact around 350 jobs, as the 51st GST Council meeting stayed firm on taxing online gaming at 28 per cent on gross value collected.

Aug 8, 2023

Parliament passes Delhi Services Bill with bill clearing RS despite strong fight by Opposition

The Government of National Capital Territory of Delhi (Amendment) Bill, 2023 was passed by the Parliament on Monday, despite strong fight by the opposition parties in the upper house.

Aug 8, 2023

Google Pay features seen on android smartphone screen

PhonePe, Google Pay duopoly under threat; new UPI feature could change e-payment landscape

Currently UPI apps like PhonePe and Google Pay enjoy a staggering majority of the mobile payment market share, but UPI Plugin could tip the scales and change that.

Aug 7, 2023

Investors await RBI monetary policy in the coming week

Investors are awaiting the upcoming MPC meeting, where the RBI is expected to maintain its policy rates at 6.5 per cent, says Vinod Nair, Head of Research at Geojit Financial services.

Aug 7, 2023

RIL's exports cross Rs 3.4 trillion; represents India's 9.2% total exports [details]

Reliance India Limited's exports for the year was Rs 3,40,048 crore (US$ 41.4 billion), a strong jump of 33.4 per cent from FY22 exports of Rs 2,54,970 crore (US$ 33.6 billion).

Aug 6, 2023

Centre defers import curbs on laptops, PCs till Nov 1 [details]

The Central government has deferred its decision to restrict the import of certain category of laptops and computers until November 1, allowing companies three-months time to import these devices.

Aug 5, 2023

The Benefits of Forming an LLC in New Mexico

There is a rising trend among corporations and small businesses alike, recognizing New Mexico as a viable state for establishing LLCs. The trend seems to resonate with businesses looking for more accessible, adaptable, and advantageous legal structures.

Aug 4, 2023

Global Business Trends: Has Wyoming Become a Tax Haven?

Wyoming is one of several states that allows customers to put a private company (usually controlled by family members) in charge of their trust, ensuring complete control over the assets and an extra layer of financial secrecy.

Aug 4, 2023

Sensex dovetails further, now more than 500 points down

BSE Sensex was down 565 points in trade on Thursday afternoon as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Impact of US rating downgrade: Sensex down by 132 points today

BSE Sensex was down 123 points in trade on Thursday morning as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Sky is the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]

IndiGo is soaring high with record Rs 3100 crore quarterly profit in June; that's Rs 35 crore per day

Interglobe Aviation Ltd, that owns Indigo Airlines, on Wednesday announced that it will be floating a Limited Liability Partnership to invest in startups after closing the first quarter of 2023-24 with a net profit of Rs 3,087.2 crore.

Aug 3, 2023

Karnataka Govt -Foxconn sign Letter of Intent for two projects; Investments of worth Rs 5,000 crore

Karnataka Govt - Foxconn sign Letter of Intent for two projects; Investments worth of Rs 5,000 crore

The Karnataka government and iPhone maker Foxconn have signed a Letter of Intent (LOI) for two projects with an estimated investment outlay of Rs 5,000 crore generating 13,000 jobs, state Large and Medium Industries Minister M.B. Patil said on Wednesday.

Aug 2, 2023

Sensex begins reverse trend, slumps over 600 points to below 66K mark

The BSE Sensex plummeted more than 600 points on Wednesday morning to fall below the 66,000 mark.

Aug 2, 2023

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Business news

Focus of market will shift from micros to macros: Expert

Rating agency Moody's warns to downgrade 6 US banks, stocks sink further

Homegrown gaming platform MPL lays off 50% of workforce amid 28% GST regime

Parliament passes Delhi Services Bill with bill clearing RS despite strong fight by Opposition

PhonePe, Google Pay duopoly under threat; new UPI feature could change e-payment landscape

Investors await RBI monetary policy in the coming week

RIL's exports cross Rs 3.4 trillion; represents India's 9.2% total exports [details]

Centre defers import curbs on laptops, PCs till Nov 1 [details]

The Benefits of Forming an LLC in New Mexico

Global Business Trends: Has Wyoming Become a Tax Haven?

Sensex dovetails further, now more than 500 points down

Impact of US rating downgrade: Sensex down by 132 points today

IndiGo is soaring high with record Rs 3100 crore quarterly profit in June; that's Rs 35 crore per day

Karnataka Govt - Foxconn sign Letter of Intent for two projects; Investments worth of Rs 5,000 crore

Sensex begins reverse trend, slumps over 600 points to below 66K mark

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]