Business news

Mukesh Ambani presents 'Reliance New Commerce' and a plan to become zero net-debt firm

Billionaire Ambani's new strategy means for Jamnagar refinery means it would gradually reduce the production of auto fuels and turn to jet fuel and petrochemicals.

Aug 12, 2019

Aadhaar Pay back in demand, crosses 200 million transactions in July

As per the latest data from the National Payments Corporation of India, transactions increased 11 percent, from 185 million in June to 206 million this July.

Aug 12, 2019

FPIs withdraw Rs 9,197 crore worth investment in August, all eyes on FM now

The trend of cutting down the investments was seen after eight core sector industries such as coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity continued to show a negative growth due to the economy slowdown.

Aug 12, 2019

OnePlus preparing for Sept 26 launch of its first smart TV with combined Android and AI experience

OnePlus will be stepping into the TV segment with its android-run smart TV. The TV is expected to integrate AI-powered voice assistant.

Aug 12, 2019

Anil Agarwal's Volcan Investments shows interest in Jet Airways

Volcan Investments in an exploratory move has sought an EoI for Jet Airways, to understand the business scenario for the company and the industry.

Aug 12, 2019

Demand truncation dents workforce in Gurugram-Manesar auto cluster

No authentic data is currently available on the extent of job losses, as most of these have occurred on the auto part suppliers' side.

Aug 11, 2019

Explained: What's behind the record surge in gold prices?

Safe-haven investments gold and silver futures rise in India as equities underperform after the general election 2019 and in international markets because of US-China trade war fears.

Aug 10, 2019

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Home buyers will enjoy the status of banks and institutional creditors and can take real estate companies into bankruptcy proceedings.

Aug 10, 2019

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Markets respond energetically to reports government is considering the lifting of the surcharge proposed in the Union Budget 2019; Sensex, Nifty soar for the second day.

Aug 9, 2019

Zomato announces better parental leave benefits to all staff including men, non-birth parents and LGBTs

Zomato lays off 70-100 Gurugram employees to cut costs

The company cited redundancies in the department as the reason for the lay-offs.

Aug 9, 2019

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Automakers call for major incentives as top carmaker Maruti reduces production by 25 percent for the sixth consecutive month in July

Aug 8, 2019

US-China trade war could trigger prolonged global recession this year

Is global economy slipping into a recession? Key indicators paint glum picture

Almost all main economic and industrial indicators that provide a reliable guide to the business cycle confirm the economy has already slowed severely.

Aug 8, 2019

J&K developments: Trade ban will hurt Pakistani traders more than Indians

Imran Khan's decision to cut off trade ties with India over Jammu and Kashmir developments will harm Pakistani traders who enjoyed the most favoured nation status with India until recently while Indians will be hit to a lesser extent.

Aug 8, 2019

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

The central bank reduced the repo rate by 35 basis points to 5.40 per cent from 5.75 per cent in its third bi-monthly Monetary Policy Statement for 2019-20.

Aug 7, 2019

indian oil ioc petrol pump saudi aramco total bp

You may soon be able to buy petrol from the supermarket during weekly shopping

Major reforms to energy policy may allow foreign energy companies and supermarkets to sell fuel to retail users.

Aug 7, 2019

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Business news

Mukesh Ambani presents 'Reliance New Commerce' and a plan to become zero net-debt firm

Aadhaar Pay back in demand, crosses 200 million transactions in July

FPIs withdraw Rs 9,197 crore worth investment in August, all eyes on FM now

OnePlus preparing for Sept 26 launch of its first smart TV with combined Android and AI experience

Anil Agarwal's Volcan Investments shows interest in Jet Airways

Demand truncation dents workforce in Gurugram-Manesar auto cluster

Explained: What's behind the record surge in gold prices?

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Zomato lays off 70-100 Gurugram employees to cut costs

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Is global economy slipping into a recession? Key indicators paint glum picture

J&K developments: Trade ban will hurt Pakistani traders more than Indians

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

You may soon be able to buy petrol from the supermarket during weekly shopping

Rakhi Sawant's mother Jaya Sawant passes away after prolonged illness; husband Adil Durrani confirms

'Tiger ka toh main bhi fan hoon': Pathaan star calls Salman Khan GOAT, shares update on Jawaan teaser ; as he hosts ASK SRK session

Australian Open 2023: Sabalenka overcomes Rybakina to win Australian Open, first Grand Slam title