Business news

India's National Logistics Policy, ULIP integration and Flipkart's role in it: A winning formula

ULIP in logistics policy frees exporters from cumbersome processes; Flipkart played its part [details]

ULIP will bring all the digital services related to the transportation sector into a single portal, freeing the exporters from a host of long and cumbersome processes. See Flipkart's role in it.

Sep 18, 2022

Cloud communication firm Twilio sacks over 850 employees

Cloud communication firm Twilio sacks 850 employees, 11% of workforce

"Twilions who are impacted will also be able to meet with a leader from their team," Twilio CEO Jeff Lawson said in a statement late on Wednesday.

Sep 15, 2022

YUSE.io Awarded Investment By Celebrity FinTech Investor Herbert Sim

Herbert Sim said We get pitched to by countless projects and startups daily, and we have personally handpicked YUSE Tech, for various reasons.

Sep 14, 2022

Sensex opens above 60,500 points Tuesday, 4th straight positive session

Indices open above 60,500 points Tuesday, 4th straight positive session showing higher confidence levels in the market.

Sep 13, 2022

Petrol, diesel prices regulated by election dates, not by global rates: Congress

Congress spokesperson Gaurav Vallabh alleged that retail inflation, GDP growth, and a depreciating rupee are some of the examples that paint a concerning picture of how the economy was being managed.

Sep 11, 2022

India's external debt of $620 billion is sustainable, defends Finance Ministry

In a recent report, the Department of Economic Affairs said the country's external debt continues to be sustainable and prudently managed.

Sep 5, 2022

Anand Mahindra takes new pledge after Cyrus Mistry's death, Bloomberg criticizes Indian roads

Aged 54, Cyrus Mistry died in a car accident on Sunday on his way to Mumbai from Gujarat's Udwada

Sep 5, 2022

India eyes 25 million tons of green hydrogen production by 2047 to curb energy imports

With green hydrogen, India aims to reduce fuel imports and wean the economy off fossil fuels to meet climate targets

Sep 4, 2022

Central Board of Direct Taxes issues refunds of over Rs 1.14 lakh Cr to taxpayers

The Central Board of Direct Taxes (CBDT) said on Saturday that it has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers between April 1 to August 31.

Sep 3, 2022

Crypto Mining Gets Expensive, Minting Is a More Sustainable Solution

PLC Ultima enables the user to receive a guaranteed reward strictly equal to a certain percentage of his existing PLCUs involved in minting.

Aug 31, 2022

Stock Markets closure: Indices ends sharply up, Sensex up over 1,500 points

Benchmark indices ended sharply up on Tuesday after falling sharply on Monday due to delivery-based buying by the FIIs and short covering in the F&O market, dealers said.

Aug 30, 2022

Centre's show-cause notices to manufactures/importers of weighing & measuring instruments

Keeping in view the unauthorised sale of weighing and measuring instruments on e-commerce sites, the Centre has issued show cause notices to the manufacturers and importers for seeking details of compliance.

Aug 30, 2022

Indian rupee declines sharply to a record low, one dollar equals Rs. 80.14

At 11 a.m., the rupee was trading at 80.04, as compared to 79.86 close on the previous trading session against the US dollar.

Aug 29, 2022

Bitcoin plunges below $20K, may reach $10K level this year [details]

Bitcoin prices had stabilised around the $23,000 to $24,000 level after plunging below $20,000 in June.

Aug 28, 2022

As fraudsters get smarter, RBI, banks get busy plugging loopholes [see how]

The RBI has also issued Master Directions for classification and reporting of frauds by commercial banks and select financial institutions.