Business news

Same order, different bills; Zomato faces flak for overcharging customers online [details]

Many a netizen, both laughed and fumed at the price difference between the two bills and how promo codes, sometimes, even increased the bill price on the app.

Jul 5, 2022

Moissanite Wedding Bands – How to Pick?

When it comes to wedding bands, the biggest tip is to use your engagement ring as a guide. If you have a moissanite wedding ring, it would be best to buy a moissanite wedding band

Jul 4, 2022

Karnataka leads the way; ranked 'Best Performer' in GoI's States' Startup Ranking-2021 [details]

Karnataka was awarded the 'Best Performer' category in the rankings for launching engineering research and development policy to attract sector-focused incentives, and creating regulatory sandboxes for startups.

Jul 4, 2022

Large borrowers' loan accounts and bad loans decline: RBI's Financial Stability Report

The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing assets (GNPA) also went down, said the Reserve Bank of India (RBI).

Jul 2, 2022

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection.

Jul 2, 2022

Import duty on gold increased, may not impact demand or price of this yellow metal

The increase in customs duty on gold will not have any major impact on the precious metal's demand or the price, said a top official of Madras Jewelers and Diamond Merchants Association.

Jul 1, 2022

If banks raise interest rates on Fixed deposit to 7.5-8%, there could be a flight from mutual funds: Report

If banks raise interest rates on fixed deposits to 7.5-8%, there could be a flight to these products from mutual funds, Motilal Oswal Financial Services said in a report.

Jul 1, 2022

Best Performance: K'taka tops DPIIT's Ease of Doing Business-SBRAP 2020 rankings

Karnataka has bagged the "Top Achiever" position under the implementation of the Ease of Doing Business ranking of States/Union Territories released by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India on Thursday.

Jun 30, 2022

Unbranded packaged foods, budget hotels to be brought under GST

Unbranded pre-packaged food items, hotels with room rent less than Rs 1,000 to be brought under the Goods and Services Tax (GST) net seems to be the decision of the GST Council.

Jun 29, 2022

Forex: Indian rupee slips to 78.68 against US dollar

The increasing global crude oil prices and inflation concern turned slippery for the Indian rupee as it went down against the US dollar on Tuesday.

Jun 28, 2022

Govt appoints IRS officer Nitin Gupta as CBDT chairman [details]

The government has appointed IRS officer Nitin Gupta as the new chairman of Central Board of Direct Taxes (CBDT).

Jun 27, 2022

Ola Cars to hire 10,000 people, expand to 100 cities

Ola shuts used cars business, winds up Q-commerce platform Ola Dash

Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when Indian companies are pouring money into the 10-15 minute grocery delivery market.

Jun 25, 2022

As QR codes made mandatory on medicines, experts underline challenges ahead for industry

In March, the ministry had asked the department of pharmaceuticals (DoP) to shortlist drug brands that can be included in the implementation of mandatory QR codes.

Jun 25, 2022

Electricity used to mine Bitcoin decreased sharply as crypto crisis widens [In-depth]

The electricity consumption of the bitcoin network has fallen by a third from its high of 11 June, down to an annualised 131 terawatt-hours a year, according to estimates from the crypto analyst Digiconomist.

Jun 25, 2022

Crypto market flip-flops unlikely to stem slump, companies announce over 1,700 layoffs so far in June alone

Multiple crypto exchanges have announced layoffs that will, by Insiders' calculations, add up to roughly 1,700 job cuts in total.

Jun 22, 2022

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Business news

Same order, different bills; Zomato faces flak for overcharging customers online [details]

Moissanite Wedding Bands – How to Pick?

Karnataka leads the way; ranked 'Best Performer' in GoI's States' Startup Ranking-2021 [details]

Large borrowers' loan accounts and bad loans decline: RBI's Financial Stability Report

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

Import duty on gold increased, may not impact demand or price of this yellow metal

If banks raise interest rates on Fixed deposit to 7.5-8%, there could be a flight from mutual funds: Report

Best Performance: K'taka tops DPIIT's Ease of Doing Business-SBRAP 2020 rankings

Unbranded packaged foods, budget hotels to be brought under GST

Forex: Indian rupee slips to 78.68 against US dollar

Govt appoints IRS officer Nitin Gupta as CBDT chairman [details]

Ola shuts used cars business, winds up Q-commerce platform Ola Dash

As QR codes made mandatory on medicines, experts underline challenges ahead for industry

Electricity used to mine Bitcoin decreased sharply as crypto crisis widens [In-depth]

Crypto market flip-flops unlikely to stem slump, companies announce over 1,700 layoffs so far in June alone

Ram Charan announces launch of V Mega Pictures; announces first production 'The India House' with Nikhil Siddhartha

Altaf Bukhari forced to delete his tweet on death penalty for Yasin Malik [here's why]

"If its meant to happen..": Gulshan Devaiah reveals he is infatuated with Sai Pallavi [details]