Business news

SoftBank Group International CEO "Michel Combes" quits in just 5 months, Alex Clavel replacing him

In a surprise move, French businessman Michel Combes, who joined as SoftBank Group International CEO in January this year, has resigned, the company announced on Wednesday.

Jun 22, 2022

RBI extends timeline for compliance of some credit and debit card business directions

The Reserve Bank of India (RBI) on Tuesday extended the timeline for implementation of certain directions relating to credit and debit card business.

Jun 22, 2022

IDBI Bank to sell property owned by Great Indian Tamasha Company; calls for bids [details]

IDBI Bank has invited bids through e-auction for the sale of property of Great Indian Tamasha Company, which was running the Kingdom of Dreams in Gurugram.

Jun 20, 2022

Cryptocurrency: Bitcoin surges past $20K, Ethereum crosses $1,100 per coin

After witnessing free fall for weeks, Bitcoin finally managed to rebound past $20,000 per digital coin on Monday, around 16 per cent gain over the weekend.

Jun 20, 2022

Before Stock Markets Open: Optimism high on recovery of Sensex this week

Markets to recover some lost ground, says Arun Kejriwal on equity indices of Indian markets this week

Jun 20, 2022

Shock-absorbing capabilities of Indian retail investors is the silver lining

In recent months, the stock market has been witnessing significant volatility with foreign portfolio investors (FPIs) going on a selling spree amid tightening monetary policy actions to address rising inflation and geopolitical tensions.

Jun 19, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Digital assets: End of the crypto craze? Indian investors wary as mega sell-off continues

As foreign portfolio investors continue to pull out money from the Indian equity market, the sell-off in the crypto market and the digital asset space has also accelerated in the wake of global economic meltdown.

Jun 18, 2022

Stock Markets: Sensex, Nifty settle sharply low on Friday as recession fears grip investors

Domestic equity benchmark indices declined as the day progressed and settled sharply lower on Friday as investors evidently feared a looming recession.

Jun 18, 2022

Another Pure electric vehicle (EV) e-scooter catches fire, this time in Gujarat

As the electric vehicle (EV) industry awaits new government quality-centric guidelines, another e-scooter belonging to Pure EV went into flames in Gujarat.

Jun 17, 2022

London Stock Exchange in London, Britain

Global markets plunge again amid interest rate hikes, fuel recession fears

The global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising interest rates and slowing growth could combine to tip the world into recession.

Jun 17, 2022

US Fed makes rate hike of 0.75 percentage points, highest since 1994

To tame the inflation that is at its highest in 40 years, the US Federal Reserve raised the interest rate by 0.75 percentage points, the biggest since 1994

Jun 16, 2022

Inflation rate: Wholesale inflation hits record high in May at 15.88%

India's wholesale inflation gauged by the Wholesale Price Index, with base year as 2011-12, rose to a record high of 15.88 per cent in May 2022 from 15.08 per cent in April, official data revealed on Tuesday.

Jun 14, 2022

Crypto lender Celsius blocks withdrawals as digital coins crash

Crypto lending platform Celsius announced on Monday that it is pausing all withdrawals citing "extreme market conditions", media reports said.

Jun 14, 2022

Crypto Crash: BlockFi, Crypto.com lay off hundreds as digital coins crash

Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees after the global crypto market was battered owing to a "dramatic shift" in macro-economic conditions.

Jun 14, 2022

Stock Markets: Sensex, Nifty open negative but enter green zone after opening hour

Sensex was slightly up at 52,940.36 or 93.66 (0.18%) in the opening hour and Nifty too gained marginally to 15,805.10 or 30.70 (0.19%) points up.

Jun 14, 2022

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Business news

SoftBank Group International CEO "Michel Combes" quits in just 5 months, Alex Clavel replacing him

RBI extends timeline for compliance of some credit and debit card business directions

IDBI Bank to sell property owned by Great Indian Tamasha Company; calls for bids [details]

Cryptocurrency: Bitcoin surges past $20K, Ethereum crosses $1,100 per coin

Before Stock Markets Open: Optimism high on recovery of Sensex this week

Shock-absorbing capabilities of Indian retail investors is the silver lining

Digital assets: End of the crypto craze? Indian investors wary as mega sell-off continues

Stock Markets: Sensex, Nifty settle sharply low on Friday as recession fears grip investors

Another Pure electric vehicle (EV) e-scooter catches fire, this time in Gujarat

Global markets plunge again amid interest rate hikes, fuel recession fears

US Fed makes rate hike of 0.75 percentage points, highest since 1994

Inflation rate: Wholesale inflation hits record high in May at 15.88%

Crypto lender Celsius blocks withdrawals as digital coins crash

Crypto Crash: BlockFi, Crypto.com lay off hundreds as digital coins crash

Stock Markets: Sensex, Nifty open negative but enter green zone after opening hour

Aryan Khan's arrest was a message; Naseeruddin Shah talks about hatred towards Muslims [details]

Vishal Mohan about working with Arbaaz Khan: "He is chilled out, but serious when it comes to work" [Exclusive]

Terror victim Deepu's pregnant wife carries bullets-ridden husband's body from Anantnag to Udhampur