Business news

Once-surging crypto stocks face delisting: Is bitcoin mania over?

With bitcoin prices on a decline, the fun seems to be coming to an end for many of the stocks, which have lost steam in recent months.

Apr 12, 2018

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Gold price touches one-week high amid geopolitical tensions

Geopolitical tensions and the US inflation data had an impact on traders' sentiments, resulting in an increase in the demand for the safe-haven metal in the global market.

Apr 11, 2018

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China opens up auto, financial sectors as Trump tariff war shows results

With the current move, foreign financial institutions will get the chance to compete with domestic players in market whose size is estimated at $40 trillion.

Apr 11, 2018

Zuckerberg comes out way too smart for tech illiterate US senators

The 33-year-old billionaire repeatedly apologized for a range of problems that surrounded Facebook during nearly five hours of questioning by 44 US senators.

Apr 11, 2018

Out of favor Bitcoin finds another critic: The World Bank

The World Bank has cautioned the banking sector against Bitcoin business saying it is "dangerous" to the global financial system.

Apr 11, 2018

Amazon wooing Flipkart with $2 bn breakup fee to fend off Walmart?

Amazon has held early exploratory talks to buy Flipkart even as the latter closes in on a sale to Walmart.

Apr 11, 2018

Cryptojacking surges 4000%: Is someone using your phone to mine cryptocurrency?

The emergence of a multitude of new cryptocurrencies that can be mined by average computers has contributed to the widespread abuse of currencies.

Apr 10, 2018

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Go gold: 3 gold investment schemes backed by Indian government in 2018

There's no better way of investing in gold than through the government-backed methods. Know more about Gold Monetization Scheme, Sovereign Gold Bonds Scheme, and Indian Gold Coin.

Apr 10, 2018

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Looking for best stock market bets, watch Indian shoppers

Analysts are bullish on consumer staples and branded goods as the government starts to spend more in villages to boost farm incomes before next year's elections.

Apr 10, 2018

Which is the world's busiest airport? Delhi's IGI among top 20

According to the Airports Council International (ACI), close to 104 million passengers passed through the Hartsfield-Jackson Atlanta International Airport in 2017.

Apr 10, 2018

ICICI Bank-Videocon loan controversy: Chanda Kochhar's fate now rests with RBI

Chanda Kochhar, the MD and CEO of ICICI Bank, is facing allegations of nepotism and corruption over loans granted to Venugopal Dhoot-led Videocon Industries.

Apr 10, 2018

Axis Bank's CEO to step down early: Is RBI behind the decision?

The lender's board had decided to re-appoint Sharma for a period of 3 years, however, she requested to revise her term from June 1 up to December 31.

Apr 10, 2018

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Decent debut for Lemon Tree Hotels: Shares close 29 percent higher

Shares of Lemon Tree Hotels made a strong debut on the exchanges on Monday with a premium of 10 percent.

Apr 9, 2018

Xiaomi sets up new manufacturing units in India

Xiaomi rides the Make in India wave: To create 50,000 jobs

Xiaomi has set up three new smartphone manufacturing units in Tamil Nadu and Andhra Pradesh, along with company's first Surface Mount Technology (SMT) plant in Chennai.

Apr 9, 2018

While India is buying planes by hundreds, China is creating an industry

India's aviation market is expected to surpass that of China in the next 10 to 15 years, but there's little done in terms of setting up indigenous manufacturing units to meet the burgeoning demand.

Apr 9, 2018