Wednesday, 30 April 2025

Karnataka High Court extends deadline for Rapido, Ola, and Uber to stop operation of their bike taxis till June 15  

The aggregators pointed out to the court that their representation given State government for framing of policy allowing the operation of bike taxis is pending consideration before the authorities

from Business News Today, Latest Finance News | The Hindu

India, U.S. looking for 'early mutual wins' before concluding first phase of trade pact

India is seeking duty concessions for labour-intensive sectors like textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, chemicals, grapes and bananas in the proposed pact with America

from Business News Today, Latest Finance News | The Hindu

Women’s concerns at a coal site in Odisha

In Mahanadi Coal Field Ltd. (MCL), Basundhara, Sundargarh district of Odisha, women face manifold challenges in everyday life as a consequence of mining, including the emotional cost of relocation, increased drudgery, loss of livelihood and domestic violence

from Business News Today, Latest Finance News | The Hindu

Tuesday, 29 April 2025

‘IMEC will work if India, Europe together keep agri sector out’



from Business News Today, Latest Finance News | The Hindu

IIP grows 3% as electricity, manufacturing output surge

Electricity production surged 2.7 percentage points to 6.3% in March as summer spikes demand; consumer durables and construction see the sharpest increase at 6.6% and 8.8% respectively

from Business News Today, Latest Finance News | The Hindu

Monday, 28 April 2025

IndusInd Bank board to hold key personnel accountable after audit report, confirms “incorrect accounting”

The lender will take a hit of ₹1959.98 crore on profit as estimates by the report, the bank said in its filing.

from Business News Today, Latest Finance News | The Hindu

 ‘Own’ malls, farms, dams, toll plazas via REITs, InVITs

With REITs and InVITs, you can ‘part-own’ major infrastructure projects of the country with just a few hundreds of rupees in your bank account with SEBI keeping a watch over them

from Business News Today, Latest Finance News | The Hindu

Sunday, 27 April 2025

Maldives hospitality firm Atmosphere Core forays into India, to unveil all-women run hotel in Bhopal

Atmosphere Core expands in India and Indian Ocean region with unique hotel experiences, focusing on leisure and scenic locations

from Business News Today, Latest Finance News | The Hindu

Opinion market advocates say it’s a game of skill, face civil society opposition

So-called “opinion trading” firms — allowing users to wager on the outcome of IPL matches, Bitcoin prices, and even YouTube view counts — are advancing an argument that they’re a game of skill, which would protect them against State bans

from Business News Today, Latest Finance News | The Hindu

Saturday, 26 April 2025

RBI imposes ₹1.61 cr. penalty on Indian Bank, ₹63.60 lakh on IOB

In a filing on the penalty, Indian Bank said it has taken necessary preventive actions to avoid recurrence

from Business News Today, Latest Finance News | The Hindu

India Cements Q4 profit at ₹14.68 crore, revenue down 3.1% to ₹1,197.3 crore

Total expenses of India Cements were at ₹1,313.2 crore, down marginally in the March quarter

from Business News Today, Latest Finance News | The Hindu

Odisha targets to triple steel production by 2030, says CM Mohan Majhi

The State is planning to auction 22 mines to attract fresh investment, said Mohan Charan Majhi, Chief Minister of Odisha during this visit to Mumbai.

from Business News Today, Latest Finance News | The Hindu

HDFC Securities honours The Hindu journalist



from Business News Today, Latest Finance News | The Hindu

Friday, 25 April 2025

Google-parent Alphabet quarterly earnings lifted by cloud and AI

Google parent Alphabet on Thursday reported profit of $34.5 billion in the recently ended quarter

from Business News Today, Latest Finance News | The Hindu

Google’s expanding AI ambitions in India clash with global antitrust scrutiny

Google is aggressively integrating generative AI into its advertising ecosystem in India as the company faces mounting pressure in the U.S. over its dominance in the online advertising sector

from Business News Today, Latest Finance News | The Hindu

ACC Q4 profit declines 20.4% to ₹751 crore, revenue up 12.7% to ₹5,991 crore

The company had posted a profit of ₹943.39 crore in the year-ago period, according to a regulatory filing from ACC, which is now a part of Adani Cement.

from Business News Today, Latest Finance News | The Hindu

Thursday, 24 April 2025

Aurobindo Pharma arm gets U.S. FDA nod for generic of BMS’ cancer drug

Aurobindo Pharma’s Eugia Pharma has been approved the U.S. FDA to manufacture Dasatinib Tablets, a bioequivalent to Bristol-Myers Squibb’s Sprycel

from Business News Today, Latest Finance News | The Hindu

Stock markets decline in early trade after 7-day rally

The 30-share BSE benchmark declined 242.01 points to 79,874.48 in early trade

from Business News Today, Latest Finance News | The Hindu

Rupee falls 22 paise to 85.67 against U.S. dollar in early trade

Forex traders said heightened geopolitical tensions, following a terror attack in Pahalgam, Jammu & Kashmir weighed on market sentiment.

from Business News Today, Latest Finance News | The Hindu

U.S. tariffs could shave up to half a percentage point off India GDP, says Finance Secretary

He added that he expected potential growth rate of around 7% could be achieved over the next decade

from Business News Today, Latest Finance News | The Hindu

Wednesday, 23 April 2025

Pahalgam terror attack: Take swift action to facilitate evacuation of stranded tourists, DGCA tells airlines

Government asks airlines to ensure no surge in Srinagar airfares; airlines to operate additional flights

from Business News Today, Latest Finance News | The Hindu

Donald Trump signals China tariffs will come down, says he won’t fire Fed chief

The U.S. President acknowledged that the 145% tariff on China was a “very high” level, and that this would “come down substantially”

from Business News Today, Latest Finance News | The Hindu

Sensex reclaims 80,000-level on global markets rally, foreign fund inflows

Investors optimistic as blue-chip IT stocks boost Sensex and Nifty, with HCL Tech leading gains; global markets rally

from Business News Today, Latest Finance News | The Hindu

Tuesday, 22 April 2025

Tata Motors signs PPA to secure 131 MW green energy for 6 plants in Maharashtra, Gujarat

This is part of Tata Motors’ sustainability roadmap which is aligned with its broader ambition to achieve net-zero emissions and lead the shift towards environmentally responsible manufacturing

from Business News Today, Latest Finance News | The Hindu

Core sector output rises 3.8% on early summer demand for power

While the monthly growth reflected an uptrend, the core sector output grew at 4.4% in fiscal 2025, down from the 7.6% in the previous fiscal, the slowest in four years. Growth of output in almost all sectors slowed with two of them , crude oil and natural gas shrinking. 

from Business News Today, Latest Finance News | The Hindu

Monday, 21 April 2025

Cautious narrative, sobering outlook: Top IT companies’ results trail expectations amid tariff woes

India's top-rung IT services companies TCS, Infosys and Wipro disappointed with their March quarter and full year FY25 scorecards on multiple counts

from Business News Today, Latest Finance News | The Hindu

Relevance of Sec. 80C

Investments are not just for tax savings, but for inherent value

from Business News Today, Latest Finance News | The Hindu

Is it possible to withdraw your NPS corpus?

Now that the no-tax limit under NTR has been increased to ₹12,75,000 (including Standard Deduction), is it possible to withdraw corpus from NPS? What are the rules for withdrawal?

from Business News Today, Latest Finance News | The Hindu

Sunday, 20 April 2025

Sebi finds no manufacturing at Gensol’s Pune EV plant, only 2-3 labourers

During a site visit to the facility on April 9, an NSE official found only two to three labourers present

from Business News Today, Latest Finance News | The Hindu

BluSmart allegations will erode investor trust, warns former BSE chairman Sethurathnam Ravi

S. Ravi warned that such actions could shake the confidence of investors in the new ventures and tarnish the credibility of even the well-established start-ups

from Business News Today, Latest Finance News | The Hindu

Sify Technologies reports Q4 net loss at ₹57.8 crore

Sify Technologies reports ₹57.8 crore net loss for March 2025 quarter, focusing on cost efficiency and future investments

from Business News Today, Latest Finance News | The Hindu

Saturday, 19 April 2025

ICICI Pru Life receives ₹3.67 cr tax order from GST authorities

The order includes GST liability of over ₹1.83 crore and penalty of an equal amount

from Business News Today, Latest Finance News | The Hindu

FY25 India pharma exports cross $30 billion, surge 31% in March

A key component of India’s trade basket, exports rose more than 9% to touch $30 billion for the first time; pharmaceuticals did not figure in the 26% U.S. tariffs, now on hold for 90 days

from Business News Today, Latest Finance News | The Hindu

Thursday, 17 April 2025

Why are women missing from the factory floors in India? | Data

Women in India are mostly concentrated in the informal sector, which is low paying and offers a poor standard of working

from Business News Today, Latest Finance News | The Hindu

SEBI issues stern interim order against BluSmart-linked Gensol promoters, says used firm like personal piggy bank

At the core of SEBI's findings is an alarming pattern of fund diversion by Gensol's promoters — Anmol Singh Jaggi and Puneet Singh Jaggi — pointing to governance failures within the company

from Business News Today, Latest Finance News | The Hindu

Shaping a response to the U.S.’s reciprocal tariffs

New Delhi’s approach must be multi-pronged, keeping in mind that increasing imports from the U.S. will reduce the tariff rate on India

from Business News Today, Latest Finance News | The Hindu

Wednesday, 16 April 2025

Belagavi milk union records ₹13.2 crore profit

It is unprecedented, says BEMUL Chairman Balachandra Jarkiholi

from Business News Today, Latest Finance News | The Hindu

Karnataka Gig Workers Bill: What stayed and what changed

Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill, 2024, if passed, would make the State the second in the country to introduce a legislation for the welfare of platform-based gig workers after Rajasthan. 

from Business News Today, Latest Finance News | The Hindu

Karnataka Gig Workers Bill: What stayed and what changed

Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill, 2024, if passed, would make the State the second in the country to introduce a legislation for the welfare of platform-based gig workers after Rajasthan. 

from Business News Today, Latest Finance News | The Hindu

NITI Aayog sees bright future for India in power and hand tools export

The report noted that there is a transformative potential of hand and power tools industry for the country’s economic growth

from Business News Today, Latest Finance News | The Hindu

Tuesday, 15 April 2025

How is RBI proposing to streamline rules of lending against gold?  

The RBI, in the past, has flagged concerns relating to improper valuation of gold being kept as collateral and lack of transparency in norms and procedures 

from Business News Today, Latest Finance News | The Hindu

Rupee surges 39 paise to 85.71 against U.S. dollar in early trade

At the interbank foreign exchange, the domestic unit opened strong at 85.85 and gained further to trade at 85.71 against the greenback in initial deals, 39 paise higher from the previous closing level

from Business News Today, Latest Finance News | The Hindu

Meta CEO Mark Zuckerberg testifies at landmark U.S. antitrust trial over WhatsApp, Instagram takeovers

Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which Meta stands accused of abusing its market power to acquire Instagram and WhatsApp

from Business News Today, Latest Finance News | The Hindu

Monday, 14 April 2025

Rupee cost averaging for NRIs



from Business News Today, Latest Finance News | The Hindu

Opting for no-cost EMI to buy consumer durables

No-cost EMIs are quite helpful for individuals who need to make necessary high-ticket purchases like gadgets and can’t afford upfront payment but they must be aware of pitfalls

from Business News Today, Latest Finance News | The Hindu

FPIs have withdrawn ₹31,575 crore from equities in April over tariff fears

According to the data, FPIs pulled out ₹31,575 crore from Indian equities between April 1 and April 11; total withdrawn by FPIs has reached ₹1.48 lakh crore in 2025

from Business News Today, Latest Finance News | The Hindu

Sunday, 13 April 2025

India's iPhone, smartphone exports to U.S. have 20% tariff edge over China after exemption: Industry

The U.S. government amended its tariff order to exempt smartphones, tablets, laptops, and some other electronic devices from the new taxes.

from Business News Today, Latest Finance News | The Hindu

Business jet owners wrestle with Mumbai airport over eviction notice

Mumbai airport asks them to shift, imposes ₹20 crore parking fee; BAOA says parking is an aeronautical service determined by the tariff regulator

from Business News Today, Latest Finance News | The Hindu

Aurobindo Pharma’s Rivaroxaban Tablets get U.S FDA nod

The approved product is bioequivalent and therapeutically equivalent to the reference listed drug Xarelto 2.5 mg of Janssen Pharmaceuticals Inc

from Business News Today, Latest Finance News | The Hindu

UPI services restored, monitoring situation closely: NPCI

The outage was first observed around 11:30 a.m. today before it peaked heading into noon.

from Business News Today, Latest Finance News | The Hindu

Saturday, 12 April 2025

Nifty rises 1.92% after Trump pauses tariffs 



from Business News Today, Latest Finance News | The Hindu

Lulu Mall takes over Manjeera Mall in Hyderabad’s Kukatpally

The Lulu Mall started its business operations from Manjeera Mall on a lease basis

from Business News Today, Latest Finance News | The Hindu

Equity MF inflows sink to an 11-month low amid volatility

Notable decline seen in sectoral and thematic mutual funds, where net inflows fell 97% to ₹170 cr. in March, the steepest since June 2023; contributing SIP accounts dipped to 8.11 crore in March

from Business News Today, Latest Finance News | The Hindu

Friday, 11 April 2025

Trump tariffs LIVE: Stock markets in Asia sink as U.S.-China continue trade war

Donald Trump’s escalating trade war with the world’s No. 2 economy, China, has fuelled fears of recession and further retaliation

from Business News Today, Latest Finance News | The Hindu

Amazon CEO sets out AI investment mission in annual shareholder letter

Amazon chief executive Andy Jassy on Thursday justified the company's billions of dollars in outlays for artificial intelligence development

from Business News Today, Latest Finance News | The Hindu

Asian shares sink, with Japan’s Nikkei down 5.6% as China-U.S. trade war escalates

South Korea's Kospi fell 1.6% to 2,400.34, while in Australia, the S&P/ASX 200 shed 2.1% to 7,552.10.

from Business News Today, Latest Finance News | The Hindu

Thursday, 10 April 2025

Tourism Minister hardsells A.P. as right destination for investments

Tourism Minister Kandula Durgesh met representatives of the hotel groups like Marriot, IHG Group, Hilton, Lemon Tree, Blackstone, Ambuja and Suba Hotels

from Business News Today, Latest Finance News | The Hindu

What purpose would increasing transaction limits on UPI serve?  

In an announcement relating to developmental and regulatory policies on Monday, RBI proposed that NPCI engage with banks and other relevant stakeholders of the UPI ecosystem to revise such limits based on “evolving user needs”.

from Business News Today, Latest Finance News | The Hindu

Dow surges 2,600 as U.S. stocks soar in relief after Trump pauses some of his tariffs

Huge swings have become routine for financial markets worldwide recently, not just day to day but hour to hour, as investors struggle to game out what Trump's trade war will do to the economy.

from Business News Today, Latest Finance News | The Hindu

Wednesday, 9 April 2025

Trump’s global tariffs LIVE: Asian markets slump as sweeping U.S. tariffs take effect today

China has warned of countermeasures following Donald Trump’s threat to increase tariffs beyond the already staggering 104% imposed on Chinese goods.

from Business News Today, Latest Finance News | The Hindu

IMF reaches preliminary deal with Argentina on $20 billion bailout

The agreement (with Argentina) builds on the authorities’ impressive early progress in stabilizing the economy,” the IMF

from Business News Today, Latest Finance News | The Hindu

IOC to invest ₹61,000 crore in mega petchem project in Odisha

IOC has signed a memorandum of understanding with the Odisha government at the State's investor meet, committing to invest ₹61,077 crore in the complex.

from Business News Today, Latest Finance News | The Hindu

New U.S. tariffs on China to hit 104% on April 9: White House

Donald Trump had vowed a further 50% tariff on goods from China if Beijing did not retract upcoming retaliation

from Business News Today, Latest Finance News | The Hindu

Tuesday, 8 April 2025

Taking stock of only Black Mondays? time to ponder

Though these out-of-the-blue ‘Black Swan’ events remained in grey area in the minds of financial experts before they actually happened, the impact they caused was massive and events that unfolded thereafter left an indelible mark on history

from Business News Today, Latest Finance News | The Hindu

Historical stock market crashes of India

The worst days in Dalal Street have been triggered both because of internal factors (such as unearthing of scams and election results) to after-affects of global currents

from Business News Today, Latest Finance News | The Hindu

Monday, 7 April 2025

Past imperfect, future uncertain

It will be optimal to take investment decisions based on information now available and not on past outcomes; be mindful that both skill and luck are important for investment success

from Business News Today, Latest Finance News | The Hindu

No tax on up to ₹12 lakh income but why slabs?

As per Union Budget 2025, there will be no I-T on income up to ₹12 lakh a year under New Tax Regime; so, what do the slabs with an interval of ₹4 lakh in each income range category convey?

from Business News Today, Latest Finance News | The Hindu

Gold, silver scale new heights on U.S. tariffs

Comex gold posted an impressive 10.1% gain in March to end the month at $3,157.40. Comex silver, too, regained its sheen and posted a 9.65% gain to settle at $34.76 an ounce, by the end of March

from Business News Today, Latest Finance News | The Hindu

Sunday, 6 April 2025

RBI likely to cut interest rates by 25 bps on April 9: Experts

The recent announcements of liquidity injections are likely intended to nudge a faster transmission of rates, said ICRA

from Business News Today, Latest Finance News | The Hindu

FPIs pulled out ₹10,355 crore from equities in last four trading sessions on U.S. tariffs

“The outflow occurred after a net investment of ₹30,927 crore in the six trading sessions from March 21 to March 28,” according to data from the depositories

from Business News Today, Latest Finance News | The Hindu

Tesla's entry will help grow EV market in India, not worried about competition: BMW

In February, Tesla opened recruitments for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company’s entry into the country

from Business News Today, Latest Finance News | The Hindu

Boost financial regulators’ autonomy: IMF-World Bank

Current laws allow government to control senior managements and boards of regulators, says IMF-World Bank report, suggesting transfer of appellate authority power from MoF to an independent agency

from Business News Today, Latest Finance News | The Hindu

Saturday, 5 April 2025

Delhivery to acquire controlling stake in Ecom Express for ₹1,400 crore



from Business News Today, Latest Finance News | The Hindu

PM Modi says Cabinet nod for Railway projects will improve connectivity infrastructure

PM Modi was reacting to the Union Cabinet’s approval for four projects of the Ministry of Railways involving a total cost of about ₹18,658 crore.

from Business News Today, Latest Finance News | The Hindu

Meta plans nearly $1 billion data center project in Wisconsin: Report

Meta Platforms is planning on spending nearly $1 billion on setting up a data centre project in central Wisconsin as part of its investment in artificial intelligence technology, Bloomberg News reported

from Business News Today, Latest Finance News | The Hindu

Companies defend India’s startup proposition after Piyush Goyal’s jibe stirs debate

Indian entrepreneurs unite to defend startup ecosystem against criticism, emphasizing the need for local champions and innovation support.

from Business News Today, Latest Finance News | The Hindu

Friday, 4 April 2025

PwC suggests IDEA framework for Indian companies to navigate U.S. tariff uncertainties

According to PwC report, the evolving U.S. trade policies, including tariff realignments and other measures, require Indian businesses to develop a long-term resilience strategy

from Business News Today, Latest Finance News | The Hindu

 SBI online services suffers outage

The bank had informed users about the scheduled outage on X a few hours ago

from Business News Today, Latest Finance News | The Hindu

Thursday, 3 April 2025

Coming up from April 1, 2025: New rules for mutual funds allotment, UPI and GST invoicing

Whilst the regulations relating to GST invoicing, mutual fund allotments and UPI were announced earlier this year or late last year, they are either being rolled out in phases or house a sunset clause taking effect from April 1.  

from Business News Today, Latest Finance News | The Hindu

Shrinking U.S. risk premium to divert more cash into Europe

U.S./German bond yield gap narrows as fiscal policies shift, attracting more cash to Europe, impacting trade balances and corporate profits.

from Business News Today, Latest Finance News | The Hindu

Wednesday, 2 April 2025

Visa bids $100 million to replace Mastercard as Apple's new credit card partner: Report

Visa has offered Apple roughly $100 million to take over the tech giant's credit card partnership from Mastercard, the Wall Street Journal reported on Tuesday

from Business News Today, Latest Finance News | The Hindu

Union Shipping Minister says Coastal Shipping Bill will unlock India’s maritime potential

Opposition members question the Bill’s impact on fishermen and the role of States in coastal shipping governance

from Business News Today, Latest Finance News | The Hindu

Gross GST Collections up 10% in March 2025

Net GST increased 7.3% to ₹1.76 lakh crore in the month under review as against ₹1.64 lakh crore in the year ago period.

from Business News Today, Latest Finance News | The Hindu

Tuesday, 1 April 2025

Gold hits all-time high as Donald Trump’s tariff plans stir inflation worries

Gold prices surge to record high amid inflation fears over Trump’s tariffs, driving safe-haven demand and bullish market sentiment.

from Business News Today, Latest Finance News | The Hindu

Why efficient air conditioners must be a national priority for India

Even with many new thermal and hydro plants under construction, India faces a projected shortfall in firm capacity as early as 2026—just one summer away; the most immediate and cost-effective solution lies in improving the energy efficiency of air conditioners

from Business News Today, Latest Finance News | The Hindu

Explained: What is GST e-invoicing? What’s changed from April 1, 2025?

From April 1, 2025, business houses must comply with new rules on GST e-invoices, and it becomes mandatory to upload e-invoices within 30 days from the date of document

from Business News Today, Latest Finance News | The Hindu

S&P 500, Nasdaq slip as investors await major tariff news

Stocks fall as investors await Trump’s tariff plans, with tech stocks hit hardest, signaling potential economic downturn.

from Business News Today, Latest Finance News | The Hindu