Saturday, 31 May 2025

AI’s Unchecked Ascent: How Big Tech is outpacing the regulatory rulebook

Is regulation acting as a necessary brake on potential excesses, or is it little more than an irksome speed bump on the road to AI dominance?

from Business News Today, Latest Finance News | The Hindu

Bengaluru witnesses 11.2% YoY growth in premium residential realty market: Report

Premium home launches increased by 16.3% year on year to 94,126 units in 2024

from Business News Today, Latest Finance News | The Hindu

Trump says he plans to double steel tariffs to 50%

In February Donald Trump raised steel and aluminium tariffs to a flat 25% "without exceptions or exemptions" in one of his first moves to aid the struggling industries

from Business News Today, Latest Finance News | The Hindu

Additional instalment of tax devolution to be released to States on June 2: Finance Ministry

This release is in addition to the regular monthly instalment of tax devolution of ₹81,735 crore, which will be released on June 10, 2025

from Business News Today, Latest Finance News | The Hindu

Thursday, 29 May 2025

Rupee declines 7 paise to 85.45 against U.S. dollar in early trade

The local unit was weighed down by higher crude oil prices overseas and disappointing domestic data on industrial output for April.

from Business News Today, Latest Finance News | The Hindu

Trump tells U.S. chip design software makers to halt China sales: Report

President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported

from Business News Today, Latest Finance News | The Hindu

Nvidia discloses more China risks, but CEO Jensen Huang praises Trump

Even as Nvidia reported another blockbuster quarter of 69% sales growth on Wednesday, the maker of artificial intelligence chips warned of more risks to its business

from Business News Today, Latest Finance News | The Hindu

Examining the RBI’s remittances survey

The profile of migrants has shifted towards higher-skilled occupations. Transaction sizes have also become more concentrated at the upper end

from Business News Today, Latest Finance News | The Hindu

Wednesday, 28 May 2025

Sensex, Nifty drop in early trade dragged by ITC stake sale reports

From the Sensex firms, ITC, IndusInd Bank, Nestle, Titan, Kotak Mahindra Bank, Mahindra & Mahindra, Reliance Industries and Maruti were among the laggards

from Business News Today, Latest Finance News | The Hindu

Elon Musk's Neuralink raises fresh cash at $9 billion valuation: Report

Elon Musk's brain implant company Neuralink raised $600 million in a deal that values the company at $9 billion before the new cash, Semafor reported

from Business News Today, Latest Finance News | The Hindu

Tuesday, 27 May 2025

Sensex drops 460 points in early trade

After two days of rally the Sensex and Nifty were dragged by IT stocks

from Business News Today, Latest Finance News | The Hindu

Rupee declines 19 paise in early trade

Forex traders said though receding crude oil prices supported the local unit, investors stayed cautious ahead of the release of industrial and manufacturing production data for April

from Business News Today, Latest Finance News | The Hindu

Amazon aims to reach 2 lakh women through menstrual hygiene programme by 2025

The sanitary napkin production units have a combined production capacity of 1,200 biodegradable sanitary napkins per hour

from Business News Today, Latest Finance News | The Hindu

Monday, 26 May 2025

Rupee jumps 40 paise in early trade

According to forex traders, Inflow of foreign funds and the RBI’s announcement of giving a record dividend to the government for FY25 also added strength to the rupee

from Business News Today, Latest Finance News | The Hindu

Equity to passion assets

Passion assets are illiquid and need long holding period to earn sizeable returns; it is best to ‘invest’ in collectibles that are rare; passion assets are valuable when you have a themed collection

from Business News Today, Latest Finance News | The Hindu

Avoid costly mistakes in retirement plans

Crucial retirement planning tips to avoid common errors and ensure a secure financial future post-retirement

from Business News Today, Latest Finance News | The Hindu

What short selling is all about in stock markets

For beginners, the concept of shorting can be extremely risky if the stock is liquid, as it would be very difficult to square-off positions, forcing them to pay heavy penalties

from Business News Today, Latest Finance News | The Hindu

Sunday, 25 May 2025

How will land ports closure impact the region? | Explained

How will it affect Bangladesh’s readymade garments sector? What about other sectors like agriculture? What are the exceptions to the May 17 order? Why has the northeast been dragged into the tussle between India and Bangladesh? Will it affect other countries in the region?

from Business News Today, Latest Finance News | The Hindu

PLI scheme for 11 pharma products rolled out

Neomycin, Gentamycin, Erythromycin, Streptomycin, Tetracycline, Ciprofloxacin and Diclofenac Sodium figure in the list

from Business News Today, Latest Finance News | The Hindu

Piyush Goyal meets EU counterpart for second time in a month on FTA talks

Mr. Goyal travelled to Brussels on May 23 from Washington, while India's chief negotiator L Satya Srinivas and his team are already at the EU headquarters for the FTA negotiations.

from Business News Today, Latest Finance News | The Hindu

Saturday, 24 May 2025

U.S. FDA issues two observations to Dr. Reddy’s API plant in Telangana 



from Business News Today, Latest Finance News | The Hindu

Government ratifies employees’ provident fund interest rate at 8.25% for FY25

This decision was taken at the 237th meeting of the Central Board of Trustees of the EPFO, chaired by Union Minister for Labour & Employment Mansukh Mandaviya on February 28

from Business News Today, Latest Finance News | The Hindu

DRT directs Gensol to maintain status quo on its secured assets, vehicles

IREDA moved an original application before the DRT against Gensol Engineering seeking to recover over ₹510 crore; it also moved an application against Gensol EV Lease Ltd seeking to recover over ₹218 crore

from Business News Today, Latest Finance News | The Hindu

Sundaram Finance Holdings reports Q4 consolidated PAT of ₹107.12 crore



from Business News Today, Latest Finance News | The Hindu

Friday, 23 May 2025

Rupee falls 15 paise to 86.10 against U.S. dollar in early trade

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.30% at 99.65

from Business News Today, Latest Finance News | The Hindu

May 13 disruption in TN, Kerala highlights pitfalls of telecom growth

Earlier this month, Airtel users lost access to phone calls for several hours across all of Tamil Nadu and Kerala, the largest such disruption in recent times.

from Business News Today, Latest Finance News | The Hindu

HDFC bank opens new currency chest in Madurai



from Business News Today, Latest Finance News | The Hindu

Google’s AI Matryoshka: Rearchitecting the search giant with AI even as privacy concerns loom

The technology behemoth’s recent I/O conference revealed a layered AI strategy, promising immense power but also raising profound questions about data, intellectual property, and user privacy

from Business News Today, Latest Finance News | The Hindu

Thursday, 22 May 2025

Bitcoin rises to new record high, eclipses January top

The price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January

from Business News Today, Latest Finance News | The Hindu

India stands well-positioned to navigate ongoing global headwinds: RBI Bulletin

“The escalation of tensions between India and Pakistan rendered financial markets volatile”

from Business News Today, Latest Finance News | The Hindu

IndusInd finds fresh lapses of ₹1,885 crore making Q4 FY25 its worst quarter ever

Wrong classification of loans accumulated over FY25 has hit profit by ₹1,969 crore, while Net Interest Income slumped 43%, and gross Non-Performing Assets rose to 3.13%.

from Business News Today, Latest Finance News | The Hindu

Wednesday, 21 May 2025

Tuesday, 20 May 2025

The ongoing oil price tensions

Global oil demand is approaching a plateau, with the International Energy Agency expecting it to grow only by 0.73% in 2025 despite sharply lower prices. The ‘peak demand’ theory does not appear as outlandish now as it did two years ago when the Agency predicted that global oil consumption would peak before 2030

from Business News Today, Latest Finance News | The Hindu

Centre opposes Turkish firm Celebi’s plea against revoking of security clearance

Delhi High Court hears plea by Turkish firm and affiliate; Solicitor General says sensitive operations cannot be risked under current circumstances

from Business News Today, Latest Finance News | The Hindu

NSDL files prospectus for smaller IPO

The National Securities and Depositories Limited had filed its draft red herring prospectus in July 2023 for an IPO size of 5.7 crore equity shares

from Business News Today, Latest Finance News | The Hindu

Monday, 19 May 2025

Nvidia's Jensen Huang set to showcase latest AI tech at Taiwan's Computex

Nvidia chief executive Jensen Huang is set to open the Computex trade show in Taiwan on Monday

from Business News Today, Latest Finance News | The Hindu

Managed ETF portfolios

If your entry/exit are frequent and not well-timed, your returns could suffer despite the the Managed ETF portfolio manager performing well. It is crucial important that the manager considers style/ sector universe

from Business News Today, Latest Finance News | The Hindu

How to lock in health cover gains

Lock in your health insurance premium for 5 years, save up to 18%, and ensure continuous coverage hassle-free

from Business News Today, Latest Finance News | The Hindu

Futures & Options: jackpots or ticking time bombs?

As Buffett said, ‘Derivatives are like hell; it’s easy to enter and almost impossible to exit.” Retail investors must stay away unless they are armed with sufficient knowledge and can take huge risks

from Business News Today, Latest Finance News | The Hindu

Sunday, 18 May 2025

IMF imposes 11 new conditions on Pakistan, warns it against risks to bailout programme: Report

The Express Tribune report said that the IMF slapped 11 more conditions on Pakistan, taking the total conditions to 50.

from Business News Today, Latest Finance News | The Hindu

U.S. remittance tax plan may hit Indian households, rupee: GTRI

It targets international money transfers made by non-U.S. citizens, including green card holders and temporary visa workers like those on H-1B or H-2A visas. The proposed levy will not be applicable to U.S. citizens

from Business News Today, Latest Finance News | The Hindu

DPIIT inks pact with GEAPP to support climate-tech startups

As part of the MoU, GEAPP will launch the Energy Transitions Innovation Challenge (ENTICE), a competitive platform offering up to $500,000 in rewards for high-impact solutions, it said.

from Business News Today, Latest Finance News | The Hindu

Dr Reddy's gets two observations from USFDA for New York API plant

The U.S. Food and Drug Administration completed a Good Manufacturing Practice (GMP) inspection at the company's API (active pharmaceutical ingredients) Middleburgh facility in New York, Dr Reddy's said in a regulatory filing

from Business News Today, Latest Finance News | The Hindu

Saturday, 17 May 2025

Gensol CFO Jabirmahendi Mohammedraza Aga quits, amid ongoing investigations

In his resignation letter dated May 16, the Chief Financial Officer noted that the Company is currently facing significant challenges, with multiple regulatory bodies conducting investigations

from Business News Today, Latest Finance News | The Hindu

The AI arms race gets personal

The U.S. ditches Biden-era rules in favour of bespoke alliances on AI

from Business News Today, Latest Finance News | The Hindu

Mumbai airport ropes in Indo Thai Airport Services for ground handling works

“All ground handling equipment currently owned by Celebi NAS will be leased by Indo Thai Airport Services, in order to maintain continuity of service,” the statement by Mumbai International Airport Limited said

from Business News Today, Latest Finance News | The Hindu

Lovely Professional University terminates all MoUs with Türkiye and Azerbaijan

University ends collaborations citing geopolitical concerns amid Indo-Pak tensions

from Business News Today, Latest Finance News | The Hindu

Friday, 16 May 2025

‘Trump rhetoric won’t harm Apple’s India manufacturing’

There is no alarm over the U.S. President’s remarks “we don’t want you building in India” to CEO Tim Cook, as manufacturing commitments for India and the U.S. are different, say officials here

from Business News Today, Latest Finance News | The Hindu

Thursday, 15 May 2025

Tata AutoComp, Katcon Global set up JV in Mexico to produce components

The JV will specialise in lightweight applications for passenger and commercial vehicles, agricultural tractors, off-road vehicles, and specialized non-automotive segments.

from Business News Today, Latest Finance News | The Hindu

IMF disburses $1.023 billion tranche to Pakistan

The disbursement of the second tranche comes amid IMF’s virtual discussions on Pakistan’s upcoming Budget, as the visit of its mission to Islamabad had been delayed due to security concerns in the region

from Business News Today, Latest Finance News | The Hindu

Discover native mango varieties in Chennai

For the third consecutive year, the mango season across Tamil Nadu has been severely affected by unseasonal rains due to climate change. Worry not though, as sweet, organic native varieties come to the rescue

from Business News Today, Latest Finance News | The Hindu

Wednesday, 14 May 2025

Ecology is the world’s permanent economy

Acknowledging this principle will lead to a focus on ecological health as the basis for human survival, economic stability and climate resilience

from Business News Today, Latest Finance News | The Hindu

Aditya Birla Capital posts profit of ₹865 crore in Q4

In a separate statement, the company said that overall lending portfolio — NBFC and HFC — grew by 27% year-on-year to ₹1,57,404 crore as of March 31, 2025

from Business News Today, Latest Finance News | The Hindu

Airtel network down across Tamil Nadu



from Business News Today, Latest Finance News | The Hindu

Tuesday, 13 May 2025

More Retail plans ₹2,000-crore IPO in 2026 to aid expansion, reduce debt

The retail chain, which is expanding aggressively, is set to cross 1,100 stores soon and aims to become EBITDA-positive with ₹60 crore profit in FY'26

from Business News Today, Latest Finance News | The Hindu

China's Ant Group to sell 4% stake in India's Paytm for $242 million, term sheet shows

Goldman Sachs India Securities and Citigroup Global Markets India will lead the sale, the term sheet showed

from Business News Today, Latest Finance News | The Hindu

U.S.-China trade agreement a mixed bag for India, say trade experts

While some say it opens up export opportunities in sectors India is strong in, others argue this could lower investment in countries like India

from Business News Today, Latest Finance News | The Hindu

Monday, 12 May 2025

Not easy to diversify investment

To ‘diversify’ investments and suggest holding investments for ‘long term’ is not useful unless there is a workable process to apply such suggestions to achieve goals within timeframe

from Business News Today, Latest Finance News | The Hindu

Ask US



from Business News Today, Latest Finance News | The Hindu

The importance of Small Savings Schemes

There is a possibility of the Small Savings rates getting reduced going forward; from that perspective, if you have the money, it is advisable that you lock-in by June

from Business News Today, Latest Finance News | The Hindu

FPIs continue to invest; inject ₹14,167 cr. in equities in May

Foreign investors show confidence in Indian equity market despite India-Pakistan tensions, driven by global cues and domestic fundamentals

from Business News Today, Latest Finance News | The Hindu

Sunday, 11 May 2025

U.S. firm Vast keen to use Indian rockets for rides to its planned space station

Vast CEO Max Hoat discusses potential collaborations with ISRO for launching commercial space station using Indian rockets

from Business News Today, Latest Finance News | The Hindu

Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier

Saudi Aramco’s Q1 profits drop to $26 billion amid falling oil prices, impacting Saudi Arabia’s ambitious development plans

from Business News Today, Latest Finance News | The Hindu

Govt to hold pre-emption right over oil, gas in national emergency, say draft rules

Government of India shall be the sole judge as to what constitutes a national emergency in respect of mineral oils, and its decision in this respect shall be final, the draft rule said.

from Business News Today, Latest Finance News | The Hindu

What will be impact of India-U.K. trade deal? | Explained

How long was the free trade agreement in the works? When is it expected to be signed and implemented? Which are the sectors likely to benefit apart from textile and automobiles? What are the challenges for agriculture and medium and small enterprises?

from Business News Today, Latest Finance News | The Hindu

Saturday, 10 May 2025

‘India should stop its overdependence on U.S., stay strongly with fast-growing Asian block’

India still remains a complicated and tough destination for investors. It’s much-hyped single window clearance system is like a jungle, says Claude Smadja, an expert in geopolitics and global trade

from Business News Today, Latest Finance News | The Hindu

Global ratings agency upgrades India’s rating due to structural reforms, resilience and high potential growth

India’s long-term rating was raised to BBB from BBB (low), while short-term rating was raised to R-2 (high) from R-2 (middle)

from Business News Today, Latest Finance News | The Hindu

Canara Bank net profit up 33% to ₹5,004 crore



from Business News Today, Latest Finance News | The Hindu

Friday, 9 May 2025

Maharashtra seeks to increase share in divisible tax pool; requests allocation of ₹1,28,231 crore to fund infra projects

Hailing Maharashtra’s fiscal policy, 16th Finance Commission chairman Dr. Arvind Panagariya said, “The State’s finances appear to be in good state with low fiscal deficit and borrowings within the limit of 3% set by the Centre

from Business News Today, Latest Finance News | The Hindu

Rupee falls 30 paise to 85.88 against U.S. dollar in early trade

Geopolitical tensions between India and Pakistan weaken Rupee, increase demand for the U.S. dollar, impacting market sentiment

from Business News Today, Latest Finance News | The Hindu

Sensex, Nifty tumble in early trade amid soaring tensions between India-Pakistan

Extending its previous loss, the BSE Sensex dropped 424.65 points to 79,910.16, while the NSE Nifty fell 144.75 points to 24,129.05 in early trade

from Business News Today, Latest Finance News | The Hindu

FMCG volume growth slows to 5.1% in March quarter; rural markets drive growth while metros drag volume

Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector. The industry reported a volume growth of 6.1% in the March quarter of 2024

from Business News Today, Latest Finance News | The Hindu

Thursday, 8 May 2025

Instacart CEO Fidji Simo to join OpenAI in new leadership role

Instacart CEO Fidji Simo is joining OpenAI as the company's chief of applications

from Business News Today, Latest Finance News | The Hindu

Google partners with Elementl Power on nuclear energy sites as power demand for AI grows

Google is partnering with Elementl Power on three project sites for advanced nuclear energy amid the rapidly growing demand for artificial intelligence, the companies said Wednesday

from Business News Today, Latest Finance News | The Hindu

Google cuts about 200 staff in global business unit: Report

Google on Tuesday cut about 200 jobs across its global business unit, which is responsible for sales and partnerships, The Information reported

from Business News Today, Latest Finance News | The Hindu

Wednesday, 7 May 2025

OpenAI plans to cut Microsoft revenue share after restructuring: Report

OpenAI has agreed to share 20% of its revenue with Microsoft through 2030, the Information reported

from Business News Today, Latest Finance News | The Hindu

MoU signed for cargo movement by barges over inland waterways

A hundred barges will be deployed in a phased manner across national waterways; the MoU between the Inland Waterways Authority of India and Rhenus Logistics targets the movement of over one million tonnes of cargo annually by the end of 2025

from Business News Today, Latest Finance News | The Hindu

Goyal reiterates India will retaliate against carbon tax



from Business News Today, Latest Finance News | The Hindu

Tuesday, 6 May 2025

Markets trade lower in volatile trade ahead of U.S. Federal Reserve’s policy decision

Sensex and Nifty decline amid volatile trends; investors await U.S. Federal Reserve policy decision; India-Pak tensions impact market

from Business News Today, Latest Finance News | The Hindu

Apple will appeal contempt ruling in Epic Games case over App Store

U.S. District Judge Yvonne Gonzalez Rogers said in her decision that Apple willfully failed to comply with a 2021 injunction

from Business News Today, Latest Finance News | The Hindu

OpenAI restructures as public benefit corporation, ditches plan on for-profit control

Sam Altman, OpenAI’s CEO, co-founded the organisation in 2015 with the goal of developing artificial intelligence in a safe and broadly beneficial way

from Business News Today, Latest Finance News | The Hindu

Monday, 5 May 2025

Shaping the port of the future 

The Vizhinjam port is of immense significance to India’s global maritime trade.  Amongst all existing Indian ports, Vizhinjam is the closest to international shipping routes. Many global shipping stakeholders have already appreciated the role the port is going to play in transshipment

from Business News Today, Latest Finance News | The Hindu

After rough start, gold, silver cool off



from Business News Today, Latest Finance News | The Hindu

Insuring rising cost of surgery



from Business News Today, Latest Finance News | The Hindu

Smart credit card usage: 6 costly mistakes to avoid

A credit card can be valuable in building a credit profile, managing cash flow, earning rewards; however, common mistakes such as overspending, missing payments, mismanaging rewards, etc. can turn it into a financial burden.

from Business News Today, Latest Finance News | The Hindu

Sunday, 4 May 2025

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Warren Buffett said he will recommend to Berkshire Hathaway’s board that Vice Chairman Greg Abel should replace him

from Business News Today, Latest Finance News | The Hindu

Petrol, diesel demand rises in April as summer fuels consumption

Diesel saw just 2% growth in demand in fiscal year ended March 31, 2024 and no growth at all in the preceding financial year

from Business News Today, Latest Finance News | The Hindu

Saturday, 3 May 2025

Friday, 2 May 2025

Britannia Industries gets over ₹25 cr demand from tax authority

In a regulatory filing, the company said the Additional Commissioner of CGST & CX, Kolkata North, has passed an order covering tax periods from July 2017 to March 2023.

from Business News Today, Latest Finance News | The Hindu

Zoho suspends $700 million chipmaking plan in latest setback for India, sources say

Zoho struggled to find the right technology partner required to advise on the complex chipmaking processes, one of the sources said.

from Business News Today, Latest Finance News | The Hindu

Adani Enterprises Q4 profit jumps 7.5x on Wilmar stake sale, strong growth in solar mfg

The profit rise was helped by a ₹3,286 crore gain made from the sale of stake in Wilmar.

from Business News Today, Latest Finance News | The Hindu

Cognizant Q1 revenue up 7.4% to $5.1 billion; to hire 20,000 freshers in 2025

This year the company plans to hire many more fresh graduates to build a stronger workforce pyramid

from Business News Today, Latest Finance News | The Hindu

Thursday, 1 May 2025

Sundram Fasteners clocks standalone Jan-March 2025 net at ₹134.37 crore

For the year ending March 31, 2025 the profit of the company surged to ₹517.01 crore, from ₹479.71 crore registered a year ago.

from Business News Today, Latest Finance News | The Hindu

With WAVES event, government seeks global role for India in entertainment industry

Spanning streaming to filmmaking to video gaming to visual effects, the government has pitched May’s WAVES event as a step in establishing India as a hub in the global entertainment business

from Business News Today, Latest Finance News | The Hindu

Is natural hydrogen the fuel of the future? | Explained

How does hydrogen occur naturally in the environment? Why was it considered unviable to mine or harvest natural hydrogen? Can natural hydrogen as a fuel meet growing global energy demands? Why is it still an untapped industry? Does India have natural hydrogen reserves?

from Business News Today, Latest Finance News | The Hindu

Govt notifies ITR forms; individuals with LTCG up to ₹1.25 lakh can file ITR 1, 4

Offering relief to many salaried and presumptive income earners, the newly notified ITR forms for AY 2025-26 eliminate the need for filing complex returns solely due to exempt long-term capital gains below a specific threshold.

from Business News Today, Latest Finance News | The Hindu