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"business-news"

  • Rupee sinks 50 paise, settles at 86.26 against US dollar

    The Indian currency logs the maximum single-day loss on April 8. It earlier recorded such a steep loss in one session on January 13 this year, when it had depreciated by 66 paise 
  • Hyderabad-based Cyient to invest $100 million in semiconductor business

    The company is also looking at raising capital from an external investor by September and is in the process of appointing merchant bankers
  • Apple may export more iPhones from India amid global uncertainties: Report

    The US tech giant is considering this move as a temporary solution to reduce the rising cost of importing products from China, according to a report by The Wall Street Journal.
  • Tata Motors reports 3 per cent decline in its group global wholesales

    Global wholesales of Tata Motors passenger vehicles, including electric vehicles, in Q4 FY25 were at 1,46,999 units, lower by 6 per cent against Q4 FY24
  • Swiggy Instamart unveils ‘Maxxsaver’ feature for savings on orders

    The Swiggy Instamart 'Maxxsaver' feature is aimed at making everyday shopping more affordable and rewarding
  • India secures 3rd spot-funded fintech startup ecosystem globally in Q1 2025

    The first quarter of this year witnessed a total funding of $366 million. March was the most funded month of the quarter, with $187 million raised, accounting for 51 per cent of the total funds
  • Pakistan stock exchange plunges over 8,000 points

    Financial analysts blamed the fear of a global recession for the massive fall in the stock exchange. Even after a cooling period of one hour, the PSX lost another 2,000 points when trading resumed, resulting in a record 8,600 points drop in intraday trade
  • Finance Minister Sitharaman to visit UK and Austria to boost financial collaborations, bilateral ties

    The Finance Minister would participate in the 13th Ministerial round of India-UK Economic and Financial Dialogue and engage with think tanks, investors, and business leaders in the UK and Austria, according to a Ministry of Finance statement
  • Monday Mayhem: Markets crash wipes out Rs 20 lakh crore in early morning trade

    Sensex nosedives over 5 per cent amid global market meltdown due to growing trade war concerns
  • Central Government releases over Rs 4,200 crore to Andhra for Amaravati capital project

    The World Bank and Asian Development Bank (ADB) together committed to fund USD 1600 Million (Rs 13,600 crore), USD 800 Million each, for Amaravati capital city phase-I development, while the Centre will be contributing remaining Rs 1,400 crore, out of the Rs 15,000 crore committed by the Central Government for phase-I of the development
  • Musk’s Grok-3 Vs China’s DeepSeek: Which is leading the AI turf war?

    Grok-3 proves that throwing 100x more GPUs can yield marginal performance gains rapidly. But it also highlights rapidly diminishing returns on investment (ROI), says report
  • Sarla Aviation plans to launch air taxis soon

    Aerospace startup Sarla Aviation had unveiled India’s first flying taxi prototype ‘Shunya’ earlier this year
  • China hits back at US with 34 per cent tariffs

    The tariffs will be imposed on American goods starting April 10; Beijing also announced it filed a lawsuit with World Trade Organization
  • US reciprocal tariff may shave off India’s GDP by up to 50 bps: Experts

    India, however, is likely to be relatively less impacted among Asian economies as other countries have been hit by higher tariff rates or run a larger trade surplus with the US
  • Ferrari opens showroom in Bengaluru. ‘Hope they sell roads too, as an accessory’, say netizens

    Ferrari is reportedly paying Rs 8 lakh as rent for a 10,000-square-foot showroom space in Bengaluru
  • Maruti cars turn costlier

    India’s largest carmaker said it has planned to increase car prices due to rising input costs, operational expenses, regulatory changes and feature additions
  • NMDC dawns on a new fiscal, conquering March with record Q4 sales

    The company achieved its highest-ever Q4 sales performance since inception, with sales rising to 12.66 MnT.
  • ‘Uber for Teens’ rolls out in Hyderabad, other major cities

    A key feature of ‘Uber for Teens’ is that it allows parents to have oversight on the rides their children book, says the company
  • Zomato slashes 600 jobs; hits employees in Hyderabad, Gurugram

    According to reports, the company had hired nearly 1,500 employees last year through its Zomato Associate Accelerator Program to fill customer support roles. However, in recent weeks, many of these employees have been let go without any prior notice
  • Sensex crashes by 1,390 points as US ‘Liberation Day’ fear grips Indian markets

    US President Donald Trump plans to roll out a set of reciprocal tariffs on April 2, which he says will be ‘Liberation Day’ for the US
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