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"business-news"

  • 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
  • ATF rates slashed. Will air travel get cheaper?

    The rates of commercial LPG that is used in hotels and restaurants were also reduced by Rs 41 per 19-kg cylinder. However, for cooking gas used in domestic households, the price remains unchanged at Rs 803
  • Interest rates on small savings schemes, including PPF, NSC, remain unchanged

    The rates of interest on various Small Savings Schemes for the first quarter of FY 2025-26 starting from 1st April, 2025 and ending on 30th June, 2025 shall remain unchanged from those notified for the fourth quarter (1st Jan, 2025, to 31st March, 2025) of FY25, said a Finance Ministry notification
  • Restaurants cannot mandatorily levy service charge on food bills: Delhi HC

    Justice Prathiba M Singh dismissed petitions of restaurant bodies challenging Central Consumer Protection Authority guidelines prohibiting hotels and restaurants from levying mandatory service charge on food bills
  • Govt to launch ‘Sahkar taxi’ that will provide bike, cab, auto services to compete with Ola, Uber

    “Sahkar Taxi will register two-wheeler taxis, auto-rickshaws, and four-wheeler taxis across the country,” Union Home Minister and Minister of Cooperation Amit Shah said, while announcing the initiative in Parliament
  • Gautam Adani is India’s second richest person . Here’s by how much his wealth grew

    Gautam Adani’s total wealth rose 13 per cent. Mukesh Ambani remains Asia’s richest person while HCL’s Roshni Nadar breaks into global top 10 rich women list, according to Hurun Global Rich List 2025
  • BIS raids Amazon, Flipkart warehouses, seizes substandard goods

    BIS has conducted extensive raids on Amazon and Flipkart warehouses here, seizing thousands of products lacking proper quality certifications
  • Editorial: The first step in Sebi reform

    Sebi Chairman Tuhin Kanta Pandey’s decision to constitute high-level committee to review provisions relating to conflicts of interest, disclosures and other matters was necessary to restore regulator’s credibility
  • One in 5 super rich wants to leave India for good, says survey

    These ultra high networth individuals seek improved standard of living, healthcare solutions, education or lifestyle, according to Kotak Private
  • Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

    Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
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