Business News

Business

IMF Boosts India's Growth Forecast to 6.4% for 2025 & 2026, Solidifying Its Lead as the Fastest-Growing Major Economy

The IMF has revised India's economic growth forecast upwards to 6.4% for 2025 and 2026, reinforcing its status as the fastest-growing major economy. Global growth projections also ...

Business

TCS Faces Significant Market Cap Drop and Plans 12,000 Layoffs Amidst AI Transition

Tata Consultancy Services (TCS) has lost over Rs 28,000 crore in market capitalisation after announcing plans to lay off 12,000 employees globally. The layoffs are part of TCS's st...

Business

L&T Shatters Records with a 30% Surge in Q1 Net Profit to Rs 3,617 Crore

Larsen & Toubro (L&T) announced a 30% YoY increase in Q1 net profit to Rs 3,617 crore, with revenues up by 16%. The company also reported a record order inflow of Rs 94,453 crore, ...

Business

TCS Layoffs Spark Fear: Over 12,000 Jobs at Risk Due to New Bench Policy

TCS's new bench policy has employees fearing job losses beyond the announced 12,000, with senior staff particularly at risk due to project allocation challenges.

Business

Air India Introduces Online Yoga for Stressed Crew Amid Calls for Real Solutions to Aviation Stress

Air India launches online yoga for crew stress relief post-Ahmedabad crash, but pilots urge addressing rostering and pay issues for real mental health support.

Business

BluSmart Mobility Faces Insolvency: A Deep Dive into India's EV Ride-Hailing Crisis

The National Company Law Tribunal admits BluSmart Mobility into insolvency over unpaid dues, highlighting financial struggles in India's EV ride-hailing sector. The case also invol...

Business

Renowned Economist and House of Lords Member Meghnad Desai Dies at 84; PM Modi Mourns the Loss

Meghnad Desai, a distinguished economist and member of the House of Lords, passed away at 84. Known for his contributions to economics and India-UK relations, his legacy includes e...

Business

Air India Faces Critical Safety Challenges: DGCA Audit Reveals 51 Lapses Including Pilot Training and Rostering Issues

DGCA's audit of Air India reveals 51 safety lapses, including inadequate pilot training and poor rostering, with critical violations needing urgent resolution. The airline faces op...