Business News

Business

Indian Stock Market Rises: Nifty50 Surpasses 25,100 and BSE Sensex Gains Over 150 Points Amid Trade Talks

Indian stock markets opened higher with Nifty50 above 25,100 and BSE Sensex up over 150 points. Focus remains on India-US trade talks and quarterly results, amidst global market hi...

Business

LIC Makes a Massive Investment: Pumps ₹5,000 Crore into SBI's ₹25,000 Crore QIP, Boosting Stake to 9.21%

LIC has significantly increased its stake in SBI to 9.21% by investing ₹5,000 crore in the bank's ₹25,000 crore QIP, which saw strong participation from both global and domestic in...

Business

RBI Introduces Stricter Digital Banking Guidelines to Enhance Customer Safety and Transparency

The Reserve Bank of India (RBI) has introduced stricter guidelines for digital banking, focusing on customer safety, transparency, and the mandatory adoption of fraud detection sys...

Business

India's Core Sector Growth Dips to 1.7% in June: A Closer Look at Coal, Electricity, Steel, and Cement Trends

India's core sector growth slowed to 1.7% in June, with coal and electricity output declining, while steel and cement sectors grew by over 9%. This mixed performance highlights the...

Business

Eternal's Q1 Profits Take a 90% Dive Amidst Heavy Investments in Blinkit and New Ventures

Eternal, Zomato's parent company, experiences a 90% profit drop in Q1 due to heavy investments in Blinkit and new ventures, while revenue grows by 70%.

Business

Blinkit Surpasses Zomato in Order Value, Marking a Strategic Pivot Towards Quick Commerce

Blinkit has overtaken Zomato's core food delivery business in net order value, marking a strategic shift towards quick commerce for Eternal Ltd. The company reported a 70% YoY reve...

Business

Breaking: Jammu and Kashmir's Strategic Move on Water Projects Amid Indus Waters Treaty Suspension

Jammu and Kashmir seeks approval for Tulbul barrage and Chenab lift project after Indus Waters Treaty suspension, aiming to address water and energy needs amidst regional tensions.

Business

Historic Surge in Formal Employment: EPFO Reports Over 20L Job Additions in May Across Genders and Sectors

India's formal employment sector saw a record addition of over 20 lakh jobs in May, as reported by EPFO, showcasing significant growth across genders, sectors, and regions, driven ...