Business News

Business

Rupee's Surge to 85/$: A Double-Edged Sword for Exporters Amid Global Dollar Weakness

The Indian rupee's surge to 85 against the dollar poses challenges for exporters, amid global dollar weakness and rising forex reserves. Market eyes on upcoming economic data for d...

Business

Tiger Global-Backed Infra.Market Aims for a Staggering $5 Billion Valuation in Upcoming $1 Billion IPO

Infra.Market, supported by Tiger Global, plans a $1 billion IPO targeting a $5 billion valuation, aiming for a Diwali listing. The startup, profitable and B2B-focused, is on track ...

Business

IndusInd Bank Reports a 5% Decline in Loan Book for Q4 Amid Corporate Lending Slowdown

IndusInd Bank reports a 5% decline in loan book for Q4, with corporate lending slowing down while consumer banking shows growth. Deposits see a modest increase.

Business

US Buyers Demand 15-20% Discounts Amid Tariff Hikes: Indian Exporters Feel the Pinch

US buyers are seeking 15-20% discounts from Indian exporters following recent tariff hikes, causing orders to be put on hold. The textile and gems sectors face potential demand des...

Business

Indian Tech Entrepreneurs Defend Startups Against Minister's Criticism, Highlight Job Creation and Innovation

Indian tech entrepreneurs have responded to criticism from Union commerce minister Piyush Goyal, defending the quick commerce sector's contributions to job creation and innovation....

Business

Warren Buffett Denies Alleged Support for Trump's Tariffs Amid Social Media Misinformation

Berkshire Hathaway has denied claims that Warren Buffett supported President Trump's tariffs, countering misinformation spread on social media. The company's statement refutes a vi...

Business

AppLovin CEO Claims Superior TikTok Bid Amidst US Market Access Talks

AppLovin CEO Adam Foroughi asserts their TikTok acquisition bid surpasses others, proposing a merger to leverage AI advertising for growth and US market access, amidst extended dea...

Business

OpenAI's Next Leap: ChatGPT-5 Set to Revolutionize AI Conversations in Coming Months

OpenAI CEO Sam Altman announces the upcoming release of ChatGPT-5, promising significant improvements over its predecessors. The delay is attributed to higher quality standards and...