Business News

Business

AI's Double-Edged Sword: Transforming Markets While Risking Collusion and Discrimination

Artificial Intelligence (AI) is transforming markets and business operations, but it also poses risks, including enabling collusion and discrimination, according to CCI Chairperson...

Business

Monthly Growth of 12% in Loans Through Account Aggregator System Hits Rs 1.3 Lakh Crore

The account aggregator system has achieved a 12% monthly growth in consents, facilitating loans worth over Rs 1.3 lakh crore by December 2024. With over 14.3 crore borrower consent...

Business

Dalal Street Watches Trade War Developments as FPI Selloff Slows Down

Investors on Dalal Street are closely watching the global tariff war and FPI selloff trends, alongside key data releases and commodities market movements, as the Indian economy sho...

Business

Amid Market Slowdown, FMCG Giants Embark on Strategic Shopping Spree for Growth

Leading FMCG companies are capitalizing on the market slowdown by aggressively pursuing strategic acquisitions. With a focus on high-growth areas like convenience food and beauty, ...

Business

India and New Zealand Set to Revive FTA Talks After a Decade, Aiming for Stronger Economic Ties

India and New Zealand are set to relaunch Free Trade Agreement negotiations after a 10-year gap, aiming to deepen economic ties and unlock new business opportunities amidst geopoli...

Business

IndusInd Bank Faces Profit Hit Amid Allegations of Inflated Interest Income

IndusInd Bank may have overstated its net interest income, leading to a significant profit hit. An internal review revealed discrepancies in its foreign exchange derivative portfol...

Business

Times Music Expands Its Empire by Acquiring Two Major Regional Record Labels

Times Music has acquired Symphony Recording Co and ARC Musicq, two leading Indian regional record labels, marking its first acquisitions since partnering with Primary Wave Music in...

Business

IBM CEO Arvind Krishna's Compensation Skyrockets by 23% to $25 Million in 2024

IBM CEO Arvind Krishna's compensation increased by 23% to $25 million in 2024, driven by a surge in stock awards. Despite a steady base salary, his annual incentive payment reached...