Business News

Business

Gold's Unstoppable Surge: Predicted to Reach Rs 90,000 per 10gm by 2025

Gold is predicted to continue its record-breaking journey, potentially reaching Rs 90,000 per 10 grams by 2025, driven by geopolitical tensions, economic uncertainties, and lower i...

Business

India's Infrastructure Sector Hits a 4-Month Growth Peak in November

India's infrastructure sectors, including cement, coal, and electricity, achieved a four-month high growth in November, with an overall increase of 4.3%. This growth, despite being...

Business

Startup Funding Hits a Snag: $31 Billion Marks the Lowest Since 2019

In 2024, India's PE-VC investments fell to $31.1 billion, the lowest since 2019, marking a 5.5% decrease from the previous year. Despite this, the number of deals exceeded 1,000. S...

Business

NPCI Extends Deadline for PhonePe and Google Pay to Reduce UPI Market Share

NPCI has extended the deadline for PhonePe and Google Pay to reduce their UPI market share by two years, amidst growing competition and strategic shifts in the digital payments lan...

Business

Revolutionizing Finance: X CEO Unveils 'X Money' Payment System Launching in 2025

X CEO Linda Yaccarino announces the 2025 launch of X Money, a revolutionary payment system, alongside other innovative projects like X TV and Grok, aiming to redefine connectivity ...

Business

Biden Administration Faces New Nippon Steel Bid Amid National Security Concerns

Nippon Steel Corp. has submitted a new acquisition proposal for United States Steel Corporation to the Biden administration, including a government veto on production cuts, amid na...

Business

Repsol Revives Libyan Drilling After Decade-Long Hiatus: A New Chapter for Energy Exploration

Spanish energy company Repsol has resumed exploratory drilling in Libya's Murzuq Basin after a 10-year hiatus, signaling renewed foreign investment and stability in Libya's oil sec...

Business

Deadline Extended: File Your Revised Income Tax Returns by January 15, 2025

The Income-Tax Department has extended the deadline for filing belated or revised income tax returns for the fiscal year 2023-24 to January 15, 2025, providing taxpayers with more ...