business growth News

Figma's Stock Plummets 20% Following a Spectacular 255% IPO Surge

Figma's stock saw a 20% drop after a stunning 255% surge during its IPO, highlighting the volatile nature of stock markets and investor behavior.

India's GST Revenue Hits Record Rs 1.96 Lakh Crore in July 2025, Marking a 7.5% Year-on-Year Growth

India's GST collection in July 2025 rose by 7.5% year-on-year to Rs 1.96 lakh crore, driven by higher domestic revenues and a 9.5% increase in import taxes. Net GST revenue grew by...

India's Manufacturing Sector Soars: PMI Hits 16-Month Peak at 59.1 in July Amid Surge in Orders and Output

India's manufacturing sector hits a 16-month high with PMI at 59.1 in July, driven by a surge in orders and output. Despite growth, business confidence dips due to inflation and co...

Eurozone Business Growth Hits 11-Month Peak in July, Signaling Economic Resilience

The Eurozone's business growth reached an 11-month high in July, with the composite PMI rising to 51. The services sector saw significant improvement, while manufacturing output sl...

Indian Overseas Bank Achieves Record Q1 Profit of Rs 1,111 Crore, Targets 12% Growth in FY26

Indian Overseas Bank reports a record Q1 profit of Rs 1,111 crore, a 76% increase YoY, with plans for 12% growth in FY26. The bank is confident in sustaining this performance, targ...

IPL's Stunning Growth: Business Value Soars to $18.5 Billion, Brand Value Hits $4 Billion

The IPL's business value has surged to $18.5 billion, with brand value reaching $4 billion, showcasing its global appeal and commercial success. Royal Challengers Bengaluru leads i...

Surge in IT Salaries: A 12-37% Jump Since FY21 Driven by Business Expansion

IT firms have experienced a 12-37% increase in median salaries since FY21, with Infosys and Wipro leading at 30%. Growth rates vary, with some companies seeing declines in recent y...

India Surges to Third Place in Global Trademark Filings, Nearing US Figures

India ranks third globally in trademark filings with 5.4 lakh applications in 2024, showing strong growth and narrowing the gap with the US. China leads with 68 lakh filings. The g...

JPMorgan Chase Expands Paris Footprint with New Office Amid Rapid Growth

JPMorgan Chase & Co. is expanding its Paris operations with a new office at 37 Place du Marche Saint-Honore, responding to its workforce exceeding 1,000. The new space, opening in ...

Ajoy Chawla Steps Up as Titan's New Managing Director: A New Era Begins

Ajoy Chawla is appointed as Titan's new managing director, effective January 1 next year, marking a significant leadership transition. Under his previous role as CEO of the jewelle...

PC Jeweller Achieves Remarkable 56% Debt Reduction in FY25, Eyes Complete Debt Freedom by FY26

PC Jeweller Ltd has reduced its debt by 56% in FY25, targeting complete debt freedom by March 2026. Improved sales and fundraising efforts, including a Rs 1,500 crore preferential ...

India's Forex Reserves Surge by $305 Million, Marking a Significant Economic Milestone

India's forex reserves have increased by $305 million to $654.3 billion, marking a significant economic milestone. This growth highlights the country's economic resilience and robu...

Government Promises Unprecedented Support for Business Growth in India

Indian policymakers at the ET Awards promise extensive support for business growth, urging industry leaders to invest and view challenges as opportunities. The government pledges t...

Chennai: A Safe Haven for Businesses and Expats in India

Chennai is gaining prominence as a safe and appealing city for businesses and expats in India, offering a blend of safety, affordability, and cultural familiarity that attracts div...