Swiggy Instamart Losses Hit ₹908 Cr Amid Quick Commerce Wars
Swiggy Limited reports Instamart's adjusted Ebitda losses widened to ₹908 crore in Q3 as it reviews aggressive incentives amid intense competition from Zepto, Blinkit, and JioMart.
Category : Business
Bengaluru Double-Decker Flyover Set for March Opening
Bengaluru's inaugural double-decker flyover from Central Silk Board to Ragigudda is expected to be fully operational by March 2025, with remaining work scheduled for February completion.
UPSC Economy Quiz: PLI Scheme, Central Counterparties, and More
Prepare for UPSC CSE Prelims 2026 with this comprehensive Economy quiz covering Production Linked Incentive scheme, central counterparties, and other crucial topics. Check your progress and revise key concepts.
US Markets Mixed After Fed Keeps Interest Rates Unchanged
The Dow Jones and S&P 500 opened higher while the Nasdaq Composite declined as US markets reacted to the Federal Reserve's decision to maintain key interest rates.
Cancer Patient Resigns After Denied Leave, Sparks Workplace Debate
Tyler Wells, a US social media professional undergoing brain cancer treatment, resigned after his employer refused paid time off despite an 'unlimited leave' policy, triggering discussions about employee rights and corporate compassion.
Economic Survey Flags Corporate Risk Aversion, Swadeshi 'Inevitable'
The Economic Survey 2025-26 highlights Indian corporates' lack of investment appetite and risk absorption, while declaring Swadeshi as inevitable amid global trade shifts.
Sitharaman: World to Buy Indian Without Thinking
Finance Minister Nirmala Sitharaman predicts a global shift where 'Made in India' products become the default choice, driven by quality and trust, marking a new era for Indian exports.
Economic Survey Backs Crop Diversification, Horticulture Growth
India's Economic Survey highlights the critical need for crop diversification, with horticulture emerging as a standout performer, driving agricultural resilience and economic growth.
Paytm Posts Third Consecutive Quarterly Profit at Rs 225 Cr
Paytm reports a net profit of Rs 225 crore for the latest quarter, marking its third consecutive profitable period. The fintech giant also gained UPI market share, outpacing industry growth rates.
High Costs Limit Insurance Growth: Economic Survey
India's insurance sector faces structural constraints due to escalating acquisition costs, limiting customer inclusion and threatening long-term stability despite revenue growth from existing customers.
Govt: Domestic Airlines Have Adequate Pilot-Aircraft Ratio
The Indian government confirms domestic airlines maintain an adequate pilot-aircraft ratio, addressing concerns after recent IndiGo disruptions linked to new fatigue norms.
India Revamps CPI: Digital Services, OTT Added to Inflation Basket
India will launch a new Consumer Price Index series from February 12, 2025, expanding the basket to include digital services, OTT platforms, smartphones, and app-based transport while removing outdated items like VCRs and audio cassettes.
India Boosts Critical Minerals Focus Amid Energy Shift
India is accelerating its focus on critical minerals like lithium and rare earth elements as global demand surges, emphasizing sustainable and traceable supply chains to secure energy transition resources.
India's Economic Resilience in Global Uncertainty
India's Economic Survey 2025-26 highlights the nation's robust growth despite global challenges, projecting over 7% expansion while analyzing three potential global scenarios for 2026.
Air India Orders 30 Boeing 737 Jets to Accelerate Fleet Growth
Air India has signed an order for 30 additional Boeing 737 aircraft, including 20 737-8 and 10 737-10 jets, at Wings India 2026. This adds to its 2023 order, bringing total Boeing orders to 250 aircraft as part of its fleet renewal strategy.
Coking Coal Now Critical Mineral to Cut Imports
The Indian government has declared coking coal a critical and strategic mineral to reduce import dependence, accelerate mining approvals, and strengthen the domestic steel supply chain under the National Steel Policy.
Ajay Banga Lists 5 Sectors for Job Creation in India
World Bank President Ajay Banga highlights five sectors for job creation in India and discusses benefits of India-EU trade deal during Odisha visit.
Saahil Goel: Building Shiprocket from Delhi to Billion-Dollar
Saahil Goel, co-founder of Shiprocket, shares his journey from a family computer expert to building a logistics unicorn. Discover how pivots from KartRocket to Kraftly led to solving shipping for India's merchants.
Citroen India Hikes Prices for C3, Aircross & Basalt SUV
Citroen India has increased prices for its C3, Aircross, and Basalt SUV models by up to Rs 45,000. The Basalt sees a Rs 20,000 hike, while C3 and Aircross variants rise by up to Rs 40,000 and Rs 45,000 respectively.
UPI Reshapes Credit Markets, Boosts Financial Inclusion
Economic Survey 2026 highlights UPI's role in expanding credit access, reaching new borrowers, and driving financial inclusion without increasing defaults.
Kerala Budget: Rs 100 Crore for RRTS Project Preliminary Work
Kerala government allocates Rs 100 crore in state budget for preliminary work on Thiruvananthapuram-Kasaragod RRTS project, modeled on Delhi-Meerut corridor with 160kmph operating speed.
Dow Cuts 4,500 Jobs in Restructuring to Boost Profitability
Dow Chemical announces 4,500 job cuts, 13% of workforce, in restructuring to save $2 billion. Revenue forecast misses expectations amid weak demand, shares fall 3%.
India-EU FTA Marks India's Economic Opening
The India-EU Free Trade Agreement signals India's commitment to economic liberalization and global integration, enhancing trade and diplomatic ties with Europe.
Women Lead Microfinance Borrowing, Out-Earn Men in Cities
A recent survey reveals women constitute 95% of microfinance borrowers in India and earn more than men in select urban service sectors, highlighting their financial empowerment.
ITC Q3 Results: Flat Profit, Revenue Up 6.7%, Dividend ₹6.5/Share
ITC reports Q3 FY26 results with net profit stable at ₹5,018 crore, revenue growth of 6.7%, and interim dividend of ₹6.50 per share announced.
India's Informal Watchdogs Force Brands to Clean Up
Independent watchdogs, influencers, and online communities are driving a consumer awakening in India, pushing brands to reformulate products and improve transparency.
Budget 2026: Simplify Capital Gains Tax for Middle Class
As more middle-class Indians invest in stocks, mutual funds, and real estate, tax experts urge the government to simplify long-term capital gains rules in the upcoming budget. Key demands include rationalizing asset classifications, easing loss set-off pr
Railways Emerge as India's Logistics Backbone in Economic Survey
The Economic Survey 2025-26 highlights Indian Railways as the backbone of freight and energy logistics, with sustained high capital outlay for capacity creation.
Bezos Third-Richest as Amazon Stock Rises, Stores Close
Amazon founder Jeff Bezos reclaims world's third-richest position after stock surge. Amazon announces closure of all Go and Fresh physical stores, focusing on online delivery and Whole Foods expansion.
Wheels India Q3 Profit Jumps 42% on GST 2.0, Higher Dividend
Chennai-based Wheels India reports 42% YoY profit growth in Q3 FY26 to Rs 32.05 crore, driven by GST 2.0 reforms and strong domestic demand. Revenue up 21.7% to Rs 1,287 crore.
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