US Markets Gain Amid Commodity Surge, Light Trading
US stock indices opened the holiday week with gains. Gold and silver soared to record highs, while Uber and Lyft rose on robotaxi plans. Key US economic data awaited.
Category : Business
India-NZ FTA a New Milestone, Says Amit Shah
Union Home Minister Amit Shah hails the India-New Zealand FTA as a milestone for Modi govt, set to boost trade, investment, and create jobs. Explore the key benefits.
Wall Street Gains on Tech Rebound, Nvidia Soars
Wall Street closed higher on Tuesday, driven by a strong rebound in technology stocks led by Nvidia. The S&P 500 and Nasdaq posted gains, while investors await key inflation data. Read the full analysis.
India-NZ FTA Safeguards Dairy, Allows Export-Only Processing
India's new FTA with New Zealand creates export-only dairy processing zones, fully protecting domestic farmers. No import duty concessions granted. Details inside.
Telefonica Slashes 5,500 Jobs in $2.9B Restructuring
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
MUFG invests ₹39,618 cr in Shriram Finance, biggest FDI in finance
Japan's MUFG Bank buys 20% stake in Shriram Finance for ₹39,618 crore, marking the largest FDI in India's financial sector. Executives call it a huge endorsement of India's economic progress and financial discipline.
Ellison Guarantees $40.4 Billion for Paramount's Warner Bid
Oracle's Larry Ellison personally guarantees $40.4 billion in equity financing for Paramount Skydance's all-cash offer for Warner Bros Discovery, intensifying the media acquisition battle. Read more.
India-NZ FTA Finalized; Bangladesh Student Leader Shot
India and New Zealand announce conclusion of FTA negotiations. In a separate incident, another Bangladesh student leader, Sharif Osman Hadi, is shot in the head. Read the full details.
Core Sector Grows 1.8% in November, Snaps Contraction
India's eight core industries grew 1.8% in November, recovering from October's contraction. Strong performance in cement, steel, and fertilizers offset declines in oil and gas. Read the full analysis.
NZ's Peters Opposes India FTA, Calls It Unfair for Dairy
New Zealand's Foreign Minister Winston Peters opposes the historic India-NZ FTA, citing unfair terms on dairy and immigration. Deal finalized in March 2025 offers zero-duty access for Indian goods.
Gujarat Kidney IPO Oversubscribed 1.53 Times
Gujarat Kidney's ₹250.8 crore IPO witnessed robust demand, oversubscribed 1.53x on Day 1. Retail investors led with 5.06x subscription. Check key dates and GMP details.
Bengaluru's 2025 Delivery Trends: Big Tips, Tiny Carts
Bengaluru's delivery scene in 2025 saw extremes: massive Rs 68,600 tips on Instamart & the rise of Rs 10 micro-carts. Discover the city's changing consumer habits.
India to Reset Key Economic Indicators in 2026
India's key macroeconomic data, including inflation, GDP, and industrial production, will get a base-year reset in 2026. New CPI series launches Feb 12, GDP on Feb 27, and IIP on May 28. Read for details.
Gold, Silver Prices Skyrocket to New All-Time Highs
Gold price in India surged to a historic high of Rs 1,38,000 per 10 grams, while silver jumped to Rs 2,14,500 per kg. Explore the key drivers behind this unprecedented rally and what it means for investors.
TSMC Shareholders Rise to 1.17 Million Amid Market Volatility
Taiwan Semiconductor Manufacturing Co. (TSMC) sees its shareholder base surge to 1.17 million, the highest since April 2023, even as its share price faces pressure. Discover the resilience behind the world's top chipmaker.
Excel Realty N Infra hikes share capital, changes name
Penny stock Excel Realty N Infra plans to increase its authorized share capital from ₹500 crore to ₹7,500 crore and rename itself Landsmill Green Limited. Board approvals await shareholder nod via postal ballot.
Netflix Secures $25B in New Debt for Warner Bros. Takeover
Netflix refinances part of its massive $59 billion bridge loan with cheaper, long-term debt to bolster its bid for Warner Bros. Discovery. The streaming war heats up with a rival offer from Paramount Skydance. Read the full details.
Bengaluru Metro Yellow Line Frequency Boosted to 13 Mins
Bengaluru's Namma Metro enhances Yellow Line service, reducing train intervals to 13 minutes from Tuesday. Commuters on the RV Road-Bommasandra route can expect less waiting time and smoother travel.
Kerala HC: Centre's service tax on amusement parks unconstitutional
The Kerala High Court has declared the Centre's service tax on amusement facilities unconstitutional, ruling it encroaches on the state's taxation powers. Read the full legal analysis.
Shriram Finance: No Banking License Plans Post MUFG Deal
Shriram Finance clarifies it will not seek a banking license despite MUFG's $4.4 billion investment for a 20% stake. Management prefers to grow as an NBFC, retaining control.
Swiggy Instamart 2025 Analysis: Diverse Orders, Wider Loss
Swiggy's Instamart saw orders from iPhones to Rs 10 items in 2025. The company's Q2 net loss widened to Rs 1,092 crore. Read the full analysis here.
Capital One Explores AI Cloud Alternatives to AWS
Capital One is seeking alternatives to Amazon Web Services due to soaring AI infrastructure costs, an internal Nvidia document shows. The move signals a major shift in cloud strategy for enterprises. Read more.
Tata Harrier, Safari launch with new petrol engine & features
Tata Motors expands Harrier & Safari with a new 170 PS turbo-petrol engine and major tech upgrades like a 14.5-inch QLED screen. Explore the new petrol SUV options.
India-NZ Trade Deal, Bangladesh Unrest, Babri Row Updates
Key developments on India-New Zealand FTA, escalating unrest in Bangladesh, and the latest on the Babri Masjid row. Stay informed on crucial regional and diplomatic news.
Kerala HC: Centre's service tax on amusement parks unconstitutional
Kerala High Court rules Centre cannot levy service tax on amusement park entry, calling it unconstitutional. The court says only states can tax entertainment. Read the full details.
IT Dept Asks MNCs to Alert Staff on Foreign Assets
Income Tax department contacts multinationals, urging them to warn India-based employees to disclose foreign income & assets by year-end or face ₹10 lakh penalty under Black Money Act.
SBI SO 2025 Registration Closes Tomorrow for 996 Posts
State Bank of India will close the SBI Specialist Officer recruitment 2025 application window on December 23. Apply now for 996 vacancies across various departments.
India's Digital Ad Market Grows 149% in 2025
India's advertising landscape pivots decisively to digital, with a 149% surge in impressions in 2025. E-commerce leads the charge as TV ad volumes fall 10%. Discover what this means for brands and agencies.
Chinese Tech Firm Gives Flats to Staff After 5 Years
A tech company in China announces a housing scheme to gift apartments to employees completing five years. The plan aims to reward managers and attract top talent to Wenzhou. Read more.
1929 Crash Lessons for Today's AI & Crypto Boom
Andrew Ross Sorkin's gripping account of the 1929 Wall Street collapse raises urgent parallels with today's AI and crypto-driven markets. Could history repeat itself?
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