Govt Debunks 85% Tax on ₹10 Lakh Bank Transactions
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
Category : Business
NYE 2024: Quick Commerce Sees Massive Surge in Orders
New Year's Eve 2024 saw a massive spike in quick commerce orders across India. From last-minute iPhones and gold coins to celebratory grapes, platforms like Blinkit, Zepto, and Swiggy Instamart delivered the party. Discover the top trends.
Air India Pilot Detained in Canada for Alcohol Smell
An Air India pilot was offloaded in Vancouver after allegedly smelling of alcohol. The airline launched an investigation and enforced its zero-tolerance policy. Read details on the incident and DGCA's separate safety notice.
New Tobacco & Pan Masala Cess: 40% GST + Excise from Feb 1
India's new tax structure for tobacco & pan masala kicks in Feb 1. Cigarettes face extra excise, pan masala gets 48% 'Health Security Cess'. Read the full impact.
2.3 Lakh Banking Outlets Disappear, Villages Hit Hardest
RBI data reveals a sharp decline of 2.3 lakh Banking Correspondent outlets, severely impacting last-mile banking services in rural India. Explore the causes and consequences for financial inclusion.
New Renault Duster Spotted Testing Ahead of India Launch
The next-gen Renault Duster has been spotted testing in India ahead of its expected launch on January 26, 2026. Get all details on design, features, and engine specs.
Ritesh Agarwal on Shark Tank India & His Unusual First Funding
Shark Tank India returns with Ritesh Agarwal. The OYO CEO reveals shocking investor advice to his father during his first fundraising at age 17. Read his entrepreneurial journey.
Nobel Economist Calls Bitcoin a Pure Bubble, Warns on Stablecoins
Nobel laureate Jean Tirole analyzes crypto's risks vs innovation. Are Bitcoin & stablecoins a threat to India's financial system? Key insights on GENIUS Act & future of digital money.
US Grants TSMC Licence for China Plant, 2nm Chips Roll Out
The US has granted TSMC a licence to import chip-making tools to its China facility, ensuring operations. Separately, TSMC has begun mass production of advanced 2nm chips, boosting AI and mobile tech. Read the full details.
Gig workers skip NYE strike for higher payouts
A planned nationwide strike by delivery partners failed as platforms offered peak incentives. Workers cite lack of unity and shrinking base pay as key issues.
Mumbai Metro Lines, Pune Expressway Link to Open in 2026
Major Mumbai infrastructure boost in 2026: New Metro lines connect Mira Bhayandar & Thane, Pune Expressway 'missing link' to cut travel by 30 mins. Details inside.
Congress: India-EU FTA Must Tackle Non-Tariff Barriers
Congress party urges Indian government to address 'unacceptable' non-tariff barriers in the ongoing India-EU Free Trade Agreement negotiations. Key demands include protecting farmers and the dairy sector.
Tesla's Robotaxi Hype Fuels Stock Amid Falling EV Sales
Tesla's stock surged in 2025 on Elon Musk's autonomous vehicle vision, but actual car deliveries fell 11% in Q4. Can the EV giant convince buyers while investors bet on a robotaxi future?
TPO Conference 2025 Sets Roadmap for $5 Trillion Economy
The TPO Conference 2025 in Mumbai united industry leaders to strategize India's path to a $5 trillion economy. Discover key insights on exports, innovation, and global partnerships. Read the full report now!
Zomato, Blinkit Services Unaffected by Strike Calls on Dec 31
Zomato CEO Deepinder Goyal confirms delivery services will run smoothly on New Year's Eve despite strike rumors. Get the full details on operational assurances.
Data-Focused Trader Education Gains Momentum with Ghost Trade
Manish Maheshwari's Ghost Trade strengthens its bootcamp initiative, focusing on data-driven education for traders. Learn how this approach is changing the learning landscape.
HC Validates Sunglory NOC, Directs MHADA on Nutan Proposal
Bombay High Court criticizes MHADA officials & MLA Hemant Rasne for misconstruing CM's remark, upholds Sunglory society's NOC. Sets Jan 2026 deadline for Nutan society's proposal. Full details inside.
Vodafone Idea Gets ₹637 Crore GST Penalty Demand
Vodafone Idea receives a massive ₹637 crore GST penalty notice for alleged tax shortfall. Investors brace for stock market impact on January 2, 2026. Read the full details.
New AC Star Ratings Could Raise Prices by 10% from 2026
BEE's stricter energy norms from 2026 may increase AC costs by 10%, potentially negating GST rate cut benefits. Learn how this impacts your wallet.
India Eyes Higher Cigarette Tax to Match Health Impact
India considers calibrated excise duty hikes on cigarettes, citing current modest rates and significant fiscal and public health space for increase. Read the full analysis.
Sri Adhikari Brothers Stock Jumps 5% on Stock Split Plan
Sri Adhikari Brothers Television Network share price hit upper circuit, rising 5% to ₹1,680 after the company announced its board will consider a stock split. Read the full details and market reaction here.
US Markets 2025: S&P 500 up 17%, Nasdaq gains 20%
US stock markets closed 2025 with strong double-digit gains. S&P 500 rose 17%, Nasdaq 20%, Dow 13%. Check 2026 holiday calendar and key market drivers.
Stock Market Flat on 2026's First Day; ITC Falls
Indian stock markets began 2026 on a muted note with Sensex closing flat near 80,000. ITC was the biggest laggard, while broader markets showed resilience. Read the full analysis.
Vande Bharat Sleeper Train Fares Announced for Guwahati-Kolkata
Railway Minister Ashwini Vaishnaw announces affordable fares for the new Vande Bharat Sleeper train on the Guwahati-Howrah route. PM Modi to flag off the service soon. Read more.
Alexandr Wang: AI Billionaire Dropout Story Explained
Scale AI founder Alexandr Wang's rise as a young billionaire reignites the debate on college degrees. We examine the common patterns behind successful dropouts like Gates and Zuckerberg.
Developers Bet on Integrated Condos with Retail to Reshape Cities
Indian real estate developers are pivoting to integrated condominiums featuring high-street retail. This trend, blending luxury living with premium shopping, aims to create self-contained communities and redefine urban landscapes by 2026.
CSMIA Commissions Taxiway M to Strengthen Airside Capacity
Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) has operationalized Taxiway M, a key infrastructure upgrade. This move strengthens airside capacity and operational resilience, ensuring smoother and safer airport operations for future gr
Hyundai Creta Sells Over 2 Lakh Units in 2025, Creates Record
Hyundai Creta becomes India's first mid-size SUV to cross 2 lakh annual sales in 2025. Discover key facts, diesel variant popularity, and what this means for the Indian auto market.
Jaipur Metro Line 2 Direct Airport Link by 2026
Jaipur Metro's upcoming Pink Line extension will offer direct underground access to all three terminals of Jaipur International Airport, transforming urban connectivity. Discover the project's timeline and impact.
Rupee down 4.72% in 2025, starts 2026 weaker
The Indian rupee closed 2025 with a 4.72% annual decline, its worst performance since 2022. It began 2026 weaker due to corporate dollar demand. Read the full analysis.
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