Central PSU Employees Get 4% DA Hike from January 2024
Over 7 lakh central public sector employees to receive revised Dearness Allowance effective January 1, 2024, as government implements 4% hike following latest CPI-IW data.
Category : Business
Fiserv Stock Crashes 44% After Bleak Forecast
US financial technology leader Fiserv faces massive investor exodus as disappointing growth projections trigger worst stock plunge in years. Analysis and market impact.
Oil Prices Rebound After 3-Day Decline
Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.
L&T's ₹13,375 Crore Order Boom Signals Private Capex Revival
Engineering giant Larsen & Toubro secures massive domestic orders worth ₹13,375 crore across multiple sectors, signaling strong revival in private capital expenditure and infrastructure growth in India.
NTPC Green Energy Q2 Profit Soars 135% to ₹86.38 Crore
NTPC Green Energy reports stellar Q2 performance with 135% jump in net profit and 25% revenue growth, signaling strong momentum in renewable energy sector.
China's Rare Earth Power Over US F-35 Revealed
Despite trade deal optimism at the Trump-Xi summit, China's strategic control over rare earth minerals reveals a critical weakness in America's defense manufacturing, particularly affecting the F-35 fighter jet program.
Indian Rice Farmers Gain Global Market Access Through Conference
The upcoming Bharat International Rice Conference promises to revolutionize market access for Indian rice farmers, connecting them directly with global buyers and positioning India as the world's rice bowl.
Vedanta's $1B Zambia Copper Investment Plan
Anil Agarwal's Vedanta Resources announces massive $1 billion investment in Zambian copper mines, signaling major Africa expansion and commitment to global metals leadership.
Liquid Credit Crisis Benefits India's Private Lenders
As traditional liquid credit markets face turmoil, Ares Management reveals why Indian private lenders are positioned to capitalize on this disruption and fill the funding gap.
Cognizant Exploring India IPO Listing
Cognizant Technology Solutions is actively exploring an initial public offering (IPO) in India, marking a significant strategic move that could reshape its relationship with the massive Indian market where it employs over 250,000 professionals.
India scraps green clearance for coal gasification pilots
In a landmark decision, the Indian government has exempted pilot projects for Underground Coal Gasification from environmental clearance requirements, accelerating clean coal technology development.
Trump: India-US Trade Deal Imminent
Former President Donald Trump signals imminent trade agreement with India, promising 'very big' deal that could reshape bilateral economic relations and benefit multiple sectors.
LIC Stake Sale: Govt Eyes $1.5B Divestment by Dec
Indian government plans strategic divestment of LIC stake worth up to $1.5 billion by December 2024. SEBI's minimum public shareholding norm drives this major financial move.
British Pound Plummets to Multi-Month Low vs Dollar
Sterling faces severe pressure as it tumbles to weakest levels in months against USD and hits years-low against EUR. Federal Reserve's hawkish stance and UK economic concerns drive the decline.
HPCL Q2 Profit Soars 6x, Refining Margins Jump to $8.80/bbl
Hindustan Petroleum Corporation Limited reports stellar Q2 performance with refining margins climbing to $8.80 per barrel, driving massive profit growth and robust operational performance.
Varun Beverages surges 9% on Carlsberg Africa deal
PepsiCo's largest Indian bottler Varun Beverages sees massive stock surge after securing exclusive distribution rights for Carlsberg products across Africa, marking major international expansion.
NMDC Steel Q2 Loss Narrows to ₹114 Crore
NMDC Steel shows impressive recovery with narrowed losses and significant production growth at Nagarnar plant. Read the complete financial analysis.
IAF veteran loses ₹1.5cr in share trading scam
A retired Indian Air Force officer in Pune falls victim to a sophisticated share trading fraud, losing his life savings and loans worth ₹1.5 crore. Learn how the scam unfolded and crucial warning signs.
Chandigarh Banks, Estate Office Fined for Litter
Major financial institutions and government offices in Chandigarh penalized for maintaining unhygienic premises. Find out which prominent names failed basic sanitation checks.
Boeing's $5.4B Loss: 777X Delays Deepen Crisis
Aviation giant Boeing faces mounting pressure as 777X program delays trigger massive $4.9 billion charge and $5.4 billion quarterly loss, threatening turnaround efforts.
Sharda Motor Partners with Donghee for Suspension Tech
Indian auto component leader Sharda Motor Industries announces groundbreaking partnership with South Korean giant Donghee Industries to expand suspension portfolio and enhance global competitiveness.
India-Netherlands Digital Sea Corridor Deal Signed
India and Netherlands sign landmark agreements during Mumbai Maritime Week 2025, establishing a revolutionary Digital Sea Corridor and enhancing cooperation in shipbuilding, green ports, and maritime innovation.
India's Creator Economy: Freelance Editors in Demand
Discover how India's booming creator economy is creating massive opportunities for freelance editors and content professionals as brands shift to digital-first strategies.
HPCL-Mittal Energy stops Russian oil imports after US sanctions
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
Supreme Court limits AGR relief for telecom companies
In a landmark ruling, India's Supreme Court clarifies that AGR relief applies only to telecom operators who approached the court, dealing a significant setback to Vodafone Idea's revival hopes.
ITR Deadline Extended to Dec 10 for Companies
CBDT grants crucial extension for companies and entities requiring tax audit reports. New deadline December 10 provides relief for businesses navigating complex filing requirements.
Nvidia Hits $5T as Wall Street Surges Before Fed Decision
US stock markets witnessed a significant rally with the S&P 500 and Nasdaq reaching record highs. Nvidia achieved a monumental $5 trillion market cap while investors await the Federal Reserve's crucial interest rate decision.
Priya Kapur leads ₹30,000cr empire amid legal battle
Priya Sachdev Kapur shares exclusive photos from Sona Comstars Chennai plant while continuing Sunjay Kapur's massive business legacy amidst legal dispute with Karisma Kapoor's children.
India-EU Trade Pact: Final Talks Begin Next Week
India and the European Union are set to resume high-stakes trade negotiations next week, aiming to finalize a comprehensive agreement that could transform bilateral commerce and counter China's economic influence.
Goyal: India Must Reduce Tech Dependence on Foreign Nations
Union Minister Piyush Goyal emphasizes the urgent need for India to reduce technological dependence on foreign nations, highlighting opportunities in electronics, semiconductors, and space technology for achieving self-reliance.
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