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IndiGo CEO Pieter Elbers visited Mahakumbh Mela in Prayagraj, noting its unparalleled energy and significance. Held once every 144 years, the 2025 event saw 450 million attendees over 45 days. Elbers described taking a holy dip at the Sangam as profou…
India's banking sector is experiencing slow loan growth and margin pressure due to high interest rates. Loan growth is projected to drop significantly, and banks are focusing on retail deposits to strengthen their balance sheets. Despite this, net…
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts a massive stock market crash in February 2025, describing it as the biggest in history. He sees this as an opportunity for prepared investors and underscores the potential of Bitcoin and…
SBI raised concerns over the financial stability of women-centric Direct Benefit Transfer schemes in various states, highlighting a significant strain on state budgets. These schemes, costing over Rs 1.5 lakh crore across eight states, could pose fisc…
EPFO's provisional payroll data for November 2024 shows a net addition of 14.63 lakh members, a 9.07% increase from October. Notable trends include a rise in new memberships, particularly among the 18-25 age group, and increased female participati…
India's economic environment is favorable for private investments, revealing a bright outlook despite global challenges, according to a CII survey. It indicates a significant increase in employment and wage growth, with 97% of firms planning to hi…
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Infosys shares fell by nearly 6%, reducing the Murthy family's net worth by around Rs 1,900 crore. Despite strong financial results, including an 11% increase in net profit for the December quarter, the company's market capitalisation decrease…
The Confederation of Indian Industry (CII) urges the government to streamline regulatory approvals through a national single window system, integrate all central ministries, and simplify frameworks to boost ease of doing business. Key proposals includ…
Budget 2025 income tax: Assocham urges Finance Minister Nirmala Sitharaman to reduce personal income tax rates in the Union Budget 2025, highlighting the substantial gap between personal and corporate tax rates. from Business News: Business News, Bu…
Foreign portfolio investors remain cautious on Indian equities in light of uncertainty around Q3 FY25 earnings recovery and fair market valuations, despite strong domestic institutional investor support. The Indian rupee's depreciation and global …
South Korea's cosmetic exports topped $10 billion in 2024, driven by the global popularity of K-beauty. China, the US, and Japan were the top importers. Additionally, bio-health exports surged, with pharmaceuticals leading the growth. The governme…
Stock markets in 2025 are set to be influenced by corporate earnings, FPI trends, and key economic indicators like GDP Growth and IIP. Expectations are high for IT major TCS's Q3 results, and the US National Security Adviser's visit to bolster…
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India's Unified Payments Interface (UPI) processed a staggering 15,547 crore transactions worth Rs 223 lakh crore between January and November 2024. UPI's global reach now extends to seven countries, solidifying India's position as a leade…
Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic move aligns with Coca-Cola's global asset-light strategy. from Business News: Business News, Busi…
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India's IPO market is booming in 2024, with a record Rs 1.4 trillion raised by 298 companies as of December 3rd. This represents a 140% increase in funds raised compared to 2023, driven by strong economic growth and record highs for NSE's NIFT…
The Indian government has launched PAN 2.0, a program to modernize and digitize PAN and TAN administration. It will consolidate services, enhance security with QR codes, and identify duplicate PANs. Holding multiple PANs can result in a penalty. fro…
