Business News

Business

Reviving India's Economy: A Call to Boost Demand and Ignite Investment Growth

India's economy is poised for a rebound, with the RBI urging steps to boost demand and investment. The report highlights the potential in green energy and cautious optimism about i...

Business

Zomato Invests Heavily in Blinkit: A Rs 500 Crore Boost to Quick Commerce

Zomato invests Rs 500 crore in Blinkit, totaling Rs 2,800 crore since 2022, to strengthen its quick commerce business amidst growing competition in India's fast-evolving market.

Business

India's Forex Reserves Hit a 10-Month Low Amidst Rupee's Steepest Weekly Drop in 18 Months

India's forex reserves have fallen to a 10-month low of $625.9 billion, with the rupee experiencing its steepest weekly drop in 18 months. The decline is attributed to RBI's dollar...

Business

Tech Mahindra Reports a 1% Revenue Increase in December Quarter Amidst Challenges

Tech Mahindra reports a 1.3% year-on-year revenue growth in the December quarter, with a slight increase in sequential revenue. CEO Mohit Joshi emphasizes strategic wins and operat...

Business

Wipro Faces a Slight Revenue Dip in Q3, Eyes Optimistic Growth in AI Spending

Wipro reports a slight revenue decline in Q3 but remains optimistic about AI spending growth and operational efficiency. The company focuses on cost optimization and strategic work...

Business

Breaking: New Direct Tax Law to Simplify Income Tax Act in Upcoming Budget Session

Finance Minister Nirmala Sitharaman is set to introduce a new direct tax law in the upcoming budget session, aiming to simplify the 63-year-old Income Tax Act by removing redundant...

Business

JSW Group Accelerates Clean Mobility with a Massive Rs 17,000 Crore Investment

JSW Group announces a Rs 17,000 crore investment in clean mobility, including expansion of its JV with MG Motor and launch of a new 'JSW' brand. Plans include new factories in Guja...

Business

China Implements New Restrictions to Halt Apple and BYD's Manufacturing Shift Amid Trade Tensions

China is tightening controls on the movement of employees and equipment for high-tech manufacturing to India and Southeast Asia, affecting companies like Apple and BYD. This strate...