Business

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions … Read more

Asian markets fell sharply on Friday as an extended sell-off in US technology stocks continued to weigh on investor sentiment. The losses came amid growing concern over heavy spending on artificial intelligence and uncertainty about when those investments will deliver returns. In Hong Kong, HSI was down 304 points or 1.13% as on 10:20 am … Read more

Cryptogiant Bitcoin has suffered sharp losses since the beginning of 2026, tumbling over 20%. The digital currency has given up almost half of its value since October’s record peak of over $124,000, sliding to $67,000, now worth less than it was at the start of President Donald Trump’s second term. Bitcoin is often pitched as … Read more

MUMBAI: Nykaa’s net profits more than doubled to Rs 67.7 crore on a consolidated basis in the Dec quarter from Rs 26.4 crore in the year-ago quarter. Revenue from operations increased to Rs 2,873.2 crore from Rs 2,276.2 crore in the year ago period on the back of robust consumer demand for beauty products and … Read more

The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup … Read more

Misleading ads: SC verdict (AI image) Targeting to safeguard consumers against misleading advertisements, the Supreme Court, on 07.05.2024, ordered that no advertisement shall be posted, broadcast, aired or shown without a prior self-statement by the advertiser purporting that the advertisement is not misleading. The Court relied on its constitutional authority to impose what it considered … Read more

Sebi on Thursday barred 15 individuals from securities markets for three years and imposed a total penalty of Rs 3.6 crore for manipulating shares of Unison Metals through misleading stock recommendations circulated on telegram channels. In addition, the regulator directed 10 individuals to disgorge an unlawful gain of over Rs 3.87 crore, which is to … Read more

When India and the United States announced a breakthrough trade agreement this week after months of tense negotiations, tariffs dominated the headlines. But beneath the numbers and celebrations lay another issue that is far more political than commercial – oil — who India buys it from, and who it is expected to buy from in … Read more

Bitcoin slipped below $70,000 on Thursday for the first time since Donald Trump’s election victory in November 2024, as the world’s largest cryptocurrency remained under pressure from a broader pullback in risk assets, AFP reported.The cryptocurrency dropped to as low as $69,821.18 before moving back above the $70,000 level. The decline comes after Bitcoin had … Read more

Bharti Airtel reported a sharp decline in consolidated net profit for the December 2025 quarter, with earnings falling about 55 per cent year-on-year to Rs 6,630.5 crore, mainly due to higher network operating costs, statutory fees and employee expenses.The company had posted a consolidated profit of Rs 14,781.2 crore in the corresponding quarter last year, … Read more