Business

The gross Foreign Direct Investment (FDI) inflows maintained robust momentum in FY25. (AI image) Foreign direct investment (FDI) into India was reported at $8.8 billion in April, showing a 22% increase compared to the previous year’s figures. This surge assisted the Reserve Bank of India in strengthening India’s foreign exchange reserves whilst managing rupee stability.The…

The government has dismissed recent media reports suggesting that two-wheelers could soon be brought under the toll tax net. The National Highways Authority of India (NHAI) addressed the claims, clarifying that no such proposal is under consideration and there are no plans to introduce toll charges for two-wheelers.In an official post on X, NHAI wrote,…

DS Group reported sales of 750 crore units of Pulse candy at Re 1 per unit. Pulse, a candy that costs Re 1, has become a multi-hundred crore brand in nine years. Dharampal Satyapal Group’s Vice-Chairman Rajiv Kumar anticipates their Pulse candy brand to achieve Rs 1,000-crore revenue within two years, following its successful milestone…

If you’ve recently had a bad experience while travelling on Indian Railways, be it a train running over three hours late, non-functioning AC, or a diverted route, you might be eligible for a refund. The Indian Railway Catering and Tourism Corporation (IRCTC) provides passengers the option to file a Ticket Deposit Receipt (TDR) under several…

Indonesia is drafting a new regulation to tackle its “shadow economy,” making changes to how sellers and platforms operate across the booming online shopping sector.The rule would require e-commerce platforms to collect and remit part of sellers’ sales income to the government, the country’s tax office said.Reuters had earlier reported that the plan involved a…

Panasonic Holdings is exiting India’s refrigerator and washing machine segments, marking a significant downsizing of its consumer electronics business in the country as part of a broader global overhaul. The Japanese electronics major is shuttering the production lines for these products at its Jhajjar factory in Haryana and will now focus on core categories like…

With numerous IPOs in the pipeline, it’s crucial to understand that not every unlisted stock represents exceptional value. (AI image) HDB Financial Services IPO: The pre-IPO market, once considered a privileged route to assured returns, has demonstrated its volatile nature through HDB Financial Services’ recent pricing revelation.The company’s IPO price band of Rs 740 represents…

Chinese officials are avoiding inspection of India-bound consignments. (AI image) China has stopped exports of specialty fertilisers to India over the past two months, whilst continuing to supply other countries, according to senior executives at major importing firms. For India, these fertilisers are crucial for enhancing yields of fruits, vegetables and other profitable crops.The Chinese…

Representative image (Picture credit: AP) Bumble Inc. has announced plans to lay off nearly 30 per cent of its global workforce, affecting 240 employees, in a move aimed at cutting costs and repositioning the online dating firm for long-term growth. The company said it would reinvest savings of around $40 million into product innovation and…

Gold is currently holding a crucial support level around ₹95,800. This zone is significant, as a strong reversal from here could potentially trigger a recovery in prices. (AI image) Gold and silver price prediction today: Gold has been dipping after a recent surge amidst tensions in the Middle East. With the US declaring a ceasefire…