News Briefs

442 ARTICLES

News Briefs
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RBI keeps repo rate unchanged at 5.5% amid global trade uncertainties

The central bank hit pause after recent rate cuts, citing the need to assess their impact as well as factor in low inflation and external pressures.

06 Aug 2025

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Airtel reports 43% rise in Q1 net profit, outshines Jio

The telecom major reported strong first-quarter results, supported by steady growth in revenue per user and continued momentum in its India mobile business.

05 Aug 2025

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China’s Ant Group to fully exit from Paytm with Rs 3,800 crore stake sale

The Alibaba affiliate intends to sell its remaining 5.84% equity stake in the Indian fintech, which just posted its first profitable quarter.

04 Aug 2025

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ED arrests former Axis Mutual Fund manager in front-running case

The crackdown on Viresh Joshi, the alleged ‘mastermind’ behind the Rs 200-crore scandal, followed raids across eight cities.

03 Aug 2025

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DMart’s store additions are just half the story

Aggressive expansion by India’s largest grocery retailer has not managed to boost growth. Should investors temper expectations?

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Trump announces 25% tariffs on India, along with additional penalties

The US President cited India’s trade barriers and ties with Russia in his announcement just ahead of the 1 August deadline.

30 Jul 2025

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BluSmart enters insolvency over financial default

Anmol Singh Jaggi’s EV ride-hailing company faces its latest setback as the NCLT admits an insolvency plea against it.

29 Jul 2025

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IndusInd Bank turns profitable again, deposits shrink to five-quarter low

The bank reported a profit in the first quarter of 2025-26 on the back of an increase in revenues and a drop in provisions sequentially.

28 Jul 2025

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TCS to lay off 12,000 employees

The IT services company will lay off 2% of its workforce, affecting employees across domains and geographies.

27 Jul 2025

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India, UK sign historic free trade agreement

The deal eliminates many tariffs, boosts market access and marks a major shift in both countries’ global trade strategies.

24 Jul 2025