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Business
Amazon and Flipkart Elevate Competition in Quick Commerce Sector
MUMBAI: Amazon and Walmart’s Flipkart are intensifying their competition in India’s quick commerce sector. Both companies are investing heavily in dark store expansions, offering aggressive discounts and cashbacks to capture…
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Business
Oil Prices Climb Amid Stalled Iran-US Negotiations and Renewed Supply Concerns
Crude oil prices increased on Wednesday, driven by stalled negotiations between Iran and the United States regarding a final agreement to resolve their ongoing conflict. Brent crude futures rose by…
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Business
Monsoon Uncertainty Impacts Corporate Gains from Declining Oil Prices
MUMBAI: Oil prices have dropped significantly, prompting some analysts to revise India’s headline inflation forecast for the fiscal year. However, uncertainty surrounding the monsoon season is leading consumer firms to…
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Business
Ongoing Acquisition Attempts for German Company Valued at $1.3 Billion
BENGALURU: Persistent Systems has initiated an all-cash bid to acquire Germany’s Nagarro for approximately $1.3 billion. This acquisition could establish a digital engineering and AI powerhouse valued at $2.9 billion,…
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Business
Meet the Visionary Behind Nagarro, the $1 Billion German IT Company
BENGALURU: Manas Human, cofounder of Nagarro, has transitioned from his roots in Dibrugarh, Assam, to the forefront of the digital engineering sector. His journey took him from classrooms in Delhi…
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Business
Moody’s Affirms India’s Resilience Amid US-Iran Conflict and Fiscal Deficit Target Concerns
India is positioned to manage a potential widening of its fiscal deficit this year without jeopardizing its investment-grade sovereign rating, according to Moody’s Ratings. The agency noted that while concerns…
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Business
Enterprises Embrace AI in a Cost-Conscious Era to Maximize Returns
NEW DELHI: The enterprise AI landscape is shifting towards a more disciplined approach as companies reassess their investments. After two years of rapid deployment and increased computing demands, businesses are…
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Business
NHAI Accelerates Arbitration Process with Enhanced Monitoring Measures
NEW DELHI: The National Highways Authority of India (NHAI) has recently achieved significant victories in arbitration cases, attributed to improved arbitrator quality, stricter case monitoring, and the implementation of artificial…
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Business
Adani Case: New York Judge’s Procedural Inquiry Explained
NEW YORK: A U.S. federal judge has requested additional information from prosecutors regarding the dismissal of criminal charges against billionaire Gautam Adani. This procedural step does not indicate that the…
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Business
5 Tasks That Are Often Forgotten About When You Move House
Moving house comes with a long list of obvious jobs. Packing boxes, booking movers, changing your address, and cleaning your old place usually sit right at the top. However, it…
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Business
Key Financial Changes Effective July 1: Impact on ITR, Aadhaar, Passport Fees, and Banking Regulations
Several financial changes will take effect on July 1, 2026, impacting taxpayers, bank customers, credit card users, passport applicants, and Aadhaar holders. Key adjustments include modifications to credit card benefits,…
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Business
Understanding ITR Filing: Find the Right Tax Return Form for Your Needs Eligibility Criteria for ITR-1 to ITR-7 Explained
Filing income tax returns (ITR) for the financial year 2025-26 requires careful selection of the appropriate form, especially for salaried taxpayers who often confuse ITR-1 and ITR-2. There are seven…
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Business
China Accelerates Sulphur Futures Initiative Amid Price Volatility from Iran Conflict
China is set to launch its first sulphur futures contracts this year, driven by heightened price volatility due to the ongoing conflict in Iran. This move aims to provide a…
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Business
Crude Oil Prices Hold Steady at $75 as Tankers Navigate Hormuz Following Four Months of Turmoil
Crude oil prices dipped on Friday as fears of supply disruptions eased with increased tanker movement through the Strait of Hormuz. As of 7 am IST, Brent crude was priced…
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Business
Companies Express Enthusiasm for Quick Commerce Growth
Amazon CEO Andy Jassy, who has been with the company since 1997, announced a significant investment plan during his first visit to India as chief executive. The company will invest…
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