Business

Oracle and Microsoft Restructure Workforce as India’s Tech Sector Faces Job Cuts

Layoffs continue to dominate the global tech sector, and India is no exception. Microsoft has placed around 500 employees on…

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UPI Experiences Surge: Digital Payments Reach Record 24.51 Billion Transactions in August

Unified Payments Interface (UPI) achieved a record 24.51 billion transactions in August, marking the first time monthly volumes surpassed 24…

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Transforming a Rs 25,000 Salary into a Rs 1 Crore Corpus: The Power of EPF Compounding at 8.25% Interest with 6% Annual Increments

Being a crorepati, or accumulating a corpus of over Rs 1 crore, is a common financial goal for many in…

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Sun Pharma Provides Affordable Drug Supply to the US Market

New Delhi: Sun Pharma, India’s largest pharmaceutical company, has secured a Most Favoured Nation (MFN) pricing agreement with the US…

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Revised NPS Charges Effective October 1, 2026: Onboarding Fee of Rs 200 and 0.20% Annual Charge

The Pension Fund Regulatory and Development Authority (PFRDA) has announced new charges for Point of Presence (PoP) entities under the…

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Bank Credit Growth Surges to 19.1% in July as Lending Increases Across Multiple Sectors

Bank lending in India experienced a significant surge in July, with non-food bank credit growing by 19.1% year-on-year for the…

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Bank Robbery Leads to Stolen Gold Case Outcomes Revealed

A recent ruling by the Karnataka State Disputes Redressal Commission has clarified the responsibilities of banks regarding gold jewellery pledged…

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Oil Prices Surge Over 2% as US-Iran Direct Conflict Resumes After Month-Long Hiatus

Oil prices surged over 2% on Monday, driven by renewed tensions in the Middle East. Brent crude rose by $1.86,…

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Rupee Declines 13 Paise to 95.56 Amid Rising Crude Prices and Strengthened Dollar from Fed Hike Expectations

Rupee opened weaker on Monday, trading at 95.56 against the US dollar, down 13 paise from its previous close of…

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Expansion of Indian Railways: Enhancing Busiest Routes to Accommodate 41% of National Rail Traffic

Indian Railways is set to enhance its capacity on seven high-density routes by expanding tracks to four lanes. Railway Minister…

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Global Interest Grows as 3,317 Buyers Register for BIRC 2026 in India’s Rice Bowl

India’s rice exporters are gearing up for a significant international event this October, with 3,317 buyers from 138 countries registered…

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India’s Historic Purchase of Russian Crude Oil: Refining and Reselling Petrol Amidst Russia’s Import Needs

India has emerged as a key supplier of gasoline to Russia, filling a significant gap in the latter’s fuel supply.…

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AI Poised to Drive Growth in Indian IT Sector by FY27, Says Anand Rathi

The Indian IT services sector is poised for a potential growth surge as global technology spending shifts towards enterprise-level artificial…

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