Business

New Delhi: Quick commerce unicorn Zepto has identified a history of significant operating losses, recent summons from the Enforcement Directorate to its promoters, and intensified regulatory scrutiny over consumer protection as primary risk factors for its upcoming initial public offering (IPO). In its updated Draft...

Mumbai: Corporate India is likely to see salary increments in the range of 8.6 per cent to 10.2 per cent across industries this financial year, primarily driven by sustained demand for skilled and execution-focused talent, a report said Tuesday. TeamLease Services' report, Jobs and Salaries...

Washington: A federal judge Monday ruled that the USD 100,000 fee imposed by US President Donald Trump for H-1B applications was unlawful as it did not have the approval of Congress. "...the Court finds that the Policy imposes a tax on H-1B petitions without the...

New Delhi: The government has reduced the number of subsidised cooking gas cylinders available annually to beneficiaries of its flagship Ujjwala scheme to four, aligning support with average household consumption levels, a senior government official said Monday. Under the Pradhan Mantri Ujjwala Yojana (PMUY), launched...

Mumbai: India reported a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, according to the Reserve Bank data released Monday. The surplus stood at USD 13.7 billion, or 1.4 per cent of GDP, in...

Bhubaneswar: The Odisha Livelihoods Mission (OLM) and IIT-Bhubaneswar Monday signed an MoU to provide business support to rural women entrepreneurs in the state. Through this collaboration, they will receive support in business planning, product development, quality enhancement, market linkages, access to finance, and professional networking,...

New Delhi: Stock market this week will track simmering tensions in West Asia, its impact on crude oil prices, and trading activity of foreign investors, analysts said. The trading week may begin on a cautious note following a sharp decline in the US markets over...

New Delhi: The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.25 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 532.4 points, or...

New Delhi: Indian households continue to pay among the lowest prices for cooking gas globally despite a sharp rise in international LPG prices triggered by disruptions in West Asia, the government said Sunday, a day after increasing domestic LPG prices by Rs 29 per cylinder....

Mumbai: The Nasdaq crash in the US by about 5 per cent is an indication that the AI bubble may burst and if the AI trade cools down and reverse, that can trigger reversal of foreign portfolio investors (FPI) outflows to the Indian markets, analysts...