Business News

Byju's Says US Court Rejection To Lenders A "Win" For "Turnaround Efforts"

Byju's Says US Court Rejection To Lenders A "Win" For "Turnaround Efforts"

Reuters | Thursday August 08, 2024, Bengaluru

Byju's said on Thursday that a US court has shunned its lenders' attempts to block its settlement with the cricket board, calling it a "win" for its "turnaround efforts" in the country where it was once valued at $22 billion.

RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs

RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs

Edited by NDTV News Desk | Thursday August 08, 2024

The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.

In 1st Monetary Policy After Budget, RBI Keeps Key Lending Rates Unchanged

In 1st Monetary Policy After Budget, RBI Keeps Key Lending Rates Unchanged

NDTV News Desk | Thursday August 08, 2024, New Delhi

The Reserve Bank of India (RBI) has kept the benchmark interest rate unchanged for the ninth consecutive time, governor Shaktikanta Das announced today.

Mahender Singh Appointed DLF's Independent Director For 5 Years

Mahender Singh Appointed DLF's Independent Director For 5 Years

Press Trust of India | Wednesday August 07, 2024, New Delhi

DLF Ltd has appointed Mahender Singh as independent director for a period of five years.

Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market

Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market

Indo-Asian News Service | Wednesday August 07, 2024, Mumbai

The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.

Opinion | Don't Catch a Falling Knife: Message From The Market Correction

Opinion | Don't Catch a Falling Knife: Message From The Market Correction

Amitabh Tiwari | Wednesday August 07, 2024

Until there is more clarity on positive developments or limited negative outcomes, investors may be better off booking some profits on their equity investments. As the adage goes, "Don't try to catch a falling knife".

Ola Electric IPO Allotment Today: Step-By-Step Guide To Check Status

Ola Electric IPO Allotment Today: Step-By-Step Guide To Check Status

Edited by NDTV News Desk | Wednesday August 07, 2024, New Delhi

The initial public offering (IPO) of Ola Electric Mobility Ltd, a manufacturer of electric two-wheelers, has concluded. Investors are now awaiting the Ola Electric IPO allotment, which is expected to be finalized on August 7.

Sensex Opens 1,000 Points Higher After Slide Sparked By US Recession Fears

Sensex Opens 1,000 Points Higher After Slide Sparked By US Recession Fears

Edited by Aditi Gautam | Wednesday August 07, 2024, New Delhi

Indian indices opened higher today following a rally in Asian markets as US central bank officials soothed investor nerves.

Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax

Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax

Press Trust of India | Tuesday August 06, 2024, New Delhi

The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.

Gautam Adani Plans To Retire At 70, Shares Succession Roadmap

Gautam Adani Plans To Retire At 70, Shares Succession Roadmap

NDTV Newsdesk | Monday August 05, 2024, New Dehi

Gautam Adani, chairman of the Adani group, plans to step down at 70, he told Bloomberg while sharing his succession strategy for his $213 billion business empire.

Adani Energy Raises $1 Billion, Gets Bids From US Investors, Sovereign Wealth Funds

Adani Energy Raises $1 Billion, Gets Bids From US Investors, Sovereign Wealth Funds

Reuters | Monday August 05, 2024

Adani Energy Solutions raised $1 billion through a share sale, which got bids from US investors and sovereign wealth funds, the power distribution company said on Monday.

Opinion | Missed Opportunities: How India Lost $11 Trillion Between 1971 And 1991

Opinion | Missed Opportunities: How India Lost $11 Trillion Between 1971 And 1991

Abhishek Banerjee, Karuna Gopal | Monday August 05, 2024

In total, the loss to the Indian economy between 1971 and 1991 works out to a mind-boggling $11.246 trillion. That amounts to Rs 942 lakh crore.

Explained: What Led To Global Equities Bloodbath?

Explained: What Led To Global Equities Bloodbath?

Edited by Chandrajit Mitra | Monday August 05, 2024

A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.

Opinion | Can India Create 8 Million Jobs A Year? Here's What The Numbers Indicate

Opinion | Can India Create 8 Million Jobs A Year? Here's What The Numbers Indicate

Amitabh Tiwari | Monday August 05, 2024

For India to benefit from its demographic dividend, it needs to generate productive employment for 7-8 million youths who will join the labour force each year. If not, this dividend could be lost. Can the budget push to achieve these job creation goa

Sensex Slides Over 2,400 Points As Jobs Data Sparks Recession Fears In US

Sensex Slides Over 2,400 Points As Jobs Data Sparks Recession Fears In US

Edited by Aditi Gautam | Monday August 05, 2024, New Delhi

Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.

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