Business

India’s inflation dropped from 5.22% to 4.31% in January, nearing the RBI’s 4% target after staying above 5% for four months. This could lead to rate cuts, as the repo rate stands at 6.25%, per a recent report. The market outlook hints at cautious investor sentiment, likely influenced by macroeconomic factors, sector-specific events, and global…

Top quick commerce platforms Blinkit and Zepto are raising commissions to boost revenue in fierce competition and enhance profitability. Zepto is incrementally increasing rates for users and brands, while Blinkit is using a variable commission model for sellers and brands. The rapid expansion of quick commerce firms has escalated cash burn, impacting investor confidence. This…

BMW Motorrad launched the 2025 C 400 GT maxi-scooter in India at ₹11.5 lakh, ₹25,000 more than its predecessor. The new model features a redesigned windscreen and lower seat height for better accessibility. Imported vehicles in India face high import duties, significantly raising the final price of the BMW C 400 GT. The 2025 BMW…

Bengaluru-based Swish, a 10-minute food delivery start-up, secured $14 million in Series A funding. The round was led by Hara Global from the UK, with participation from Accel. Notable angel investors like Gaurav Munjal, QED Innovation, and Sumer Juneja from Softbank also took part. After funding, Hara Global and Accel will own 13.33% and 27.24%…

The RBI plans to introduce stricter guidelines for gold loans to improve business ethics, enhance financial stability, and address recent audit findings. Proposed changes involve stricter borrower checks and detailed fund usage tracking. The RBI is urging banks and NBFCs to enhance borrower background checks and verify gold ownership when issuing loans to promote standard…

Key Indian IT firms, like TCS, Infosys, Wipro, HCLTech, and Accenture, have reduced bench sizes to safeguard profits and boost utilization rates during slower revenue growth. Having a bench means having idle employees ready for sudden client demands. Experts note that not only have bench sizes shrunk, but also the time employees spend on the…

India’s services sector experienced a significant uptick in February, reflected in the activity index jumping to 59 from 56.5 in the prior month, per the HSBC PMI survey released recently. This growth also boosted job creation to one of the highest levels since 2005, as companies expanded hiring to accommodate new business and alleviate capacity…

The cryptocurrency market lost $300 billion in value in a single day after a brief growth period fueled by Donald Trump’s announcement of US Crypto Strategic Reserves. Bitcoin dropped by nearly 10%, and major altcoins like Ethereum, Solana, and XRP plummeted by 15% or more due to Trump’s imposition of tariffs on China, Mexico, and…

Tata Motors has initiated trials for hydrogen-powered heavy-duty trucks in India to support the green campaign against climate change. The trial, a notable progress for sustainable cargo transport, was inaugurated by Ministers Nitin Gadkari and Pralhad Joshi to promote green energy. The trial, lasting up to 24 months, will test 16 advanced hydrogen-powered trucks on…

The Goods and Services Tax Network (GSTN) updated biometric verification for new GST registrations. Promoters and directors in certain business entities can now verify their biometrics at any GST Suvidha Kendra (GSK) in their home state, instead of visiting a specific GSK. This change applies to promoters/directors in specified company types per the promoter/partner tab.…