Business

Uber has introduced ‘Uber for Teens’ in India for youths aged 13-17, starting in Bengaluru, Delhi NCR, and Mumbai. Expansion to 35 more cities such as Ahmedabad, Chennai, Hyderabad, and Pune is planned in the coming weeks. Parents and guardians use the ‘Uber for Teens’ service to set up accounts for their wards. This enables…

Effective April 1, 2025, Club Vistara co-branded credit card issued by IDFC First Bank and SBI will undergo significant changes. Cardholders will no longer receive milestone ticket vouchers and renewal perks as confirmed by the banks in official communications. IDFC First Bank will cease milestone benefits for Club Vistara IDFC First Credit Cardholders by March…

With recent gold price surges, many investors are now considering their investment options. In India, 24K gold at 10g costs ₹86,793, and 22K gold is priced at ₹79,573. Despite a slight dip last week, prices for February have risen by 2.2%. Digital investment forms like Gold ETFs are gaining popularity over physical gold purchases in…

India’s GST collections for February surged by 9.1% to ₹1.84 lakh crore, marking the 12th consecutive month above ₹1.7 lakh crore. This consistent growth reflects a steady rise in tax revenue for the country. In February, gross GST revenue saw a significant rise with domestic revenues growing by 10.2% to ₹1.42 lakh crore, and import…

Today, gold prices in India dropped slightly below ₹80,000 for 10g of 22K gold. Currently, 22K gold is trading at ₹79,590 per 10g and 24K at ₹86,830 per 10g in Mumbai. This decrease follows a recent surge in gold prices. In Delhi and Jaipur, 10g of 22K gold costs ₹79,740 and 24K gold is priced…

Cloud kitchens, ghost kitchens, or virtual kitchens – all thriving in India – operate without physical dining spaces, serving online food orders exclusively. Understanding taxation is crucial for compliance and financial efficiency. Cloud kitchens earning over ₹20 lakh annually must register for GST, with the threshold at ₹10 lakh for northeastern states. Upon registration, they…

Blinkit, a top quick-commerce platform, now delivers Apple products like MacBook Air, iPad, AirPods, and Apple Watch in just 10 minutes. This service is currently available in various Indian cities, including Delhi NCR, Mumbai, and Bengaluru. Founder and CEO Albinder Dhindsa introduced this rapid delivery service on his social media accounts. The introduction of rapid…

Acting President Choi Sang-mok expressed gratitude to King Mohammed VI of Morocco for a major train contract secured by a South Korean company. Hyundai Rotem Co., a subsidiary of Hyundai Motor Group, will provide double-decker electric trains to ONCF under the 2.2 trillion-won deal. Choi, in a letter, thanked the Moroccan government for trusting and…

Cryptocurrency is a popular global investment choice, including in India. Understanding the tax implications of these transactions can be complex for investors. This blog intends to clarify how cryptocurrency transactions are taxed in India, helping investors make informed decisions confidently. In India, not all cryptocurrency transactions are taxable; only select actions like converting to fiat…

Schneider Electric is planning to establish three new manufacturing plants in Kolkata, Hyderabad, and Ahmednagar, as part of its growing investment in India. The company’s CEO, Olivier Blum, revealed that they already operate 31 manufacturing units across the country. At the Elecrama 2025 event, Blum highlighted leveraging AI and digitization for growth in India’s energy…