Business

StanChart to sell select credit cards biz to Federal Bank

Federal Bank is set to acquire a credit card portfolio of approximately 4.5 lakh cards from Standard Chartered Bank, India.…

6 months ago

Amazon’s quick-commerce monthly orders up 25%, scale gaps stay

Amazon's ultrafast delivery service, Amazon Now, is seeing impressive growth in India, with orders climbing 25% monthly. Prime members are…

6 months ago

Bombay high court sets aside 1,500 crore IGST demand against Tata Sons

Bombay High Court has quashed a Rs 1,524 crore IGST notice issued to Tata Sons. The court ruled that Docomo's…

6 months ago

State-run banks hire over 50,000 in FY26, a rise of 33%

Public sector banks significantly boosted their workforce in the last financial year, hiring 50,552 employees, a 33% increase from the…

6 months ago

Rupee breaches 95 intra-day as crude leaves markets guessing

The rupee hit a record low of 95.33 against the dollar on Thursday, driven by surging crude oil prices and…

6 months ago

Safe haven: RBI brings back another 104MT of gold

India's central bank significantly boosted its gold reserves, bringing back 104 metric tonnes domestically between October 2025 and March 2026.…

6 months ago

FDI inflows likely to have crossed $90 billion in FY26

India's foreign direct investment is projected to surpass $90 billion in 2025-26, marking a significant increase driven by enhanced investor…

6 months ago

HUL raises prices as war inflates input costs

Hindustan Unilever (HUL) has implemented price hikes of 2-5% due to 8-10% cost inflation, primarily driven by soaring oil prices…

6 months ago

Voda Idea gets over 23,000 crore respite in payment to government

Vodafone Idea has received significant relief as the Department of Telecom reassessed its Adjusted Gross Revenue (AGR) dues to Rs…

6 months ago