Food Deliveries To Get Costlier As Zomato, Swiggy Hike Platform Fee By 20%
Food delivery giants Zomato and Swiggy have hiked their platform fees, which can lead to costlier deliveries. Fees have hiked...
Business & Economy
Softbank Exits Paytm at a Loss of Around $150 Million at the End of the June Quarter
Japan’s Softbank investment arm, Softbank Vision Fund, offloaded its remaining 1.4% stake in Paytm and exited the fintech major at...
DGCA Approves Tata Group’s Landmark Merger of Vistara with Air India
Tata group airline moves a step closer to merger, as aviation regulator DGCA gave its acceptance for merging Vistara into...
World Bank Approves $1.5 Billion to Accelerate India’s Low-Carbon Energy Development
July 1, 2024 – The World Bank’s Board of Executive Directors has approved $1.5 billion in financing for a second...
Challa Sreenivasulu Setty Recommended by FSIB as New SBI Chairman
The Financial Service Institutions Bureau (FSIB) recommended Challa Sreenivasulu Setty, the senior-most managing director of the State Bank of India,...
ICICI Bank Surpasses $100 Billion Market Capitalization, Becoming the Sixth Indian Company to Join the League
ICICI Bank becomes the second-largest Indian bank by market capitalization after HDFC Bank, hitting a record high in market capitalization...
Microsoft Back to the Top as World’s Most Valuable Company, Nvidia Slips to Second Position Again
Microsoft regains the top position as world’s most valuable company after the stock price of Nvidia dropped by 3.4% on...
End of Saudi-U.S. Petrodollar Pact Signals Potential Decline of Dollar Dominance
The petrodollar agreement, or we can say collaboration, between the United States and Saudi Arabia came to an end on...
Hyundai Files for IPO, Potentially India’s Biggest IPO Surpassing LIC
It is likely to be seen as India’s biggest IPO since LIC, which set a record by selling shares worth...
RBI Annual Report: Optimistic Economic Outlook Amid Climate Risks and Geopolitical Tensions
The Reserve Bank of India's (RBI) annual report for 2023-24 highlights cautious optimism about India's economic growth despite potential challenges...
