latest business news

Why Has RBI Revoked Paytm Payments Bank License? Paytm’s Banking Operations Halted In Major Crackdown, Initiates Winding-Up Process

Why Has RBI Revoked Paytm Payments Bank License? Paytm’s Banking Operations Halted In Major Crackdown, Initiates Winding-Up Process

The Reserve Bank of India has revoked Paytm Payments Bank’s licence, citing repeated regulatory violations and risks to depositors.

April 24, 2026

Who Is Sharon Pais? Flipkart Executive Takes Over As Myntra CEO As Nandita Sinha Exits

Sharon Pais has taken over as Head of Myntra, succeeding Nandita Sinha, who will remain in an advisory role during…

April 13, 2026

Who Will Replace Nandan Reddy As Co-Founder Of Swiggy Calls It Quits? Online Food Platform Announces Major Board Reshuffle

Swiggy co-founder Nandan Reddy has resigned, triggering a major board reshuffle with new executive director appointments.

April 10, 2026

Indian Rupee Breaches 95 Per Dollar, Slides To Historic Low: RBI Intervention Offers Brief Relief After Sharp Fiscal Year Decline

The Indian rupee hit a record low past 95 per dollar in a volatile session, ending a tough fiscal year…

March 30, 2026

Why Is Goldman Sachs Planning Job Cuts In April? Renowned Wall Street Bank Replaces Annual Culling With Layoffs Over Several Months

Goldman Sachs is set to roll out targeted layoffs starting April, focusing on underperforming staff while skipping its usual annual…

March 20, 2026

US-Israel Attack On Iran Sends Shockwaves Through India’s Basmati Market Leaving Rice Exporters In Trouble As Prices Drop Overnight

Basmati exports from Haryana have been hit after US-Israel strikes on Iran disrupted shipments via Bandar Abbas.

March 1, 2026

Union Budget 2026: Defence Gets Major Boost After Operation Sindoor, ₹7.85 Lakh Crore Allocated As Centre Pushes Military Modernisation Amid Pakistan And Bangladesh Threat

The Union Budget 2026 allocates ₹7.85 lakh crore for defence, up from ₹6.81 lakh crore last year, reinforcing India’s push…

February 1, 2026

Union Budget 2026: From Alcohol To Cancer Drugs And Mobile Phones, What Gets Costlier, And What Gets Cheaper? Here’s How Your Wallet Is Expected To Be Affected

Union Budget 2026-27 is set to impact household budgets as changes in taxes and duties decide what gets cheaper or…

February 1, 2026

Hindujas With Net Worth Of £35.3 Billion Were Once Convicted For Exploiting Their Indian Servants, Made Them Work 18 Hours, Spent More On Their Dog

Britain’s richest family, the Hindujas, were once sentenced to over four years in prison by a Swiss court for exploiting…

November 4, 2025

Former IMF Chief Economist Gita Gopinath Warns Market Crash Now Would Be Worse Than The Dot-Com Collapse: The Underlying Problem Is…

Harvard professor and former IMF Chief Economist Gita Gopinath warned that the world’s exposure to US equities is at a…

October 16, 2025