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Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…

PTI   


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Ixigo makes a solid debut on stock exchanges, but what's next for the share?

The company, which has a stronghold in India's OTA market, operates across the travel and hospitali…

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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Musk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.

Elon Musk and Vivek Ramaswamy have floated trimming headcount at government agencies. BI looked at …

Ayelet Sheffey,Madison Hoff   


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Coal India's contribution to govt exchequer rises 6.4% to ₹60,140 crore in FY24

Total levies paid to the government in March 2024 also went up by 14.8 per cent to Rs 6,069.18 c…

PTI   


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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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4 mins read

A boomer who retired with a $2 million net worth despite working modest jobs shares his advice on retiring comfortably

An Idaho couple retired with a $2 million net worth by living frugally and making smart investment …

Noah Sheidlower   


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Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

PTI   


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IRCTC share price falls over 5% as government's offer for sale kicks off

The OFS includes base issue size of 2 crore shares or 2.5 per cent stake, with an option to ret…

PTI   


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Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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6 mins read

How YouTube became a TV powerhouse and how much ad revenue it makes

YouTube dominates TV streaming, surpassing Netflix, with free content and live sports, making it in…

Lucia Moses   


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IRCTC stock recovers losses as government reportedly withdraws decision on convenience fee revenue share

The Indian government has reportedly withdrawn its decision of asking 50% of Indian Railway Caterin…

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3 mins read

Why is a music festival causing controversy in Goa?

The Sunburn festival, scheduled in South Goa in December 2024, sees opposition over relocation, tic…

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CBI searches 12 locations in illegal ticket sales through IRCTC website case

The case was lodged by the CBI on March 1, 2021. "During investigation, it was found that the…

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4 mins read

Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%

Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …

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3 mins read

The strong financial performance of MakeMyTrip, EaseMyTrip and IRCTC hints towards a larger travel recovery in India

Indian Railways Catering and Tourism Corporation (IRCTC) as well as online ticketing platforms Ease…

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3 mins read

Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…