Category: Business

A view of the Life Insurance Corporation of India (LIC) head office in Mumbai. (ANI)
Posted in Business

Your Money: Before buying life insurance, ask these 4 questions

The rise in payouts to banks and other corporate agents that sell life insurance has been more than four times faster than the business they…

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Elon Musk became the world’s first trillionaire in June when SpaceX surged in the wake of its record-breaking initial public offering, but quickly lost that crown as shares then slumped on concerns about the company’s sky-high valuation. (Bloomberg)
Posted in Business

Elon Musk is a trillionaire again as SpaceX claws back post-IPO slump

Elon Musk is a trillionaire again. Elon Musk became the world’s first trillionaire in June when SpaceX surged in the wake of its record-breaking initial…

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The Meta Muse Charm concept as it is envisioned, but it is still some way off from being a final product. (Official photo)
Posted in Business

Do we really need an AI Tamagotchi?

At a recent keynote, when Meta’s Mark Zuckerberg teased an upcoming AI gadget concept, some of you may have been old enough to find more…

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A screen displays a message of the National Stock Exchange (NSE) listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai on September 24 (REUTERS/File)
Posted in Business

Sensex, Nifty open higher amid positive updates ahead of RBI rate decision

Indian shares opened higher on Tuesday, continuing their rebound from the previous session as global developments and positive quarterly business updates comforted investor sentiments ahead…

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Fuel taxes currently vary sharply across states, with petrol and diesel attracting VAT rates of 1% in Andaman and 35.20% and 27% respectively in Telangana. (MINT)
Posted in Business

Expert panel recommends bringing petrol, diesel and ATF under GST regime

An expert panel constituted by India’s downstream petroleum regulator recommended bringing petrol, diesel and aviation turbine fuel under the ambit of the Goods and Services…

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CH Robinson stock falls after $5.8 billion RXO acquisition deal 
 (REUTERS/David 'Dee' Delgado/File Photo) (REUTERS)
Posted in Business

Why is CH Robinson stock down? $5.8 billion RXO deal explained

Shares of CH Robinson Worldwide (CHRW) fell 7.4% in pre-market trading after the company announced a deal to acquire RXO Inc. The deal is worth…

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The 50-share NSE Nifty climbed 133.80 points, or 0.60 per cent, to end at 22,555.75. (ANI) (Representative Image)
Posted in Business

Sensex jumps 473 points, Nifty gains 134 points as softer US jobs data boosts Indian stock market sentiment

Benchmark equity indices Sensex and Nifty ended higher on Monday, as softer-than-expected US jobs data reduced expectations of aggressive monetary tightening by the US Federal…

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The airline said the latest month-on-month rise in ATF prices has crossed 14%, pushing fuel costs to among their highest levels in a decade. (PTI)
Posted in Business

Why is IndiGo hiking fuel charges again?

IndiGo has announced a fresh increase in fuel charges on its domestic and international flights, citing a sustained rise in aviation turbine fuel (ATF) prices….

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On the Multi Commodity Exchange (MCX), the yellow metal for December delivery fell  ₹1,020, or nearly 1 per cent, to  ₹1,49,370 per 10 grams. (REUTERS)
Posted in Business

Gold slips nearly 1% to ₹1.49 lakh/10g as firm dollar keeps lid on bullion recovery

Gold prices fell nearly 1 per cent to ₹1.49 lakh per 10 grams in futures trade on Monday as a stronger US dollar kept a…

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the swift expansion of private capital in healthcare has raised concerns that it may be driving up costs and reducing patients’ access to care. (Pixabay/ Representational)
Posted in Business

Wall Street’s $10 billion India hospital bet sparks a fight over bills

Wall Street came to India chasing one of the world’s greatest hospital growth stories. It found something else too: a fight over who will pick…

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