Category: Business
India’s trade deficit narrows before Iran war impact shows on economy| Business News
India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…
PhonePe IPO put on hold as Iran war rattles stock market| Business News
PhonePe Ltd. has deferred its much-awaited IPO in India, citing the impact of the ongoing Iran war on investor sentiment and the wider stock market….
Prices of weight-loss drugs set to halve in India as Ozempic patent expires this week| Business News
Swati Pradhan sees about 12 obesity patients a day at her small clinic in southern Mumbai. She expects this number to at least double from…
China’s Hua Hong readies 7 nm AI chip as Beijing steps up self-sufficiency drive| Business News
China’s Hua Hong Group has developed advanced chip manufacturing technology that can be used to produce AI chips, four people familiar with the matter said,…
IDBI Bank shares tumble after govt stake sale plans reportedly scrapped| Business News
The stock of IDBI Bank Ltd. fell the most since at least June 2024 after reports that the government has decided to scrap its stake-sale…
Adani Total Gas cuts industrial gas prices as supply crunch eases amid Iran war| Business News
Adani Total Gas Ltd., a joint venture of India’s Adani Group and Total Energies SA of France, has cut prices for excess natural gas supplied…
Sensex, Nifty 50 open flat on easing oil supply amid Iran war| Business News
India’s stock market opened flat today, after last week’s worst weekly drop in years confirmed a technical correction, as hopes of easing energy supply worries…
Japan’s Nikkei share average slides again as Iran-US war threatens economy| Business News
Japan’s Nikkei share average slid for a third straight day on Monday as the Middle East crisis threatened longer-term damage to the economy through higher…
Upgrad to acquire Unacademy in all-stock deal| Business News
Ronnie Screwvala’s Upgrad has signed a term sheet to acquire Gaurav Munjal’s Unacademy in an all-stock deal—a move that consolidates India’s edtech sector led by…
Meta Platforms plans sweeping layoffs as AI costs mount| Business News
Meta Platforms Inc. is planning sweeping layoffs that could affect 20% or more of the company, three people familiar with the matter said, as the…









