Category: Business
Supreme Court bars lenders from forceful loan recovery
The Supreme Court on Wednesday said banks and finance companies cannot use strong-arm tactics to recover loans or treat a loan default as “a licence”…
Gautam Adani no longer richest Asian. This businessman has overtaken him
India’s Gautam Adani is no longer the richest person in Asia, having been overtaken by Zhang Yiming, co-founder of ByteDance, which owns TikTok, according to…
Scott Bessent should stop blaming the bond market
Theodore Roosevelt’s injunction to speak softly and carry a big stick has rarely felt more apt. In mid-August Scott Bessent, America’s treasury secretary, announced with…
Why is SK Hynix considering Intel’s Ohio factory for US AI memory production?
SK Hynix is in talks with Intel to make memory chips in the US for the first time. The talks are focused on finding ways…
TikTok parent’s revenue grows as AI spending pressures profits
ByteDance’s artificial-intelligence spending pressured profit in the first half of the year, but the TikTok parent’s revenue accelerated as a U.S. regulatory overhang cleared, people…
BIS raises gold hallmarking fee to ₹75 per article ahead of festive season
The Bureau of Indian Standards has revised hallmarking charges for gold and silver articles, raising the fee for gold to ₹75 from ₹45, while retaining…
How to build wealth on irregular income
India’s gig economy — freelancers, independent contractors and consultants, delivery partners and platform partners — is booming. The Economic Survey 2025-26 says the segment grew…
Fuel pump transactions, bill and insurance payments, and more: UPI FAQs as MDR kicks in
The new UPI framework has kicked in, bringing changes to how certain merchant transactions are charged. But while the framework introduces a 0.4% merchant discount…
Stock market indices open higher amid hopes of technical rebound after previous lows
Stock market indices Sensex and Nifty opened higher on Wednesday, in lines with the expectations of a technical rebound after the Nifty 50 closed at…
OpenAI collaborating with Google and Anthropic to address AI safety as Chris Lehane weighs in: ‘It’s better to…’
OpenAI has been working with other artificial intelligence companies, including Anthropic and Google, to address AI safety concerns, a spokesperson told CNBC on Tuesday, September…