Category: Business

Labour Force Participation Rate (LFPR) is the share of population working or looking for a job (PIXABAY)
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Unemployment rate at 4.8% in December| Business News

New Delhi : India’s unemployment rate was 4.8% in December, according to the monthly Periodic Labour Force Survey (PLFS) data released by the National Statistics…

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FILE PHOTO: Preeti Lobana, country manager for India at Google, said Indian startups are building advanced AI solutions but often face difficulties in scaling beyond domestic pilots (REUTERS)
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Google launches Market Access Program| Business News

NEW DELHI: Google on Thursday announced a new programme—Google Market Access Program—to help Indian startups expand into global markets. The programme is designed to help Indian AI…

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Irina Ghose, previously Microsoft India MD, brings to Anthropic AI more than three decades of experience scaling technology businesses and driving AI adoption across industries. (Handout)
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Anthropic taps Microsoft veteran Irina Ghose to lead India ops as users surge| Business News

Anthropic PBC has appointed former Microsoft Corp. executive Irina Ghose as managing director of India operations, a strategic move to solidify its foothold in its…

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The Bombay Stock Exchange (BSE) in Mumbai (Reuters)
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IT stocks lead Sensex, Nifty 50 higher after Infosys raises revenue forecast| Business News

India’s stock market rose today, supported by a surge in IT stocks after Infosys Ltd. raised its full-year revenue growth outlook. The Bombay Stock Exchange…

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Microsoft CEO Satya Nadella (right) and OpenAI's Sam Altman. (AFP)
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OpenAI, Microsoft lose last chance to avoid a trial with Elon Musk| Business News

OpenAI Inc. and Microsoft failed to escape a trial over Elon Musk’s claims that Sam Altman’s startup betrayed its founding mission as a public charity…

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The Flipkart office in Bengaluru. (Reuters)
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Tiger Global’s $1.6 billion Flipkart exit taxable in India: Supreme Court| Business News

The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global’s $1.6-billion stake sale in Flipkart to Walmart in 2018…

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Walmart acquired Flipkart for $37 billion in 2018 in what is still the largest e-commerce deal in India. (Reuters)
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Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case| Business News

Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of…

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A worker sits on a ship carrying containers at Mundra port in Gujarat. (Reuters)
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India’s trade deficit slightly widens to $25.04 billion in December 2025| Business News

India’s trade deficit widened a little last month amid data that showed US exports actually increased in the ongoing fiscal despite 50% tariffs. A worker…

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Soumith Chintala has been appointed CTO of Thinking Machines Lab
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Who is Soumith Chintala, VIT graduate appointed CTO of Thinking Machines Lab?

Soumith Chintala has been appointed CTO of Thinking Machines Lab, the company co-founded by former OpenAI executive Mira Murati. Murati announced that Barret Zoph has…

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Ericsson headquarters in Stockholm, Sweden. (AFP)
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Ericsson plans layoffs in Sweden that’ll affect at least 1,600 jobs| Business News

Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs. Ericsson headquarters in Stockholm, Sweden….

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