Business
Stay updated with the latest business news, analysis, and trends

India Gold Prices Jump 4.1% in May, Outpacing Global Markets
Discover why India’s gold prices surged 4.1% in May, defying global trends due to local currency weakness and policy shifts, as per the World Gold Council.

Karnataka Invests in Deeptech & Quantum Computing; FirstClub Raises $55M
Karnataka accelerates deeptech and quantum computing. Quick commerce app FirstClub secures $55M Series B funding for expansion. India’s tech sector thrives.

Pune Family’s ₹2.2 Lakh Monthly Spend Sparks Overspending Debate
A Pune family’s ₹2.2 lakh monthly expenses for three ignite a debate on urban Indian overspending, focusing on EMIs and rent as major cost drivers.

Cut Health Insurance Claim Costs: Proactive Policyholder Steps
Learn proactive steps policyholders can take to reduce out-of-pocket health insurance claim costs. Understand your policy, verify network hospitals, and avoid unexpected expenses.

EPFO Interest Rate 8.25% for FY26; Credit Delayed
EPFO confirms 8.25% EPF interest rate for FY2025-26. Expect interest credit between June-September 2026. Stay informed on your retirement savings.

StrictlyVC LA: Defense Tech, AI & VC Insights
Join investors, founders & tech leaders at StrictlyVC Los Angeles on June 18 for key discussions on venture capital, defense tech, and AI.

Peak XV Partners Sells ₹100 Cr Go Digit Shares
Peak XV Partners divests ₹100 Cr in Go Digit shares via block deal. Aditya Birla MF and JP Morgan Taiwan Fund were key buyers. Learn more about this market move.

Friale Sells Groww Shares for ₹210.4 Cr; Goldman Sachs Buys
US investment firm Friale divests 1.13 crore Groww shares for ₹210.4 Cr in a block deal. Goldman Sachs acquires the entire stake, indicating investor profit-booking.

Coal Ministry Boosts Gasification: 100 MT Target by 2030
India’s Coal Ministry seeks applications for financial incentives to drive coal gasification projects, aiming for 100 million tonnes by 2030. A push for cleaner energy tech.

Ola Electric Secures ₹780 Cr QIP for EV Growth
Ola Electric raises ₹780 crore via oversubscribed QIP, boosting its EV expansion plans and investor confidence in India’s competitive electric vehicle market.

India’s Surya Ghar Solar Scheme: 7.5M Homes Target
India’s PM Surya Ghar solar scheme is set to reach 7.5 million homes by year-end, accelerating rooftop solar adoption and benefiting millions with free electricity.

Helion Raises $465M for Microsoft Fusion Power Plant
Fusion startup Helion, backed by Sam Altman, secures $465M to build a power plant for Microsoft by 2028, advancing clean energy goals.

Inox Clean Energy Acquires Vena Energy India for Rs 6,000 Cr
Inox Clean Energy acquires Vena Energy India’s 6 GW renewable portfolio for Rs 6,000 crore, marking a significant expansion in India’s clean energy sector.

Supreme Court: States Can Raise Mining Royalties Post-Law Change
Supreme Court rules states can charge higher mining royalties after law changes post-tender, upholding Karnataka’s decision. Learn about the impact on mining contracts.

Occasional Smoking Increases Health Insurance Premiums
Experts warn that even occasional smoking can lead to significantly higher health insurance premiums, potentially increasing costs by 30-50% compared to non-smokers.

Manav Garg Named Executive Chairman of AI Startup Emergent
Manav Garg, Together Fund co-founder, is the new Executive Chairman of AI startup Emergent, signaling a strategic push into AI-driven business growth and operations.

West Bengal & Adani Ports Ink Rs 10,000 Cr Investment Deal
West Bengal government partners with Adani Ports via MoU to unlock Rs 10,000 crore investment, aiming to significantly boost state’s economic growth and development.

High Earners in India Struggle with Wealth Building
Discover why high-earning Indians face wealth-building challenges due to social pressures, choice paralysis, and high taxes, often prioritizing luxury over savings.

Maruti Suzuki Launches India’s First Flex-Fuel Wagon R
Maruti Suzuki introduces India’s first flex-fuel Wagon R, boosting energy security, cutting oil imports, and lowering emissions. A win for sustainability and farmers.

PhysicsWallah Halts Student Lending, Shares Soar 18%
PhysicsWallah reverses its student financing plan via FinZ Finance, shifting to third-party NBFC partnerships. Shares jump nearly 18% following the strategic pivot.

Stealth Oil Flows from Hormuz Challenge Market Gauging
Tankers using stealth tactics to exit the Strait of Hormuz are increasing oil flows, making it harder for traders to gauge global market dynamics and increasing uncertainty.

Dearness Allowance India: FAQs on Salary, Tax & ITR
Confused about Dearness Allowance (DA) in India? Get answers on salary credit, tax implications, and ITR reporting. Essential for Indian taxpayers.

India Eyes SMRs for Defence & Data Centers
India explores Small Modular Reactors (SMRs) for secure, clean power in defence and data centers. Experts highlight SMRs’ potential despite cost and regulatory hurdles.

India Reviews West Asia Crisis Impact on MSMEs
India’s MSME Minister Jitan Ram Manjhi directs officials to monitor West Asia crisis risks, focusing on supply chains, exports, and raw material availability for the sector.

Tamil Nadu Engineering Applications Surge: AICTE Approval Pending
Nearly 300,000 students applied for engineering courses in Tamil Nadu, showing high demand. AICTE approval for counselling dates is still awaited, leaving applicants in suspense.

Avoid Filing ITR Too Early: Tax Data Updates Can Cause Issues
Indian taxpayers: Filing your Income Tax Return (ITR) too early might be a mistake. Updates to Form 26AS, AIS, & TIS can lead to mismatches and refund delays. Learn why.

Kuku Files for ₹3,500 Cr IPO: Audio OTT Startup Eyes Major Expansion
Audio OTT platform Kuku has confidentially filed its DRHP to raise ₹2,500-3,500 Cr via IPO, targeting a ₹15,000 Cr valuation. Funds for tech, AI, content, and expansion.

India’s New Grid Rules: Clean Energy Investment at Risk
India’s stricter grid rules for solar and wind projects are alarming investors, potentially jeopardizing ambitious clean energy goals by reducing returns and slowing investment.

Social Security Payments May Drop $500/Month by 2032
Millions of Americans could face over $500 monthly cuts to Social Security benefits by 2032. Learn about the potential impact on retirees and financial stability.

Ranveer Singh’s Don 3 Exit: Bollywood Contract Gaps Exposed
Ranveer Singh’s departure from Don 3 reveals significant contractual issues in Bollywood. Experts call for clearer exit clauses in film agreements to prevent disputes.