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Despite higher interest rates, US job openings remain high at 8.1 million. This surprising data reveals a complex economic picture. While the job market is strong, signs of a slowdown emerge with declining openings and rising layoffs. The Fed navigates a balancing act to curb inflation without triggering a recession.
Business

America’s Job Market: A Balancing Act Between Growth And Inflation

The US labor market keeps surprising people. According to a recent report, despite the Federal Reserve’s efforts to cool the economy through higher interest rates,

Olympic champion PV Sindhu has invested in the D2C wellness brand Hoop, founded by ex-McKinsey consultants Twinkle Uppal and Saharsh Agarwal. Sindhu will also serve as a brand ambassador, promoting Hoop’s pain relief, muscle recovery, and sleep support products. Hoop, backed by notable investors and part of the Sequoia Spark fellowship, aims to revolutionize the wellness market. Learn more about Sindhu's latest venture and Hoop's journey in the booming D2C sector.
Business

PV Sindhu Invests Undisclosed Amount In D2C Wellness Brand Hoop

Olympic champion PV Sindhu has made an additional investment in the Direct-to-Consumer (D2C) wellness company Hoop, a move into the Indian startup sector. Hoop reported

HDFC Bank has announced a scheduled system upgrade on July 13, 2024, which will temporarily impact its Unified Payments Interface (UPI) services. The upgrade is aimed at enhancing the bank's performance, capacity, and reliability. During this period, UPI services will be unavailable at two specific times.
Business

HDFC Bank To Temporarily Halt UPI Services On July 13: Detailed Schedule And Recommendations

HDFC Bank has announced a scheduled system upgrade on July 13, 2024, which will temporarily impact its Unified Payments Interface (UPI) services. The upgrade is

In a recent statement, Hindenburg Research has sharply criticized the Securities and Exchange Board of India (SEBI) for its handling of the allegations made against the Adani Group in Hindenburg's January 2023 report. The US-based short-seller accused SEBI of failing to address the alleged fraud and corporate misconduct outlined in their report on the Indian conglomerate led by billionaire Gautam Adani.
Business

Hindenburg Lashes Out At SEBI Over Adani Report

In a recent statement, Hindenburg Research has sharply criticized the Securities and Exchange Board of India (SEBI) for its handling of the allegations made against

German automaker Volkswagen is looking to shake things up in the Indian market. After over two decades of operation and $2 billion in investment, the company has yet to gain significant traction. In response, VW is in talks to sell a stake in its Indian business to a local partner.
Business

Volkswagen Seeks Local Partner In India, Aims To Revamp Strategy

German automaker Volkswagen is looking to shake things up in the Indian market. After over two decades of operation and $2 billion in investment, the

Flipkart crushes video commerce with 75 million users engaged in 1st half of 2024. Liveshop+, Vibes, and influencer partnerships drive video shopping boom, while Indian live commerce struggles. Is video commerce the future of online shopping? pen_spark tune share more_vert
Business

Flipkart Scores Big With Video Commerce: 75 Million Users Engaged In First Half of 2024

Flipkart’s video commerce strategy is proving successful, with over 75 million users engaging with its features in the first half of 2024. This translates to

Investors withdrew Rs 1,400 crore from Quant Mutual Fund amid regulatory scrutiny over alleged front-running. Despite the redemptions, the fund maintains strong liquidity and operational normalcy, assures CEO Sandeep Tandon. Quant MF's rapid growth and robust investment strategies remain key strengths as the firm navigates these challenges.
Business

Investors Pull Out Rs 1,400 Crore From Quant Mutual Fund Amid Regulatory Scrutiny

Quant Mutual Fund, a prominent player in India’s rapidly growing asset management industry, has recently come under the spotlight due to significant investor withdrawals and

Key stocks to watch include Stanley Lifestyles, Reliance, HCL Tech, Polycab, RVNL, Ambuja, RBL Bank, AU Bank, JSW Infra, and more as significant market movements and strategic decisions are set to influence their performance on June 28, 2024.
Business

Stocks In The News: Stanley, RIL, HCL Tech, Polycab, RVNL, Ambuja, RBL Bank, AU Bank, And JSW Infra

As the Indian stock market continues to thrive, several stocks are set to capture the spotlight before the opening bell on Friday, June 28, 2024.

The Bombay High Court has directed Zee founder Subhash Chandra to provide documents requested by SEBI in a fund diversion case, complying with the March 27 summons.
Business

Bombay High Court Directs Zee Founder Subhash Chandra To Respond To SEBI Summons

Fund Diversion Case The Bombay High Court has instructed Subhash Chandra, founder and chairman emeritus of Zee, to comply with SEBI’s March 27 summons regarding

A number of online gaming companies have been asked to provide comprehensive information about cashbacks offered between October 1, 2023, and June 15, 2024, by the Directorate General of GST Intelligence (DGGI). The DGGI has discovered that these businesses have been reimbursed for taxed funds that they have provided as cashback in several promotional accounts.
Business

DGGI Investigates Cashback Offers By Online Gaming Companies Since October 2023

A number of online gaming companies have been asked to provide comprehensive information about cashbacks offered between October 1, 2023, and June 15, 2024, by