Illustration depicting a mobile phone with a digital currency symbol and connectivity bars, representing offline CBDC functionality.
Business

RBI’s Initiative for Enhanced CBDC Features

The Reserve Bank of India (RBI) has announced plans to introduce additional functionalities to its Central Bank Digital Currency (CBDC) for retail payments, as stated

natural gas pipelines against a backdrop of industrial infrastructure.
Business

India Renews $78 Billion Qatar Gas Deal with Significant Savings

India has renewed its liquefied natural gas (LNG) import deal with Qatar, extending it for another 20 years till 2048. The deal, valued at USD

Image of Paytm CEO Vijay Shekhar Sharma meeting with Finance Minister Nirmala Sitharaman amid RBI clampdown.
Business

Government’s Response to Paytm CEO Amid RBI Clampdown

Vijay Shekhar Sharma, CEO of Paytm, faced a challenging situation after the Reserve Bank of India (RBI) imposed restrictions on the company’s digital wallet and

Illustration depicting the RBI logo and a magnifying glass, symbolizing regulatory scrutiny on Paytm.
Business

Understanding the Paytm Crisis: RBI Crackdown Explained

Introduction: Paytm’s Recent Challenges Paytm, India’s leading fintech unicorn, has recently faced regulatory scrutiny from the Reserve Bank of India (RBI), leading to significant developments

Illustration depicting financial documents and a magnifying glass, symbolizing a probe into Mahadev Online Book's GST evasion.
Business

Mahadev Online Book Promoters Face Probe Over INR 30,000 Cr GST Dues

Introduction: DGGI Investigates Mahadev Online Book The Directorate General of GST Intelligence (DGGI) has launched a probe into Mahadev Online Book promoters for alleged Goods

erome Powell, Chairman of the U.S. Federal Reserve, during a televised interview discussing interest rate policies.
Business

Fed Chair Powell Cautions Against Hasty Rate Cuts, Expects Prudent Approach

Introduction Jerome Powell, the chairman of the United States Federal Reserve, has indicated that the central bank may delay interest rate cuts beyond March, emphasizing

BYJU's founder Byju Raveendran addressing employees amid financial challenges, expressing gratitude for their dedication.
Business

BYJU’s Founder Grateful as January Salaries Processed Amid Financial Struggles

Meeting Payroll Challenges BYJU’s, the ed-tech giant, faced a financial crisis leading to reported delays in January salary payments. In an email to employees, Founder

Stock market data displayed on a computer screen showing Paytm's share price decline.
Business

Paytm Shares Plunge 20% Amid RBI Restrictions: Unraveling the Scenario

Stock Downturn Paytm’s share price faced a relentless downward spiral, plummeting by 20% for the second consecutive session. Opening at ₹487.05, it hit the lower

Harsh Goenka's humorous depiction of Budget 2024, combining Bollywood movie references with key budget highlights.
Business

Harsh Goenka’s Cinematic Take on Budget 2024 Goes Viral

Introduction After Finance Minister Nirmala Sitharaman presented the interim budget for 2024-25, industrialist Harsh Goenka shared his humorous and filmy perspective on social media. The

Elon Musk, CEO of Tesla, loses $50 billion pay package, impacting his status as the world's richest person.
Business

Elon Musk Loses $50 Billion Tesla Pay Package: What Comes Next?

World’s Richest Person Title Shifts Elon Musk, Tesla’s CEO, has lost his title as the world’s richest person to Bernard Arnault of LVMH after a