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Business

What are tariffs and how do they impact you?

Tariffs are often a hot-button issue in economic and political debates. They stand as an import tax on foreign goods to protect the home industry and jobs in the country. They work by making foreign products costly, but how do they really work and what impact do they have on ordinary consumers? Let’s break it

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Business

Hindustan Unilever Limited purchases 90.5% stake in Minimalist for ₹2,955 crore

FMCG giant Hindustan Unilever Limited (HUL) has purchased a 90.5% holding in Jaipur-based skin care company Minimalist for ₹2,955 crore. Announced during HUL’s quarterly results on January 22, this strategic action is a major leap in HUL’s pursuit to enter the direct-to-consumer (D2C) skincare market. Hindustan Unilever Limited Acquires Minimalist HUL also confirmed that it

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Business

India set to be best-performing emerging markets in 2025: Goldman Sachs

Goldman Sachs has predicted India to be one of the best-performing emerging markets in 2025, driven by strong macroeconomic stability and strategic economic policies. The investment bank credits India’s progress to improving trade terms, effective inflation management, and reliable domestic capital. The report expects annual earnings growth of 18-20% over the next 4-5 years. This

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Business

India Inc heads into 2025 with strong balance sheets despite global and domestic challenges

As 2025 rolls in, India Inc will continue to face global tariff tensions and slow down the demand curve. Still, the robust financials of substantial cash reserve would place it on the front lines of such headwinds. According to data from ACE Equities, as of September 30, 2024, cash reserves of BSE 500 companies (excluding

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Business

All You Need to Know About Bihar Business Connect 2024

Bihar will be presenting its highly anticipated Bihar Business Connect 2024, a two-day Global Investors’ Summit to be organized on 19th–20th December 2024 in Gyan Bhawan, Patna. In Bihar, industrialization has become very much significant in recent years. The state is thus going to take the business sector in progress and expect more investors toward

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Business

India denies any communication from US on Adani Group Allegations

India has confirmed it hasn’t received any communication from the US on legal matters concerning Adani Group. The Ministry of External Affairs clarified that no summons or requests have been issued by the US Department of Justice regarding Adani Group Chairman Gautam Adani or other executives. Notably, this is a legal issue involving private individuals

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Business

Reliance Jio Loses Around 80 lakh Subscribers Within 30 Days Amid Market Shifts

India’s telecom sector saw an unexpected jolt in September as Reliance Jio lost subscribers on an unprecedented scale. Data from the Telecom Regulatory Authority of India (TRAI) reveals that telecom giant Reliance Jio documented a net loss of 79.7 lakh users. The heavy decline is considered a hard blow to the company that for long

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Business

Adani Group to Spend $2 billion to Build Mumbai’s Biggest International Conventional Center

The Adani Group has proposed to spend $2 billion on building the Mumbai International Convention Center which will be the city’s largest. Situated a few meters from the international airport operated by the group, the ICC will strive to be a global and city landmark for conducting business and hosting events. The MMRDA in Mumbai

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Business

Russian IT company Pro32 hires 7-year-old coder: What will be his salary?

A young coder from St. Petersburg Russia managed to get a job offer from Pro32 – a Russian IT and software development company. Despite being only 7 years old, Sergey gained professional attention after he started making and posting tutorial videos about coding when he was only five years old. The firm has stated that

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Business

How to Set Up a Financial Plan for Your Small Business

So, you want to start a small business? There are numerous steps to take to achieve your goals, but one of the most important ones is setting up your financial plan. Getting any type of business off the ground requires money and financial planning to ensure success. So, to help you get going with your

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Oscars 2025: Full List of Winners from the 97th Academy Awards