ABC News - Business (2 minutes ago)
An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores’ suppliers with unpaid bills and caused a rift with Amazon, one of Saks Global’s minority investors
ReadThe Hindu - Business (2 minutes ago)
The counsel for the low-cost air carrier told a Bench of Chief Justice D.K. Upadhyaya and Justice Tejas Karia that refund for the cancelled flights had been processed, and compensation was also being offered in terms of the civil aviation requirements for cancellation of flights
ReadThe Times of India - Business (12 minutes ago)
India's banks are seeing their deposit base struggle to keep up with surging commercial credit demand. While bank credit still dominates, its share in funding is shrinking as non-bank sources like NBFCs and bond markets gain prominence. This indicates a significant shift in how businesses are financed, with banks facing increasing pressure.
ReadCBC - Business (15 minutes ago)
After years of seemingly unlimited growth for the craft beer industry, the party is winding down. Sales are down and the number of breweries in Canada has started to decline, a shift driven by a mix of cost pressures and changing consumer tastes and social habits.
ReadCBC - Business (15 minutes ago)
Netflix will pay for Warner Bros. Discovery's streaming and studio division entirely in cash to edge out its rival Paramount — the latest chapter in a months-long saga that, once concluded, could significantly change the global entertainment industry.
ReadThe Times of India - Business (An hour ago)
IndiGo's net profit plummeted 78% to Rs 549 crore in the December quarter, impacted by Rs 577 crore in operational disruptions and Rs 1,000 crore from labour code provisions. Despite flight cuts and fare caps, total income rose 6.7% to Rs 24,541 crore, with the airline carrying 12.4 crore passengers in 2025.
ReadThe Times of India - Business (An hour ago)
US regulators are seeking court permission to email summons directly to Indian billionaire Gautam Adani and an executive, after India twice refused to serve them. The SEC alleges fraud and a bribery scheme. Adani Group denies the claims, vowing to fight them. India cited procedural issues and questioned the SEC's authority for the rejections.
ReadThe Times of India - Business (2 hours ago)
Indian missions are being instructed by the PMO and commerce department to prioritize trade engagement with all countries, regardless of current export size. This strategic shift aims to diversify India's export basket and import sources, with embassies tasked with identifying and pursuing opportunities in markets of all scales to build future...
ReadThe Times of India - Business (2 hours ago)
India's exports to the EU will continue to enjoy preferential tariffs on a specific list of products until December 2028, following a renotification by the European Union. While some benefits have been reduced, this extension offers continued support. Furthermore, a potential India-EU Free Trade Agreement, expected soon, is poised to boost several...
ReadThe Times of India - Business (2 hours ago)
Fintech giant PhonePe is preparing for its stock market debut, aiming to raise Rs 12,000 crore. Major investors Tiger Global and Microsoft are fully exiting their stakes as Walmart, the majority owner, reduces its shareholding. This move marks the first Indian venture from Walmart to go public, following a confidential IPO filing last September.
ReadThe Times of India - Business (2 hours ago)
US private equity firm General Atlantic is acquiring a minority stake in Indian snack food maker Balaji Wafers for over Rs 2,000 crore. This investment values the Rajkot-based company at approximately Rs 35,000 crore. The deal aims to support Balaji Wafers' expansion, innovation, and professional team development as it targets an IPO in five years.
ReadThe Times of India - Business (3 hours ago)
NRIs in the UAE cannot legally pay property deposits for friends in India due to Indian foreign exchange laws. Attempting to do so risks serious violations of FEMA, leading to investigations by the Enforcement Directorate and hefty penalties. Buyers must use authorised channels like the RBI's LRS or local UAE financing for compliant transactions.
ReadThe Times of India - Business (3 hours ago)
US inflation stayed high in November, exceeding the Federal Reserve's target. This suggests policymakers will likely hold interest rates steady. Consumer spending showed strength, but economists warn of weakening fundamentals. The Fed is assessing earlier rate cuts and new trade pressures. Core inflation also remained elevated, indicating slow...
ReadThe Times of India - Business (4 hours ago)
Eternal founder Deepinder Goyal has returned over Rs 1,000 crore in unvested ESOPs, expanding the company's pool by 16% to aid talent retention. This move coincides with Goyal stepping down as Group CEO to become Vice Chairman, with Blinkit's Albinder Dhindsa taking over as Group CEO. Goyal will focus on long-term strategy and governance, while...
ReadThe Hindu - Business (4 hours ago)
India's growth story rests on aggregate comfort, but a closer look shows households saving less, borrowing more, and absorbing risks once shared more broadly; beneath stable growth and steady consumption, a growing fragility builds in household finances
ReadThe Times of India - Business (6 hours ago)
US equities climbed on Thursday, recovering losses as President Trump eased tariff threats linked to Greenland. Major indices saw gains, extending a relief rally sparked by his softer tone at the World Economic Forum. Despite the rebound, indices remain lower for the week following earlier tariff concerns.
ReadThe Times of India - Business (7 hours ago)
India's exports to the EU face significantly higher import tariffs from January 1, 2026, as the EU suspends GSP benefits for 87% of Indian goods. This withdrawal ends preferential access, impacting price-sensitive sectors like garments and coinciding with the EU's Carbon Border Adjustment Mechanism, creating a double pressure on exporters.
ReadThe Times of India - Business (7 hours ago)
The US economy experienced its fastest growth in two years during the July-September quarter, fueled by strong consumer spending and a surge in exports. Despite this robust GDP expansion, job creation remained subdued, and persistent concerns over the high cost of living continue to impact public confidence.
ReadThe Times of India - Business (9 hours ago)
Education leaders are urging Budget 2026 to boost skilling, digital infrastructure, and higher education financing. They emphasize outcome-focused spending, particularly in rural areas, to solidify India's global education hub ambitions. Key calls include incentivizing 'Last-Mile Skilling,' improving classroom impact through digital tools, and...
ReadThe Times of India - Business (10 hours ago)
Indian stock markets rebounded on Tuesday, with Sensex and Nifty closing higher. Positive global sentiment, fueled by US tariff withdrawal and trade deal optimism, boosted domestic equities. While corporate earnings offered limited support, strong domestic demand remains a key factor. Investors await crucial US economic data and BoJ policy for...
ReadThe Times of India - Business (12 hours ago)
Former IMF deputy managing director Gita Gopinath highlighted pollution as a greater threat to India's economic growth than trade tariffs. She emphasized its significant human and economic costs, citing millions of deaths annually and a substantial impact on GDP. Gopinath urged for 'war footing' action to address pollution, stressing its importance...
ReadThe Times of India - Business (12 hours ago)
Responsible Artificial Intelligence (AI) is rapidly becoming a business imperative for Indian enterprises, moving beyond ethical intent to a strategic priority linked with trust, governance, and long-term value creation, according to Nasscom's State of Responsible AI in India 2025 report.
ReadThe Times of India - Business (13 hours ago)
Indian silver ETFs experienced a significant sell-off, dropping up to 20% as investors exited amid precious metal volatility. This correction erased previous premiums, with funds trading below net asset values. The sharp decline in ETFs contrasted with more modest price drops in global and domestic silver markets.
ReadThe Times of India - Business (14 hours ago)
Financial author Robert Kiyosaki declared silver superior to gold in the Technology Age, calling it an "economic structural metal." He highlighted its price surge and predicted it would hit $200 an ounce in 2026. This comes as silver and gold reach record highs globally due to safe-haven demand, supply tightness, and geopolitical risks.
ReadThe Times of India - Business (14 hours ago)
Asian markets surged Thursday, mirroring a US rally after President Trump rescinded threats of tariffs on European nations regarding Greenland. Tech stocks, particularly in Japan, South Korea, and Taiwan, led the gains, fueled by optimism surrounding massive AI infrastructure investments. Gold and silver prices, however, continued their decline.
ReadThe Times of India - Business (14 hours ago)
Housing policy has traditionally focused on economically weaker sections and lower-income groups—and rightly so. However, the middle-income segment increasingly finds itself without support, despite facing intense affordability stress in urban markets.
ReadThe Times of India - Business (15 hours ago)
President Trump announced the US expects to receive around $600 billion in tariff revenue this year, with more anticipated next year. He linked this to increased investments, citing Apple's $650 billion commitment and Toyota's plans, attributing the surge to election clarity and his administration's protective tariff policy.
Read