Articles for category: Business

Market News

TikTok battles the US government in court, fighting a potential ban due to alleged national security threats and data concerns.

TikTok battles the US government in court, fighting a potential ban due to alleged national security threats and data concerns.

TikTok is challenging a U.S. law that could lead to its ban, arguing it violates constitutional rights. In court, TikTok’s lawyers claim the law unfairly targets the platform and restricts free speech. The government insists the law is necessary to address national security threats linked to TikTok’s Chinese ownership. TikTok maintains it does not share ...

Market News

Youth Congress demands resignation of Sebi chairperson Madhabi Puri Buch amid allegations of conflict of interest; protests lead to detentions.

Youth Congress demands resignation of Sebi chairperson Madhabi Puri Buch amid allegations of conflict of interest; protests lead to detentions.

Youth Congress activists protested outside the Sebi office in Mumbai, calling for a probe into allegations against Sebi chairperson Madhabi Puri Buch and demanding her resignation. The demonstration followed claims from Hindenburg Research, which alleged conflicts of interest related to Puri Buch’s past investments and her connections with companies like ICICI and Mahindra Group. Activists, ...

Market News

Caste inequality in India shapes economic prospects, prompting debates on focusing support for lower castes versus broader poverty alleviation.

Caste inequality in India shapes economic prospects, prompting debates on focusing support for lower castes versus broader poverty alleviation.

Inequality in economies often stems from inherited advantages, not just wealth but also social status. In India, caste plays a significant role in shaping economic opportunities, particularly for those from Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC), collectively known as lower castes. While affirmative actions aim to uplift these groups, there ...

Market News

India must balance border infrastructure development with diplomatic sensitivity towards China, recognizing border villages as vital strategic assets.

India must balance border infrastructure development with diplomatic sensitivity towards China, recognizing border villages as vital strategic assets.

India is focusing on enhancing border infrastructure, guided by Prime Minister Narendra Modi’s vision for the development of villages near the Sino-Indian border. Defence Minister Rajnath Singh emphasized that these villages are vital not only as remote areas but also as the first line of defence for the country. During the Border Area Development Conclave ...

Market News

China claims a breakthrough in homegrown chip technology, challenging US sanctions and aiming to compete with ASML’s dominance.

China claims a breakthrough in homegrown chip technology, challenging US sanctions and aiming to compete with ASML’s dominance.

China has made significant strides in developing its own chipmaking equipment, aiming to overcome U.S. sanctions that hinder its semiconductor goals. The country’s Ministry of Industry and Information Technology recently announced a new laser-based immersion lithography machine capable of producing chips with resolutions of 65 nanometers or better. This marks a notable advancement from previous ...

Market News

India rebukes Iran’s Ayatollah Khamenei for “misinformed” comments on its minorities, urging nations to reflect on their own records.

India rebukes Iran’s Ayatollah Khamenei for “misinformed” comments on its minorities, urging nations to reflect on their own records.

India has expressed strong disapproval of comments made by Iran’s Supreme Leader, Ayatollah Ali Khamenei, regarding the situation of minorities in India. The External Affairs Ministry spokesperson, Randhir Jaiswal, termed Khamenei’s remarks as misinformed and unacceptable, urging countries to reflect on their own records before commenting on others. Khamenei, while addressing clerics in Tehran, discussed ...

Market News

Bajaj Housing Finance’s stellar debut boosts Bajaj Group’s valuation, narrowing the market cap gap with Adani Group amid fierce competition.

Bajaj Housing Finance’s stellar debut boosts Bajaj Group’s valuation, narrowing the market cap gap with Adani Group amid fierce competition.

Bajaj Housing Finance Ltd (BHFL) made a remarkable Market debut, significantly boosting the Bajaj Group’s Market capitalization to Rs 13.6 trillion, up by 9.3% from the previous figure of Rs 12.1 trillion. BHFL’s Market cap soared to Rs 1.37 trillion, exceeding its IPO valuation of approximately Rs 58,300 crore. In contrast, the Adani Group’s Market ...

Market News

Honda recalls models CB350 and H’ness CB350 for critical sensor and camshaft issues, risking braking failures; free replacements offered.

Honda recalls models CB350 and H’ness CB350 for critical sensor and camshaft issues, risking braking failures; free replacements offered.

Honda Motorcycle & Scooter India has announced a recall of certain models, including the CB350 and H’ness CB350, due to issues with the wheel speed sensor and camshaft. The recall affects units manufactured between October 2020 and April 2024, where water may leak into the wheel speed sensor, potentially causing a malfunction that could disrupt ...

Market News

Baba Kalyani battles his brother over conflicting Wills, igniting a dramatic family feud over Kalyani Group’s vast assets.

Baba Kalyani battles his brother over conflicting Wills, igniting a dramatic family feud over Kalyani Group’s vast assets.

Baba Kalyani, Chairman of Bharat Forge, has refuted his brother Gaurishankar’s claims about a new Will from their late mother, calling it misinformation. This family feud involves a court dispute over the legitimacy of wills regarding the Kalyani Group’s assets, including Bharat Forge, valued at over Rs 74,000 crore. Gaurishankar has filed an affidavit contesting ...

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