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  • Paytm profit soars but hit by Rs 190 crore charge
    Business

    Paytm profit soars but hit by Rs 190 crore charge

    04/11/2025

    Paytm posted financial gains for the three months through Sept. 30 as the digital payments firm expanded its merchant network and controlled spending. The company announced on Tuesday that operating revenue climbed 24 percent from a year earlier to reach 2,061 crore rupees during the second quarter of fiscal 2026. Growth came from additional subscription…

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  • Mistry quits Tata Trusts, cites Ratan Tata’s vision
    Business

    Mistry quits Tata Trusts, cites Ratan Tata’s vision

    04/11/2025

    Mehli Mistry will resign from his position with Tata Trusts after tensions led to his removal from the organization. He wrote to current chairman Noel Tata, stating his departure aims to protect the institution from damaging publicity and uphold promises made to the late Ratan Tata. Mistry stated his resignation should end speculation in media…

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  • AI age looms, report tips India to outshine China
    Business

    AI age looms, report tips India to outshine China

    04/11/2025

    Artificial intelligence and automation may push humanity toward philosophical questions about existence rather than economic survival, and India could become the dominant cultural force in such a future because of its ancient spiritual traditions, according to an analysis published in Asia Times. Writer Jan Krikke argues that nations will compete over purpose instead of production…

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  • Google cash floods India as data centre boom surges
    Business

    Google cash floods India as data centre boom surges

    04/11/2025

    Data center construction across India has accelerated sharply as digital adoption spreads and artificial intelligence applications multiply. The nation’s capacity should jump from 1.2 gigawatts currently to roughly 8 gigawatts before 2030 arrives, representing annual expansion near 17 percent. Google’s commitment of $15 billion signals India’s emergence as a significant international information storage location. Internet…

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  • India, New Zealand FTA talks drag on as Goyal lands
    Business

    India, New Zealand FTA talks drag on as Goyal lands

    04/11/2025

    India’s commerce and industry minister, Piyush Goyal, arrives in New Zealand on Wednesday to advance negotiations for a bilateral free trade pact between the nations. He will hold discussions with Trade Minister Todd McClay as part of efforts to accelerate the agreement and forge stronger economic ties. The Commerce Ministry said Goyal plans meetings with…

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  • NSE profit sinks 33 percent on SEBI fee hit
    Business

    NSE profit sinks 33 percent on SEBI fee hit

    04/11/2025

    The National Stock Exchange saw consolidated net profit drop 33 percent from a year earlier during the three months ending in September, landing at 2,098 crore rupees for the second quarter of fiscal 2026. A special charge of 1,297 crore rupees related to settlement fees with the Securities and Exchange Board of India for colocation…

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  • Bangladesh yen gamble turns sour as costs soar
    Business

    Bangladesh yen gamble turns sour as costs soar

    04/11/2025

    Bangladesh faces mounting financial losses from its attempt to sidestep expensive dollar loans by borrowing in Japanese yen instead. Currency swings and climbing rates in Japan have turned the approach into a costly gamble for the South Asian nation. A recent 600 million dollar budget support loan from the Asian Development Bank resulted in 13…

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  • Meta dodges data ban but still hit with Rs 213 crore
    Business

    Meta dodges data ban but still hit with Rs 213 crore

    04/11/2025

    The National Company Law Appellate Tribunal has provided mixed results for Meta Platforms and WhatsApp in a competition dispute over the messaging service’s 2021 privacy policy changes. The appellate body maintained a penalty of 213.14 crore rupees levied by the Competition Commission of India but overturned key findings that WhatsApp controlled the market and eliminated…

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  • Sitharaman claims India to be third biggest soon
    Business

    Sitharaman claims India to be third biggest soon

    04/11/2025

    India will ascend to become the globe’s third-biggest economy before long, Finance Minister Nirmala Sitharaman said on Tuesday while addressing the diamond jubilee valedictory lecture at Delhi School of Economics. The nation has surged from 10th place economically in 2014 to fifth position today, with fourth place coming soon, she noted. Sitharaman credited economic power…

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  • Tata Hotels profits plunge 49 percent in new blow
    Business

    Tata Hotels profits plunge 49 percent in new blow

    04/11/2025

    Indian Hotels Company Limited, the hospitality division of Tata Group, saw its net profit plunge by nearly half in the July through September quarter. The company recorded earnings of 285 crore rupees for the second quarter of fiscal 2026, down 48.6 percent from 555 crore rupees during the matching period one year earlier. Revenue climbed…

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