Business

Edelweiss CEO Radhika Gupta NEW DELHI: For many young professionals, saving money can feel like a juggling act between bills, loans, and lifestyle choices. But Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, offers a fresh perspective in her new book ‘Mango Millionaire.‘ She compares saving to cricket net practice: the discipline you build…

Elon Musk’s Starlink receives unified license in India NEW DELHI: The security conditions, he explained, bar Starlink from copying or decrypting Indian user data abroad and prevent the mirroring of Indian user traffic on any system outside the country.“The security conditions, inter-alia, include the establishment of earth station gateway(s) in India for providing satellite-based communication…

NEW DELHI: Uttar Pradesh is set to overhaul property transactions and rentals with digital reforms, including QR code-based ownership verification, instant title updates, and simplified rent agreements. Minister of state for stamp and registration Ravindra Jaiswal said these initiatives, part of the state’s Vision 2047 roadmap, aim to make the system faster, transparent, and citizen-friendly,…

NEW DELHI: Bank of India classified the loan account of debt-ridden Reliance Communications (RCom) as fraudulent and also named its former director Anil Ambani, citing alleged diversion of funds in 2016, according to a regulatory filing.The move comes after State Bank of India (SBI) took a similar step in June this year. SBI had alleged…

Uber CEO Dara Khosrowshahi NEW DELHI: Uber CEO Dara Khosrowshahi has identified Rapido as the company’s biggest challenger in India, saying the bike-taxi and ride-hailing startup has now overtaken Ola as Uber’s main competition in the market. Speaking on Zerodha cofounder Nikhil Kamath’s podcast People by WTF, he remarked in a teaser clip, “Ola used…

NEW DELHI: Indian business process outsourcing (BPO) exports are growing faster than information technology (IT) services and are projected to keep this lead in FY2026, according to a new report by Kotak Institutional Equities. The strong performance is being driven by global companies’ focus on cost optimisation, increasing outsourcing of business functions, and a growing…

NEW DELHI: The government is preparing a support package worth about Rs 25,000 crore under the Export Promotion Mission (EPM), announced in the Union Budget 2025-26, to strengthen Indian exporters over the next six financial years (2025-31). PTI sources said the initiative aims to provide affordable credit, improve market access, and cushion exporters from the…

Royal Mail post office (AP) European postal services are suspending shipments to the United States after Washington announced the end of the long-standing “de minimis” tariff exemption, sparking confusion over new customs rules and duties.The de minimis exemption, which currently allows packages worth less than $800 to enter the US duty-free, will expire Friday. According…

Although Nayara Energy faces no direct sanctions, it is facing heat due to Russian state energy corporation Rosneft PJSC’s 49.13% ownership stake in the organisation. (AI image) Nayara Energy, India’s second largest private oil refinery, is facing fresh trouble from the impact of US, EU sanctions. Although the Russia-backed Nayara Energy faces no direct sanctions,…

India’s leather industry, a vital labour-intensive sector with exports worth $4.1 billion, has been hit hard by US President Donald Trump’s decision to impose a 25% tariff on imports from India. The move, coupled with an additional 25% tariff on Russian oil purchases from 27 August 2025, is expected to deepen the crisis exporters are…