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Business

Business & Economics

Amazon to pay $2.5bn for allegedly duping millions to sign up for Prime

Sep 26, 2025 - 12:45 pm EDT @theindpanorama 0

New York (TIP)- Amazon has reached a historic $2.5bn settlement with the Federal Trade Commission (FTC), which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult […]

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Business & Economics

No festive cheer for investors; FIIs continue to exit India

Sep 26, 2025 - 12:45 pm EDT @theindpanorama 1

New Delhi (TIP)- There is little to no festive cheer for investors as the equity market extended its losing streak for a fifth straight session on Thursday. Persistent foreign fund outflows, weak global cues and […]

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Business & Economics

Starbucks to close stores, lay off 900 workers as part of turnaround plan

Sep 26, 2025 - 12:45 pm EDT @theindpanorama 1

Starbucks is laying off around 900 non-retail employees and closing some US and Canadian stores as it focuses more of its resources on a turnaround. The Seattle coffee giant will notify employees whose positions are […]

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Business & Economics

Commerce Minister Piyush Goyal likely to visit Washington soon for trade talks

Sep 20, 2025 - 6:40 am EDT @theindpanorama 8

With the India-US trade talks moving in the right direction, Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon, sources said. The visit comes in the backdrop of recently concluded daylong discussions […]

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Business & Economics

Nvidia to invest $5 bn in struggling Intel

Sep 20, 2025 - 6:40 am EDT @theindpanorama 10

Nvidia announced on Thursday it will invest $5 billion in Intel through a strategic chip partnership that signifies one of Silicon Valley’s most strategic power shifts. As per the deal, Nvidia will purchase Intel stock […]

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Business & Economics

EU seeks faster Russian gas phase-out after Trump push

Sep 20, 2025 - 6:40 am EDT @theindpanorama 11

BRUSSELS (TIP)- The European Union (EU) proposed on Friday (Sep 19) to bring forward by a year a ban on Russian gas imports as part of new sanctions to sap Moscow’s war chest and please […]

Business & Economics

Adani Group stocks climb after SEBI’s clean chit in Hindenburg case

Sep 20, 2025 - 6:39 am EDT @theindpanorama 13

New Delhi (TIP)- Adani Group stocks gained between 1 per cent and 9.6 per cent on Friday, a day after markets regulator Securities and Exchange Board of India (SEBI) dismissed allegations levelled by US short […]

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Business & Economics

ED files fresh money laundering case against Anil Ambani for alleged bank fraud

Sep 12, 2025 - 7:38 am EDT @theindpanorama 15

The Enforcement Directorate (ED) registered a money laundering case against industrialist Anil Ambani and Reliance Communications Ltd (RCom) on Wednesday in connection with an alleged Rs 2,929-crore fraud on State Bank of India (SBI). The […]

Business & Economics

Fitch projects GDP at 6.9%, says US tariffs to be negotiated lower, GST to boost spending

Sep 12, 2025 - 7:38 am EDT @theindpanorama 0

New Delhi (TIP)- Fitch Rating on Sept 10 raised India’s GDP (gross domestic product) forecast for the financial year 2025-26 to 6.9 per cent from 6.5 per cent. The global rating agency said domestic demand […]

Business & Economics

US consumer inflation rises 2.9%, highest in seven months

Sep 12, 2025 - 7:37 am EDT @theindpanorama 2

New York (TIP)- US consumer inflation rose to its highest this year after January, government data showed on Thursday, Sept 11. The US consumer inflation, highest in seven months, rose more than what was expected […]

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Business & Economics

Markets jump as GST 2.0 lifts consumer-driven stocks

Sep 5, 2025 - 9:57 am EDT @theindpanorama 24

Benchmark equities surged on Thursday, Sept 4, after Finance Minister Nirmala Sitharaman unveiled a sweeping overhaul of the Goods and Services Tax (GST). The S&P BSE Sensex rose nearly 600 points in early trade, while […]

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Business & Economics

STEM powers India’s hiring surge: 23% YoY growth led by IT and manufacturing

Sep 5, 2025 - 9:55 am EDT @theindpanorama 13

New Delhi (TIP)- Foundit (formerly Monster APAC & ME), India’s leading talent platform, published the foundit Insights Tracker (fit) for August 2025, revealing that India’s job market is increasingly shaped by STEM-driven industries. The tracker […]

Business & Economics

Europe stockpiles Indian diesel: Trump says is ‘still funding Russia’s war machine’

Sep 5, 2025 - 9:54 am EDT @theindpanorama 22

New Delhi (TIP) – India’s diesel exports to Europe jumped an astonishing 137% year-on-year in August—soaring to 242,000 barrels per day, as European buyers scramble to stock up ahead of an EU ban on fuels […]

Business & Economics

India’s first chip to roll out of CG Semi’s Guj plant

Aug 29, 2025 - 6:00 am EDT @theindpanorama 30

New Delhi (TIP)- India’s first “Made in India” semiconductor chip will roll out of CG Semi’s plant in Sanand, Gujarat, IT minister Ashwini Vaishnaw announced on Thursday, Aug 28. The minister made the disclosure during […]

Business & Economics

Former RBI Governor Urjit Patel appointed IMF Executive Director

Aug 29, 2025 - 6:00 am EDT @theindpanorama 8

The Appointments Committee (ACC) of the Cabinet has approved the appointment of former RBI Governor and economist Urjit Patel to the post of Executive Director at the International Monetary Fund (IMF) for a period of […]

Business & Economics

Lord Swraj Paul, NRI industrialist dies aged 94

Aug 23, 2025 - 9:55 am EDT @theindpanorama 7

Lord Swraj Paul, NRI industrialist and founder of UK-based Caparo Group, has died in London, family sources said. He was 94. Paul had taken ill and was hospitalised recently, where he died surrounded by members […]

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Business & Economics

Rupee falls 18 paise to close at 87.25 against US dollar

Aug 23, 2025 - 9:47 am EDT @theindpanorama 7

The rupee pared initial gains and settled for the day lower by 18 paise at 87.25 (provisional) against US dollar on August 21, on a strong American currency and a recovery in crude oil prices. […]

Business & Economics

U.S. and European Union provide fresh details of giant trade pact

Aug 23, 2025 - 9:46 am EDT @theindpanorama 2

Washington (TIP)- The United States and European Union say they’ve agreed on the details of a trade deal that would keep tariffs high for now on European vehicles and lower them on computer chips, but […]

Business & Economics

Bitcoin hits record high above $124,000

Aug 16, 2025 - 8:11 am EDT @theindpanorama 5

Bitcoin hit a record high on Thursday, Aug 14, during early Asian trading, surpassing $124,000, driven by favourable US legislation and a rise in US equities. The cryptocurrency rose above its previous July record, briefly […]

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Business & Economics

S&P upgrades India’s rating after over 18 years to ‘BBB’ on robust economic growth

Aug 16, 2025 - 8:10 am EDT @theindpanorama 4

S&P on August 14 upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook after over 18 years, citing robust economic growth, political commitment for fiscal consolidation and ‘conducive’ monetary policy to check inflation. […]

Business & Economics

US national debt hits record $37 trillion amid mounting fiscal concerns

Aug 16, 2025 - 8:10 am EDT @theindpanorama 3

Washington (TIP)- The US government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers, the AP reported. The $37 […]

Business & Economics

Why Trump’s 25% tariff is a double whammy for India

Aug 1, 2025 - 9:56 am EDT @theindpanorama 20

New Delhi (TIP)- India’s trade ties with the United States were jolted this week after President Donald Trump imposed a blanket 25% tariff on all Indian exports, citing unfair trade barriers and deepening defence and […]

Business & Economics

Toyota races ahead with record sales, despite Trump’s tariff turmoil

Aug 1, 2025 - 9:55 am EDT @theindpanorama 6

Toyota Motor Corp. saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from President Donald Trump’s tariffs on cars imported to the […]

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Business & Economics

Federal Reserve leaves interest rates unchanged

Aug 1, 2025 - 9:54 am EDT @theindpanorama 8

Washington (TIP)- The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) has kept interest rates unchanged at 4.25 percent to 4.5 percent in the July 29-30 meeting for the fifth straight session. The central bank […]

Business & Economics

Tesla braces for rough quarters ahead as US ends EV incentives

Jul 25, 2025 - 7:05 am EDT @theindpanorama 4

New York (TIP)- Elon Musk warned of difficult times ahead for Tesla Inc. after one of the automaker’s worst quarters in over a decade. Tesla will be a transition period for the next year or […]

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