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UAE VAT changes to increase costs and compliance burden for Indian businessesWhile the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,...
NYC Ferry carried 7.4 million passenger trips in FY2025, while the city subsidised each trip by an average of $8.33 across six routes serving all five boroughsNew York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst incre...
Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...
Rupee relief comes with disruptions in financial marketsThe Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to sky...
US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
Myntra swings to net loss of Rs 579 crore in FY26, revenue drops 13%Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha ...
US labour market remains stuck in low-hire, low-fire state as inflation intensifies: FedThe Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tari...
US Stock Market: Why have S&P 500, Dow Jones, Nasdaq suffered worst day since July at Wall Street?US stock Market today: Much of Wall Street’s pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth an...
Air India CEO looks to cut high maintenance bill of A350 fleet engines; sets up committeeTewolde Gebremariam is exploring ways to reduce the cost of Air India's Airbus A350 maintenance. The airline has faced higher expenses than...
Groww Q2 Results: Cons net profit surges 54% YoY to Rs 726 crore; revenue jumps 47%Groww Q2 Results: The company’s revenue from operations came in at Rs 1,501 crore, marking a 47% increase from Rs 1,019 crore posted in the...
Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
Tata Elxsi Q2 Results: Profit rises 10% YoY to Rs 170 crore; revenue grows 15%Tata Elxsi reported a 10% year-on-year rise in net profit to Rs 170 crore in Q2, while revenue from operations grew 15% to Rs 1,056 crore. ...
‘Please pray for us,’ says Sridhar Vembu as Zoho skips pay hikes amid rising AI costsVembu said that the company has also gone 18 months without growing its employee count and is looking to avoid mass layoffs.
High crude vs festive demand: Can consumption stocks withstand the oil shock?As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG an...
Social Security’s 2027 raise could shrink before it arrives. How Medicare costs may eat into the $72 boostSocial Security’s 2027 COLA could rise by 3.5%, adding about $72 a month to the average retired worker’s benefit. But higher Medicare Part ...
Why are Kraft paper prices rising in India? Corrugated box makers face 25% cost surgeKraft paper prices in India have recently increased by 22% to 25%, affecting production costs significantly. This rise has pressured corrug...