Business

MUMBAI: Nearly four out of five of India’s leading young entrepreneurs are self-made, underscoring a shift in the country’s business landscape from inheritance to merit, according to the Avendus Wealth – Hurun India Uth Series 2025. The report shows that about 80% of business leaders under 40 featured in the ranking are first-generation founders.The study…

Gold futures surged to a fresh lifetime high on Wednesday, tracking a sharp rally in global prices as investors flocked to safe-haven assets amid escalating trade war tensions and heightened geopolitical uncertainty.On the Multi Commodity Exchange (MCX), gold futures for the February contract soared by Rs 7,774, or 5.16 per cent, to hit an all-time…

Zomato’s parent company Eternal Limited CEO Deepinder Goyal is stepping down from his role, subject to shareholder approval, to pursue high-risk, experimental ideas outside the public company. He will transition to Vice Chairman on the board, with Albinder Dhindsa named as his successor. NEW DELHI: Food delivery platform Zomato‘s parent company Eternal Limited’s CEO Deepinder…

Budget 2026 is drawing closer and the real estate sector is seeking policy continuity, targeted fiscal measures and long-pending reforms to keep the sector on track.Acording to industry leaders, the updoming Budget can help strengthen confidence across residential, commercial and mixed-use projects by addressing housing affordability, infrastructure-led urban growth, access to capital and faster regulatory…

India, one of the world’s top five economies, is set to present its Union Budget in Parliament on February 1 under the PM Modi–led government for the 15th time, with finance minister Nirmala Sitharaman presenting it as mandated under Constitution’s Article 112.However, February 1 was not always the date for presenting the Union Budget. For…

As the Union Budget 2026 approaches, industry bodies have flagged key expectations focused on easing pressure on micro, small and medium enterprises (MSMEs) and strengthening the startup ecosystem amid funding constraints and regulatory challenges. With employment generation and entrepreneurship high on the policy agenda, stakeholders are looking for targeted measures that address cash-flow stress, compliance…

The Centre on Wednesday revised customs duties on display-related products to support domestic electronics manufacturing and fix the existing duty structure. The Union finance ministry raised the Basic Customs Duty (BCD) on flat panel displays to 20%, while reducing the duty on open cells and key components to 5%. The changes are aimed towards strengthening…

Stock market today: Dalal street was mostly red on Wednesday, as benchmark indices Sensex and Nifty were dragged down by increasing geopolitical tensions, weak global markets and continuous foreign fund outflows. The Nifty50 slipped below the 25,000 mark to trade at 24,919.80, while the BSE Sensex plunged more than 1,000 points to hit 81,124 in…

The Court drew a clear distinction between a “refusal” to live with the husband and mere non-compliance with a restitution decree. (AI image) On 10th January 2025, the Supreme Court, in a historic ruling, reaffirmed the social-welfare character of maintenance laws and held that a husband cannot evade his maintenance obligation under Section 125 of…

Indian Oil Corporation Ltd (IOCL) said that the country’s refineries are capable of processing Venezuelan crude if supplies resume. “If at all things start settling down, if at all a lot of crude starts coming out of Venezuela, then can’t we import oil from Venezuela?” he said.The executive further added that the company, used to…