In a bold move to deepen its presence in India’s booming quick commerce space, Flipkart Minutes – the rapid delivery arm of Flipkart – plans to set up 800 dark stores by the end of 2025. This announcement was made by Flipkart Group CEO Kalyan Krishnamurthy at Walmart’s Investment Community Meeting, highlighting the company’s aggressive …
In a major push towards sustainable logistics, Essar Group’s green mobility venture, GreenLine Mobility Solutions, has secured a $275 million equity investment to expand its fleet of eco-friendly trucks. Among the investors is Nikhil Kamath, who contributed $20 million to the funding round. This move marks a significant milestone in India’s journey to de-carbonise its …
The 8th Pay Commission is a proposed committee expected to revise the salaries, allowances and pensions of central government employees and pensioners in India. It will succeed the 7th Pay Commission, which currently governs the pay structure. Over 1 crore government employees and pensioners are closely watching the developments surrounding this panel. While the formation …
If you need to visit your bank soon, make sure to complete your work by April 11 (Thursday). Banks in many states will remain closed for 3 days in a row—from April 12 to April 14—due to weekends and public holidays. This long weekend includes the second Saturday (April 12), Sunday (April 13), and multiple …
Indian edtech giant Byju’s is back in the spotlight, but this time not for its innovative learning tools. Instead, it’s facing serious legal heat in the United States. American lenders have filed a lawsuit in a bankruptcy court in Delaware, accusing founder Byju Raveendran and his wife Divya Gokulnath of being personally liable for $533 …
On April 11, 2025, the BSE Sensex was up by 1.77%, closing at 75,157.26, while the Nifty50 was up by 1.92% at 22,828.55. Top Gainers of the Day Symbol LTP %chng HINDALCO 601.8 6.7 JSWSTEEL 992.7 4.99 TATASTEEL 133.47 4.95 COALINDIA 391.85 4.6 JIOFIN 230.4 4.29 Hindalco HINDALCO share price opened at ₹585 and gained 2.86% …
For the week ended April 11, 2025, Nifty 50 and Sensex saw sharp swings, initially falling but rebounding strongly to close at 22,828.55 and 75,157.26, respectively. Between April 7 and April 11, 2025, the Nifty 50 saw significant volatility. It fell 3.24% on April 7 to 22,161.60 but rebounded 1.69% on April 8 to 22,535.85. …
Indian stock markets saw a sharp rise on April 11, 2025, following US President Donald Trump’s decision to pause trade tariffs for 90 days. Despite mixed trends in Asian markets, investor sentiment remained strong in India. The BSE Sensex jumped 1,310.11 points (1.77%) to close at 75,157.26, while the NSE Nifty50 ended 429.40 points higher …
In a significant development, Delhi has commenced registration for the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), a government-backed health insurance scheme aimed at offering healthcare access to economically disadvantaged families. After a long delay of over a decade, the national capital has become the 35th state or Union Territory to implement the scheme, …
A message has been widely shared on social media stating that senior citizens above 75 years of age do not have to pay income tax. It attributes this change to a government decision following India’s 75th year of independence. This claim, however, is completely false. What Does the Law Actually Say? According to a post …
