Varun K

Rapido is poised to disrupt India’s food delivery sector by offering restaurants commission rates of 8-15%, significantly lower than Swiggy and Zomato’s 16-30%. Partnering with the NRAI, Rapido aims to aid smaller restaurants, launching a pilot program in Bengaluru soon.

Elon Musk’s Starlink faces new regulations in India, compelling it to share user data, including details of seized satellite kits, particularly from the North-East region. This follows security concerns about unauthorized Starlink device usage in border areas. The Indian government’s directive comes after Starlink previously resisted sharing such information, prompting investigations and potential penalties for … Read more

Silver is surging in 2025, hitting record highs due to safe-haven demand, supply constraints, and strong industrial use in clean energy and electronics. Experts predict the rally will continue, potentially reaching Rs 1,23,000/kg, driven by geopolitical tensions and a shift towards green technologies. Analysts advise a buy-on-dips strategy, citing positive technical signals and long-term supply … Read more

India’s two-wheeler industry is poised for significant growth, exceeding pre-Covid levels, according to CareEdge Ratings. A projected 8-9% volume increase in FY26 is fueled by RBI’s rate cuts, boosting loan affordability, alongside strong domestic demand and export recovery. Scooters are experiencing a surge in popularity, particularly among urban commuters, while motorcycles remain a reliable and … Read more

Gautam Adani’s FY25 salary reached Rs 10.41 crore, a 12% increase from the previous year, yet still less than some of his top executives. Mukesh Ambani, in contrast, has forgone a salary since the pandemic. Adani’s compensation is notably lower than other industry leaders like Sunil Bharti Mittal and L&T Chairman S N Subrahmanyan.

Indian markets are poised for an upswing, fueled by the RBI’s significant rate cut and optimism surrounding a potential US-India trade agreement. Investors will closely monitor inflation data, monsoon progress, and global trade discussions. However, global headwinds, including potential shifts in US tariffs and geopolitical tensions, could induce market volatility.

India’s top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the additional output to India, raising their collective market share to 78%. This surge, exceeding OPEC+’s planned increase, has led to competitive pricing, particularly from Saudi Arabia, impacting global crude prices and intensifying competition for India’s growing … Read more

Sakshi Gupta, a former ICICI Bank relationship manager in Kota, was arrested for a multi-crore fraud spanning two years. She illicitly accessed over 110 customer accounts, diverting funds into stock market investments and breaking fixed deposits. The fraud, discovered after an internal probe, involved unauthorized overdrafts, debit card usage, and a fraudulent personal loan, leading … Read more

H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggressively increased their stake. Since 2016, they’ve invested over $6.6 billion, raising their control to almost 64%. This substantial accumulation fuels speculation about a potential move to take the fast-fashion retailer private, despite … Read more

T Rabi Sankar, Deputy Governor of the Reserve Bank of India, has been appointed as a part-time member of the 16th Finance Commission, according to the Finance Ministry. This appointment follows the resignation of Ajay Narayan Jha, a full-time member, due to personal reasons. Sankar will serve until the Commission submits its report or until … Read more