The new 45% export duty levied by the government on iron ore pellets last month has made export of the material unviable and the prices are likely to correct by up to 30% because of this, according t… [+1686 chars]
Credit card additions and expenditures climbed at the fastest pace in May in recent quarters, underscoring the fading impact of Covid-induced disruptions on consumption habits, as an increasing numbe… [+2537 chars]
Ratings agency Moody's Investors Service on June 27 revised the outlook on Tata Steel to positive from stable. At the same time, Moody's also affirmed Tata Steel's Ba1 corporate family rating (CFR). … [+2560 chars]
SynopsisThe RBI has hit the pause button on the rapid growth of card-based fintech startups with its recent circular. The move, which saw several startups ending up on the wrong side of the law overn… [+173 chars]
B2B e-commerce unicorn Udaan has laid off around 180 employees, which is approximately 4-5 percent of the workforce, according to sources close to the developments. The company had an employee streng… [+2532 chars]
Market volatility is expected to increase going ahead as the scheduled expiry of June month derivatives contracts is around the corner. The June month contracts for Nifty will expire on Thursday thi… [+2436 chars]
