Finance

Government Collects ₹512 Crore TDS On Crypto In FY25

By BPN News Desk
The government collected ₹511.83 crore as TDS from cryptocurrency and other virtual digital asset transactions in FY25. This marks a sharp increase from the previous year, when around ₹363 crore was collected. Officials said the rise reflects more trading activity and better reporting by exchanges. Current tax rules for crypto Profits from crypto trading are […]
Business

IndiGo Shares Extend Fall As Crisis Deepens

By BPN News Desk
IndiGo’s parent company, InterGlobe Aviation, continued to see its share price drop on Tuesday. The stock fell another 1.5%, marking the eighth straight session of losses. In a week, the company has lost nearly 17% of its value, wiping out around ₹40,000 crore in market capitalisation. Operational problems trigger sell-off The decline follows a major […]
Business Finance

IndusInd Bank Makes Key Leadership Appointments

By BPN News Desk
IndusInd Bank has appointed Amitabh Kumar Singh as its new Chief Human Resources Officer. At the same time, its microfinance subsidiary Bharat Financial Inclusion Ltd (BFIL) has named Tapobrat Chaudhuri as Managing Director and Chief Executive Officer. Both leaders are expected to play a key role in shaping future growth. Strengthening core functions Along with […]
Business

Quick-Commerce Bubble May Burst, Warns Blinkit CEO

By BPN News Desk
The CEO of Blinkit has warned that India’s quick-commerce sector could be nearing a breaking point. He said several platforms are dependent on continuous fundraising to survive, and with investor appetite slowing, the model may no longer be sustainable. Companies offering ultra-fast delivery are facing high costs and low margins, making profitability difficult. High costs
Business

Trump Clears Nvidia To Sell AI Chips To China

By BPN News Desk
President Donald Trump has given approval for Nvidia to export its H200 artificial intelligence chips to China. The approval comes with conditions, including a requirement that the chips may only be sold to vetted Chinese customers. The US government will also apply a surcharge on these exports. High-end chips still restricted Only the H200 model […]

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