Business Markets

Rupee Falls to Record Low of 93.49

By BPN News Desk March 20, 2026

The Indian rupee fell sharply to a new all-time low of 93.49 against the US dollar on Friday, extending pressure on the domestic currency as the West Asia conflict pushed crude oil concerns higher and foreign investor outflows continued. Rupee Hits Fresh Record Low At the interbank foreign exchange market, the rupee opened at 92.92 […]

Business

Nvidia Sees $1 Trillion AI Chip Opportunity

By BPN News Desk March 18, 2026

Nvidia has said the revenue opportunity for its artificial intelligence chip business could reach at least $1 trillion through 2027, as the company sharpens its focus on AI inference, the fast-growing segment that powers real-time responses from AI systems. The forecast was presented by chief executive Jensen Huang at the company’s annual GTC developer conference, […]

Business Finance

Vikram Wadhwa Arrested In IDFC Bank Fraud

By BPN News Desk March 15, 2026

Chandigarh Police have arrested businessman Vikram Wadhwa in connection with an alleged financial fraud linked to accounts maintained at IDFC First Bank’s Chandigarh branch. The arrest is part of an ongoing investigation into suspected diversion of funds through unauthorised banking transactions and shell entities. Vikram Wadhwa Arrested In IDFC First Bank Fraud Case

Finance

Income Tax Emails Flag High Value Transactions

By BPN News Desk March 15, 2026

India’s Income Tax Department has started sending emails to several taxpayers highlighting significant financial transactions and possible shortfall in advance tax payments. The communication is part of the department’s ongoing data analytics exercise aimed at improving tax compliance and reminding individuals to review their tax liabilities before the end of the financial

Business Markets

Meta Plans Major Layoffs Amid AI Push

By BPN News Desk March 14, 2026

Meta is preparing another round of workforce reductions as the company increases investment in artificial intelligence infrastructure and technology. The move reflects a broader shift in the global technology sector, where companies are restructuring operations and reallocating resources to support rapid AI development. Meta Layoffs Linked To AI Investment Meta is

Business Markets

SEBI Chief Advises Patience During Market Volatility

By BPN News Desk March 14, 2026

Market regulator SEBI has advised investors to remain patient amid heightened global financial uncertainty, saying volatility in markets is a normal phenomenon during periods of geopolitical tension and economic disruption. The message came as global markets face turbulence due to conflicts in West Asia, energy supply concerns and shifting capital flows across economies.

Business Finance

ED Raids 19 Sites In ₹597 Crore IDFC Fraud

By BPN News Desk March 13, 2026

The Enforcement Directorate (ED) has conducted search operations at 19 locations across Chandigarh, Mohali, Panchkula, Gurugram and Bengaluru in connection with an alleged ₹597-crore fraud linked to IDFC First Bank. Authorities also froze more than 90 bank accounts suspected to be connected to the diversion of funds as investigators attempt to trace the money trail […]

Business Markets

Sensex Slides As Nifty Extends Third-Day Fall

By BPN News Desk March 13, 2026

Indian equity benchmarks fell for a third straight session on Friday as rising crude oil prices, West Asia tensions, and weak global cues continued to weigh on investor sentiment. The Sensex dropped sharply during the day and closed lower by more than 1,300 points, while the Nifty ended near 23,350, marking one of the market’s […]

Business

Shell Declares Force Majeure On Qatar LNG

By BPN News Desk March 12, 2026

Shell has declared force majeure on LNG contracts linked to supplies from Qatar after disruption at QatarEnergy’s major export facility forced a halt in production, adding fresh pressure to global gas markets already strained by the wider Gulf crisis. The move means Shell can temporarily suspend contractual delivery obligations to some buyers because of circumstances […]

Industry

Laptop Prices May Jump Up To 35%

By BPN News Desk March 11, 2026

Laptop and desktop prices in India are expected to rise sharply this year as manufacturers face higher costs for memory, graphics components and some processors. Industry reports indicate that prices could increase by as much as 35% in some categories, while overall PC demand may weaken as buyers delay purchases. Laptop Prices In India May […]