Business

Zomato CEO Says 5,000 Delivery Workers Leave or Are Terminated Monthly

By BPN News Desk January 6, 2026

Zomato’s founder and CEO Deepinder Goyal said the company sees around 5,000 delivery partners terminated each month, mainly due to fraud or misuse of the platform and performance-related issues. He described this figure as part of the normal turnover in a large gig workforce, rather than widespread arbitrary dismissals. Gig Work Is Highly Transient Goyal […]

Business

Reliance Shares Hit Record High for Fourth Session

By BPN News Desk January 5, 2026

Shares of Reliance Industries Ltd continued their upward momentum for the fourth consecutive trading session, touching a fresh record high during intraday trade. The stock gained amid strong investor interest, even as broader equity markets remained volatile. Reliance remains India’s most valuable listed company by market capitalisation. Strong Buying Interest Seen Market

Business Markets

Markets End Lower After Early Strong Start

By BPN News Desk January 5, 2026

Indian equity markets opened the week on a positive note, with GIFT Nifty futures indicating a strong start for the day, tracking gains in Asian and US markets. Early cues showed optimism among traders as global stock indexes, including in the United States and Asia, recorded gains ahead of the domestic session. Trading Session Sees […]

Business Industry

Government Clears 22 Electronics Projects Worth ₹42,000 Cr

By BPN News Desk January 3, 2026

The central government has approved 22 new electronics component manufacturing projects with a total investment commitment of around ₹42,000 crore. The approvals are part of a broader push to strengthen India’s electronics manufacturing ecosystem and reduce dependence on imported components. Focus on Components and Value Addition The cleared projects focus on manufacturing

Business Finance

India Allows Banks to Sponsor Pension Funds Under NPS

By BPN News Desk January 2, 2026

The Pension Fund Regulatory and Development Authority (PFRDA) has given in-principle approval for scheduled commercial banks to independently sponsor and manage pension funds under the National Pension System (NPS). This marks a major change in pension fund regulations, as banks were previously limited in their role within the pension investment ecosystem. Under the new

Business

Zomato CEO Defends Delivery Partners Over Traffic Violations

By BPN News Desk January 2, 2026

Zomato CEO Deepinder Goyal has defended the company’s delivery partners amid criticism that they break traffic rules while trying to fulfill quick-delivery orders. Goyal said that pressure to rush on roads is not unique to delivery workers but reflects a broader societal issue of impatience among road users in India. He rejected the notion that […]

Business

Buffett Steps Down as Berkshire Hathaway CEO

By BPN News Desk January 1, 2026

Warren Buffett has stepped down as chief executive officer of Berkshire Hathaway, marking the end of an era at one of the world’s most influential conglomerates. The transition took effect at the start of 2026, with Buffett handing over day to day management of the company after more than six decades in charge. Buffett, who […]

Business Industry

India Tobacco Stocks Fall After New Excise Duty

By BPN News Desk January 1, 2026

Shares of Indian tobacco companies fell sharply after the government announced a new excise duty on cigarettes, adding to the existing goods and services tax regime. The duty, which will come into effect from February 1, 2026, applies per 1,000 cigarette sticks and varies by cigarette length. This move effectively reintroduces a central levy on […]

Business Trade

India Imposes Three-Year Tariff on Steel Imports

By BPN News Desk December 31, 2025

The Indian government has imposed a three-year safeguard tariff on select steel products to curb a surge in low-priced imports and protect domestic manufacturers. The decision follows concerns raised by the steel industry over rising imports that were impacting local production, prices, and capacity utilisation. Details of the Safeguard Duty Under the new measure, the […]

Business Trade

India to Get Full Duty-Free Access to Australia from Jan 1

By BPN News Desk December 30, 2025

All Indian exports will receive complete duty-free access to the Australian market starting January 1, marking the final phase of tariff elimination under the India–Australia Economic Cooperation and Trade Agreement. With this step, Australia will remove customs duties on the remaining tariff lines, extending zero-duty treatment to 100 percent of Indian goods covered under