Business updates

Business updates

Why salaries have been rejigged from April 1, in-hand pay may drop: Explained

The salary restructuring with start of new financial yer represents a short-term pinch for a long-term gain, as per New Wage Code>

Indian IT firms face subdued fourth quarter as Iran war, AI concerns persist

Nifty IT is down 20% so far in 2026, as Anthropic PBC and Palantir threatens to disrupt traditional business models and cannibalise business.>

India service economy grew at its slowest pace in 14 months in March 2026

The India Services PMI fell to 57.5 in March 2026 from 58.1 in February for the softest rate of expansion since January 2025.>

Wipro clinches $1-billion Olam deal for agri-tech pivot

Wipro's $375-million acquisition of Mindsprint, as part of the $1 billion deal with Olam Group, significantly improves revenue visibility for the India IT firm.>

Why McDonald’s and KFC are growing like wildfire in China

One factor behind the push into the countryside is the need for new customers. Roughly two-thirds of China’s people live outside its 50 biggest cities>

Auto sales in India surge to all-time high of ~3 crore units in FY26 on GST boost

Auto sales in India rose 13.30% year-on-year to 2,96,71,064 units in the fiscal ended 31 March 2026, with all six vehicle categories setting annual records.>

Can your Flipkart spends sponsor your next Air India flight?

A Flipkart member can transfer their SuperCoins to Maharaja Club and further use Maharaja Points to book their Air India flight for their dream vacation.>

Waiting period in health insurance and its types — all you need to know

Types of waiting periods include initial waiting period, pre-existing illness waiting period, specified illness waiting period, etc.>

Nifty Bank's $95-billion rout is set to deepen as RBI tightens grip on rupee trading

The Nifty Bank Index has lost $95 billion in market cap since the start of March, narrowly avoiding a bear market—defined as a 20% drop from a recent high.>

Sensex, Nifty 50 rise on hopes of US-Iran ceasefire plan, rupee gains

The 30-share S&P BSE Sensex rose 1.07% to 74,106.85 even as the NSE Nifty 50 gained 1.12% to 22,968.25, after falling as much as 0.7% and 0.8% during the day.>

Credits : HTimes