Total sales rose 2.3 per cent year-on-year to ₹3,849 crore, while operating loss widened significantly to ₹1,052 crore from ₹85 crore in FY24. Uber’s India business posted total sales of ₹3,849.2 crore in FY25, up 2.3 per cent year-on-year, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed…
On Episode 809 of The Core Report, financial journalist Govindraj Ethiraj talks to Kunal Khattar, Founder at AdvantEdge. We also feature an excerpt from Episode 3 of our series “Eye On Retail”. SHOW NOTES (00:00) Stories of the day (01:09) Fresh twist to India-US tariff deal as US Commerce Secretary Lutnick drops by (03:37) Why…
The Ministry of Finance has issued a fresh notification allowing TransUnion CIBIL to use Aadhaar-based authentication for user identification during the registration process and login on the CIBIL platform, The Ministry, however, clarified that TransUnion CIBIL needs to take a user’s permission before starting their authentication process through the Aadhaar card. What the government notification…
The National Council (Staff Side), Joint Consultative Machinery (NC-JCM) meeting held in the Capital on Wednesday (February 25, 2026) covered several key topics, including increasing family units from 3 to 5, guaranteeing at least 5 promotions for employees, boosting annual increments, and reinstating the Old Pension Scheme (OPS) in the 8th Pay Commission (8th CPC).Other…
New Delhi: After launching Bharat Taxi as a cooperative-led ride-hailing platform, the Ministry of Cooperation is now preparing to expand the cooperative footprint in the insurance sector, ThePrint has learnt. However, instead of floating a new cooperative entity, the ministry plans to leverage the existing structure of IFFCO-Tokio General Insurance — a joint venture between…
New expressway: The construction of the Meerut-Prayagraj Ganga Expressway has been completed. UPDA is now finalizing trial runs and finishing touches. This expressway will cover the distance from Meerut to Prayagraj in just 6 hours instead of 12. Add informalnewz.com as a Preferred Source New expressway: Meerut, Chief Correspondent. Meerut is about to witness another…
Last Updated:February 26, 2026, 15:12 IST Amit Shah launches Bharat Taxi, letting cab and auto drivers become co-owners with Rs 500 investment, promising profit sharing and minimum base rate. Bharat Taxi drivers will be able to purchase shares worth Rs 500 to become co-owners. Union Cooperation Minister Amit Shah on Monday outlined how cab and…
SBI, PNB, and BOB minimum balance rules for 2026: Punjab National Bank (PNB) has received the highest amount among all public sector undertaking (PSU) banks from its savings account customers for not maintaining minimum balance in the financial years FY 2022-23, FY 2023-24 and FY 2024-25, according to data provided by the Finance Ministry in…
In a major push to promote cooperative entrepreneurship and fair wealth distribution, Union Home Minister and Minister of Cooperation Amit Shah recently unveiled the Bharat Taxi cooperative model, under which, Sarathis, or drivers can invest just Rs 500 to become co-owners of the company and can also have a share in the company’s profits.Sarathi Didis,…
India’s ride-hailing market could soon become even more competitive. A new platform called Nembharat is preparing to enter the space with bold promises aimed at both drivers and passengers. At a time when complaints about surge pricing and falling driver earnings often make headlines, this upcoming service says it wants to offer a simpler and…