business

Nikhil Kamath, co-founder of Zerodha, believes traditional colleges are obsolete. He argues that online platforms and AI offer superior learning to MBA programs. Kamath suggests that formal degrees are becoming less relevant as companies like Meta and Apple shift focus from qualifications to practical skills. Vocational training is expected to gain prominence.

The cryptocurrency market has seen a significant downturn, losing substantial ground after a record high. This slump, triggered by liquidations and investor caution, has erased most of this year’s gains. Bitcoin has fallen below a key technical level, while smaller altcoins are experiencing even steeper losses.

Indian students in the US face job rejections due to a significant H-1B visa fee hike by the Trump administration, impacting their career prospects. Companies are increasingly hesitant to sponsor, leading to a sharp decline in available positions for international graduates.

India is poised to become a major force in the global rare-earth market. A recent trade agreement provides a crucial window for New Delhi to boost its processing and manufacturing. With rich mineral reserves and strong political backing, India can establish itself as a vital hub. This development offers a path to diversify supply chains…

Chief Economic Advisor V Anantha Nageswaran is confident India’s FY26 economic growth will surpass 6.8%, driven by increased consumption from GST rate cuts and income tax relief. He anticipates growth exceeding 6.5% and is comfortable projecting above 6.8%, awaiting Q2 numbers for a potential upward revision.

China is introducing a new licensing system for rare earth exports, aiming for a faster and easier process. While this offers longer validity and potentially larger volumes, it does not remove existing restrictions, falling short of US expectations for a full rollback. The new permits are expected before year-end, but obtaining them may remain challenging…

Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, stating the Assessing Officer failed to properly justify rejecting her voluntary disallowance of Rs 49 lakh. The tribunal found her calculations reasonable and noted inconsistencies in the department’s assessment.

Pine Labs, a leading digital payments firm, has launched its IPO to raise Rs 3,900 crore, with shares priced between Rs 210-221. The company reported strong revenue growth and narrowed losses in FY25. Analysts suggest subscribing for long-term investment, citing its potential in India’s expanding digital payments market.

Lenskart’s IPO grey market premium has plummeted by 70% ahead of its listing, raising concerns about substantial listing gains despite strong oversubscription. While the company boasts a robust business model and impressive financial growth, elevated valuations and subdued secondary market conditions are prompting caution among investors and market observers.