After the Reserve Bank of India (RBI) cracked down against Paytm Payments Bank and its regulatory violations, traders' body CAIT issued a cautionary advice to Paytm users, urging them to switch to other payment apps.

The Confederation of All India Traders (CAIT) said in a statement that traders are advised to use payment platforms other than Paytm for business-related transactions as RBI has sounded an alarm about several risks in Paytm Payments Bank due to KYC violations.

Tata-owned Air India on Friday unveiled a limited period sale, offering attractive discounts on fares for domestic and international destinations. The bookings are open for only four days from February 2 to 5, for travel between February 2 and September 30.

According to a statement released by the airline, the economy class fares for domestic routes start from as low as ₹1,799 while one-way business class fare is at ₹10,899.

For international routes, the one-way all-inclusive economy class fares start from ₹3,899 and the Return economy class fares start from ₹9,600 on select destinations.

Elon Musk suffered one of the biggest legal losses in US history this week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an unlikely opponent, a former heavy metal drummer.

Richard Tornetta sued Musk in 2018, when the Pennsylvania resident held just nine shares of Tesla. The case eventually made its way to trial in late 2022 and on Tuesday a judge sided with Tornetta, voiding the enormous pay deal for being unfair to him and all his fellow Tesla shareholders.

A day after the commencement of the Budget Session of Parliament, Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 later this morning. Here’s what to expect: Given that this is an interim Budget, no big policy announcements are expected. Rather, this year’s Budget is likely to be a report card of the Modi government’s triumphs over the last decade. Notably, the budgeted fiscal deficit of 5.9 per cent of the gross domestic product (GDP) for the current fiscal is likely to be achieved. Correspondingly, the debt-GDP ratio at 54 per cent is also well above the target of 40 per cent.

India’s largest automobile player, Maruti Suzuki India Limited, is expected to post healthy revenue and net profit growth in the December quarter, on the back of a favourable product mix and improved volumes.

The 4-wheeler major’s profit is expected to increase 21 percent on-year to Rs 2,838 crore for October to December quarter, according to an average of seven brokerage firms’ estimates. Its revenue from operations is projected to rise 15 percent on-year to Rs 33,385 crore, estimates suggest. The company clocked a profit after tax of Rs 2,351.3 crore during the same period last year.