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Home  Business

Business

Citigroup transfers $81 trillion to customer’s account instead of only $280

Citigroup transfers $81 trillion to customer’s account instead of only $280

  • EPFO retains 8.25% interest rate on employees’ provident fund

    After the government’s ratification, the interest rate on EPF for 2024-25 will be credited into accounts of over seven crore subscribers of EPFO
  • Sebi’s news chief Tuhin Kanta Pandey played key role in Air India privatisation, new I-T Bill

    The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on February 28
  • Madhabi Puri Buch: A tenure marked by significant strides, controversies

    The tenure of India’s first woman Sebi chief saw heightened controversy, when she battled a series of allegations by Hindenburg and the Congress, while simultaneously dealing with in-house employee protests against ‘toxic work culture’
  • Sensex opens sharply lower on Feb 28, drops 840 points

    Selling seen in the auto, IT, PSU bank and metal sectors amid weak global cues, Nifty declines 254.15 points
  • Instagram users complain of sudden flood of violent and graphic content; Meta ‘fixes error’

    Users had raised concerns over the extensive push of violent and graphic content being recommended on their personal "Reels" page. Several took to social media platforms to talk about the sudden influx of such content on their Instagram pages
  • OpenAI releases GPT-4.5, its best model for chat yet. Here is what it promises

    ChatGPT Pro users will be able to select GPT-4.5 in the model picker on web, mobile and desktop
  • MacBook Air, iPad in 10 minutes? Blinkit promise to deliver

    The company has already started delivering in cities like Hyderabad, Delhi NCR, Mumbai, Pune, Lucknow, Ahmedabad, Chandigarh, Chennai, Jaipur, Bengaluru and Kolkata
  • Revenue Secretary Tuhin Kanta Pandey appointed as SEBI chairman

    Pandey will replace Madhabi Puri Buch, who completes her three-year tenure on February 28
  • Boss Wallah acquires ffreedom app to build a platform for Bharat entrepreneurs 

    Boss Wallah expects to provide a comprehensive platform that will enable thousands of entrepreneurs to acquire the skills and get the advice they need to start and grow a business
  • 6 in 10 Indian employers to deploy AI to improve reward systems

    According to the report by EY India, employers are increasingly turning to AI to streamline processes like salary bench-marking, real-time pay equity analysis, and creating customisable employee benefits
  • Markets turned volatile despite opening on positive note

    Foreign fund outflows, monthly derivatives expiry and weak global market cues pulls down Sensex and Nifty
  • Know what’s ahead for moon…

    A private company has launched a lunar lander aiming to get closer to the moon's south pole with a drone that will hop into a jet-black crater that never sees the sun
  • Infosys Mysuru campus layoffs: Pune IT workers union NITES threatens protest; tech giant defends sacking trainees

    Earlier this month, India's second largest IT services company faced backlash after it laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments
  • Opinion: Trump’s reciprocal tariffs can reshape US-India trade relations

    India should expand its export portfolio, diversifying its trade to other economies such as SE Asia and Latin America
  • India needs 1.2-1.5 tax buoyancy to achieve 6.5-7 per cent growth: EY

    The EY India Economy Watch report noted that over the past three years, gross tax revenue buoyancy has gently moderated, from 1.4 in 2024 to 1.15 in 2025 and projected to be 1.07 in 2026
  • Star Cement to set up Rs 3,200-crore plant in Assam

    Another agreement was inked between the Assam government and Matheson Hydrogen Pvt Ltd for a Rs 1,500-crore hydrogen and steam generation plant
  • Zydus launches vaccine for new strain of influenza virus

    A quadrivalent vaccine, by covering strains of both influenza A and influenza B, provides a broader protection and significantly reduces the risk of vaccine mismatch
  • India’s GDP growth in Q3 FY25 shows upward bias due to high govt spending, improved consumption

    Government capital expenditure surged to Rs 2.7 lakh crore, marking about a 30 per cent increase compared to the average of the first two quarters which was a bit muted due to general elections
  • Samsung joins with Hyundai to use private 5G network in car manufacturing

    The two companies recently completed the end-to-end Reduced Capability (RedCap) trial over a private 5G network and will showcase the technology during the upcoming 'Mobile World Congress' (MWC) 2025
  • First Made in India chip likely to be rolled out in 2025

    Over the past decade, the electronics manufacturing sector has witnessed unprecedented growth, reaching a valuation of Rs 10 lakh crore. India is currently exporting electronics worth of Rs 5 lakh crore
  • Bank of Maharashtra opens its 72nd branch in Telangana State in Ameenpur, Sangareddy

    The Ameenpur branch of BOM will extend all banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering retail, agri and MSME sectors
  • SEBI cautions public against buying properties of HBN Dairies & Allied Ltd

    The cautionary statement comes after Sebi discovered that some individuals or entities are interfering with the auction process by spreading false rumours, pretending to be Sebi officials, and trespassing on HBN properties
  • Vedanta Group to invest Rs 50,000 cr in oil and gas in Assam, Tripura

    Assam has abundant natural resources and potential to become the world's mega basin says Vedanta Group Chairman Anil Agarwal
  • Maruti Suzuki India begins commercial production in Haryana

    Maruti Suzuki aims to create a manufacturing capacity of producing 4 million cars annually to reclaim a 50 per cent market share in India and use the country as a global export hub as well
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