Business

Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era

Kicking off the summer with the launch of its indulgent Alphonso Mango range, followed closely by the refreshing Taati Munjalu (Ice Apple) flavour, Cream Stone has infused a fresh burst of premium taste into its stores, delighting customers.

Hyderabad’s residential property market saw a 12% YoY dip in April 2025 registrations, yet premium home demand remained strong, with Rs. 1 crore-plus units contributing 51% of value. Rangareddy led registrations, reflecting resilience in the high-end segment.

Global automobile makers, including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said

The company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats

At the IATA annual general meeting, which is taking place in India after 42 years, Walsh also said the rate of growth in the airline industry has slowed down as a result of supply chain issues

Created under Agri Stack as part of the Digital Agriculture Mission, these IDs are maintained by the State Governments/ Union Territories

The Central Bank is projected to cut the repo rate by another 50 basis points (bps) this fiscal (FY26), after the 50 bps cut until April this year

Tesla is not interested in manufacturing cars in India but keen on establishing showrooms in the country, Union Heavy Industries Minister H D Kumaraswamy said

According to the notification, the maximum number of EVs to be imported under this scheme will be such that the maximum duty foregone per applicant will be limited to Rs 6,484 crore

Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation

RE reported a 26 per cent jump in total sales at 89,429 units in May, as compared to 71,010 units in the same month last year

The company's total sales stood at 63,551 units in May last year, Hyundai Motor India Ltd (HMIL) said in a statement

Benchmark indices Sensex and Nifty slumped sharply on Monday amid weak Asian market cues, renewed trade war fears after Trump’s steel tariff hike, and continued FII selling. India’s strong Q4 GDP growth offered some support despite global market volatility.

The rupee rose 12 paise to 85.43 against the US dollar on Monday, buoyed by weak global cues and robust GDP data. Analysts await RBI’s rate decision and PMI data as markets remain volatile amid foreign fund outflows and high oil prices.

The Unified Payments Interface (UPI) has posted a robust recover in the month of May by processing 18.68 billion transactions, up from 17.89 billion in April

The mini-ministerial meeting will be held on the margins of the OECD (Organisation for Economic Co-operation and Development) Ministerial Council Meeting in Paris

Kia India reported a 14 per cent year-on-year increase in dispatches to dealers in the domestic market

In May, gross revenues from domestic transactions rose 13.7 per cent to about Rs 1.50 lakh crore, while GST revenue from imports grew 25.2 per cent to Rs 51,266 crore

The price of natural gas from legacy fields allocated to state-owned ONGC without auction has been reduced from USD 6.75 to USD 6.41 per million British thermal units (mmBtu)

EY India's Chairman and CEO Rajiv Memani has assumed office as the President of the Confederation of Indian Industry (CII) for 2025-26

VinFast, the electric vehicle (EV) unit of Vingroup, plans to launch its VF7 and VF6 models in India before the festival season this year

Union Minister Goyal is scheduled to hold bilateral meetings, including with Eric Lombard, Minister of Economy, and Laurent Saint-Martin, French Trade Minister, according to the Commerce Ministry

In May 2024, Toyota Kirloskar Motor had sold a total of 25,273 units