Business

The Union Cabinet has approved a Rs 1.07 lakh crore Employment-linked Incentive scheme to create over 3.5 crore jobs in two years. Employers will receive up to Rs 3,000 per month for hiring first-time employees, with extended benefits for the manufacturing sector

The increase in ATF price will add to the burden on commercial airlines, for whom fuel makes up for almost 40 per cent of the operating cost

Over the past one month, the stock of the Bhavish Aggarwal-led company has lost 21.74 per cent of its value

Coal India Ltd reported an 8.5 per cent drop in June production to 57.8 MT, likely due to monsoon disruptions. Offtake also fell. Despite this, the government assures no coal shortage and remains focused on reducing imports and boosting domestic output

India’s largest lender marks its 70th anniversary, plans to “solarise” 4 million homes by FY27

Globe Civil Projects Ltd made a strong market debut, with shares jumping over 28% on the BSE and NSE against the IPO price of ₹71. The ₹119-crore IPO was oversubscribed 86 times, reflecting high investor demand and strong listing gains

Gregory Gumucio, founder of the "Yoga to the People" chain, was sentenced to four years in prison for conspiring to defraud the IRS. He failed to pay over $2.5 million in taxes while operating a multimillion-dollar international yoga business

The stock plunged 11.58 per cent on June 30 to settle at Rs 48.79 apiece on the BSE. During the day, it lost 14.82 per cent to Rs 47. On the NSE, the stock cracked 11.19 per cent to Rs 48.95

The company operates three manufacturing facilities for Microcrystalline Cellulose, one of which is the Hyderabad unit where the incident occurred

While AM Green did not give the value of the transaction, Orix said the transfer price is USD 1.282 billion(S)

The increased fares come into effect from July 1. However, the fares of suburban trains and monthly season tickets have been left unchanged in the interest of daily commuters

A major upgrade to the Passenger Reservation System will also increase booking capacity, with Tatkal ticket authentication becoming mandatory from July 1 onwards

The Centre and LIC together own nearly 95 per cent of the bank, and of this, 60.72 per cent is up for sale as part of the the government’s ongoing disinvestment plan

The ‘One Nation, One-Tax’ was launched by Prime Minister Narendra Modi on July 1, 2017

Three names emerge as frontrunners for the top post; IndusInd Bank set to submit CEO shortlist to RBI amid leadership crisis

The rupee gained 6 paise to 85.44 against the US dollar in early trade on Monday, supported by lower crude prices and a weaker dollar index. A ceasefire in the Middle East and strong FII inflows boosted investor sentiment.

Sensex and Nifty opened lower on Monday after a four-session rally, led by profit-booking in bank stocks. Sensex dropped 182 points and Nifty 46 points. FIIs remained net buyers while global cues were mixed, with Brent crude trading lower.

The larger question is whether India can go beyond being a destination for smartphone assembly and become a true global manufacturing giant

Anant Ambani, son of Mukesh Ambani, has been appointed Executive Director of Reliance Industries. He will earn ₹10–20 crore annually plus profit-based incentives and perks. The move is part of a succession strategy involving all three Ambani siblings

India’s USD 900 billion retail sector is showing signs of recovery, with 7 per cent sales growth in May 2025, according to RAI. Quick service restaurants and consumer durables led the rise. The industry expects 9–10 per cent growth as festive spending strengthens

Pakistani importers now depend on feeder vessels, causing delays of up to 50 days, with limited but rising export-related costs

India’s booming automobile sector, contributing over 7 per cent to GDP, is key to its $5 trillion economy goal. With strong policy support, EV adoption, and local manufacturing growth, it reflects India’s rise in global auto production and clean-tech innovation

India's cement sector recorded 39.6 million MT production in May 2025, marking 9% YoY growth. ICRA projects continued demand from housing and infrastructure, forecasting 6–7% growth in FY26 and improving operating margins across cement firms

Indian IT giants are shifting focus from general digital services to AI integration. Rather than building AI models, they aim to lead in applying AI across businesses, investing in employee upskilling, partnerships, and innovation labs to drive enterprise-wide AI adoption