Business

Strong operating cash flows, lean balance sheets, and favorable government policies position Indian companies to transform key sectors including renewables, aviation, and green hydrogen over the next five years

Finance Minister emphasised that the new facility would result in substantial cost savings on lease rentals while also improving administrative efficiency, internal coordination, and employee engagement

India's trade deal with EFTA, including Switzerland, may begin by September. It promises $100 billion investment over 15 years and lower duties on items like Swiss watches. Swiss companies are keen to invest in Indian sectors like pharma and cybersecurity

Jio BlackRock Asset Management Private Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and US-based BlackRock, announced the appointment of its executive leadership team to drive operation

India has suspended the Indus Waters Treaty with Pakistan, demanding action on terrorism and a complete treaty overhaul. Despite Pakistan's repeated outreach, India remains firm. A new study will help India fully use its share of river water

India is now the world's 4th largest stock market, with market cap surging 6x to $5.2T since 2014. The event showcased reforms, tech innovation, and investment opportunities driving this growth

In Kenya's Kibera slum, residents use Bitcoin for payments, with support from AfriBit Africa. Bitcoin offers low-cost transactions, but its volatility poses risks. While some see it as a path to financial freedom, others worry about overexposure to crypto's instability

The MSC IRINA vessel arrived at Vizhinjam at 8 am on June 9, receiving a traditional water salute on arrival

Sector consolidation in the cement industry by the big players is expected to continue as the leading companies are likely to enhance their capacity share to more than 60 per cent in the next two years, said the Dalmia Bharat leadership

Jewellery player Lalithaa Jewellery Mart has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,700 crore through an Initial Public Offering (IPO)

The rupee fell 4 paise to 85.72 against the US dollar in early trade on Monday amid rising Brent crude prices and reduced yield appeal after RBI’s 50 bps rate cut. Traders expect short-term pressure on the currency.

Sensex and Nifty opened with sharp gains on Monday following a 50 basis point rate cut by the RBI and positive global market trends. Midcaps led the rally, while investor sentiment was boosted by Wall Street and Asian market strength.

US and China will hold trade talks in London amid fresh tensions over semiconductors, rare earths, and student visas. A recent agreement to pause tariffs is at risk as both sides clash over technology limits and new economic measures

Dark patterns refer to deceptive user interface designs that nudge consumers toward decisions they might not otherwise make, like unknowingly subscribing to a service, buying additional items, or making hasty purchases due to fake urgency

Reliance Industries Chairman and Managing Director credits mentor Prof MM Sharma as a guiding force in India's economic reforms and chemical industry growth

Apple is set to unveil major AI and OS upgrades at WWDC 2025. With Apple Intelligence 2.0, deeper Siri integration, and privacy-focused AI, the company aims to reclaim leadership in the AI space and transform smartphone experiences

Infosys announced that the GST department has closed tax proceedings related to a Rs 32,403 crore notice for 2017-2022. The case involved IGST under the Reverse Charge Mechanism. With this, the matter is now officially resolved

"The President has appointed T Rabi Sankar, Deputy Governor, Reserve Bank of India (RBI), as a part-time Member of the 16th Finance Commission (XVIFC)," the ministry said

In an advisory, GSTN said taxpayers can make changes in declared outward supplies in GSTR-1A before filing their GSTR-3B in the same return period. Such changes will be auto-populated in tax payment form GSTR-3B

About 75.24 million people were living in extreme poverty in India during 2022–23, a massive drop from 344.47 million in 2011–12

President Trump plans to sell his Tesla amid an escalating feud with Elon Musk. The rift risks federal contracts worth billions and space missions reliant on SpaceX’s Dragon spacecraft. Musk recently walked back a threat to decommission Dragon amid growing political tensions

The RBI allows a single foreign institution to hold 15 per cent in a lender and has made some exceptions like that of CSB Bank, and, recently, Japan’s SMBC

Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to USD 81 billion in 2024-25, from USD 71.3 billion a year ago. However, net FDI inflows moderated to USD 0.4 billion in 2024-25, from USD 10.1 billion a year ago.

India and Switzerland already have an automatic exchange of information framework in place for bank accounts and other financial assets held by Indians in Switzerland, and vice versa