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"business-news"

  • National Medical Council relaxes medical faculty rules

    New NMC 2025 rules allow non-teaching consultants with experience to become professors without senior residency. Government hospitals with 220 plus beds can become teaching institutes. The reforms aim to expand medical faculty, boost MBBS/PG seats, and strengthen India’s healthcare education
  • India’s free trade agreements will never come at the cost of national interest: Piyush Goyal

    Commerce Minister Piyush Goyal assured traders that India’s free trade agreements will protect national interests and sensitive sectors. Speaking in Srinagar, he said FTAs aim for reciprocal benefits, fair trade, and domestic growth, especially amid US tariff hike talks
  • Govt aims to make India globally trusted partner in supply chains: Piyush Goyal

    Commerce Minister Piyush Goyal praised India’s engineering growth and visited the KIADB Aerospace SEZ, highlighting HAL and Safran's collaboration. Their LEAP engine parts production boosts “Make in India” goals and strengthens India’s role in global aerospace supply chains
  • FM Nirmala Sitharaman discusses issues of bilateral cooperation with Russian, Chinese counterparts

    Finance Minister Nirmala Sitharaman held key meetings with leaders from Russia, China, Indonesia, and Brazil during BRICS in Rio. Discussions focused on global cooperation, financial reforms, digital payments, climate finance, and boosting voices of developing nations
  • Setback to Saif Ali Khan in Rs 15,000-crore Bhopal property case

    The Madhya Pradesh High Court has ordered a retrial, setting aside a 2000 verdict that had favoured Saif Ali Khan’s family. The court cited legal lapses and directed a year-long deadline
  • India-Pakistan trade continues in May despite border tensions

    Imports from India reached a three-year high, while Pakistan’s exports remained negligible, underlining a significant trade imbalance
  • Crude oil prices may recover as supply stabilises and tensions ease

    Traders are focused on the July 5 OPEC+ meeting, where a third consecutive production hike of 4,11,000 barrels per day is expected to be approved for August
  • RVNL secures Rs 143 crore order from Southern Railway for traction system upgrade

    The scope of work includes converting the existing 1x25 kV traction system to a more advanced 2x25 kV system on the Salem Junction–Podanur Junction and Coimbatore Junction–Podanur Junction–Irugur sections.
  • India becomes world’s fourth most equal country, says World Bank report

    India's Gini index stands at 25.5, ranking it the fourth most equal country globally, ahead of China and the US, according to the World Bank. This reflects India's success in reducing poverty and implementing inclusive welfare and financial initiatives
  • Zerodha CEO warns retail trading could dip if Jane Street exits

    Zerodha CEO Nithin Kamath warned that retail trading may be affected if proprietary trading giants like Jane Street withdraw from Indian markets. Kamath's remarks follow Sebi’s order barring Jane Street over alleged market manipulation and impounding over Rs 4,843 crore
  • India proposes WTO-sanctioned tariffs on US over auto duties

    On March 26, the US adopted a safeguard measure in the form of a tariff increase of 25 per cent ad valorem on imports of passenger vehicles and light trucks, and on certain automobile parts from India
  • India-US interim trade talks in final phase, deal likely before July 9

    India has hardened its position on giving duty concessions to American farm and dairy products as these are politically sensitive sectors
  • MakeMyTrip completes share repurchase to cut China-based Trip.com’s stake

    With the repurchase, Trip.com’s voting power in the travel booking platform has come down to 16.90 per cent from 45.34 per cent
  • Govt extends NPS-like tax relief to Unified Pension Scheme subscribers

    UPS is applicable to the central government employees who are covered under the NPS and who choose this option under the NPS, which came into effect on January 1, 2004
  • China imposes anti-dumping duties of up to 34.9 per cent on European brandy as trade tensions rise

    China has imposed anti-dumping tariffs of up to 34.9 per cent on European brandy, mainly targeting French cognac, amid escalating trade tensions. The move follows EU's probe into Chinese EVs and adds strain ahead of the upcoming China-EU summit
  • EaseMyTrip co-founder pledges share worth Rs 93.6 crore for ‘personal use’

    Prashant Pitti pledges 9 crore shares in the company to Motilal Oswal Financial Services. Move comes at a time when the company is already under scrutiny for alleged links with Mahadev Betting App
  • Pakistan, Russia plan road and rail links to boost trade routes

    Pakistan and Russia have agreed to expand regional rail and road networks to improve trade links and offer landlocked Central Asian countries access to warm waters. The collaboration aims to position Pakistan as a strategic transit hub connecting Asia and Russia
  • Massive stock market scam: How US firm Jane Street rigged Indian indices for Rs 43,000 crore profit

    Sebi bans Jane Street and three of its related entities — JSI2 Investments Private Ltd, Jane Street Singapore Pte Ltd, and Jane Street Asia Trading Ltd — from accessing the Indian securities market until further notice
  • Realme releases new teaser for launch of 15 Series with cryptic ‘Live for Real’ poster

    Realme teases its upcoming 15 Series with a mysterious campaign and tagline "Live for Real." Featuring AI camera upgrades and flagship features in the Pro model, the phone is expected to launch in India soon, sparking celebrity collaboration rumours
  • India launches anti-dumping probe on polyethylene imports from six nations

    India’s Directorate General of Trade Remedies has initiated an anti-dumping probe into polyethylene imports from six countries after a domestic industry complaint. The investigation could lead to duties if material injury from cheap imports is established, per WTO rules
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