"business-news"

JioBlackRock Asset Management, a joint venture between Jio Financial Services and BlackRock, has raised Rs 17,800 crore through its maiden New Fund Offer. The three-day NFO received strong participation from institutional and retail investors, marking a significant debut in the debt fund space

China stated that BRICS is not a confrontational bloc and targets no nation, responding to Donald Trump’s threat to impose extra tariffs on countries supporting BRICS. China reiterated its stance on open cooperation and warned against protectionist trade practices

India’s service sector has become the backbone of the nation’s economic growth, contributing 55 per cent to GVA in FY25. A new report highlights massive growth across IT, BFSI, healthcare, telecom, and e-commerce

Sebi Chairman Tuhin Kanta Pandey said the regulator does not see widespread risks similar to the Jane Street manipulation case. SEBI is planning to enhance surveillance after impounding over Rs 4,843 crore from the hedge fund for index manipulation

The company also secured European Commission authorisation, enabling the launch across the EU and EEA regions

India’s economy has tripled in a decade, with 6.5 per cent GDP growth in 2024–25 and easing inflation. Strong domestic demand, stable investment, and global confidence are fueling momentum. CPI inflation hit a six-year low, and markets remain resilient and optimistic

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

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

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

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

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

Imports from India reached a three-year high, while Pakistan’s exports remained negligible, underlining a significant trade imbalance

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

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'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 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

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 has hardened its position on giving duty concessions to American farm and dairy products as these are politically sensitive sectors

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

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