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"business-news"

  • Google’s move to make India’s digital space safer

    The company during the Google India Summit unveiled Safety Charter which is built around three key goals — keeping internet users safe from scams and frauds, strengthening cybersecurity for governments and businesses and building responsible AI systems
  • Vishal Mega Mart shares decline after Rs 10,488 crore block deal

    Vishal Mega Mart's stock fell after a big Rs 10,488 crore block deal by promoter Samayat Services. The sale followed the end of a lock-in period. Though shares dropped, experts say the company remains strong, urging short-term caution
  • PM-WANI scheme: TRAI finalises tariffs to boost retail broadband connectivity for wi-fi service providers

    TRAI set new broadband pricing rules for public Wi-Fi providers (PDOs) under the PM-WANI scheme, capping tariffs at twice the retail FTTH rates. This move aims to boost affordable public Wi-Fi and support digital inclusion across India
  • UPI transactions set to become faster from June 16

    From June 16, UPI payments will process faster, completing within 10–15 seconds. NPCI also set a 50-times daily limit for balance checks and tightened beneficiary name rules to boost security and user experience in India’s growing digital payment space
  • India’s merchandise trade deficit reduces to $21.88 billion in May

    India’s trade deficit narrowed to $21.88 billion in May 2025, helped by strong electronics exports and falling imports. Forex reserves rose to $696.66 billion, boosting the RBI’s ability to stabilize the rupee amid global uncertainty and geopolitical tensions
  • WPI inflation declines to 14-month low of 0.39 per cent in May on easing food, fuel prices

    Wholesale inflation fell to 0.39% in May due to lower food and fuel prices. However, rising crude oil prices and monsoon delays may push inflation up slightly in June. Retail inflation remains low, supporting RBI’s recent interest rate cut
  • Oil prices in international market jump as Mideast tensions escalate

    Oil prices surged after Israel attacked Iran’s South Pars gas field amid escalating tensions. While analysts expect temporary price hikes, any disruption to the Strait of Hormuz or broader conflict could lead to lasting price increases
  • Donald Trump gives green signal for Nippon Steel investment in US Steel

    President Trump approved Nippon Steel’s investment in US Steel, with conditions to protect US national security. The $28 billion deal includes $11 billion in investments, a “golden share” for government control, and commitments to keep US operations active and American-led
  • Air India, AI Express to do away with flight number ‘171’

    The Boeing 787-8 Dreamliner aircraft that went down soon after take-off was operating the flight ‘AI 171’ from Ahmedabad to London Gatwick
  • ITC completes buying of 24 Mantra Organic brand owner Sresta Natural

    ITC has acquired Sresta Natural Bioproducts, owner of 24 Mantra Organic, for Rs 472.5 crore. This move boosts ITC’s presence in the organic food market, offering over 100 products and connecting with 27,500 organic farmers across India
  • Andhra Pradesh government partners with WEF to establish first thematic centre for Energy, Cyber Resilience

    The centre will collaborate with WEF's centres for Energy, Materials, and Cybersecurity, aiming to develop green industries, AI-led governance, and pilot sustainable technologies
  • Finance Minister to review Public sector bank performance on June 27 after RBI rate cut

    to discuss host of issues, including review of financial performance and implementation of various government schemes
  • 11A, the economy class seat of the lone AI171 plane crash survivor

    Air India's AI171 flight crashed after takeoff, killing 241 people. The only survivor, seated in 11A near an emergency exit, may have escaped due to the seat's location. The plane gave a MAYDAY call but soon lost contact
  • LIC relaxes claim settlement process of Air India plane crash victims, expedite process

    After the Air India crash, LIC and Bajaj Allianz have eased claim rules and are speeding up settlements for victims’ families. LIC accepts government proof instead of death certificates, and both insurers have simplified processes to quickly support affected claimants
  • Hyderabad sees 37 per cent surge in premium home sales in May 2025

    In contrast, homes priced below Rs 50 lakh and those in the Rs 50 lakh to Rs 1 crore range witnessed a decline in volumes, despite continuing to account for 55 per cent and 26 per cent of total sales, respectively
  • Oil prices in international market jumps 9 per cent

    Oil prices jumped over 9% after Israel attacked Iran’s nuclear sites, raising tensions. Iran may retaliate, risking wider conflict. Despite supply risks, markets are well-stocked. India’s inflation and economy remain stable for now, says Emkay Global
  • SBI recruits 505 probationary officers to strengthen process and delivery

    SBI hired 505 probationary officers to strengthen its workforce across the country, offering diverse career opportunities in various banking sectors. Along with this, 13,455 junior associates were recruited to improve customer service
  • Asian shares slide while oil prices surge after Israel’s strike on Iran

    US benchmark crude oil rose by $5.6, or 8.2%, to $73.61 per barrel. Brent crude, the international standard, increased by $5.52 to $74.88 per barrel
  • NPCI, IDRBT join hands to bolster security for digital payments

    NPCI and IDRBT will jointly offer specialised training programmes for technology and cyber security professionals in the banking and digital payments sectors
  • Boeing’s ‘Dream’liner crashes again

    The crash of Air India Ahmedabad-London flight puts the spotlight back on the troubled legacy of Boeing’s Dreamliner
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