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"business-news"

  • 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
  • Coal India employees to wear uniforms from July; Rs 12,500 advance announced to each employee

    The objective behind the dress code is to bring uniformity and presentability among the PSU's employees, while reinforcing the company's brand through consistent employee appearance
  • No Merchant Discount Rate will be charged on UPI transactions: Finance Ministry

    Merchant Discount Rate is the cost paid by a merchant to a bank for accepting payment from their customers via digital means. Finance Ministry’s clarification comes following reports that the government is planning to impose MDR on large-ticket UPI transactions
  • Google offers buyouts to staff in latest round of cost cutting

    It’s not clear how many employees are affected, but voluntary exit offers were made to staff in Google’s search, advertising, research and engineering units, according to The Wall Street Journal
  • Jio BlackRock receives Sebi approval to launch advisory business

    Jio BlackRock, a joint venture between JFSL and BlackRock, has received Sebi and BSE approval to start investment advisory services in India. With a digital-first approach, it aims to offer global-quality, personalised financial solutions for Indian investors
  • CCEA approves projects worth Rs 6,405 crore to double railway lines

    The government approved railway doubling projects in Jharkhand and Karnataka worth Rs 6,405 crore. These will boost connectivity, create jobs, and ease freight movement. Part of the PM Gati Shakti plan, the projects aim to reduce emissions, costs, and improve efficiency
  • AI to serve as foundational technology for future networks: DoT

    AI will power future telecom networks with smarter services and automation. India, led by institutions like C-DoT and IITs, is developing AI-based telecom tech. Supported by strong policies and a growing startup ecosystem, India aims to lead global AI networking innovations
  • UN Ocean Conference: India, Norway reaffirm commitment to strengthen ties on ocean governance, fisheries

    The Indian delegation, led by Union Minister Dr Jitendra Singh, held a 'bilateral' with Marianne Sivertsen Ness, Norway’s Minister of Fisheries and Ocean Policy at the ongoing UN Ocean Conference in France
  • FM Nirmala Sitharaman asks regulators to expedite refund on unclaimed deposits, streamline KYC

    Chairing the 29th meeting of the Financial Stability and Development Council (FSDC) here, Finance Minister Nirmala Sitharaman emphasised that interest of common citizens to be kept in mind and expeditiously refund the claims of the rightful claimants
  • Citing Trump’s trade wars, World Bank sharply downgrades its forecast for global economic growth to 2.3 per cent

    World Bank forecast says President Donald Trump's trade wars are expected to slash economic growth this year in the United States and around the world
  • WWDC 2025: Apple delivers biggest visual overhaul after iOS 7 in AI era

    Apple has previewed iOS 26 at its flagship developer conference ‘WWDC 2025’ here — a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users rely on every day
  • Crypto’s trend: Publicly traded companies buying bunches of bitcoin

    President Donald Trump's media company just announced a plan to raise USD 2.5 billion to buy bitcoin, joining a growing number of so-called “bitcoin treasury companies” as the world's most popular cryptocurrency hits all-time highs
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