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"business-news"

  • RBI to raise gold loan-to-value ratio to 85 per cent for small borrowers of up to Rs 2.5 lakh

    The increase in the loan-to-value ratio for small loans means that if the gold pledged is worth Rs one lakh, borrowers can get up to Rs 85,000 as a loan, up from Rs 75,000
  • Cryptocurrencies hamper financial stability: RBI Governor

    RBI Governor Sanjay Malhotra said the central bank is concerned about cryptocurrencies as it can hamper financial stability
  • Repo Rate and CRR cuts: A double boost for affordable housing amid global headwinds

    While the rate cut is a strong positive for real estate, especially for affordable housing, much now depends on how well it can adapt to higher input costs and ongoing global uncertainties
  • Investors dump Tesla on bet Trump may lash out at Musk

    Shares of Elon Musk's electric vehicle maker plunged more than 14% in a stunning wipe-out as investors dumped holdings amid a bitter war of words between the President and the world's richest man
  • India can increase imports of shale gas, LNG, crude oil from US

    India's exports to the US are rising, and it can increase imports of products like shale gas, LNG, and crude oil from America to diversify its import basket, as prices of these items are lower in the US, an official said
  • RBI’s monetary policy panel starts deliberations; decision on June 6

    The decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on June 6
  • FM Nirmala Sitharaman to review economy at FSDC meeting on June 10

    Finance Minister Nirmala Sitharaman is set to review the state of the economy amid global uncertainties at a meeting of the Financial Stability and Development Council (FSDC) on June 10
  • Confederation of All India Traders, Meta to train 25,000 women traders with digital skills

    CAIT and Meta have launched an initiative to equip 25,000 women traders across India with digital skills using the WhatsApp Business App
  • Maruti Suzuki plans to invest over Rs 925 crore to ramp up solar capacity by FY31

    The Maruti Suzuki company commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility
  • Sitharaman urges DRI to boost coordination with state agencies to nab masterminds

    FM Nirmala Sitharaman asked the DRI officers to investigate "holistically," keeping the big picture in focus and not merely chasing "isolated infractions"
  • India’s approach to AI regulation is pro-innovation: IndiaAI CEO Abhishek Singh

    India’s AI strategy is pro-innovation and people-centric, focusing on responsible, ethical, and safe AI applications
  • NITI Aayog suggests ‘dual-track approach’ in India-US trade, amid reciprocal tariff

    The Aayog, in a working paper titled 'Promoting India-US Agricultural Trade Under the New US Trade Regime', said that India's agricultural sector needs safeguards to ensure price stability for both producers and consumers against excessive volatility in international markets
  • ICEA rolls out industry-wide initiative to foster tech and AI innovation

    The unique industry-wide initiative to collaboratively foster tech and AI innovation will connect companies with transformative innovations across domains such as advanced manufacturing, AI, IoT, energy efficiency, materials science, and more
  • OpenAI announces its global ‘AI for Impact Accelerator Programme’ in India

    ChatGPT maker OpenAI announced the next phase of its global ‘AI for Impact Accelerator Programme’ in India, highlighting a year of support for mission-driven organisations using artificial intelligence to solve real-world social problems
  • There is need for greater certainty on India’s taxation system: IATA

    Global airlines' grouping IATA said there needs to be greater certainty in India's taxation system, which is very complex
  • TCS, Virgin Atlantic sign 7-year partnership to modernise airline’s core system with AI-led solutions

    India's largest IT services company, TCS, announced a seven-year extended partnership with Virgin Atlantic to modernise the airline's core systems with AI-led solutions that will amplify personalised, connected, sustainable experiences
  • Microsoft lays off hundreds of more employees after huge job cuts in AI era

    Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era
  • Hyundai, Kia, Mercedes Benz, Volkswagen, Skoda interested in making EVs in India: Minister

    Global automobile makers, including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said
  • Embraer in talks with IndiGo, Air India; sees lot of opportunities in India

    The company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats
  • Real cost of flying 40 per cent lower than a decade ago: IATA

    At the IATA annual general meeting, which is taking place in India after 42 years, Walsh also said the rate of growth in the airline industry has slowed down as a result of supply chain issues
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