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RBI Governor Sanjay Malhotra dismissed US President Donald Trump's "dead economy" jibe, asserting that India is doing well and contributing 18% to global growth—more than the US. Inflation won't be impacted by potential oil-related sanctions, he added
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RBI Governor Sanjay Malhotra assured that the central bank will continue to take necessary steps to support India’s economic growth amid global trade uncertainties. He also expressed optimism about an amicable resolution to ongoing trade negotiations
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According to sources, Reliance Group Chairman sought to deny any involvement in the case, maintaining that all the financial decisions were taken by the internal board of his companies
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New Delhi calls the threat of additional tariffs “unjustified and unreasonable”
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Over 84,000 gaming account credentials were leaked in India in 2024, according to cybersecurity firm Kaspersky. The Asia-Pacific region leads globally in gaming-related data breaches, with over 11 million accounts exposed worldwide amid rising mobile and digital penetration
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The fresh funds infusion comes soon after corporate venture arm of IndiGo made its first investment in Jeh Aerospace last month
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The Centre informed Parliament that 48 passengers were placed on India’s 'no-fly list' till July 30 this year due to unruly behaviour. The DGCA rules prescribe bans ranging from three months to over two years based on severit
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Income tax returns filed online must be verified within 30 days, or they will be considered invalid. With the AY25-26 deadline set for September 15, tax experts urge users to complete the e-verification step to ensure their returns are processed
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The company has declared an interim dividend of Rs 4 per equity share, to be paid on or before August 21
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The US President had mounted a sharp attack on India and Russia for their close ties and said the two countries can take their “dead economies down together”
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The Aerocity facility, currently in the final stages of construction, is expected to command a monthly rent of around Rs 25 lakh
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Tesla awarded Elon Musk $29 billion worth of stock, months after a court struck down his earlier $56 billion pay. The new shares match terms of the old plan. Musk has appealed, and Tesla is reviewing his compensation
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The NPPA has cut retail prices of 35 essential medicines, including antibiotics, anti-diabetics, and cardiovascular drugs, to make healthcare more affordable. Retailers must comply or face penalties under DPCO and the Essential Commodities Act
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With nearly 20 lakh accounts removed proactively the platform also introduced tools like Status Ads and Promoted Channels to expand business features, amid ongoing user safety efforts
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SBI Research expects the RBI to cut the repo rate by 25 basis points in August, citing soft inflation, early festive demand, and global headwinds. It warns against delayed action that may miss the current policy window
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The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC meet, as per HSBC Global Investment Research. The report projects 7 per cent GDP growth in upcoming quarters despite inflation and corporate margin pressures
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Shares of Reliance Power and Reliance Infrastructure hit their lower circuit limits after the ED summoned Chairman Anil Ambani in a money laundering probe. The case involves alleged loan diversions exceeding Rs 17,000 crore across his group companies
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NSDL’s IPO was oversubscribed 15 times on the final day, driven by strong interest from NIIs and retail investors. The grey market premium rose to Rs 937. Share allotment is on August 2, and listing is set for August 6, 2025
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Gold prices dipped Rs 400 to Rs 97,620 per 10 grams in Delhi, tracking weak global cues and persistent selling by stockists. Silver prices tumbled Rs 2,500 to Rs 1,09,500 per kg as investor sentiment weakened due to US Fed’s hawkish stance
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An executive order from President Trump imposes a 25 per cent tariff on Indian goods, but petroleum products are on an exclusion list; analysts are awaiting details on a separate penalty for energy ties with Russia
