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Says Sebi investigation began in April 2024 during her tenure; calls media allegations of regulatory failure “unfortunate”
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US President Donald Trump said the country is close to finalising a trade deal with India, as his administration sends out tariff letters to other nations. India, spared from this round, has three more weeks to conclude an interim agreement
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The US has extended the suspension of reciprocal tariffs against India until August 1, offering a temporary relief to exporters. This extension provides negotiators more time to resolve pending issues ahead of finalising an interim India-US trade agreement
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Ola Electric has begun rolling out its new MoveOS 5 software to S1 scooters and Roadster X bikes. The upgrade, delivered via OTA, promises better range, improved performance, and a more refined riding experience, especially on the Gen-3 platform
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Indian textile stocks surged after US President Donald Trump imposed a 35 per cent tariff on Bangladeshi goods. Companies like Gokaldas Exports and Vardhman Textiles saw gains. The US warned of further action if Bangladesh retaliates with higher tariffs.
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Smartphone brand realme has appointed actor Vicky Kaushal as its brand ambassador ahead of the July 24 launch of the realme 15 Series
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The UAE has revamped its Golden Visa scheme, offering lifetime residency for AED 100,000 (~Rs 23.3 lakh). This change may reshape Indian investment strategies, shifting focus from residency-based property purchases to long-term, value-driven real estate decisions
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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
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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
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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
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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
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The company also secured European Commission authorisation, enabling the launch across the EU and EEA regions
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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
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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
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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
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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
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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
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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
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Imports from India reached a three-year high, while Pakistan’s exports remained negligible, underlining a significant trade imbalance
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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
