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LIC Housing Finance has reduced new home loan interest rates to 7.50 per cent , effective June 19, following the RBI’s repo rate cut. The move coincides with its 36th Foundation Day and aims to boost home ownership in affordable and mid-income segments
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ONGC has made significant progress in controlling the June 12 gas blowout at its Rudrasagar well in Assam. With gas flow rates down and expert support in place, containment efforts continue amid strict safety monitoring and resident evacuations
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SEBI Chairman Tuhin Kanta Pandey said there are no remaining obstacles to the NSE’s IPO, pending submission of its DRHP. SEBI is also tightening scrutiny on market manipulation in SME IPOs and derivatives, promising strict action against irregularities
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India’s net direct tax collection fell 1.39% to ₹4.59 lakh crore so far this fiscal due to slower advance tax inflows and a surge in refunds. Corporate tax collections declined over 5%, while STT registered a 12% increase
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NTPC’s board has approved raising up to ₹18,000 crore via non-convertible debentures (NCDs) or bonds through private placement in the domestic market. Shareholders’ approval will be sought through a postal ballot, and funds will be raised in up to 12 tranches
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India Cements Ltd will sell its subsidiary, Industrial Chemicals and Monomers, to Mirai Sensing for Rs 97.68 crore. Following UltraTech Cement's acquisition of ICL in December 2024, this move marks further restructuring, with the sale expected to conclude in six months
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The Indigenous Tribal Leaders’ Forum (ITLF) in Manipur’s Churachandpur district has ended its indefinite shutdown following an agreement with local authorities after the death of a Kuki woman during a crossfire. Her funeral will be led by a philanthropic organisation
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Indian astronaut Shubhanshu Shukla and the Axiom-4 crew will conduct a pioneering study on glucose and insulin in microgravity. This could unlock advanced wearable tech and AI models to revolutionize diabetes care for astronauts and patients with limited mobility on Eart
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ICMR has created India’s first national rare blood donor registry to aid patients with uncommon blood types. Integrated with e-Raktkosh, the platform aims to streamline access to rare blood, particularly for those with thalassemia, sickle cell disease, or high-frequency antigen antibodies
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A man in Gonda, Uttar Pradesh, arranged the temple wedding of his wife of 15 years to her alleged lover, claiming she tried to poison him and harm their son. The wife has denied the charges and said the wedding was forced
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At Super AI in Singapore, Vexoo Labs highlighted how most AI tools "hallucinate" and are unfit for India’s manufacturing MSMEs. The company promotes a trust-first, accuracy-focused AI model designed for Tier-II and Tier-III cities fueling India’s industrial growth
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Under Operation Sindhu, nearly 290 Indians, including 190 from Jammu and Kashmir, returned safely from conflict-hit Iran. The government confirmed more evacuations are planned, including from Israel, amid rising tensions in the region. Returnees praised the swift response and support
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The Ministry of New & Renewable Energy has launched a ₹2.3-crore startup innovation challenge to accelerate rooftop solar and renewable energy solutions in India. Startups can apply by August 20 to compete for cash prizes and incubation support
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An Air India Delhi–Pune flight suffered a bird hit on Friday, leading to cancellation of the return journey. The aircraft landed safely in Pune. Air India is providing refunds, rescheduling, and accommodation. Separately, the airline is suspending 38 global flights
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Sebi has proposed guiding principles for the use of AI and ML in securities markets, aimed at safeguarding investor interests and market integrity. The regulator is seeking public feedback on a framework to ensure transparency, accountability, and responsible use of such technologies
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At Tata Motors’ AGM, Chairman N. Chandrasekaran led a minute of silence for Air India AI-171 crash victims, paid tribute to Ratan Tata, announced the demerger into three listed entities, reported record FY25 financials, and recommended a Rs 6 per-share final dividend
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Following the June 12 Air India Dreamliner crash, bookings have dropped by up to 20 per cent and fares have fallen 8–15 per cent on key routes. Increased cancellations were reported, especially among international and corporate travelers, though experts expect short-term impact
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Sensex and Nifty rebounded over 1 per cent on Friday after three days of decline, driven by falling crude prices, easing geopolitical tensions, and foreign investor interest. Gains were seen across sectors, especially telecom, finance, and tech, with improved global cues.
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Sun TV Network has denied allegations made by DMK MP Dayanidhi Maran against promoter Kalanithi Maran over ownership disputes. Calling it a personal family matter, the broadcaster said all agreements were legally compliant and operations remain unaffected
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HAL has won ISRO’s bid to manufacture the SSLV, a rocket for launching small satellites into low Earth orbit. ISRO will assist HAL for two years, after which HAL can improve the design and choose its own vendors