Jun 30, 2025, at 11:00 pm
The Central Board of Direct Taxes (CBDT) has made Aadhaar verification mandatory for PAN card applications, besides implementing several other financial changes starting Tuesday.
India's industrial output growth slows to nine-month low in May
Jun 30, 2025, at 06:02 pm
India's Quick Estimate of Index of Industrial Production (IIP) slowed to 1.2 percent in May 2025, a nin-month low figure, as per government data released on Monday.
Non-Banking sources of lending can spur private investment: NCAER Paper
Jun 30, 2025, at 05:09 pm
Improving access to market-based credit can help alleviate financial frictions faced by many firms, especially younger ones, and boost corporate investment, thus aiding economic growth in India, according to a research paper of National Council of Applied Economic Research (NCAER).
Nirmala Sitharaman to visit Spain, Portugal and Brazil to attend international meetings
Jun 30, 2025, at 04:42 pm
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman will lead the Indian delegation from the Department of Economic Affairs, Ministry of Finance, on an official visit to Spain, Portugal and Brazil from June 30 to July 5.
UAE to attract 9,800 millionaires in 2025: Reports
Jun 30, 2025, at 04:20 pm
The UAE is eyeing to become the world's major destination for high-net-worth individuals (HNWIs) in 2025, with the potential inflow of 9,800 millionaires, Gulf News reported, quoting the latest Henley & Partners Private Wealth Migration Report.
Jun 29, 2025, at 09:08 pm
Mumbai: In a move that signals a bold leap beyond food delivery, Zomato co-founder Deepinder Goyal is venturing into the aviation sector with a new startup—LAT Aerospace—which aims to transform regional air travel in India., media reports said.
Jun 29, 2025, at 08:40 pm
Varanasi: As part of the Indian Railways’ export push, Banaras Locomotive Works (BLW) in Uttar Pradesh’s Varanasi has dispatched two advanced diesel locomotives to Mozambique under a major export contract, media reports said.
Rosneft in early talks with Reliance to sell Nayara stake: Report
Jun 29, 2025, at 05:40 pm
New Delhi: Russian energy giant Rosneft is in early-stage discussions with Reliance Industries to sell its 49.13% stake in Nayara Energy, which operates a 20-million tonnes-per-year oil refinery at Vadinar in Gujarat and a network of 6,750 fuel stations across India, news agency PTI reported.
Jun 29, 2025, at 04:01 pm
New Delhi/Islamabad: India’s decision to ban ships carrying goods originating in or exported from Pakistan has triggered a surge in freight charges and longer delivery timelines for Pakistani importers, Dawn reported, citing industry insiders.
Nandan Nilekani named Chief Mentor of Task Force to develop India Energy Stack
Jun 29, 2025, at 03:28 pm
New Delhi: The Ministry of Power on Saturday confirmed the appointment of Infosys co-founder Nandan Nilekani as the Chief Mentor of a newly constituted Task Force to build the India Energy Stack, The Economic Times reported.
Bangladesh pays $384 million to Adani Power, trims dues under power deal
Jun 28, 2025, at 11:38 pm
Dhaka: Bangladesh has paid Adani Power USD 384 million so far in June, significantly trimming its outstanding dues under a long-term electricity supply agreement, according to a PTI report
India’s Russian oil imports set to hit 2-year high in June: Report
Jun 28, 2025, at 01:09 am
New Delhi: India’s crude oil imports from Russia are set to reach a two-year high of 2.13 million barrels per day (bpd) in June, buoyed by favourable pricing, provisional data from global analytics firm Kpler has shown, reported Financial Express.
Bank credit growth rebounds to 9.62% in June after 3 yr low in May
Jun 28, 2025, at 12:44 am
Mumbai: Bank credit growth showed signs of recovery, rising 9.62% year-on-year to ₹183.14 lakh crore as of June 13, according to the Reserve Bank of India’s latest fortnightly data released on Friday.
BHEL wins Adani Power's ₹6,500 cr order for six 800 MW thermal units
Jun 28, 2025, at 12:27 am
Mumbai: Adani Power Ltd. has awarded a Letter of Award (LoA) to Bharat Heavy Electricals Limited (BHEL) for the supply and commissioning of six 800 MW thermal units, as per a stock exchange filing dated June 27.
Masayoshi Son signals succession plan, outlines bold AI vision and US chip ambitions: Report
Jun 28, 2025, at 12:05 am
Tokyo: SoftBank Group founder and CEO Masayoshi Son has said he wants to see someone from the technology and telecom sector helm the group, revealing his vision of tech-driven progress to investors, Bloomberg reported.
Skilling, inter-sectoral linkages are key to boost employment in India: NCAER paper
Jun 28, 2025, at 12:02 am
New Delhi/IBNS: As the Indian labour market faces constraints on both demand and supply sides, inter-sectoral linkages can have a multiplicative effect on employment, increasing jobs by over 200% by 2030, relative to the existing scenario, says a research paper of the National Council of Applied Economic Research.
Mazagon Dock makes first international acquisition with controlling stake in Colombo Dockyard
Jun 27, 2025, at 10:10 pm
New Delhi: Mazagon Dock Shipbuilders Limited (MDL) on Friday said it has decided to acquire a controlling stake in Colombo Dockyard PLC (CDPLC), which is Sri Lanka’s largest shipbuilding and repair facility.
Jun 27, 2025, at 09:47 pm
Mumbai: JSW Paints Friday announced 74.76% stake acquisition in Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates in a deal valued at around Rs 9,000 crores.
Jun 27, 2025, at 05:19 pm
Kolkata/IBNS: IHG Hotels & Resorts has announced the opening of its second Holiday Inn Express hotel in Kolkata's New Town at an investment of Rs 40 crore, further expanding its footprint in India.
Term vs Life Insurance: Experts Break Down the Key Differences in 2025
Jun 27, 2025, at 02:02 pm
Choosing the right insurance plan can feel confusing. Two of the most common options are term insurance and life insurance. While both help protect your family if something happens to you, they work in different ways.
Elon Musk's aide Omead Afshar exits Tesla amid leadership churn and internal challenges
Jun 27, 2025, at 12:39 am
Omead Afshar, one of Tesla Inc.'s most influential executives and a longtime close aide to CEO Elon Musk, has left the company, according to sources familiar with the matter, Bloomberg reported.
Dollar slides as traders bet on early Fed rate cuts amid talk of Powell replacement
Jun 26, 2025, at 09:49 pm
New York: The US dollar weakened on renewed speculation that the Federal Reserve could lower interest rates sooner than previously expected, following reports that President Donald Trump may announce Jerome Powell’s replacement as Fed chair within months, Bloomberg reported.
Reliance Industries regains ₹20 lakh crore market cap as shares rise nearly 2%
Jun 26, 2025, at 09:09 pm
Mumbai: Shares of Reliance Industries Ltd (RIL) climbed nearly 2% on Thursday (June 26), helping the conglomerate reclaim a market valuation of over ₹20 lakh crore.
Step-up SIP strategy: Why it’s better than a fixed monthly investment
Jun 26, 2025, at 04:14 pm
For new and seasoned mutual fund investors alike, a Systematic Investment Plan (SIP) is one of the most accessible and consistent ways to build long-term wealth. By investing a fixed amount regularly, SIPs harness the benefits of rupee-cost averaging and the power of compounding, making them an ideal choice for those seeking disciplined financial growth.
Anil Ambani's Reliance Infra bags ₹600 cr export deal with Germany’s Rheinmetall
Jun 25, 2025, at 11:48 pm
Mumbai: Reliance Infrastructure has bagged a major export order worth ₹600 crore secured by its subsidiary, Reliance Defence.
Tata Group Chairman N Chandrasekaran takes direct control of day-to-day ops of Air India amid crisis
Jun 25, 2025, at 10:41 pm
Tata Group's chairman N Chandrasekaran has taken direct control of the day-to-day operations of Air India amid the crisis that emerged after the deadly Ahmedabad plane crash on June 12, media reports said.
Microsoft plans fresh layoffs, Xbox and sales teams likely to be hit
Jun 25, 2025, at 07:54 pm
Microsoft is reportedly preparing for another round of layoffs, with its Xbox division among the key departments expected to be affected, media reorts said.
Bank of Baroda hands over ₹2,762 cr dividend cheque to FM Sitharaman
Jun 25, 2025, at 07:09 pm
New Delhi: Public Sector lender Bank of Baroda handed over a dividend cheque of ₹2,762 crore for the financial year ended March 31, 2025, to Union Finance Minister Nirmala Sitharaman.
Centre approves Bihar’s first-ever nuclear power plant under Nuclear Energy Mission
Jun 25, 2025, at 05:54 pm
New Delhi: Bihar is set to get its first-ever nuclear power plant after the Narendra Modi government approved the project under India's new Nuclear Energy Mission, announced in the Union Budget 2025-26.
Monthly Income Schemes and ULIP for the Right Financial Planning
Jun 25, 2025, at 03:47 pm
People often think about having a regular and secure source of income after retirement or during hard times. This is why several Monthly Income Schemes (MIS), including government-backed options, have been introduced in India. With such schemes, people can invest in a safe place if they do not want to take big risks. Unlike stocks and mutual funds, they are meant to offer guaranteed monthly income. If you are someone who wants financial stability, an MIS can be an ideal choice.