Reserve Bank of India Maintains Policy Rate at 5.25 Percent
The Reserve Bank of India has decided to keep its policy interest rate unchanged at 5.25 percent following its latest Monetary Policy Committee meeting.
Business
Tewolde Gebremariam Appointed New CEO of Air India
Tewolde Gebremariam, former Ethiopian Airlines CEO, takes leadership of Air India as part of the airline's strategic revamp.
US Government Repays $100 Billion in Tariff Refunds to Businesses
The US government has refunded $100 billion in tariff payments to businesses following a Supreme Court decision marking tariffs as unlawful.
Nifty and Sensex Stock Market Dynamics
Analysing the current divergence between Nifty and Sensex amidst new market timings and auction sessions in the Indian stock market.
Oil Prices Surge as Tensions Rise in Strait of Hormuz
Oil prices have rebounded from a three-week low due to increasing tensions in the Strait of Hormuz, heightening concerns over global supply security.
India Proposes New Bill to Enhance Business Environment and FDI
The Indian government has introduced a bill aimed at simplifying business operations and attracting foreign investment.
US Stocks Surge Towards Record High Amid Iran Negotiations
US stock market rises as Iranian talks unfold; oil prices drop. Key indices approach record levels as geopolitical tensions shape market sentiment.
Indian Stock Market Rises: Sensex and Nifty Gain from Lower Crude Prices
Indian equity markets see significant gains as lower crude oil prices boost investor sentiment amid foreign fund inflows.
Japan and US Confirm Joint Yen Market Intervention Efforts
Japan's decision to collaborate with the US on yen interventions marks a significant move to enhance currency stability.
India Considers Increased Tax Incentives for Electronics Sector
India aims to enhance tax benefits for electronics manufacturing, potentially benefiting firms like Apple and boosting local production.
India Launches Rs 84,084 Crore Offshore Oil Exploration Initiative
India's government has approved funding for deep-sea oil exploration to enhance domestic production and reduce import dependence.
Maruti Suzuki Achieves Record Monthly Production in July 2023
Maruti Suzuki reports a record production of 248,845 units in July, marking significant growth in India's automotive industry.
Vodafone Idea Faces ₹26.83 Crore Notice Over Spectrum Obligations
The Department of Telecommunications sends notice to Vodafone Idea for ₹26.83 crore amid spectrum rollout obligations, though operations remain stable.
Maruti Suzuki Reports 11% Profit Decline Despite Rising Revenue
Maruti Suzuki's Q1 profit fell by 11% to Rs 3,352 crore, overshadowed by higher material costs despite a 36% revenue increase.
Sun Pharmaceutical Reports 27% Net Profit Increase in Q1 FY27
Sun Pharmaceutical announces a 27% rise in Q1 FY27 net profit, while experiencing a decline in US formulation sales to $427 million.
Apple's Revenue Forecast Below Expectations Amid Supply Chain Issues
Apple's latest revenue projections fall short of Wall Street targets, highlighting ongoing supply chain challenges for the tech giant.
Vedanta Appoints New CEO as Q1 Profit Surges by 72%
Vedanta's Q1 profit jumps 72% to ₹54.73 billion as Arun Misra is appointed CEO amidst rising base metal prices.
India's Gold Demand Declines 6% amid Higher Duties and Seasonal Trends
India's gold demand fell by 6% in the April-June quarter, attributed to weak seasonal demand and increased duties, according to the World Gold Council.
Adani Enterprises Reports Q1 Loss Amid Surge in Revenue
Adani Enterprises incurs Rs 1,160 crore loss in Q1, but revenue rises 50% year-on-year, indicating strong core business performance.
Dabur India Reports 15.3% Increase in First Quarter Profit
Dabur India showcases strong performance with a 15.3% profit rise, driven by growth in consumer care and food sectors, despite challenges in retail.
US-Iran Negotiations Focus on Strait of Hormuz Amid Ongoing Tensions
US President Donald Trump expresses optimism regarding Iran talks as negotiators address key issues such as transit fees and regional security.
Larsen & Toubro Q1 Profit Rises 14% Amid Strong Order Growth
Larsen & Toubro reports a 14% increase in Q1 profit, surpassing estimates, with robust order inflows and a 7% rise in revenue.
Visa Announces Workforce Reductions Amid Economic Challenges
Visa plans to cut jobs as it navigates global economic pressures and adjusts to market demands.
India Bans 'Energy Drink' Labels on Major Beverage Brands
India's food regulator prohibits top beverage brands from using the 'energy drink' label, prompting industry concerns over brand impact.
Indian Rupee Strengthens to 95.92 Against US Dollar
The Indian rupee gains 61 paise, concluding trading at 95.92 against the US dollar, influenced by geopolitical factors and central bank policies.
Bangladesh Condemns Sheikh Hasina's Media Appearance in Delhi
Bangladesh's government reacts strongly to Sheikh Hasina's virtual press conference in New Delhi, calling it an affront to national sovereignty.
Meta's Mark Zuckerberg Apologises for Content Errors on Platform
Meta CEO Mark Zuckerberg has issued an apology regarding errors related to child sexual abuse material and deepfake content on the platform.
Call for Restoration of Jammu and Kashmir Statehood
Former officials advocate for the reinstatement of Jammu and Kashmir's statehood and the repeal of the Reorganization Act.
Sonam Wangchuk Claims Breach of Trust by Union Ministers
Activist Sonam Wangchuk criticises Union Ministers for breaking promise during his hunger strike conclusion, revealing disillusionment with political leaders.
2024 Sambhal Violence Linked to Pre-Planned Conspiracy, Report States
A judicial inquiry reveals that November's violent unrest in Sambhal was incited by conspiratorial actions ahead of communal tensions.
India To Evacuate 13 Ships Amid Ongoing Crisis in Hormuz
The Indian government plans to evacuate 13 ships in the Strait of Hormuz as tensions rise in the region, affecting maritime safety.
Changes to USCIS Policy Enable Immediate Denial of Incomplete Applications
USCIS now allows immediate denial of immigration applications that lack necessary documentation or eligibility proof, effective immediately.
Close Call: Trump’s Helicopter Nears Passenger Plane
Video footage captures the moment when Marine One flew close to a passenger aircraft over Washington, prompting an investigation.
IRCC Invites Canadian Experience Class Candidates for Residency
Canada extends invitations for permanent residence to 3,000 Canadian Experience Class candidates via Express Entry, continuing its 2026 draws.
Reserve Bank of India Maintains Policy Rate at 5.25 Percent
The Reserve Bank of India has decided to keep its policy interest rate unchanged at 5.25 percent following its latest Monetary Policy Committee meeting.