Air India Express announces 'Payday Sale' with fares starting from Rs. 1499
Mar 28, 2025, at 06:12 pm
Aviation major Air India Express has launched its 'Payday Sale,' offering Xpress Value fares from ₹1,499 and zero check-in baggage ‘Xpress Lite’ fares starting from Rs. 1,429 available for logged-in members booking on the airline’s award-winning website, www.airindiaexpress.com.
Govt approves 2% DA hike for central govt employees, pensioners from Jan 1
Mar 28, 2025, at 05:59 pm
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a 2% increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners.
India considers tariff cuts on US farm goods amid Trump’s trade threats
Mar 28, 2025, at 05:44 pm
New Delhi: Amid escalating tariff tensions with US President Donald Trump, India has proposed lowering import duties on American farm products, including almonds and cranberries, according to two government sources cited by Reuters.
India approves ₹25,000 cr PLI scheme for electronic components
Mar 28, 2025, at 05:38 pm
New Delhi: The Union Cabinet approved a ₹25,000 crore production-linked incentive (PLI) scheme aimed at boosting electronic component manufacturing, media reports said.
Diversifying Your Portfolio: The Role of Bonds in Wealth Management
Mar 28, 2025, at 12:15 pm
Bonds are debt instruments issued by governments, corporations, or municipalities to raise capital. When an investor purchases a bond, they lend money to the issuer, receiving periodic interest payments (coupon payments) and the principal at maturity. Key features include face value, coupon rate, maturity date, and credit rating, which determine the bond's risk and return.
OpenAI nears historic $40 billion funding round, pushing valuation to $300 billion: Report
Mar 27, 2025, at 10:29 pm
OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp., with key investors such as Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management in discussions to participate, according to sources familiar with the matter, Bloomberg reported.
Infineon eyes chip manufacturing in India, plans to double workforce by 2030
Mar 27, 2025, at 10:06 pm
German semiconductor giant Infineon CEO Jochen Hanebeck has said that the chipmaker is actively evaluating the possibility of setting up manufacturing operations in India, either independently or through a strategic partnership, The Economic Times reported.
BIS raids Amazon, Flipkart warehouses, seizes 3,500+ uncertified products
Mar 27, 2025, at 10:03 pm
New Delhi: The Bureau of Indian Standards (BIS) has launched a nationwide crackdown on uncertified products, conducting search and seizure operations at Amazon and Flipkart warehouses. Thousands of non-compliant items were confiscated during the raids.
Dell’s workforce shrinks by 10% amid cost-cutting, reaffirms DEI commitment: Report
Mar 27, 2025, at 09:40 pm
Dell Technologies' workforce shrank by 10% in fiscal year 2025, with employee numbers dropping from roughly 120,000 to 108,000 as of January 31, according to the company’s annual report, Reuters reported.
ONGC confirms crude oil reserves in Ballia, leases land for drilling
Mar 27, 2025, at 09:17 pm
New Delhi: After a three-month survey in the Ganga basin, ONGC has confirmed crude oil reserves at a depth of 3,000 metres in Ballia, media reports said.
Infosys Mysuru campus again fires trainees
Mar 27, 2025, at 08:50 pm
Mysuru: Infosys has terminated 40-45 trainees via email, just over a month after dismissing hundreds from its Mysuru campus, media reports said.
Maruti Suzuki approves third plant at Kharkhoda, total capacity to hit 7.5 lakh units by 2029
Mar 26, 2025, at 10:18 pm
Gurugram: Maruti Suzuki’s Board has approved the establishment of a third plant at Kharkhoda, Haryana, to expand its production capacity, The Economic Times reported.
India's defence ministry signs ₹6,900 cr contracts for ATAGS artillery and towing vehicles
Mar 26, 2025, at 09:53 pm
New Delhi: The Ministry of Defence (MoD) has signed contracts worth ₹6,900 crore with Bharat Forge Limited and Tata Advanced Systems Limited for the procurement of 155mm/52 Calibre Advanced Towed Artillery Gun Systems (ATAGS) and High Mobility Vehicle 6x6 Gun Towing Vehicles, respectively.
India set to surpass Japan as world’s fourth-largest economy by late 2024: IMF
Mar 26, 2025, at 09:40 pm
New Delhi: India is on track to overtake Japan and become the world’s fourth-largest economy by the third quarter of the 2024-25 financial year, according to the latest data from the International Monetary Fund (IMF).
Reliance to halt Venezuelan oil imports as US tariff threat looms
Mar 26, 2025, at 09:13 pm
New Delhi: India’s Reliance Industries, which operates the world’s largest refining complex, will cease Venezuelan oil imports following the United States’ decision to impose a 25% tariff on countries purchasing crude from the South American nation, Reuters reported.
Modi govt taps household savings to tackle $346 billion debt load: Report
Mar 26, 2025, at 07:30 pm
New Delhi: Prime Minister Narendra Modi's administration is facing a record ₹29.7 trillion ($346 billion) in maturing sovereign bonds over the next five years, a legacy of pandemic-era borrowing and infrastructure spending. To manage this burden, the Reserve Bank of India (RBI) and the government are swapping maturing debt with longer-term securities, Bloomberg reported.
Tata Group seeks additional land for Dholera semiconductor project
Mar 26, 2025, at 05:58 pm
Tata Group is seeking an additional 80 acres for the expansion of its mega semiconductor chip plant in Gujarat’s Dholera, according to a Business Standard report.
Bandhan Bank inks MoU with Indian Air Force to offer Shaurya Salary Account
Mar 26, 2025, at 04:48 pm
Private lender Bandhan Bank on Wednesday announced that it has executed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide Bandhan Bank Shaurya Salary Account, a Corporate Salary account specially designed for defence personnel.
Shiprocket launches 'Same Day Delivery' in Kolkata, empowering MSMEs with faster eCommerce logistics
Mar 25, 2025, at 11:25 pm
Kolkata: Shiprocket, India’s leading eCommerce enablement platform, has launched Same Day Delivery (SDD) in Kolkata, bringing enterprise-grade, fast deliveries to every seller of Bharat.
JSW Steel becomes world's most valuable steelmaker
Mar 25, 2025, at 10:35 pm
Mumbai: JSW Steel has now overtaken global steel giants ArcelorMittal and Nippon Steel to become the most valuable steel company in the world by market capitalisation, reaching ₹2.6 lakh crore, media reports said.
S&P cuts India’s FY26 GDP growth forecast to 6.5% amid rising US tariffs
Mar 25, 2025, at 10:04 pm
New Delhi: S&P Global Ratings has revised India's GDP growth projection for FY26 to 6.5%, down from its earlier estimate of 6.7%, as it expects Asia-Pacific economies to face pressure from rising US tariffs and a broader pushback against globalisation, according to a PTI report.
Tecno Mobile announces Bengali director-actor Shiboprosad Mukherjee as new brand ambassador
Mar 25, 2025, at 09:59 pm
Kolkata/IBNS: "Mobile and smartphone have made a new revolution," said director-actor Shiboprosad Mukherjee at the Tecno event where he was promulgated as the new brand ambassador of the company.
India’s electronics exports set to exceed ₹3 lakh cr in FY25, driven by smartphone boom
Mar 25, 2025, at 09:44 pm
New Delhi: India’s electronics exports are poised to surpass ₹3 lakh crore for the first time in FY25, with April-February figures indicating near-certain record achievement, Financial Express reported.
India scraps import duties on EV battery and mobile phone components amid tariff cuts
Mar 25, 2025, at 07:25 pm
New Delhi: The Indian government announced on Tuesday that it would remove import duties on various raw materials used in the production of electric vehicle (EV) batteries and mobile phones, media reports said.
Bank of India signs MOU with Indian Air Force for 'Rakshak Salary' package
Mar 25, 2025, at 06:07 pm
Bank of India, one of India’s leading public sector banks, announced the signing of a Memorandum of Understanding (MoU) with the Indian Air Force to extend the BOI Rakshak Salary Package to Air Force Personnel, Veterans and Agniveers (recruited under the Agnipath Scheme).
India approves seven PM MITRA textile parks to boost manufacturing and jobs
Mar 25, 2025, at 05:54 pm
New Delhi: The Indian government has approved seven Mega Integrated Textile Region and Apparel (PM MITRA) parks, aiming to bolster the country’s textile sector, India Today reported.
Samsung Electronics co-CEO Han Jong-hee dies at 63
Mar 25, 2025, at 05:42 pm
Seoul: Samsung Electronics has confirmed the passing of its co-CEO Han Jong-hee at the age of 63, according to media reports.
Women form 64.4% of India's agri workforce yet 6%-10% work in top agri companies: Report
Mar 23, 2025, at 08:58 pm
Kolkata: Women constitute 64.4 percent of India’s agricultural workforce, yet only 6 percent to 10 percent are employed in top agri and agri-related companies, according to a study by Godrej Agrovet in collaboration with the Indian Institute of Management Ahmedabad (IIMA) and Godrej DEI Lab.
OpenAI, Meta Platforms in talks with Reliance Industries for AI expansion
Mar 23, 2025, at 08:37 pm
OpenAI and Meta Platforms have held separate discussions with India's Reliance Industries about potential partnerships to expand their artificial intelligence (AI) presence in the country, technology news website The Information reported on Saturday.
India slaps anti-dumping duties on 3 Chinese products
Mar 23, 2025, at 08:16 pm
New Delhi: India has imposed anti-dumping duties on five Chinese products this month, including vacuum flasks and aluminium foil, to protect domestic industries from cheap imports, media reports said.