Citigroup to cut 3,500 tech jobs in China by Q4 2025 to streamline operations and improve risk management, retaining around 2,000 employees.
Akasa will have 15 domestic departures from the airport initially, which will go up to 50 by the end of the winter schedule
India and the US are actively engaged in discussions to finalize an initial tranche of a bilateral trade agreement (BTA). American officials have arrived in Delhi for negotiations aimed at enhancing market access and supply chain resili ...more
The RBI maintains its cautious stance on cryptocurrency, citing potential risks to financial stability and monetary policy, despite the Supreme Court's view against a ban. A government committee is currently reviewing the matter. The RB ...more
The Sensex surged by 747 points, closing at 82,189, following the RBI's unexpected 50 basis points interest rate cut, which is expected to stimulate economic growth by making loans more affordable. Banking and financial stocks spearhead ...more
RBI has introduced revised guidelines for gold and silver-backed loans, effective April 1, 2026, aiming to boost credit access for small borrowers. The loan-to-value ratio for smaller loans up to ₹2.5 lakh is now 85%. Simplified owner ...more
Infosys has announced the closure of pre-show cause notice proceedings by the Director General of GST Intelligence (DGGI) regarding a Rs 32,000-crore tax controversy. The DGGI closed proceedings for financial years 2018-19 to 2021-22, f ...more
Only 75.24 million people were living in extreme poverty in India during 2022-23, a drastic reduction from 344.47 million in 2011-12, according to the data
The main objective behind slashing the repo rate by 50 bps at one go was to bring certainty in an environment of uncertainty, says RBI Governor
The rupee strengthened to 85.68 against the US dollar following a surprise 50 basis point repo rate cut by the RBI. This move, coupled with a phased CRR reduction, boosted domestic equities and injected liquidity into the banking system ...more
Tata Electronics and Bharat Electronics Limited (BEL) have partnered to boost indigenous semiconductor and electronics development. The MoU, signed on June 5, 2025, aims to meet India's increasing demand through joint efforts in semicon ...more
It appears that with the Golf GTI’s arrival, Indian petrolheads have a reason to celebrate
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