Mahendra Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India
Petroleum Minister Hardeep Singh Puri stated that global crude oil prices remain stable despite geopolitical tensions, indicating sufficient energy resources worldwide. India is actively engaging in global energy forums and expanding it ...more
The rupee strengthened to 85.76 against the US dollar, buoyed by a weaker dollar and lower crude oil prices. Gains were capped by persistent foreign fund outflows and uncertainty surrounding India-US trade talks. India's merchandise exp ...more
State Bank of India has revised its fixed deposit interest rates. The new rates apply to short-term deposits. These range from 46 days to less than a year. The reduction is 15 basis points. Revised rates are effective from July 15, 2025 ...more
Air India has partially restored its international flight schedule that was temporarily reduced or paused for 'safety checks' following the tragic crash in Ahmedabad on June 12. In a statement, Air India said that during the pause, it performed additional precautionary checks on its Boeing 787 fleet.
Despite global headwinds, India's economy is projected to grow at 6.5% in FY26, driven by domestic tailwinds like low inflation and a benign interest rate environment. Strong gross FDI inflows and rising public capex further support thi ...more
Agrawal will retire as CEO of Wipro Consumer Care & Lighting and MD of Wipro Enterprises in Jan 2026, but his legacy, etched across 40 years of acquisitions, brand reinventions and measured ambition, will stay
Nvidia's CEO, Jensen Huang, announced that the company has received approval from the Trump administration to begin selling its H20 chips to China. This decision reverses earlier export restrictions that had blocked sales of high-end AI ...more
Interview with Vibha Padalkar, Managing Director and CEO, HDFC Life Insurance
Expansion rate likely to slow down as inventories, higher tariffs may dampen demand
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