BUSINESS

Ericsson to add 150+ R&D roles in Bengaluru to boost chip design for 5G networks

ECONOMICS TIMES
4 hours ago
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DoT puts out draft rules to enable mobile user validation

The draft rules would allow the government to order validation of private firms’ customers, if they use a mobile number. Companies can also undertake such verification themselves, for a fee.

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GIA announces new initiatives for Indian market

Introduces Finished Jewellery Report & Coloured Stone Report to boost trade, consumer confidence

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India-ASEAN FTA review to be completed as soon as possible: MEA

Commerce Minister Piyush Goyal recently said getting into a free trade pact with competitors was silly

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Bank holidays: Will banks be closed on June 27 for Jagannath Rath Yatra? Check details

Get ready for a three-day banking break in Odisha and Manipur starting June 27, 2025. Rath Yatra kicks off the closures, followed by the usual weekend shutdowns. Mizoram banks will also be closed on June 30 for Remna Ni. Plan your trans ...more

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Surplus rain boosts storage in India’s key reservoirs

Water level rises to 36.42% of the capacity on 9 per cent excess South-West monsoon rainfall

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Corporate debt levels: Indian companies’ debt growth slows to 2.9% in FY25; firms turn inwards for funds

A Bank of Baroda report indicates Indian companies are increasingly funding growth internally. Corporate debt growth slowed to a 2.9% CAGR between FY21-FY25, a significant drop from the previous five years. While investment in fixed ass ...more

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Packaged food sector expected to see stabilisation after tough few quarters: Nestle India CMD

The company’s board also approved issuance of bonus equity shares in the ratio 1:1 to its existing shareholders and said the record date to determine shareholder eligibility will be announced in due course.

THE HINDU BUSINESS LINE
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Energy sector futures: NSE to launch electricity futures in coming weeks; fees waived for first 6 months

The National Stock Exchange (NSE) is poised to introduce electricity futures contracts within weeks, having secured regulatory approval. This initiative aims to provide power sector participants with a hedging mechanism against price vo ...more

TIMES OF INDIA
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Gen Z consumers to power Nykaa’s growth ambitions in beauty, fashion

In the next five years the target is to growth Nykaa Fashion 3-4 times and achieve a steady 10 per cent EBITDA margin

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‘End of New York City as we know it…’: Why Zohran Mamdani’s possible win in mayoral race has Wall Street fretting; sense of doom prevails

Zohran Mamdani's unexpected rise in the New York mayoral race is causing unease on Wall Street, with concerns about increased taxes and potential exodus of wealthy residents. His populist policies and social media savvy have garnered si ...more

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COMMODITIES

Indian cotton acreage likely to increase despite setbacks in some pockets

Coverage of the crop has been affected in Telangana due to deficient rain; some farmers may shift to groundnut in Gujarat

THE HINDU BUSINESS LINE
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MARKET

Finance minister Nirmala Sitharaman holds review meeting with officials at GIFT City

Sitharaman, who held closed-door meetings during the day, reviewed the progress of GIFT City project and discussed the way forward

THE HINDU BUSINESS LINE
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BANKING

Banks’ credit growth dropped below 10 per cent as on May 30, 2025

Deposit growth decelerated from 10.6 per cent, as on March 21, 2025 to 10.1 per cent, as on May 30, 2025

THE HINDU BUSINESS LINE
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