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Business
EPFO tells members to avoid agents, use official portal for free services
16 Jun 2025 3:52 PM IST
New Delhi, June 16: EPFO has cautioned all its members against visiting or engaging with third-party companies or agents for EPFO-related services, as this may expose their financial data to third-party entities. These external entities are not authorised by EPFO and may charge unnecessary...
Business
1st commercial consignment of premium cherries heads to Saudi Arabia, UAE:...
16 Jun 2025 3:47 PM IST
New Delhi, June 16: The first commercial consignment of premium cherries from Jammu and Kashmir is heading to Saudi Arabia and the UAE, Commerce and Trade Minister Piyush Goyal said on Monday.In a post on X social media platform, the minister said a huge market opens up for cherry farmers, who...
Business
Hong Kong-Delhi flight undergoing checks after technical issue, passengers being...
16 Jun 2025 3:44 PM IST
New Delhi, June 16: An Air India Boeing 787-8 Dreamliner flight is currently undergoing technical checks after it returned to Hong Kong on Monday shortly after taking off to Delhi due to a technical snag, the airline said.The airline said in a statement that the aircraft, operating as AI315,...
Business
Debt recovery in stressed realty projects to rise 16% in 2025-26: Report
16 Jun 2025 3:41 PM IST
New Delhi, June 16: For Asset Reconstruction Companies (ARCs), the cumulative recovery rate of Security Receipts (SRs) issued towards stressed real estate projects will increase by 16 percentage points to 38 per cent during the current financial year, according to a Crisil Ratings report...
Business
Foreign investors infuse over Rs 3,346 crore into Indian stock markets this week
14 Jun 2025 3:43 PM IST
New Delhi, June 14: Foreign portfolio investors (FPIs) brought in Rs 3,346.94 crore into the Indian stock markets this week, as investor confidence received a strong boost following the Reserve Bank of India's (RBI) rate cut.According to data from the National Securities Depository Limited...
Business
US companies achieve record-breaking office leasing volumes in India: Report
14 Jun 2025 2:53 PM IST
Mumbai, June 14: US firms have achieved record-breaking office leasing volumes in India in the past couple of years, with 2024 marking the highest annual activity ever recorded, with global capability centres (GCCs) emerging as the primary growth driver, a report showed on Saturday.The leasing...
Business
Structural reforms in last 11 years reshaped India’s macroeconomic fundamentals:...
14 Jun 2025 2:39 PM IST
New Delhi, June 14: Structural reforms over the last 11 years under Prime Minister Narendra Modi’s vision reshaped India’s macroeconomic fundamentals, Finance Minister Nirmala Sitharaman said on Saturday.India’s emergence as the fastest-growing major economy is anchored on several favourable...
Business
India inflation likely to average around 2.5% for next 6 months: HSBC
13 Jun 2025 1:25 PM IST
India inflation is likely to average around 2.5 per cent for the next six months, lower than the RBI's forecast of 3.5 per cent
Business
India inflation to average 4% this fiscal, one more RBI rate cut likely: Crisil
13 Jun 2025 1:20 PM IST
New Delhi, June 13: Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday.Lower inflation keeps the window open for one more repo rate cut by the Reserve Bank of India...
Business
Sunjay Kapur tirelessly advocated for India's manufacturing, mobility sectors:...
13 Jun 2025 1:06 PM IST
New Delhi, June 13: Sunjay Kapur was a visionary leader who tirelessly advocated for India's manufacturing and mobility sectors, said Sona Comstar on Friday, following his death late on Thursday in London, UK.Kapur, 53, chairman and non-executive director of leading auto components...
Business
India, China agree to resume direct flights soon
13 Jun 2025 12:12 PM IST
New Delhi, June 13: India and China have agreed to expedite steps to resume direct air services between the two countries and also hold talks to resolve trade issues.The decision was taken at a high-level meeting between Indian Foreign Secretary Vikram Misri and Chinese Vice Foreign Minister...
Business
IPO-bound Mangal Electrical’s net profit falls 15% in FY24 as expenses rise,...
12 Jun 2025 4:58 PM IST
Mumbai, June 12: Jaipur-based Mangal Electrical Industries has received final approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO) worth Rs 450 crore.While the IPO marks a major step forward for the company’s future expansion, its financial...
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