NEWS
Micron offers fresh $200 billion investment in US chip manufacturing to support the Trump initiative
By Unnikrishnan | 13 Jun 2025
Micron Technology, Inc, is embarking on a second round of expansion in the United States, with planned investment of $200 billion in the development and manufacture of advanced memory chips.
Cabinet approves two rail projects involving Rs6,405-cr expenditure
By Unnikrishnan | 13 Jun 2025
The Cabinet Committee on Economic Affairs (CCEA) has approved two rail track doubling projects covering seven districts in Jharkhand, Karnataka and Andhra Pradesh, adding a total 381 km of new railway tracks.
IndiGo, SpiceJet shares tumble after Air India crash and oil price spike
By Cygnus | 13 Jun 2025
Shares of major Indian aviation companies nosedived on Friday, June 13, as investor sentiment soured in the wake of a deadly Air India crash and a sharp jump in global crude oil prices.
Oil prices surge 6% as Israel strikes Iran, raising fears of Middle East conflict
By Axel Miller | 13 Jun 2025
Oil prices surged sharply on Friday, climbing more than 6%, after Israel launched a surprise strike on Iranian military and nuclear targets—an escalation that immediately stoked
Air India plane crashes during takeoff in Ahmedabad with over 200 onboard
By Cygnus | 12 Jun 2025
A major aviation incident unfolded near Ahmedabad airport on Thursday when an Air India aircraft carrying over 200 people crashed during takeoff.
Toyota’s Akio Toyoda re-elected as chairman amid $33 billion buyout spotlight
By Axel Miller | 12 Jun 2025
Toyota Motor’s shareholders have voted to re-elect Akio Toyoda as chairman, signaling strong domestic investor confidence despite growing unease from international stakeholders over a $33 billion
World Bank lowers global growth forecast to 2.3%, keeps India’s growth rate at 6.3%
By Unnikrishnan | 11 Jun 2025
World Bank cuts global growth forecast to 2.3% for 2025, flags trade barriers and policy risks; India’s growth steady at 6.3% amid global slowdown.
India moves to create domestic capacity to challenge hegemony of Big 4 audit firms
By Unnikrishnan | 10 Jun 2025
The Prime Minister’s Office (PMO) is reported to have discussed the feasibility of developing large domestic consulting capacity, building on globally accepted practices
UK’s FCA partners with Nvidia to launch AI sandbox for financial innovation
By Cygnus | 09 Jun 2025
Financial companies in the UK will soon have a new platform to explore artificial intelligence tools, thanks to a new initiative from the Financial Conduct Authority (FCA).
Oil prices edge lower on weak China data, but optimism builds around US-China trade talks CY
By Axel Miller | 09 Jun 2025
Oil prices saw a slight pullback on Monday as fresh data from China painted a dimmer picture of demand.
Consumer Protection Authority asks e-commerce firms to remove all `Dark Patterns’, desist from deceptive trade practices
By Unnikrishnan | 08 Jun 2025
The Central Consumer Protection Authority (CCPA) has issued a directive to all e-commerce firms to take necessary steps to ensure that consumers are not subjected to deceptive practices that prompt
India launches ‘Ayush Nivesh Saarthi’ portal to facilitate FDI in traditional medicine sector
By Unnikrishnan | 06 Jun 2025
India has launched a new digital platform, Ayush Nivesh Saarthi, in a move aimed at mainstreaming India’s traditional medicine sector and achieving a transformative change
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