NEWS

RBI allows rupee transactions by non-residents using rupee accounts in India

RBI allows rupee transactions by non-residents using rupee accounts in India

19 Jan 2025

Reserve Bank of India (RBI) has liberalised the extant Foreign Exchange Management Act (FEMA) 1999, facilitating rupee transactions between non-residents

Central staff, pensioners may get around 25% hike in salaries and pensions

Central staff, pensioners may get around 25% hike in salaries and pensions

19 Jan 2025

The union cabinet has approved the setting up of the 8th Pay Commission for central government employees and pensioners that would potentially effect a 25 per cent increase

Bharat Mobility Expo: Tata Motors unveils driverless Harrier EV, new Sierra and Avinya X

Bharat Mobility Expo: Tata Motors unveils driverless Harrier EV, new Sierra and Avinya X

18 Jan 2025

Bharat Mobility Global Expo 2025 opened in New Delhi on Friday with Indian and foreign auto makers displaying their state-of-the-art technologies

India, Nepal to jointly develop 900 MW Upper Karnali hydro power project in Nepal

India, Nepal to jointly develop 900 MW Upper Karnali hydro power project in Nepal

17 Jan 2025

India and Nepal will jointly develop the 900 MW Upper Karnali hydro-electric project over River Karnali, the largest hydro-electric power project in Nepal.

Isro revolutionises space exploration with successful SpaDeX Mission

Isro revolutionises space exploration with successful SpaDeX Mission

17 Jan 2025

Indian Space Research Organisation (Isro) has successfully completed its pioneering space docking experiment (SpaDeX) with precision docking

Hindenburg founder to close short-seller behind Adani, Nikola selloffs

Hindenburg founder to close short-seller behind Adani, Nikola selloffs

16 Jan 2025

One man who is bound to be very happy with the news of Hindenburg Research closing down will be Gautam Adani

As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals

As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals

By Axel Miller | 16 Jan 2025

The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.

Biggest IKEA retailer to channel $1 billion into recycling ventures

Biggest IKEA retailer to channel $1 billion into recycling ventures

15 Jan 2025

The investment division of the Ingka Group, recognized as the foremost global IKEA retailer, has unveiled plans to channel €1 billion ($1.03 billion) into recycling enterprises.

Oil edges upward, but ambiguity over sanctions restrains momentum

Oil edges upward, but ambiguity over sanctions restrains momentum

15 Jan 2025

Oil prices rose on Wednesday, reversing a part of an earlier session’s decline. The reason – apprehensions over potential disruptions tied to sanctions on Russian oil tankers

EU revisits antitrust scrutiny on Apple, Google, and Meta

EU revisits antitrust scrutiny on Apple, Google, and Meta

14 Jan 2025

In what could become a dramatic turnaround, the European Union is reevaluating its scrutiny of tech behemoths, including Apple, Meta, and Google.

US tightens control over global AI chip exports

US tightens control over global AI chip exports

13 Jan 2025

The U.S. government announced new measures on Monday, 13th January 2025, to further restrict exports of artificial intelligence (AI) chips and technology.

Steady GDP growth and rate cuts in 2025 to boost corporate credit access in FY26: Fitch

Steady GDP growth and rate cuts in 2025 to boost corporate credit access in FY26: Fitch

13 Jan 2025

India’s steady economic growth, an improved banking sector, and anticipated interest rate cuts in 2025 are set to enhance credit access for corporates in the financial year 2025-26

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