NEWS
RBI lets HDFC Bank buy up to 9.5% each in AU SFB. Kotak Mahindra and Capital Small Finance Bank
05 Jan 2025
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5 per cent stake in AU Small Finance Bank, Kotak Mahindra Bank and Capital Small Finance Bank.
Employees Provident Fund centralises pension scheme
05 Jan 2025
Employees Provident Fund Organisation (EPFO), which manages the retirement funds of all employees covered by the provident fund scheme
President Joe Biden blocks Nippon Steel’s acquisition of US Steel
04 Jan 2025
US President Joe Biden has blocked Japanese steel major Nippon Steel’s proposed acquisition of US Steel by invoking provisions of the defence production and national security Acts.
Vande Bharat sleeper trains with 180 km peak speed to hit the tracks soon
03 Jan 2025
India Railways is all set to make train travel faster and safer for long-distance passengers as well with the successful trials of Vande Bharat sleeper trains.
Air India now provides in-flight WiFi on domestic routes as well
03 Jan 2025
Air India has introduced in-flight WiFi services on domestic routes, becoming the first airline in India to provide on-board Wi-Fi connectivity to passengers.
Reliance Jio set to raise around Rs40,000 crore through initial share sale
02 Jan 2025
Reliance Jio, the telecom technology and retail platform of Mukesh Ambani-led Reliance Industries Ltd
GST revenues up 7.3% year-on-year at Rs1.77 lakh crore in December
02 Jan 2025
Revenue collected by way of Goods and Services Tax (GST) in India increased 7.3 per cent year-on-year to Rs1.77 lakh crore in December 2024
Indian Navy to commission 3 frontline combat platforms on 25 January
02 Jan 2025
Indian Navy is poised for a landmark in its defence preparedness with the commissioning of three frontline combat
Overseas claims on India’s financial assets down $19.8 bn at $348.5 bn in Q2 FY25
02 Jan 2025
Net claims of non-residents on India declined by $19.8 billion to $348.5 billion during fiscal second quarter ended 30 September 2024
India’s current account deficit eases despite ballooning merchandise trade deficit
02 Jan 2025
India’s current account deficit (CAD) showed a modest decline to $11.2 billion (1.2 per cent of GDP) in the second quarter of the current financial year (2024-25)
Nippon Steel awaits Joe Biden’s approval for US Steel acquisition
01 Jan 2025
Nippon Steel Corporation has said its proposed acquisition of US steel is awaiting President Joe Biden’s approval.
Russian gas supply to Europe via Ukraine halts as transit deal ends
01 Jan 2025
Russia has been forced to halt gas supplies to Europe as a five-year gas transit deal with Ukraine expired on 1 January 2025 and Kiev refused to extend it any further.
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