NEWS

World Bank lowers global growth forecast to 2.3%, keeps India’s growth rate at 6.3%

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

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

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

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

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

Musk-Trump feud puts $22B in SpaceX contracts at risk

Musk-Trump feud puts $22B in SpaceX contracts at risk

By Cygnus | 06 Jun 2025

A high-stakes fallout between Elon Musk and former President Donald Trump is threatening to disrupt the trajectory of the U.S. space program

RBI pegs repo rate 50 bps lower at 5.50% in bid to drive growth

RBI pegs repo rate 50 bps lower at 5.50% in bid to drive growth

By Unnikrishnan | 06 Jun 2025

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has announced a 50 basis point reduction in the Reserve Bank’s policy repo rate

Nintendo Switch 2 Launch Sparks Global Rush, Faces Shortages

Nintendo Switch 2 Launch Sparks Global Rush, Faces Shortages

By Cygnus | 05 Jun 2025

Gamers around the world turned out in droves for the highly anticipated launch of Nintendo’s Switch 2 on Thursday, eager to get their hands on the next-generation console—despite

India, Norway to expand maritime cooperation, explore Northern Sea Route

India, Norway to expand maritime cooperation, explore Northern Sea Route

05 Jun 2025

India and Norway are expanding maritime cooperation with plans to explore the feasibility of operationalising the Northern Sea Route (NSR)

Beta Technologies makes historic electric aircraft landing at JFK, signaling air mobility shift

Beta Technologies makes historic electric aircraft landing at JFK, signaling air mobility shift

By Axel Miller | 04 Jun 2025

Beta Technologies has made aviation history by becoming the first U.S. company to land a passenger-carrying, all-electric aircraft at a major airport in the New York-New Jersey region.

Sanofi to acquire Blueprint Medicines in $9.5 billion deal to bolster immunology push

Sanofi to acquire Blueprint Medicines in $9.5 billion deal to bolster immunology push

By Cygnus | 02 Jun 2025

French pharmaceutical giant Sanofi is set to acquire U.S.-based Blueprint Medicines Corporation in a deal worth up to $9.5 billion

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