NEWS
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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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
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
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
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