The CEO and MD stated that, at Air India, the safety of the passengers, crew, and aircraft is not just a priority; it is their "unwavering commitment and the foundation of every decision we make".

2025-08-06T12:22:44.565589+00:00 IST

Business

Dharavi project: EoI sought for additional commercial space

Industrial and commercial units on the ground floor that existed on or before January 1, 2000, and have valid documents such as a Gumasta license from the Municipal Corporation of Greater Mumbai (MCGM), LT-2 meter from the BEST are eligible to apply for extra space at construction cost.

2025-08-06T11:52:52.276894+00:00 IST

Business

Indian stock benchmarks continue to dip over Trump tariffs woes

Sensex closed the day at 80,543.99 points, down 166.26 points or 0.21 per cent, while Nifty closed at 24,574.20 points, down 75.35 points or 0.31 per cent.

2025-08-06T10:47:43.366510+00:00 IST

Business

Zupee emphasises skill aspect of Ludo

Skill-based online gaming platform Zupee has reaffirmed its commitment to enhancing the role of skill in traditional games like Ludo, in an evolving online gaming landscape in India where the line between skill and luck remains closely scrutinised.

2025-08-06T09:44:37.501733+00:00 IST

Business

Hindustan Power signs contract with Uttar Pradesh govt for 435 MW

Hindustan Power on Wednesday announced the signing of a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited for a 435 MW DC solar PV project to be set up in the state.

2025-08-06T09:40:09.090537+00:00 IST

Business

US tariffs to impact $8.1 bn of Indian exports: PHDCCI

The US reciprocal tariffs will affect approximately USD 8.1 billion worth of India's exports to the US, while the overall impact on India's economy remains manageable, said an analysis by the Industry body PHDCCI.

2025-08-06T09:25:57.185375+00:00 IST

Business

Goldman Sachs lowers India’s growth rate

Trump's tariff on trade action has forced a downward revision in India's real GDP growth forecasts; now pegged at 6.5% year-on-year for calendar year (CY) 2025 and 6.4% for 2026, a reduction of 0.1 and 0.2 percentage points, respectively.

2025-08-06T08:40:25.525985+00:00 IST

Business

RBIs status quo on rate and low inflation will boost housing

The Reserve Bank of India's decision to keep the repo rate unchanged at 5.5 percent will keep interest rates stable and sustain the momentum in the housing market, which will gain further as the festival season approaches noted experts.

2025-08-06T08:18:29.554612+00:00 IST

Business

5.5% terminal rate to remain for some time, rate cut not on anvil

The Reserve Bank of India (RBI) is likely to keep the terminal rate at 5.5 per cent for some time in the near-term, asserted Bank of Baroda Economist Jahnavi Prabhakar, citing the central bank's guidance that future actions will be data dependent and on basis of ongoing development on external front, related to uncertainty due to trade negotiations.

2025-08-06T08:16:16.153530+00:00 IST

Business

Philippines-India CEO Roundtable held to boost bilateral trade

A Philippines-India CEO Roundtable was held on Wednesday here in the national capital, where businesses from both sides participated to discuss bilateral trade.

2025-08-06T07:33:33.102174+00:00 IST

Business

RBI's status quo on rates reflects Confidence in economy

As the Reserve Bank of India's Monetary Policy Committee keeps the policy rates unchanged on Wednesday, Economists have largely welcomed the decision to hold the policy repo rate steady, viewing it as a balanced approach.

2025-08-06T07:19:38.666245+00:00 IST

Business

Bank credit down because corporates using bond market for funds

Corporates are increasingly relying on the bond market to raise funds as the transmission of policy rate cuts is faster in the money market compared to banks, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Wednesday while announcing the policy rates.

2025-08-06T06:29:42.382556+00:00 IST

Business

CORE Energy Systems secures Rs 200 crore funding

CORE Energy Systems Ltd., a Mumbai-based engineering firm in India's nuclear sector, has secured Rs. 200 crore in a new funding round

2025-08-06T06:24:14.771099+00:00 IST

Business

RBI to standardise claim settlement process for deceased customer

Sanjay Malhotra, Governor of Reserve Bank of India (RBI) announced that standardize the procedure for settling claims related to bank accounts and safe deposit lockers of deceased customers, aiming to simplify and streamline the overall claims process.

2025-08-06T06:15:05.214097+00:00 IST