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India inflation to average 4 pc this fiscal, one more RBI rate cut likely: Crisil

Jun 13, 2025

New Delhi, June 13 (IANS) Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday.Lower inflation keeps the window open for one more repo rate cut by the Reserve Bank of India (RBI), apart from the 100 basis points cut announced…

Sunjay Kapur tirelessly advocated for India’s manufacturing, mobility sectors: Sona Comstar

Jun 13, 2025

New Delhi, June 13 (IANS) Sunjay Kapur was a visionary leader who tirelessly advocated for India's manufacturing and mobility sectors, said Sona Comstar on Friday, following his death late on Thursday in London, UK.Kapur, 53, chairman and…

Business

Hyundai Motor-backed US JV Motional names AI expert as CEO

Jun 13, 2025

Seoul, June 13 (IANS) Hyundai Motor Group said on Friday that its US-based autonomous driving joint venture, Motional, has officially appointed robotics and artificial intelligence (AI) expert Laura Major as its president and chief…

Business

Indian stock market opens in red as Israel-Iran tensions rise

Jun 13, 2025

Mumbai, June 13 (IANS) The Indian benchmark indices opened sharply lower on Friday as tensions escalated between Israel and Iran. Heaving selling was seen in the auto, IT, Financial service and PSU Bank sectors in the early trade.At around…

Business

Several Air India flights diverted or returning back as Iran-Israel conflict escalates

Jun 13, 2025

New Delhi, June 13 (IANS) Air India on Friday said that owing to the emerging situation in Iran, several international flights to the US, the UK and Canada were either being diverted or returning to their origin. The advisory came after…

Business

Centre okays purchase of moong from farmers under price support scheme

Jun 12, 2025

New Delhi, June 12 (IANS) The government on Thursday approved the procurement of 54,166 metric tonnes (MT) of moong under the price support scheme from farmers in Haryana, Uttar Pradesh, and Gujarat for the summer crop season 2025–26 as…

Business

‘Difficult day for all of us’: Air India CEO expresses grief over Ahmedabad plane crash

Jun 12, 2025

New Delhi, June 12 (IANS) Air India CEO and Managing Director Campbell Wilson on Thursday expressed deep sorrow over the tragic crash of Flight AI171, which took place shortly after its take-off from Ahmedabad.In his first statement since…

Business

Manohar Lal Khattar urges J&K govt to utilise huge hydro-power potential in UT

Jun 12, 2025

Srinagar, June 12 (IANS) Union Minister of Power and Housing and Urban Affairs Manohar Lal Khattar on Thursday urged the Jammu and Kashmir government to effectively utilise the huge hydro-power potential of the Union Territory.He said that…

Business

Air India to operate special relief flights from Delhi, Mumbai for families of crash victims

Jun 12, 2025

New Delhi, June 12 (IANS) In a compassionate move to assist the families of victims affected by the tragic crash of Air India Flight 171, the airline on Thursday announced two special relief flights -- one each from Delhi and Mumbai -- to…

Business

Air India plane crash: Tata Group announces Rs 1 crore support for families of victims

Jun 12, 2025

New Delhi, June 12 (IANS) Tata Group Chairman N. Chandrasekaran on Thursday announced that the company will provide Rs 1 crore to the families of each person who lost their life in the tragic crash of Air India Flight 171 in Ahmedabad.He…

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