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UPI transactions see 23 pc rise at Rs 25.14 lakh crore in May

Jun 2, 2025

New Delhi, June 2 (IANS) The Unified Payments Interface (UPI) has posted a robust recover in the month of May by processing 18.68 billion transactions, up from 17.89 billion in April.As per data by the National Payments Corporation of India (NPCI), the UPI transactions mark a 33 per cent year-on-year (YoY) surge compared to 14.03 billion…

RBI MPC likely to go for 25 bps rate cut on June 6 as inflation cools: Analysts

Jun 2, 2025

New Delhi, June 2 (IANS) As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of 25 basis points as inflation continues to remain…

Business

South Korea convenes emergency meet on US steel tariff hike

Jun 2, 2025

Seoul, June 2 (IANS) The government held an emergency meeting with major local steelmakers on Monday to discuss the impact of the United States' plan to double its tariffs on all steel imports to 50 per cent later this week, the industry…

Business

Tariff-induced inflation not persistent, rate cuts expected this year: US Fed

Jun 2, 2025

Seoul, June 2 (IANS) US Federal Reserve Governor Christopher Waller said on Monday that he sees room for interest rate cuts later this year amid expectations that sweeping US tariffs are likely to temporarily push up inflation and raise…

Business

Eldercare India Expo 2025: Shaping the Future of Senior Living and Wellness in India

Jun 1, 2025

India is witnessing a pivotal demographic shift, with its elderly population expected to more than double from 149 million to an estimated 320 million by 2050. As life expectancy continues to rise and nuclear families become the norm, the…

Business

World Environment Expo 2025 to Be Held at India Expo Centre, from June 4–6

Jun 1, 2025

The World Environment Expo (WEE 2025) is set to return for its sixth edition from June 4 to 6, 2025, at the India Expo Centre & Mart, located in Knowledge Park II, Greater Noida, Uttar Pradesh. Organized by Indian Exhibition Services…

Business

Pezeshkian to propose Ali Madanizadeh as Economy and Finance Minister

Jun 1, 2025

Tehran, June 1 (IANS) Iranian President Masoud Pezeshkian is set to propose economics professor Ali Madanizadeh for the post of Minister of Economic Affairs and Finance to the parliament, reports said.If Madanizadeh manages to secure the…

Business

Govt’s NAKSHA initiative to ensure modern, easily accessible land records

Jun 1, 2025

New Delhi, June 1 (IANS) The Centre's Department of Land Resources (DoLR) on Sunday announced it would conduct the second phase of capacity-building under the NAKSHA (National geospatial Knowledge-based land Survey of urban Habitations)…

Business

IndiGo places order for another 30 wide-body A350 aircraft with Airbus

Jun 1, 2025

New Delhi, June 1 (IANS) Low-cost airline IndiGo on Sunday announced an MoU with Airbus to enlarge its wide-body aircraft order by converting 30 aircraft of its purchase rights for 70 aircraft into a firm order.This is yet another step in…

Business

India’s GST collections in May surge over 16 pc to Rs 2.01 lakh crore

Jun 1, 2025

New Delhi, June 1 (IANS) India’s gross Goods and Services Tax (GST) collection for May 2025 reached Rs 2.01 lakh crore, marking a 16.4 per cent rise compared to the Rs 1.72 lakh crore collected in May 2024, according to data released by the…

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