Business

RBI repo reduction effect: Bank of Baroda cuts lending rate to 8.15%; Cheaper loans for homes and cars

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Bank of Baroda has reduced its repo-linked lending rate by 50 basis points to 8.15%, effective June 7, following the Reserve Bank of India’s policy ...

Foreign investment: India’s FDI hits 3-year high; Maharashtra leads with $19.6 billion

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Maharashtra and Karnataka have become leading destinations for foreign investment in India, attracting 51% of the nation’s total FDI during the 2024-25 financial year. Maharashtra ...

Trump-Musk rift rattles Wall Street; Tesla share slide exposes market fragility; major indexes take a hit

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A public feud between Trump and Musk triggered a significant drop in Tesla shares, impacting major US indexes like the S&P 500 and Nasdaq 100. ...

Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support

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Mohandas Pai warns that Indian startups are struggling due to limited domestic investment, restrictive regulations, and a challenging business culture. He advocates for urgent policy ...

Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support

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Mohandas Pai warns that Indian startups are struggling due to limited domestic investment, restrictive regulations, and a challenging business culture. He advocates for urgent policy ...

Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support

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Mohandas Pai warns that Indian startups are struggling due to limited domestic investment, restrictive regulations, and a challenging business culture. He advocates for urgent policy ...

China tightens supply: India’s auto industry seeks govt help on rare earth magnet imports; key EV parts impacted

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The Indian automobile industry is seeking government intervention to expedite Chinese approvals for rare earth magnet imports, crucial for electric vehicles and car components. Restrictions ...

OPEC+ giants ramp up additional oil to India; market share nears 78%; supplied 375,000 bpd to India in May

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India’s top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the additional output to India, raising their ...

Rs 4.58 crore siphoned off from customer accounts, FDs! How former ICICI Bank relationship manager pulled off a stunning fraud – explained in 10 points

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Sakshi Gupta, a former ICICI Bank relationship manager in Kota, was arrested for a multi-crore fraud spanning two years. She illicitly accessed over 110 customer ...

H&M owners quietly buying its shares

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H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggressively increased their ...