BUSINESS

No declining trend in FDI into India, Says Piyush Goyal
Kumar Manoj -
​​​​​​​He explained that such variations were mainly caused by fluctuations in international interest rate cycles rather than domestic reasons.
India's defence exports surged by 1,100 pc in last 10 years, Says Nirmala Sitharaman
Siddhant Kumar -
She noted that the country has significantly enhanced its national security while emerging as a reliable contributor to international peace.
SBI Disburses ₹8,077 Crore Dividend to Government for FY 2024-25
Anurima Das -
​​​​​​​SBI Chairman CS Setty handed over the cheque at a meeting at the Finance Minister's office in the presence of top government officials.
LIC Sees 13.8% Rise in Group Premiums in May
Siddhant Kumar -
For the first two months of FY 2025–26, LIC's group premium increased 13.66%, reflecting persistent institutional demand.
US Treasury Warns Global Impact of China’s Export Dependence and Declining Domestic Consumption
Siddhant Kumar -
The report says that this policy is not only bad for China but has negative implications for the world economy.
Tesla Loses $380 Billion in Market Value as Trump-Musk Feud Sparks One of 2025’s Biggest Stock Crashes
Monika -
​​​​​​​The blowup was triggered when Musk sharply criticized Trump's most recent tax-and-spending bill on Twitter. Trump responded by vowing to pull federal contracts from Tesla and SpaceX.
World Bank: 269 Million Indians Moved Out of Extreme Poverty in the Past 11 Years
Kumar Manoj -
Based on the latest figures published by the World Bank, the percentage of Indians in extreme poverty fell drastically to 5.3% in 2022–23 from 27.1% during 2011–12.
RBI Governor Confirms India's Forex Reserves Adequate for 11+ Months of Imports
Monika -
The week ended May 30 recorded a decrease of $1.2 billion in reserves after the consecutive eight-week growth ended.
RBI's 50 BPS Repo Rate Cut: Home Loan EMIs and Tenure Set to Decrease
Siddhant Kumar -
This rate cut comes at the right time as India, now the world's fourth-largest economy, is seeing strong growth in the realty sector not just in big cities but also in tier 2 and tier 3 towns.
Vijay Mallya Challenges Recovery Figures, Seeks Clarity from Banks
Anurima Das -
Mallya made a disclosure that although his legal team had sent him reminders as many as 15 times and he had even written to the SBI chairman personally, the banks never gave him the statement of accounts.
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