Haryana Chief Minister Nayab Singh Saini and Maruti Suzuki India’s CEO and managing director Hisashi Takeuchi were also present at the inauguration.

In the interim order, the regulator also directed to impound a total amount of Rs 11.37 crore gained by these entities through unlawful activities.

Profectus has assets under management of Rs 3,468 crore as of March 2025, with presence across seven states.

In a recorded statement from Ahmedabad, the Air India CEO said that he has assured the government that the carrier is "committed to full cooperation with those working on the ground and through the investigations".

The Trust had last week called for the suspension and prosecution of HDFC Bank MD and CEO Sashidhar Jagdishan, accusing him of involvement in a series of financial frauds concerning the Trust.

The Koderma-Barkakana line passes through a major coal producing area of Jharkhand. Along with this, it serves as the shortest rail link between Patna and Ranchi. The cost of doubling of the line is Rs 2,063 crore.

Over 100 brokers earlier reportedly received Sebi warnings for allowing APIs (application programming interface) of an algo provider, which allegedly provided assured returns

This comes after the White House on Tuesday said that the US had asked countries to make their best offers on trade negotiations by Wednesday, as the July 8 deadline for reciprocal tariffs is just five weeks away.

For gold loans more than Rs 2.5 lakh and up to Rs 5 lakh, the LTV ratio has been set at 80 per cent. For loans more than Rs 5 lakh, the central bank has set an LTV of 75 per cent.

CRR is the portion of bank deposits to be kept with the RBI. It does not carry any interest rate. The cut in CRR cut and Repo rate is expected to bring down interest rates in the financial system.

It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.

Dev did his PhD in economics from the Delhi School of Economics and his post-doctoral research in development economics from Yale University.

While acknowledging that Etihad and possibly even Indian carriers may not have the aircraft capacity currently to add additional seats between India and Abu Dhabi, Antonoaldo Neves, the Group Chief Executive Officer of Etihad Aviation Group, said that they will have more aircraft in the coming years, and the time is apt for discussions on bilaterals to start.

FM calls for greater coordination with state enforcement authorities; tells officers 'no good if you catch the small fish or fry'.

The RBI said that the facility for exchange of the Rs 2,000 banknotes is available at the 19 issue offices of the Reserve Bank since May 19, 2023

The Indian government and major Indian carriers like Air India and IndiGo have ambitions to have more direct international connectivity from India and to turn the country into an international aviation hub

Nagarkar, who also chairs the Confederation of Indian Industry (CII) Task Force on Furniture, said India’s furniture standards have been framed keeping consumer interest in mind. Edited excerpts:

Direct tax, excise collections post misses

The government mobilised around 6,000 security personnel to prevent possible clashes between the ruling CPN-UML and pro-monarchist groups led by Rastriya Prajatantra Party in the heart of the city.

India, currently the fifth-largest economy in the world when the GDP is measured in terms of current prices, is projected by the International Monetary Fund to become larger than Japan in the current fiscal ending March 2026.

EPFO has issued 3.68 lakh demand orders, 34,500 PPOs as of March 31

Following the market regulator’s guidelines, sources said that NSE is likely to seek Tuesday as expiry day for its derivative contract, as it could compress BSE’s trading activity into just two days per week

The internship scheme was a part of the Prime Minister’s Package for Employment and Skilling announced in the 2024-25 Budget with an overall outlay of Rs 2 lakh crore

The Group of Ministers on rate rationalisation had sought more time to discuss the proposal to tweak rates on as many as 148 items