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JANUARY 2025 FINANCIAL CHANGES
India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
US lawmakers seek $750 mln for Ukraine, rename Pentagon 'Department of War' in defense billThe US Senate Armed Services Committee has voted to extend security aid to Ukraine, allocating $750 million. This move signals continued co...
Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
Paris accord threshold could be breached in 4 years as warming accelerates: AnalysisEarth's climate is warming rapidly due to human actions. Global temperatures reached 1.37 degrees Celsius last year. Scientists warn the 1....
Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plansZee Entertainment Enterprises' shares rose after its board approved raising at least Rs 2,300 crore to fund strategic initiatives and bolst...
Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
BP names heads for two main businesses after revampBP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richa...
NIA raids 18 places in Punjab, Haryana in three terror-gangster network cases linked to Pak-based terrorist Shahzad BhattiThe National Investigation Agency conducted searches at 18 locations across Punjab and Haryana. These searches are part of investigations i...
Nashville High School shooting survivor sues AI gun detection company after security system failed to spot weaponA survivor of the January 2025 Nashville high school shooting is suing Omnilert, the manufacturer of an AI gun detection system that failed...
Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with PakIndia emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nu...
Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
With approximately 190 warheads, India widens nuke arsenal lead over Pakistan: SIPRI reportThe year 2025 marked a pivotal moment for India's nuclear strategy as it ramped up its arsenal and introduced innovative delivery methods. ...
Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...
India’s GDP expands 7.7% in FY26; Q4 growth at 7.8%India GDP Data Key Insights Q4 FY26: India's economic growth saw a slight dip to 7.8 percent in the fourth quarter of fiscal year 2026. The...
FPI exodus from financials cools, but foreign investors remain net sellersGlobal investors reduced their equity stake in India's financial services sector in the latter half of May, selling shares worth ₹5,181 cro...
US Supreme Court upholds SEC in fight over 'disgorgement' powerThe justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President ...
Indian consumers turn defensive as job fears rise, economic confidence fallsIndian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dini...