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Business

RBI Urges Cooperative Banks to Strengthen Defenses Against Cyber Threats

The Reserve Bank of India emphasizes the importance of cooperative banks maintaining depositor trust and enhancing resilience against cyber threats. A meeting led by RBI Governor S...

Business

Bain Capital Invests Rs 4.4k Crore for 18% Stake in India's Manappuram Finance

Bain Capital invests Rs 4.4k crore for an 18% stake in Manappuram Finance, India's second-largest gold loan company, signaling a major move in the NBFC sector and promising to enha...

Business

India Aims to Become a Software Product Nation, Minister Urges Development of Indigenous Browsers

India is focusing on becoming a software product nation, with the government encouraging the development of indigenous browsers. A recent challenge saw 58 entries, with three teams...

Business

Jerome Powell Downplays Tariff Impact, Calls Inflation Effects Transitory

Federal Reserve chief Jerome Powell reassures that the inflationary impact of tariffs is likely temporary, amidst concerns over the US economic outlook and trade tensions. The Fed ...

Business

Government Announces Unified Pension Scheme for Staff, Effective April 2025

The Pension Fund Regulatory & Development Authority (PFRDA) has announced the Unified Pension Scheme (UPS) for government employees, effective April 2025, ensuring 50% of the last ...

Business

Irdai Unveils New Insurance Advisory Panel: A Strategic Move for the Future

Irdai has announced the appointment of a new insurance advisory committee, featuring industry veterans like MR Kumar and Dinesh Kumar Khara. This move is set to bring fresh perspec...

Business

Apple Faces Class-Action Lawsuit Over Alleged False Advertising on iPhone Features

Apple Inc. is facing a class-action lawsuit over allegations of false advertising related to the delayed features of its Apple Intelligence-capable devices, with claims of misleadi...

Business

Nike Faces a 9% Drop in Q3 Revenues to $11.3 Billion Amid Global Challenges

Nike Inc. reported a 9% decrease in Q3 revenues for fiscal 2025, totaling $11.3 billion, amidst a 32% drop in net income. Despite global sales challenges, the company's stock rose ...