Category: Business

The tragic crash of Air India Flight 171 near Ahmedabad, which claimed 241 lives onboard and left one survivor, is expected to become India’s most expensive aviation insurance claim. The aircraft slammed into the BJ Medical College doctors’ hostel, causing additional fatalities on the ground. Air India has announced an ex gratia payment of ₹1…

India’s retail inflation has dropped to a 75-month low of 2.82 per cent in May 2025, with food inflation easing to just 0.99 per cent. The data, shared by Infoindata on social media platform X, underscores a significant achievement for Prime Minister Narendra Modi-led government, which has managed to keep inflation largely under control over…

Metals and mining conglomerate Vedanta Ltd is set to consider its first interim dividend for the financial year 2025–26 (FY26), with a board meeting scheduled for Wednesday, June 18. In a regulatory filing after market hours on Friday, the Anil Agarwal-led company said, “The meeting of the Board of Directors of the Company (the ‘Board’)…

India’s foreign exchange reserves surged by $5.17 billion to $696.66 billion for the week ended June 6, data released by the RBI on Friday showed. The sharp rise during the week has brought the country’s forex kitty close to the historic high of $704.885 that was scaled at the end of September 2024.  A strengthening…

Dedicated to holistic wellness and innovation, Aayush Wellness Limited [BSE: 539528] is happy to report that its Board of Directors has approved the creation of a wholly owned subsidiary in Singapore with an initial capital investment of SGD 10,000. This calculated expansion represents a major turning point in the company’s worldwide development plan and will provide a…

Following the fatal aircrash near Ahmedabad airport, the Directorate General of Civil Aviation ordered an enhanced safety inspection on Air India’s Boeing 787-8/9 fleet on Friday, June 13, 2025.  As a preventive measure, DGCA hereby directs M/s Air India to carry out the following additional maintenance actions on 8787-8/9 aircraft equipped with Genx engines with…

Hero MotoCorp has dropped an official teaser for its soon-to-be-launched electric scooter, the Vida VX2, hinting at a new budget-friendly addition to its EV portfolio. The VX2 is believed to be the production-ready version of the Vida Z concept that debuted at the Bharat Mobility Global Expo 2025. The teaser features Bollywood actors Ranbir Kapoor…

Gold prices surged to record highs on Friday as escalating tensions between Israel and Iran pushed investors towards safe-haven assets. On the Multi Commodity Exchange, gold futures for the August 5, 2025 contract jumped by Rs 2,011 to touch a day’s high of Rs 1,00,403 per 10 grams. This is the first time Indian gold…

The residents of the national capital may finally get some relief from the scorching heat, as the India Meteorological Department (IMD) has predicted thunderstorms and rainfall later on Friday, June 13, which are expected to ease the sweltering conditions that have trapped Delhi and surrounding regions for the past several days. The IMD scientist Akhil…