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The Organisation for Economic Co-operation and Development (OECD) has cut India’s GDP growth rate by 0.10 per cent to 6.3 per cent in the financial year 2026 (FY26). This is the further rate cut by OECD from 6.4 per cent projected in March 2025 to 6.3 per cent. For FY27, OECD has forecasted the GDP growth…
Upcoming smartphone launches: Smartphone brands, like OnePlus and Infinix, are preparing to launch/unveil their new models in the Indian market in June. These smartphones are expected to come up with many exciting features and camera capabilities. Let us take a look at some of the most anticipated launches expected this month. OnePlus 13s The company…
Union Minister Nirmala Sitharaman spoke at the inauguration of a new building of the Directorate of Revenue Intelligence, under the Central Board of Indirect Taxes and Customs (CBIC), in the national capital on Tuesday, June 3. Finance Minister Nirmala Sitharaman at the inauguration of the new DRI headquarters in Vasant Kunj, New Delhi Source link
On his first visit to India, Errol Musk, father of Tesla CEO Elon Musk — has expressed strong admiration for India’s rise on the world stage and its ancient spiritual heritage. In an interview an IANS interaction, the 79-year-old engineer and entrepreneur hailed Prime Minister Narendra Modi’s leadership, calling India “already a world power.” “India…
Corporate performance of Indian companies in the fourth quarter of financial year 2025 remained satisfactory despite a tough global economic environment, according to a recent report by Bank of Baroda. The report highlighted that most companies are optimistic about their future growth prospects, and there is potential for further improvement once consumption demand picks up…
The Reserve Bank of India (RBI) has announced the re-issue of two Government of India dated securities worth a total of Rs 32,000 crore. A “re-issue” means the RBI is selling more of a bond that is already available in the securities market. This move is part of the government’s regular borrowing program. The two…
Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era. As per a filing with Washington state’s Employment Security Department, 305 additional employees in Redmond, Washington have been asked to leave. A company spokesperson said in a statement the latest…
A trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests, US Secretary of Commerce Howard Lutnick said, expressing “strong optimism” about the direction of ongoing talks while speaking at the US-India Strategic Partnership Forum. Lutnick said, “I think to be in a…
Major layoffs are underway at the Walt Disney Company, affecting hundreds of employees across Disney Entertainment divisions, including marketing for film and television units, reported Deadline. Apart from these divisions, the layoffs will also affect the employees in the television publicity, casting, development and Disney’s corporate financial operations divisions. Deadline cited the sources and reported…
The central government has dismissed a recent post by the Indian National Congress on social media containing claims regarding digital banking frauds, sources told Zee Business. Terming the post as “misleading”, “factually incorrect” and “intended to create panic”, the sources said that it was a clear attempt by the INC to stoke public fear through data…
