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RBI asks banks to integrate DoT's fraud risk tool to curb cyber crimes

Banks and financial institutions can use the Financial Fraud Risk Indicator (FRI) in real time, which classifies mobile numbers based on their association with medium, high or very high risk

Indian Bank cuts lending rate for one year maturity by 5 bps to 9%

Besides, the Chennai-based bank has announced the complete waiver of minimum balance charges across all Savings Bank accounts, effective July 7, 2025

Aligning RE with development goals can lift 193 mn from poverty: UNDP study

Renewables can offer the chance to bring electricity to hundreds of millions of people, improving lives and driving growth

Sonia, Rahul Gandhi wanted to usurp ₹2,000 cr AJL company: ED to court

The ASG said banks wrote off loans of defaulters in the absence of assets as collateral but in this case AJL had assets worth ₹2,000 crore which they gave away for a loan of ₹90 crore

Only 54% villages verified as 'ODF plus model' despite 80% coverage: Govt

The review also showed that grey water management has reached 91 per cent national coverage, with more than 20 states and Union territories crossing the 95 per cent mark

Govt proposes mandatory towing vessel at all ports for emergencies

India has witnessed serious maritime incidents along its coastline that exposed vulnerabilities in the current emergency response framework

Quad launches critical minerals initiative to counter China's dominance

The decision on rolling out the "Quad Critical Minerals Initiative" was announced after a meeting of foreign ministers of the member nations of the grouping in the US capital on Tuesday

Labour ministry unveils fool-proof plan for ₹1.07 trillion ELI scheme

The scheme was aimed at reducing the financial burden of the employers of various sectors/industries including MSME and to encourage them to hire more workers

NCLT approves Adani Properties' bid for two HDIL assets in Mumbai

The committee of creditors (CoC) had cleared both plans, which are valued at over Rs 2,000 crore, with a 66.08 per cent voting share in November 2022

Consumer court raps MakeMyTrip over fraud, orders ₹1.37 lakh payout

The commission pointed out that MakeMyTrip works on a pan-India market, having a customer base in lakhs, and hence there should be a standard operating procedure (SOP) to address such complaints

3G Capital, Singapore's GIC seek CCI nod to acquire Skechers

Investment firm 3G Capital and Singapore's sovereign wealth fund GIC have sought approval from the Competition Commission of India (CCI) to acquire footwear and apparel company Skechers.

India may soon have social security agreement with UK under free trade pact

The source said that from now onwards, the social security agreement (SSA) will be an in-built component of all free trade agreements to be negotiated in future

RBI DG Rao asks credit info firms to switch to real-time data reporting

Speaking at a conference organised by Cibil here on Tuesday, Rao said quicker relaying of data from the CICs will help in deepening trust, efficiency and transparency in the system for everybody

Govt not helping farmers struggling with shortage of fertilisers: Rahul

Rahul Gandhi said on the one hand, Prime Minister Narendra Modi is printing his photos on fertilizer bags, and on the other hand, farmers are becoming dependent on 'Made in China'

SBI to label RCom loan account as 'fraud', names Anil Ambani in RBI report

Reliance Communications in a regulatory filing said that it has received a letter dated June 23, 2025 from the State Bank of India (SBI) to this effect

Tata Steel on track for green transition in UK, Netherlands: Chandrasekaran

In the Netherlands, the company is in discussions with the Dutch government for financial and policy-level support on our decarbonisation plan

ESIC launches SPREE 2025 to expand social security coverage for workers

The scheme will be active from July 1 to December 31, and provides one-time opportunity for unregistered employers and employees to enrol without facing inspections for past dues

Ministries, firms from 20+ nations to join India Energy Storage Week 2025

IESW 2025 will also explore emerging and futuristic energy storage technologies, including VRFB, solid-state batteries, Lithium Sulphur, Sodium Ion and other technologies from across the globe

India's tyre exports rise 9% to ₹25,051 cr in FY25 despite global headwinds

India's tyre exports in 2024-25 increased by 9% year-on-year, reaching Rs 25,051 crore compared to Rs 23,073 crore in the previous fiscal, ATMA said, citing data released by the Ministry of Commerce

Office space demand from GCCs up 24% at 31.8 mn sq ft in FY25: Vestian

GCCs accounted for 42 per cent of the pan-India absorption in 2024-25, registering a marginal increase from 41 per cent a year earlier