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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

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

Steamhouse India files confidential IPO papers to raise up to ₹700 cr

While the exact issue size has not been officially disclosed, industry sources estimated that the IPO could be in the range of Rs 500 crore to Rs 700 crore

Lodha Developers to deposit ₹520 cr as security in case against VHL

Lodha expects that the matter will be heard expeditiously in the apex court and the deposit will be released

Elderly woman in Mumbai duped of ₹1.15 cr by cyber fraudsters over 6 years

The incident came to light on Monday after the septuagenarian, a resident of the Worli area, filed a complaint with the Dadar police

China confirms President Xi will miss Brics summit, Premier Li to attend

Li will attend the 17th Brics Summit in Rio de Janeiro, Brazil, from July 5 to 8 upon invitation, Foreign Ministry spokesperson Mao Ning told a media briefing here

Govt to amend existing laws to invoke MCOCA against drug peddlers: Fadnavis

'The government is amending laws so that these people can be arrested under the MCOCA. The amendment will be done in the ongoing monsoon session of the state legislature,' the chief minister said