Page 15 - Latest News
NCLAT revives Chintamani Jewellery Arcade insolvency on Axis plea
NCLAT has revived insolvency proceedings against Chintamani's Jewellery Arcade after finding the company materially breached its settlement agreement with Axis Bank
 "NCLAT revives Chintamani Jewellery Arcade insolvency on Axis plea")
Datanomics: India second hardest hit as AI-driven tech layoffs accelerate
Oracle joins a growing list of tech firms cutting jobs as AI adoption accelerates, with 2026 layoffs already surpassing the total recorded in 2025
 "Datanomics: India second hardest hit as AI-driven tech layoffs accelerate")
Avoid reimbursement claims to reduce stress during hospitalisation
Check the hospital's network status before admission and complete pre-authorisation on time
 "Avoid reimbursement claims to reduce stress during hospitalisation")
India, Japan unveil 16 summit outcomes to deepen strategic partnership
The two countries agreed to strengthen cooperation in energy security, AI, defence, supply chains, mobility and investments while advancing economic resilience and Indo-Pacific stability
 "India, Japan unveil 16 summit outcomes to deepen strategic partnership")
DPCO gets regulatory booster shot as govt eases compliance burden
Industry says amendments reduce procedural burden while tightening documentation and record-keeping norms for drug manufacturers under the pricing order
 "DPCO gets regulatory booster shot as govt eases compliance burden")
Rating upgrade to A will put GIC Re in a more stable position: GIC Re CMD
GIC Re chief Hitesh Joshi outlines plans to strengthen underwriting, diversify globally, expand specialty reinsurance and capitalise on emerging risk opportunities
 "Rating upgrade to A will put GIC Re in a more stable position: GIC Re CMD")
Govt likely to use ammonia from coal gasification to produce urea
The government is exploring coal gasification-based ammonia for new urea plants to cut LNG dependence, boost energy security and reduce fertiliser subsidies
 "Govt likely to use ammonia from coal gasification to produce urea")
Not having a policy is a policy: RBI to Parliamentary panel on crypto
RBI tells House panel it's not in favour of VDAs as currency
 "Not having a policy is a policy: RBI to Parliamentary panel on crypto")
'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts
The Supreme Court set aside an NCLT order over AI-generated fake precedents, directing zero tolerance for citing hallucinated judgments in courts
 "'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts")
Adani Enterprises, Abu Dhabi's IRH to invest $11.5 billion in Odisha
Integrated project, billed as India's largest FDI proposal in mining and metallurgy, will create over 53,500 jobs and strengthen the state's aluminium value chain
 "Adani Enterprises, Abu Dhabi's IRH to invest $11.5 billion in Odisha")
M&A funding norms to intensify competition for private credit: Moody's
Moody's says RBI's new acquisition financing norms will intensify competition from banks, reshaping India's fast-growing private credit market
 "M&A funding norms to intensify competition for private credit: Moody's")
Delhi govt orders CAG audit of power discoms over pending RAs of ₹38,500 cr
The Delhi government has ordered a CAG audit of power discoms over ₹38,500 crore in regulatory assets that are ultimately recoverable from electricity consumers
 "Delhi govt orders CAG audit of power discoms over pending RAs of ₹38,500 cr")
FIFA WC 2026 RO32 today's schedule, live timings (IST), streaming
Spain vs Austria (12:30 AM), Portugal vs Croatia (4:30 AM) and Switzerland vs Algeria (8:30 AM)
 "FIFA WC 2026 RO32 today's schedule, live timings (IST), streaming")
War-hit balance sheets: State-run OMCs' underrecoveries hit ₹2.19 trillion
High crude oil prices pushed state-run oil retailers into massive under-recoveries despite fuel price hikes, while LPG sales continued to remain loss-making, Petroleum Minister Hardeep Singh Puri said
 "War-hit balance sheets: State-run OMCs' underrecoveries hit ₹2.19 trillion")
Banks' loan growth outpaces deposit growth in Q1 across public, pvt lenders
Business updates from public and private sector banks showed advances growing faster than deposits during the April-June quarter, reflecting sustained credit demand
 "Banks' loan growth outpaces deposit growth in Q1 across public, pvt lenders")
Bank of Baroda to pay $600 million to settle NMC Health litigation
Amount is equivalent to bank's net profit in Q4FY26
 "Bank of Baroda to pay $600 million to settle NMC Health litigation")
OpenAI proposes handing Trump administration 5% stake, say reports
OpenAI has reportedly discussed giving the US government a 5% stake as Washington weighs stricter oversight of AI and broader public participation in the sector's growth
 "OpenAI proposes handing Trump administration 5% stake, say reports")
India should revisit stance on WTO ecom moratorium: Icrier study
ICRIER says India's growing digital exports now outweigh tariff revenue concerns and calls for a more proactive role in shaping global digital trade rules
 "India should revisit stance on WTO ecom moratorium: Icrier study")
Google loses EU top court battle over $4.7 bn Android antitrust fine
The European Court of Justice ruled on Thursday that Google's earlier defeat against a European Commission penalty should stand
 "Google loses EU top court battle over $4.7 bn Android antitrust fine")
Russian missile, drone attack on Ukraine kills 20, injures dozens
Russia has intensified its attacks on Kyiv in recent weeks, even as Ukraine's own long-range drone campaign against Russian military sites and energy facilities has caused fuel shortages
 "Russian missile, drone attack on Ukraine kills 20, injures dozens")