Business

May 28, 2025 10:24 PM May 28, 2025 10:24 PM

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Consumer Ministry identifies 13 dark patterns on e-commerce platforms

  Minister of Consumer Affairs Prahlad Joshi today held a meeting with  the e-commerce platforms over the issue related to dark patterns in New Delhi. Briefing the Media after the meeting the Minister said that the ministry has identified 13 dark patterns. He said that false urgency claims, misleadi...

May 28, 2025 9:38 PM May 28, 2025 9:38 PM

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Gold. Silver prices up again

In the Indian Bullion Market, 24 Karat Gold was trading over 0.4 percent up at 96,040 rupees per 10 grams, while Silver 999 Fine was trading over 0.2 percent up at 97,990 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the June contract was trading 0.4 percent up at ...

May 28, 2025 8:31 PM May 28, 2025 8:31 PM

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India’s industrial production growth drops to 2.7% in April 2025

India’s industrial production growth, measured by the Index of Industrial Production (IIP) slowed to 2.7 percent in April, as compared to growth rate of 3 percent in March, according to the data released by the Ministry of Statistics and Programme Implementation. Among the three major components of ...

May 28, 2025 7:54 AM May 28, 2025 7:54 AM

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India’s FDI inflows surge 14% to over $81 billion in FY 2024–25

India has received foreign direct investment (FDI) inflows worth 81.04 billion US dollars in the financial year 2024-25. It reflects a 14 per cent increase from 71.28 billion US dollars in the financial year 2023-24. The  Ministry of Commerce and Industry, in a statement, said that the services sect...

May 27, 2025 6:09 PM May 27, 2025 6:09 PM

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Domestic markets end with losses of around 0.7%

The benchmark domestic equity indices ended with losses of around 0.7 percent weighed down by FMCG, IT, and auto sectors and weak global cues in a volatile trade today. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 625 points, or 0.76 per cent to close at 81,552. The National Stoc...

May 25, 2025 2:00 PM May 25, 2025 2:00 PM

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India surpasses Japan to become fourth-largest economy globally, says NITI Aayog CEO

  NITI Aayog CEO BVR Subrahmayam has said that India has surpassed Japan to become the fourth-largest economy in the world. Briefing media in New Delhi yesterday after the Governing Council Meeting of NITI Aayog, Dr Subrahmanyam said that according to IMF data, India today is larger than Japan. He s...

May 23, 2025 8:29 PM May 23, 2025 8:29 PM

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RBI Fines Union Bank ₹63.6 Lakh, Lendbox ₹40 Lakh for Regulatory Violations

The Reserve Bank of India (RBI) has levied fines on Union Bank of India and Transactree Technologies Pvt Ltd for breaching regulatory norms. Union Bank was fined 63.60 lakh rupees for failing to transfer eligible funds to the Depositor Education and Awareness Fund and collecting collateral on small ...

May 23, 2025 7:10 PM May 23, 2025 7:10 PM

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RBI Approves Record Rs 2.68 Lakh Crore Surplus Transfer to Centre for FY2024-25

The Central Board of Directors of the Reserve Bank of India (RBI) has approved a record transfer of over 2.68 lakh crore rupees as surplus to the Central Government for the financial year 2024-25. The decision was taken during a board meeting chaired by RBI Governor Sanjay Malhotra in Mumbai.   The ...

May 22, 2025 6:01 PM May 22, 2025 6:01 PM

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US markets close sharply lower

US stocks closed sharply lower on Wednesday as Treasury yields soared on concerns that the country's federal debt would swell if Congress passed President Donald Trump's proposed tax-cut bill. The Dow Jones Industrial Average shed 1.91 percent, S&P 500 lost 1.61 percent, and Nasdaq Composite dro...

May 22, 2025 4:58 PM May 22, 2025 4:58 PM

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Sensex down by 645 pts, Nifty dips 204 pts at close

  The benchmark domestic equity indices today slipped into negative territory, weighed down by weak global cues. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 645 points, or 0.79 percent to close at 80,952. The National Stock Exchange Nifty-50 dipped 204 points, or 0.82 percent to...

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