Business

[ad_1] NEW DELH: A local factory for Tesla’s electric cars may be some time away, but Elon Musk‘s satellite communications venture Starlink has finally received a go-ahead from govt to launch services in the country.Starlink got approval for three licences – Global Mobile Personal Communication by Satellite (GMPCS), Commercial Very Small Aperture Terminal (VSAT), and…

[ad_1] NEW DELHI: The economic advisory council to the Prime Minister (EAC-PM) has been reconstituted with noted economist S Mahendra Dev being appointed as the chairperson, replacing Niti Aayog vice chairman Suman Bery.Three full time members – Sanjeev Sanyal, Sanjay Kumar Mishra and Shamika Ravi – have been retained. New part time members who have…

[ad_1] MUMBAI: RBI said its stance on cryptocurrency remains unchanged, even as a govt panel continues to examine the issue. “There is no new development following the Supreme Court pronouncement on the crypto matter,” RBI governor Sanjay Malhotra said at the post-policy press conference. “RBI has maintained a consistent stance on this issue. A govt…

[ad_1] BRESCIA: Govt is hoping to clinch an initial tranche of the proposed bilateral trade deal with the US, govt sources said as a team of American officials landed in the Capital for negotiations. “The two countries are actively engaged in focused discussions to facilitate greater market access, reduce tariff and non-tariff barriers, and enhance…

[ad_1] Sebi has corrected its May 28 order on IndusInd Bank to clarify that KPMG was appointed through an ‘engagement note’ signed by CFO and executives Arun Khurana and Sumant Kathpalia, not through a ‘board note’ as earlier stated. The original order suggested that the board was aware of the discrepancies in derivatives valuation. [ad_2]…

[ad_1] Delta Air Lines has issued a stark warning that proposed tariffs under a national security investigation could severely disrupt its operations, potentially grounding flights for millions of passengers annually.In legal documentation submitted to the US government and shared with Fox News Digital, Delta objected to possible tariffs stemming from a Commerce Department probe into…

[ad_1] Tata Electronics signed a memorandum of understanding (MoU) with Bharat Electronics Limited (BEL) to ramp up the development of indigenous semiconductor and electronics solutions.The agreement, signed on 5 June 2025 at Bombay House in Mumbai, brought together Tata Electronics and BEL to address India’s growing demand, PTI reported. The pact was signed by Randhir…

[ad_1] The rupee appreciated by 11 paise to close at 85.68 against the US dollar on Friday, reversing early losses after the Reserve Bank of India (RBI) delivered a surprise 50 basis point repo rate cut and announced a phased 100 basis point reduction in the cash reserve ratio (CRR).The local unit opened weak at…

[ad_1] The fallout between Trump and Musk has created significant implications for both these influential figures. The spat between US President Donald Trump and world’s richest person Elon Musk, is getting uglier as each hour of the day passes. From trading harsh barbs to threats, it’s a fight like no other. And it keeps getting…

[ad_1] Travellers flying in and out of Delhi in the upcoming months might see a little turbulence in their plans as Delhi airport will be canceling almost 7.5% of its daily flights. For three months, from June 15 to September 15, the airport will be cancelling 114 daily flights, as the airport operator DIAL begins…