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Business
UPI Giants PhonePe, Google Pay Rake In ₹5,065 Crore Despite Free Transactions
New Delhi: Despite offering free UPI transactions, fintech giants PhonePe and Google Pay earned over ₹5,065 crore last year, leveraging innovative revenue streams like voice-enabled speakers, advertising, and value-added services.…
Desi Ethics Vs. Global Trade: How India’s Vegetarian Values Shape Import Policy
New Delhi: With new tariffs set to kick in on August 1, 2025, there's growing optimism about a breakthrough in trade negotiations between India and the United States. Sources close to the discussions suggest a deal could be inked soon,…
India’s EPFO To Credit 8.25% Interest To Provident Fund Accounts This Week
Mumbai: The news is breaking about a huge relief to the salaried citizens of India; millions of accounts holding Provident Fund (PF) are expected to get their interest payments this week. Labour Minister Mansukh Mandaviya announced, on May…
NPCI’s New Tool Speeds Up PAN-Bank Account Validation For Taxpayers
New Delhi: To ease the process on the Income Tax e-filing portal, the National Payments Corporation of India (NPCI) introduced a real-time pan and bank account validating facility on June 17, 2025, which could make the taxation process of…
Israel-Iran Tensions Spike Oil Prices, India Faces Fuel Cost Surge
New Delhi: Brent crude reached $78 a barrel, the highest price in five months, after Israeli warplanes struck sites associated with Iran's nuclear program. Planners in New Delhi immediately began calculating the likelihood of steeper fuel…
Air India Express Retire Flight Number ‘171’ After Tragic Ahmedabad Crash
New Delhi: In a first for the company, Air India and Air India Express have grounded flight number 171 forever in memory of the 274 people who lost their lives in the devastating Air India Flight AI-171 accident in Ahmedabad on June 9,…
Union Cabinet Greenlights ₹6,405 Crore Railway Upgrades For Jharkhand, Karnataka, Andhra Pradesh
New Delhi: On Wednesday, Finance Minister Nirmala Sitharaman announced that Prime Minister Narendra Modi and the Union Cabinet had signed off on two multitracking railway projects with a combined outlay of 6,405 crore. The planned lines…
India Orders IndiGo To Cut Ties With Turkish Airlines After Ankara Backs Pakistan
New Delhi: New Delhi has responded to Turkey's strong support for Pakistan during the recent tensions between the two neighbours by asking India's biggest airline, IndiGo, to end its aircraft leasing pact with Turkish Airlines by August 31,…
$4 Trillion Triumph: India Surpasses Japan, Eyes Third Spot By 2028
New Delhi: India surpassed Japan this year to settle in fourth place among the world’s wealthiest economies, according to a statement from NITI Aayog CEO Subrahmanyam. After the 10th meeting of the Governing Council of NITI Aayog,…
LIC Sets Guinness World Record With 5.88 Lakh Life Insurance Policies Sold In A Single Day
Mumbai: The Life Insurance Corporation of India (LIC) now holds a Guinness World Record for issuing the most life insurance policies in one day. On January 20, 2025, agents from LIC sold a whopping 588,107 policies all over India. Thanks to…