Latest News, Updates & Breaking Headlines
Mumbai: Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, was disclosed by IndusInd Bank in a regulatory filing on Tuesday.HDFC Bank clarified that it does not…
New Delhi: In a direct fallout of the June 12 AI 171 crash, IndiGo has for the first time flown more international passengers than Air India group (AI plus AI Express).DGCA data for July-Sept 2025 shows the two Tata Group airlines flew 41 lakh international passengers, while IndiGo was at 41.36 lakh. This was because…
Steve Cahillane to become CEO of KRaft Heinz, which currently in process of splitting (AP file photo) US-origin food MNC Kraft Heinz has tapped Steve Cahillane as the new CEO, effective January 1, 2026, as the company prepares for its division into two separate entities.He will subsequently lead the Global Taste Elevation Co., which will…
In a significant overhaul of retirement withdrawal norms, exiting the National Pension System (NPS) has become more flexible for non-government subscribers. Under amended rules notified by the Pension Fund Regulatory and Development Authority (PFRDA), eligible NPS members can now withdraw up to 80 per cent of their retirement corpus as a lump sum at the…
Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, driven by IndiGo‘s widespread flight cancellations, according to preliminary industry data released on Tuesday. The aviation sector in India had shown steady growth in jet fuel demand for two years following recovery from Covid-related disruptions. However, this pattern shifted when IndiGo…
Warren Buffett’s lessons don’t just extend to markets and investment – they are often regarded as pearls of wisdom for dealing with life’s ups and downs. (AP file photo) Warren Buffett is known for many things – he is one of the richest persons in the world, a master of investment, the ‘Oracle of Omaha’,…
Thinking of investing in stocks but wondering which picks will offer the fastest returns? Identifying consistent wealth creators can be tricky as the stock market is volatile. Motilal Oswal Financial Services has released a list of the top 10 fastest wealth-creating stocks over the past five years, from 2020 to 2025. The brokerage has defined…
Representative image made with AI Global Capability Centres (GCCs) are recruiting technology professionals at a rate four times faster than IT services companies, representing the most significant employment transformation in India’s IT sector in ten years.GCCs are increasing their workforce by 18-27% annually, whilst IT services grow at 4-6%, as per TeamLease Digital’s statistics, cited…
Elon Musk became first person ever to have a fortune exceeding $600 billion, with the sharp rise in the value of his companies, particularly SpaceX, driving his net worth to unprecedented levels. The latest jump follows a offer launched by SpaceX earlier this month that values the private rocket company at $800 billion, up from…
The government on Tuesday introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in Parliament, but what could it mean for you? The Bill, already cleared by the Union Cabinet, aims to revolutionise India’s insurance sector, making coverage easier to access for all and setting the ambitious goal of universal protection by…
