Eternal Ltd Sees Stock Dip After Leadership Change in Food Delivery Segment

In a key leadership shakeup, Eternal Ltd has announced the appointment of Aditya Mangla as the new Chief Executive Officer for its food ordering and delivery business, effective July 6,…

Sneha Gandhi

Indian Navy Inducts Stealth Frigate ‘Udaygiri’ with Pennant F35 under Project 17A

The Indian Navy’s maritime strength received a major boost with the induction of Udaygiri, a state-of-the-art stealth frigate delivered on 1 July 2025. Contrary to some misconceptions, the F35 here…

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India’s Forex Reserves Rise by $4.8 Billion to $702.78 Billion

India’s foreign exchange reserves rose by $4.8 billion to reach $702.78 billion for the week ending June 27, according to data released by the Reserve Bank of India (RBI) on…

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Trump’s Tax and Spending Bill Passes House, Paving Way for Major Overhaul

President Donald Trump secured a key legislative victory on Thursday as the House of Representatives narrowly passed his sweeping tax-cut and spending bill, which now awaits his signature. The Republican-led…

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Air India Denies Allegations of Coercion Over Crash Compensation Forms

Air India on Friday dismissed allegations that it pressured families of victims of the AI-171 crash to disclose their financial dependency on the deceased in order to reduce compensation payouts.…

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Supreme Court Declines to Quash FIR Against HDFC Bank CEO, Awaits Bombay HC Hearing

The Supreme Court on Friday declined to entertain a plea by HDFC Bank CEO Sashidhar Jagdishan seeking to quash an FIR filed against him in connection with alleged financial irregularities…

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India to Launch $234 Million Incentive Scheme to Boost Domestic Drone Industry

India is set to roll out a ₹20 billion ($234 million) incentive programme aimed at strengthening its civil and military drone manufacturing capabilities, three sources told Reuters. The move comes…

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ADAG Stocks Rise as SBI’s Fraud Tag on RCom Loan Seen as Having No Impact

Shares of Anil Dhirubhai Ambani Group (ADAG) firms Reliance Infrastructure and Reliance Power rallied up to 5% on Friday after the companies clarified that the State Bank of India’s (SBI)…

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Defence Stocks Surge After ₹1.05 Lakh Crore Procurement Push by Government

Defence stocks rallied sharply on Friday as the Indian government approved capital acquisition proposals worth nearly ₹1.05 lakh crore, boosting sentiment across the sector. The Nifty Defence India index climbed…

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Sebi Bars Jane Street Entities, Impounds ₹4,000 Crore Over ‘Manipulative’ Trades in Bank Nifty & Nifty Options

The Securities and Exchange Board of India (Sebi) has barred four entities linked to the Jane Street Group from the Indian securities market and seized over ₹4,000 crore in alleged…

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