The Indian government has approved Starlink’s licence to operate satellite internet services, marking a major step for Elon Musk’s firm. Starlink is now set to bring high-speed internet to rural and remote parts of India.
Ahmedabad's Sardar Vallabhbhai Patel International Airport (SVPI) achieved Level 4 Airport Customer Experience Accreditation from Airports Council International (ACI).
Vijay Mallya, wanted in India for fraud, gave a four-hour podcast interview after nine years. He apologised for Kingfisher’s failure, denied theft, and claimed banks recovered more than double the loan amount.
RBI Governor Sanjay Malhotra announced simplified gold loan regulations for amounts up to Rs 2.5 lakh, eliminating the need for credit appraisals. Final guidelines are expected by Monday.
PM Modi approved the 8th Central Pay Commission, impacting 36 lakh government employees and pensioners. A substantial salary and pension hike is anticipated, with a potential 40-50% increase in basic pay due to a fitment factor between 2.28 and 2.86.
Nagaland State Lottery's daily draws—Dear Meghna (1 PM), Dear Dasher (6 PM), and Dear Seagull (8 PM)—offer a top prize of Rs 1 crore. Legal in 13 Indian states, results are available on official websites.
Suzuki halted Swift production in Japan due to China's rare earth export restrictions. China's control over these critical minerals, used in various industries, is disrupting global supply chains.
The Reserve Bank of India (RBI) cut the repo rate by 50 basis points to 5.5% and the Cash Reserve Ratio (CRR) by 100 basis points to 3%, injecting ₹2.5 lakh crore into the market.
The Reserve Bank of India (RBI) cut its key repo rate by 50 basis points to 5.50%, the third reduction in 2025, totaling 100 basis points.
