Business

IKEA India opens first store in Delhi (ANI photo) Ikea India has launched its first Delhi outlet at Pacific Mall, Tagore Garden in West Delhi. The 15,000-square-foot establishment aims to provide Delhi residents and neighbouring areas with convenient access to the furniture brand’s products, design concepts and customised services.The Swedish retailer Ikea is recognised for…

Markets regulator Sebi has banned Dewan Housing Finance Corp Ltd’s former CMD Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the securities markets for up to five years and imposed a penalty totalling Rs 120 crore on them for diverting funds and fabricating books. Additionally, they have been restrained from holding any key position…

Banking operations across India will be closed on August 15 for Independence Day, while several states will also see a shutdown on August 16 for Janmashtami, followed by regular Sunday closure, creating an extended weekend of limited banking services from August 15 to 17.Banks in Manipur will also remain closed on August 13, 2025 to…

Cyber fraud losses in Telangana fell to Rs 681 crore during January-June 2025, a Rs 219 crore decline compared to the same period last year, according to the Telangana State Cyber Security Bureau (TGCSB).The reduction, driven by enhanced public awareness and targeted interventions, outpaced the national trend. While India saw a 37 per cent rise…

The American regulatory body had initiated legal proceedings against the industrialists and their organisation a few months ago. (AP file photo) The US Securities and Exchange Commission (SEC) has not yet delivered legal summons to Adani Group chairman Gautam Adani and Sagar Adani, his nephew. The American regulatory body had initiated legal proceedings against the…

A shipment of Indian diesel is en route to China, marking the first such delivery since 2021. (AI image) Russia-backed Nayara Energy, an Indian refinery, faced with European Union sanctions for its procurement of crude from Russia is looking at damage control. Nayara Energy is sending a shipment to China, a first for India since…

Global satellite operators are competing for India’s $2.3 billion satcom market, which is expected to increase nearly ten times within three years to become one of the world’s largest markets.Several international operators, including Luxembourg’s Intelsat, UK’s Inmarsat, Singapore Telecom, Korea’s KT SAT, Thailand’s IPSTAR, and Indonesia’s PT Telekomunikasi, are increasing their satellite capacity, as reported…

It seems Pakistan has successfully persuaded the Trump administration that controlling BLA is crucial for accessing “critical minerals” in the region. (AI image) The Donald Trump administration’s move to recognise the Baloch Liberation Army (BLA) as a Foreign Terrorist Organisation (FTO) may have its reasons rooted in a desire to mine rare earth deposits in…

Paytm shares surge after RBI authorisation NEW DELHI: Paytm Payments Services has secured approval from the Reserve Bank of India to function as an online payment aggregator, according to a regulatory filing by its parent organisation One 97 Communications on Tuesday.This approval lifts the restrictions placed on Paytm Payments Services Limited (PPSL) regarding new merchant…

Gold price prediction: Spot Gold could continue to find resistance in the zone of $ 3,385 – 3,410 per oz (CMP USD 3,350/oz) on the higher side. (AI image) Gold price prediction today: Upside in gold rates is expected to be limited with the US-China 90-day trade truce extended and other developments on the Trump…