A recent analysis highlights that queerphobia and discrimination against LGBTQ and transgender communities in India may have significant economic costs. It argues that excluding these groups limits workforce participation, innovation, and productivity, potentially impacting GDP growth. Experts stress stronger DEI practices could improve social equity.
The Indian government has reduced the windfall tax on exports of petrol, diesel, and aviation turbine fuel (ATF), effective June 1. The move aims to support refiners amid changing global crude oil prices and market conditions. The revised tax rates are expected to improve export competitiveness while balancing government revenue and energy sector interests.
Adani Group has said its US legal issues are behind it and is now focusing on future growth driven by AI-powered infrastructure. The conglomerate is betting on a global boom in data centers, energy, and digital ecosystems. It aims to position itself strongly in emerging technology-led infrastructure development and long-term expansion plans.
The India Meteorological Dept. (IMD) has issued a heavy rainfall alert for multiple states across the country until today. Rain is expected in Uttar Pradesh, Bihar, Jharkhand, West Bengal, Punjab, Haryana, Delhi, Rajasthan, Odisha, Tamil Nadu, Puducherry, Andhra Pradesh, J&K, Uttarakhand, Himachal Pradesh, Madhya Pradesh, Chhattisgarh, Gujarat, and Goa.
BSNL has introduced a new prepaid recharge plan priced at ₹599, offering 70 days of validity. The plan includes 3GB high-speed data per day along with unlimited voice calling benefits. This move aims to attract more customers in the competitive telecom market by providing affordable and high-data usage options for users across India.
CNG prices have been increased by ₹2 per kilogram across the Mumbai Metropolitan Region, including Thane and Navi Mumbai. The revision is expected to impact daily commuters and transport operators using CNG vehicles. This marks another adjustment in fuel costs, adding pressure on household and commercial transportation expenses in the region.
The Reserve Bank of India is preparing to introduce polymer-based rupee notes to improve durability and meet rising currency demand. The new notes are expected to reduce wear and tear, enhance security features, and lower replacement costs. The move is part of RBI’s efforts to modernise India’s currency system and improve cash management efficiency.
The Reserve Bank of India is preparing to introduce polymer-based rupee notes to improve durability and meet rising currency demand. The new notes are expected to reduce wear and tear, enhance security features, and lower replacement costs. The move is part of RBI’s efforts to modernise India’s currency system and improve cash management efficiency.
The Delhi High Court fined Google Rs 30 lakh for allowing competitors to use “HINDWARE” as an advertising keyword. The court ruled that invisible keyword bidding still amounts to trademark use under Indian law. It held Google actively profited from Hindware’s brand value through its ad system, making the company liable for trademark infringement.
Indian equity markets closed sharply lower on Friday amid uncertainty over the US-Iran deal and weak investor sentiment. Selling pressure hit metal, oil, and broader market stocks, while only a few IT shares resisted the decline. The Sensex ended at 74,775.74, down 1,092 points, while the Nifty settled at 23,547.75 after losing 359 points.
The Indian rupee strengthened by 5 paise to 95.53 against US dollar today trade after optimism grew over a possible extension of the ceasefire between US and Iran. The temporary easing of tensions reduced fears of oil supply disruptions in global markets. After opening weaker at 95.77, the rupee slightly recovered amid improving investor sentiment.
AI expenses linked to Claude are surging as companies struggle to control employee usage. One enterprise reportedly spent 500 million dollars in a month after allowing unrestricted access to Anthropic’s AI tools. Rising costs tied to coding agents and automated workflows are now forcing firms to rethink AI budgets and monitoring systems globally.
Indian stock markets began trading on a positive note, tracking gains in global oil prices and optimism over US-Iran peace breakthrough. Sensex surged over 114 points to 75,982, while Nifty climbed 56 points to 23,964 in early trade. Bank Nifty outperformed with a jump of 11 points. Meanwhile, the rupee traded slightly weaker at 95.05 […]