New Delhi, June 3 (IANS) India’s largest lender, State Bank of India (SBI), expects to list its asset management arm SBI Funds Management Ltd (SBIFML) on the exchanges in 2026, with draft papers for the proposed public issue already filed with market regulator Sebi, SBI Chairman Challa Sreenivasulu Setty said on Wednesday at the CITI India 2026 Conference in Mumbai.
New Delhi, June 3 (IANS) India’s services PMI rose to 59.8 in May, from 58.8 in April, amid strengthening demand for freight, digital solutions, e-commerce, entertainment and IT, which boosted new business growth, the HSBC India Services PMI data showed on Wednesday.
New Delhi, June 3 (IANS) US-headquartered technology giant Apple has named India-origin app Guitar Wiz as a winner in the inclusivity category at the 2026 Apple Design Awards, recognising the app for creating an accessible music experience for users across different abilities.
New Delhi, June 3 (IANS) India’s three leading IT services providers -- Infosys, TCS and Wipro -- have collectively expanded deployment of '365 Copilot' to more than 3 lakh employees within six months, marking one of the world’s largest enterprise artificial intelligence (AI) rollouts, Microsoft said on Wednesday.
Washington, June 3 (IANS) The United States Trade Representative (USTR), under Section 301 of the Trade Act of 1974, has proposed to impose an additional up to 12.5 per cent tariff on India and 59 other economies over allegations of using forced labour to produce imported goods.
Mumbai, June 3 (IANS) Domestic equities traded lower on Wednesday following fresh escalation in tensions between the US and Iran, with benchmark indices declining up to 1 per cent during morning trade.
New Delhi, June 3 (IANS) Geopolitical tensions and disruptions arising from the ongoing West Asia crisis continue to weigh on the recovery of India's aviation sector, impacting traffic, capacity deployment and overall industry profitability, a report showed on Wednesday.
New Delhi, June 3 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) began its three-day policy meeting on Wednesday, with experts widely expecting the central bank to maintain status quo on interest rates amid volatile global conditions, driven by ongoing tensions in West Asia. The policy decision will be announced on Friday by Governor Sanjay Malhotra.
Washington, June 3 (IANS) US Trade Representative (USTR) Jamieson Greer has said that President Donald Trump's administration will release results of its trade investigations into dozens of trading partners, including South Korea, China and Japan, "over the next few weeks."
New Delhi, June 3 (IANS) Several positive factors, including increased policy support for sustainable agriculture and targeted bio-economy initiatives, will lead India on the path to become a global leader in the domain of Bio-Economy and bio-based agri-input sector, according to the government.
