Business News: Economy & Markets

Pilots’ body claims electric failure led to Air India Boeing crash in Ahmedabad

IANS | June 19, 2026 2:57 PM

New Delhi, June 19 (IANS) The Federation of Indian Pilots (FIP) has challenged the official narrative related to the tragic crash of Air India Flight AI 171, just seconds after take-off from Ahmedabad airport on June 12, 2025, claiming that new simulator data points to a massive systemic electrical failure that caused the Boeing plane crash rather than pilot suicide.

World looks at India with hope, enthusiasm, global engagement and investments rising: PM Modi

IANS | June 19, 2026 2:34 PM

New Delhi, June 19 (IANS) Prime Minister Narendra Modi on Friday said the world today looks at India with hope and enthusiasm, adding that the growing global confidence in the country is reflected in increasing international engagement and investments.

Govt removes domicile certificate requirement for SC, OBC scholarships to ease access

IANS | June 19, 2026 2:22 PM

New Delhi, June 19 (IANS) The Department of Social Justice & Empowerment has removed the requirement for a domicile certificate for students applying under Pre‑Matric and Post‑Matric scholarship schemes for Scheduled Caste and Other Backward Classes, an official statement said on Friday.

FM Sitharaman inaugurates northeast's largest organic spice processing unit

IANS | June 19, 2026 2:09 PM

New Delhi, June 19 (IANS) Finance Minister Nirmala Sitharaman inaugurated the northeast's largest organic spice processing unit at Bhoirymbong in Meghalaya’s Ri-Bhoi district on Friday, in the presence of Meghalaya Chief Minister Conrad Sangma and Sikkim Chief Minister P.S. Tamang Golay.

RGIPT Bengaluru Campus embarks on major infrastructure expansion to support future growth: Prof Hirani

IANS | June 19, 2026 2:00 PM

New Delhi, June 19 (IANS) The Bengaluru campus of the Rajiv Gandhi Institute of Petroleum Technology (RGIPT) is undergoing a major infrastructure expansion aimed at strengthening academic excellence, research capabilities, and industry engagement, the institute's Director Prof. Harish Hirani said on Friday.

SC issues notice on PIL seeking probe into alleged Rs 1,500 crore bank fraud

IANS | June 19, 2026 1:31 PM

New Delhi, June 19 (IANS) The Supreme Court on Friday agreed to examine a public interest litigation (PIL) seeking a court-monitored investigation by the Enforcement Directorate (ED), the Serious Fraud Investigation Office (SFIO) and the Reserve Bank of India (RBI) into an alleged banking fraud involving over Rs 1,500 crore of public sector bank funds and the role of asset reconstruction companies (ARCs) in facilitating debt settlements at a fraction of the outstanding dues.

FSSAI issues notices to Marico, Ferrero, Bikanervala among 14 entities over misleading claims

IANS | June 19, 2026 1:29 PM

New Delhi, June 19 (IANS) Food safety regulator Food Safety and Standards Authority of India (FSSAI) on Friday said it has issued notices to several food business operators (FBOs) for alleged violations related to misleading product claims, branding and labelling practices, as well as consumer complaints, and directed them to take corrective measures.

NSE discloses dispute over mistakenly credited shares worth over Rs 1 crore in DRHP

IANS | June 19, 2026 12:26 PM

Mumbai, June 19 (IANS) The National Stock Exchange (NSE) has disclosed in its draft red herring prospectus (DRHP) for its proposed initial public offering (IPO) that it filed a police complaint over the alleged wrongful retention and sale of shares that were mistakenly credited to an individual's demat account.

Rs 65,000 crore worth coal gasification projects underway in India: Govt

IANS | June 19, 2026 11:46 AM

New Delhi, June 19 (IANS) Coal gasification projects worth more than Rs 65,000 crore are currently under execution in India, signalling that the government's push to convert coal into chemicals, fuels and industrial feedstock is moving from policy planning to on-ground implementation, according to a senior official.

Govt to deploy over 100 area officers for smooth roll out of VB–G RAM G Act from July 1

IANS | June 19, 2026 11:03 AM

New Delhi, June 19 (IANS) The government on Friday said it will deploy more than 100 area officers across the country to support states and union territories ahead of the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G) Act, 2025, which comes into force on July 1.

business

Pilots’ body claims electric failure led to Air India Boeing crash in Ahmedabad

World looks at India with hope, enthusiasm, global engagement and investments rising: PM Modi

Govt removes domicile certificate requirement for SC, OBC scholarships to ease access

FM Sitharaman inaugurates northeast's largest organic spice processing unit

RGIPT Bengaluru Campus embarks on major infrastructure expansion to support future growth: Prof Hirani

SC issues notice on PIL seeking probe into alleged Rs 1,500 crore bank fraud

FSSAI issues notices to Marico, Ferrero, Bikanervala among 14 entities over misleading claims

NSE discloses dispute over mistakenly credited shares worth over Rs 1 crore in DRHP

Rs 65,000 crore worth coal gasification projects underway in India: Govt

Govt to deploy over 100 area officers for smooth roll out of VB–G RAM G Act from July 1

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