Business News: Economy & Markets

Air India crash: Both engines shut down after shift in fuel control switches; one pilot said he ‘didn’t do it’

IANS | July 12, 2025 7:53 AM

New Delhi, July 12 (IANS) Air India Boeing 787-8 aircraft’s engine fuel control switches transitioned from ‘RUN’ to ‘CUTOFF’ position within three seconds after lift-off, leading to the plane crashing in just 34 seconds after taking off from Ahmedabad on June 12, according to the initial probe report by the Aircraft Accident Investigation Bureau (AAIB) released early on Saturday.

We lead with tech-driven, consumer-oriented services, says Healthians CEO as company turns EBITDA positive

IANS | July 11, 2025 8:20 PM

Mumbai, July 11 (IANS) We continue to lead the consumer and corporate wellness space with tech-driven, consumer-oriented services, Nishant Singhal, Board Member and CEO at Healthians said on Friday after the company announced it had achieved full earnings before interest, taxes, depreciation and amortisation (EBITDA) and cash profitability in the quarter ending June 2025 (Q1 FY26).

Bihar: Enhanced Rs 1,100 pension credited into bank accounts; beneficiaries express gratitude

IANS | July 11, 2025 7:04 PM

Patna, June 11 (IANS) Bihar Chief Minister Nitish Kumar on Friday disbursed the first instalment of the enhanced pension amount of Rs 1,100 per month into bank accounts of over 11 million beneficiaries through Direct Benefit Transfer (DBT).

India's gold reserves rise by $342 million, forex stands at $699.736 billion: RBI

IANS | July 11, 2025 6:53 PM

New Delhi, July 11 (IANS) The country’s gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the latest weekly data released by Reserve Bank of India (RBI) on Friday.

Elecon Engineering clocks over 38.5 pc decline in revenue, total income drops over 36.5 pc

IANS | July 11, 2025 5:22 PM

Mumbai, July 11 (IANS) Gujarat-based manufacturers of industrial gears and material handling equipment Elecon Engineering Company Limited on Friday reported a 38.5 per cent decline in its revenue from operations on quarter-on-quarter (QoQ) basis.

Quantum readiness is a strategic imperative for India: S. Krishnan

IANS | July 11, 2025 4:45 PM

New Delhi, July 11 (IANS) Quantum readiness is a strategic imperative as we prepare for the disruptive potential of quantum technologies especially in cybersecurity, S. Krishnan, Secretary, MeitY, said on Friday.

Urbanisation is an opportunity, not a challenge: Experts at Assocham event

IANS | July 11, 2025 4:30 PM

New Delhi, July 11 (IANS) India’s urban population is projected to grow to approximately 88 crore by 2047 under the ‘Viksit Bharat’ vision, a senior government official said on Friday, emphasising that urbanisation is not a challenge but an opportunity to transform our cities into vibrant, sustainable hubs of growth.

business

Air India crash: Both engines shut down after shift in fuel control switches; one pilot said he ‘didn’t do it’

We lead with tech-driven, consumer-oriented services, says Healthians CEO as company turns EBITDA positive

Bihar: Enhanced Rs 1,100 pension credited into bank accounts; beneficiaries express gratitude

India's gold reserves rise by $342 million, forex stands at $699.736 billion: RBI

Elecon Engineering clocks over 38.5 pc decline in revenue, total income drops over 36.5 pc

Quantum readiness is a strategic imperative for India: S. Krishnan

Urbanisation is an opportunity, not a challenge: Experts at Assocham event

Sensex, Nifty end lower as global trade worries add pressure

Indians double down on investments in US stocks despite volatility: Report

Luxury housing sales in India clock record 85 pc growth in Jan-June, Delhi-NCR leads

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