Sensex welcomes RBI’s jumbo 50 bps rate cut, surges over 500 points

IANS | June 6, 2025 11:03 AM

Mumbai, June 6 (IANS) The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut — from 6 per cent to 5.5 per cent — and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent.

Adani Ports marks World Environment Day with major sustainability milestone

IANS | June 5, 2025 6:33 PM

New Delhi, June 5 (IANS) In a significant stride toward environmental responsibility, Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday marked the World Environment Day with a major sustainability achievement, saying 12 of its key ports have been awarded the Zero Waste to Landfill (ZWL) certification.

Dassault Aviation, Tata Advanced Systems to manufacture Rafale fuselage in India

IANS | June 5, 2025 3:31 PM

Mumbai, June 5 (IANS) In a major development, French major Dassault Aviation and Tata Advanced Systems Limited on Thursday signed four production transfer agreements to manufacture the Rafale fighter aircraft fuselage in India, marking a significant step forward in strengthening the country’s aerospace manufacturing capabilities and supporting global supply chains.