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Business

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Business

‘₹85 cr. worth of ₹2,000 banknotes returned in a month’

Representational picture | Photo Credit: The RBI on Monday mentioned ₹2,000 banknotes worth ₹85 crore returned to the system between May 31, 2025 and April 30, 2025, leaving ₹6,181 crore nonetheless in the market. “The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, […]

Business

NCLT admits Reliance Infrastructure for insolvency resolution process

Photo: The National Company Law Tribunal (NCLT), Mumbai has admitted insolvency plea towards Reliance Infrastructure Ltd. filed by IDBI Trusteeship Services Ltd. In April 2022, IDBI Trusteeship had filed a petition for initiating company insolvency resolution process (CIRP) towards Reliance Infrastructure, below part 9 of the Insolvency and Bankruptcy Code, alleging a default of ₹88.68 crore as on

Business

AI to hit entry-level white-collar roles hardest: Jefferies report

Entry-level white-collar positions are doubtless to be probably the most affected by Artificial Intelligence (AI) implementation, in accordance to a latest report by Jefferies. The findings spotlight rising employment issues for brand new workforce entrants within the United States, notably latest college graduates.Currently, the unemployment fee for latest US college graduates stands at 5.8 per

Business

Airlines projected to report $36 billion profit in 2025: IATA

Willie Walsh, Director General of the International Air Transport Association. | Photo Credit: Reuters Airlines’ profit is anticipated to contact $36 billion, barely greater than $32.4 billion posted final 12 months, IATA mentioned on Monday (June 2, 2025). Addressing the Annual General Meeting (AGM) of the International Air Transport Association (IATA) in the nationwide capital,

Business

ATF price cut by 3%, commercial LPG rate down by ₹24

Representational file picture. | Photo Credit: P.V. SIVAKUMAR The price of jet gas, or ATF, was on Sunday (June 1, 2025) slashed by 3% – the third straight month-to-month discount on softening worldwide benchmark costs. The fall in worldwide benchmark oil and fuel costs additionally led to a ₹24 per 19-kg cylinder cut in rate

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