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WEEKLY NEWS UPDATE

3 Sept 2025

India’s Economy sees Higher Growth of 7.8% in First Quarter (April-June) of 2025-26

India’s economy shows unexpectedly high growth in April-June Quarter of 2025-26, service sector showed the most growth.

India’s Economy sees Higher Growth of 7.8% in First Quarter (April-June) of 2025-26

25 Aug 2025

OpenAI Announces India Expansion, Set to Establish First Office in India

OpenAI to focus and Invest more in India, set to open first India office this year, CEO Sam Altman confirms on X platform

OpenAI Announces India Expansion, Set to Establish First Office in India

20 Aug 2025

Banks to clear cheques within few hours from October 4, says RBI

Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours. The clearing cycle will be reduced from the present T+1 days to a few hours

Banks to clear cheques within few hours from October 4, says RBI

3 Aug 2025

At Rs 25.1 Lakh Crore, UPI Payments Hit New High In July

Mumbai: UPI transactions reached a new peak in July 2025, with a record 1,947 crore transactions worth nearly Rs 25.1 lakh crore. This marked a 35% year-on-year growth in transaction volume and a 22% rise in transaction value.

At Rs 25.1 Lakh Crore, UPI Payments Hit New High In July

26 Jul 2025

Solar & Wind Power Company Reports 76% EBITDA Growth and 9,319% PAT Jump in Q1 FY26

The stock has given over 61.22 per cent returns from its 52-week low of Rs 167.55 per share

Solar & Wind Power Company Reports 76% EBITDA Growth and 9,319% PAT Jump in Q1 FY26

18 Jul 2025

Good salaries, flexible hours — yet employees kept quitting. Mumbai-based founder fired 3 people. Internet supports her decision

Mumbai-based founder Vedika Bhaia addressed employee turnover by firing underperformers, leading to improved retention. She fostered a positive environment by establishing a physical office to boost team energy. Proactive pay hikes, random treats, and public appreciation became the norm. Bhaia prioritized quick decisions, high standards, and hiring passionate individuals, resulting in improved morale and performance.

Good salaries, flexible hours — yet employees kept quitting. Mumbai-based founder fired 3 people. Internet supports her decision

16 Jul 2025

Exports Stable And Trade Deficit Narrows

India's Exports of $35.14 billion stay stable, and the Imports are Reduced.

Exports Stable And Trade Deficit Narrows

20 Feb 2025

"India & Qatar Seal Strategic Partnership, Address Israel-Palestinian Crisis in Key Talks"

India and Qatar have strengthened their relationship by forming a strategic partnership and discussed the Israel-Palestinian conflict during their talks.

"India & Qatar Seal Strategic Partnership, Address Israel-Palestinian Crisis in Key Talks"

7 Feb 2025

"Government Unveils New Budget: Key Tax Cuts, Spending Boosts, and Economic Growth Plans"

"Government announces new budget with tax cuts and increased spending on infrastructure. Experts weigh in on potential economic impacts."

"Government Unveils New Budget: Key Tax Cuts, Spending Boosts, and Economic Growth Plans"

23 Jan 2025

8th Pay Commission salary news: The announcement of the new pay commission came months after the dearness allowance (DA) payable to central government employees reached 50% of the basic pay. However, this was on the expected lines.

8th Pay Commission news: The Union government recently decided to set up the 8th Central Pay Commission (CPC)

8th Pay Commission salary news: The announcement of the new pay commission came months after the dearness allowance (DA) payable to central government employees reached 50% of the basic pay. However, this was on the expected lines.

6 Jan 2025

Human Metapnuemovirus (HMPV) Virus.

China is observing an outbreak of the Human Metapnuemovirus (HMPV) particularly in children under 14 years of age.

Human Metapnuemovirus (HMPV) Virus.

23 Dec 2024

"GST Horizons: Exploring the Latest Tax Developments"

Recent updates to the GST framework have introduced significant changes aimed at enhancing compliance and simplifying procedures for businesses.

"GST Horizons: Exploring the Latest Tax Developments"

16 Dec 2024

"RBI Empowers SFBs: Unlocking Credit Access via UPI"

RBI allows Small Finance Banks to offer UPI-based credit lines. This move is expected to reduce costs of digital offerings.

"RBI Empowers SFBs: Unlocking Credit Access via UPI"

9 Dec 2024

Amid High Inflation, RBI retains repo rate at 6.5% .

Monetary Policy Committee takes note of slowdown in growth momentum, downgrades growth and inflation estimates for 2024-25; persistent inflation deflates consumption and growth.

Amid High Inflation, RBI retains repo rate at 6.5% .

2 Dec 2024

GDP growth hits 5.4% in Q2, lowest in 7 quarters.

Lower than expected, India's economy faces challenges in achieving RBI's full-year growth forecast of 7.2%; strong rebound needed in the second half to reach target.

GDP growth hits 5.4% in Q2, lowest in 7 quarters.

25 Nov 2024

Gautam Adani indicted in U.S. over charges of bribery, securities fraud.

5- count criminal indictment issued, charges include promising over $250 million in bribes to Indian Government officials to secure solar energy contracts, conspiracies to commit security fraud, and orchestrating a 'multiple-dollar scheme' to defraud U.S. investors; Adani Group denies allegations.

Gautam Adani indicted in U.S.  over charges of bribery, securities fraud.

13 Nov 2024

Food prices spur inflation to 6.2% in October

Vegetable prices spiked 42.2% in October, the highest in 57 months, Food Inflation crossed 11%in urban areas.

Food prices spur inflation to 6.2% in October

24 Oct 2024

We are trying to restore trust': Army chief reacts to India ..
LAC agreement

This announcement came just days before a proposed bilateral meeting between Prime Minister Modi and President Xi Jinping in Russia.

We are trying to restore trust': Army chief reacts to India ..
LAC agreement

16 Oct 2024

Omar Abdullah On Why He Chose Jammu's Surinder Choudhary As His Deputy

Surinder Choudhary -- a former member of the PDP and the BJP -- was chosen as deputy chief minister of Jammu and Kashmir

Omar Abdullah On Why He Chose Jammu's Surinder Choudhary As His Deputy

7 Oct 2024

Airtel Payments Bank has enhanced security with Al-powered Face Match ?

The Face Match feature works by analysing various factors, including user behaviour, transactions patterns, location data, and device location to verify the user.

Airtel Payments Bank has enhanced security with Al-powered Face Match ?

K J Somaiya College of Arts and Commerce (Autonomous) & accredited by NAAC_A (3.04)

VIDYANAGAR, VIDYA VIHAR, MUMBAI - 400 077

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