Astaguru

Wockhardt exits US generics business, files for liquidation of subsidiaries

The decision follows years of financial losses in the US generics business, including loss of nearly $8 million in FY 2025, Wockhardt said in a BSE filing

Iran mass expels Afghan refugees, raising alarms for women under Taliban

Iran's deportation of 250,000 Afghans, many of them women, has sparked a humanitarian crisis as returnees face deadly heat, Taliban restrictions, and limited support at overcrowded border crossings

Trump to start sending tariff letters Friday; global duties begin August 1

The Trump administration will send letters to trade partners from Friday announcing unilateral tariff rates, which must be paid starting August 1

Without subsidies, Musk would probably have to head to South Africa: Trump

Donald Trump made these remarks after Elon Musk criticised cuts to clean energy credits in the Senate version of the EV bill and hinted at launching a political outfit

Railways revises passenger train base fares effective July 1: Check here

Revised fares for passenger, express, and premium trains take effect from 1 July; suburban fares and other charges remain unchanged as Railways updates ticketing systems

Karna Bank's MD, ED resign; bank forms panel to find replacements

Following the departure of the MD&CEO and ED, the bank has formed a search committee to identify suitable candidates for both roles

Fiscal deficit in April-May at 0.8% of full-year target, shows govt data

Net tax receipts at ₹3.5 trillion compared with ₹3.2 trillion a year earlier. Non-tax revenue at ₹3.6 trillion compared with ₹2.5 trillion a year ago

Borrower indebtedness in microfinance declines to 11.7%: RBI report

Despite rising stress in microfinance portfolios, RBI notes decline in borrower indebtedness as tighter underwriting and regulatory caps limit over-lending

Ericsson launches first India-built antenna, targets global markets

Sweden's Ericsson partners VVDN to manufacture passive antennas in India, with global shipments of its first locally made model beginning in July

Indian financial system resilient amid global uncertainty: RBI report

RBI's June 2025 Financial Stability Report highlights resilience in India's financial system, with strong capital buffers in banks and NBFCs, healthy insurers, and global volatility as a key risk

Thinking capped: How generative AI may be quietly dulling our brains

Various experts in India, too, reiterate the concerns of overdependence on AI, to the extent where people outsource even thinking to AI

RBI's new rule on gold-backed loan will lead to biz model adjustment: S&P

Earlier this month, the RBI raised the loan-to-value (LTV) ratio for lending against gold to 85 per cent for borrowings under ₹2.5 lakh from the present 75 per cent

Why did US reject 25 MT of mangoes? India alleges inspection lapse

India alleges US inspectors bypassed protocol during mango inspections, leading to destruction of 25 MT fruit and loss of $500,000 for exporters

SC grants interim bail to Ashoka professor, raps him for 'choice of words'

Ashoka University's Associate Professor Ali Khan Mahmudabad gets interim bail amid Operation Sindoor post row, with Supreme Court ordering SIT probe

Where to invest as markets overcome tariff fears? Analysts weigh in

From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts

G-7 central banks prepare first policy responses to Trump tariffs chaos

Against a backdrop of rising Treasury yields, weaker dollar and slumping stocks tied to US trade policy, investors will be seeking clues from Fed policymakers on their appetite for lower interest rate

India to significantly cut tariffs before April 2 deadline, claims Trump

India to lower tariffs ahead of US-imposed reciprocal duties on April 2, President Donald Trump claims, adding nations are now reducing unfair trade barriers against American exports

IPL 2025 live streaming: Where to watch DC vs LSG cricket match live?

JioHotstar is live streamimg Delhi Capitals vs Lucknow Super Giants match in IPL 2025 on their app and website. Star Sports 1 HD/SD is the channel to visit for live telecast of DC vs LSG match

Modi urges stakeholders to invest in people, innovation to create jobs

PM Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence

Pak's Punjab govt uses artificial rain in cities to combat pollution

According to the provincial health department, around two million cases of respiratory disease, besides complaints of asthma, chest infections, conjunctivitis and heart issues, have been reported