Category: Latest NEWS

Key Highlights: Genpact has introduced 10-hour working days with real-time digital monitoring in its Indian offices. Workers object to too much stress, decreased morale, and threats of disciplinary action if goals are not achieved.   Key Background : Genpact’s new office system policy—10 hours of clocked work a day—was implemented…

Key Highlights : Reddit has named cricket icon Sachin Tendulkar as its global brand ambassador to boost its presence in India and sports communities. The platform’s cricket-related user activity has surged, with billions of views and millions of engagements in the last year.   Key Background : Reddit’s choice of…

Key Highlights : HDFC Bank lowered MCLR by 10 basis points for tenors expiring from June 7, 2025. Home loan customers who have MCLR-based home loans will gain by paying lower EMIs or prepaying the loan in shorter tenure according to reset schedules. Key Background : MCLR is a benchmark…

Key Highlights : Air India Boeing 787 crashes while taking off from Ahmedabad with 244 aboard. Boeing stock futures drop close to 7% in U.S. pre-market trading following crash. Key Background : Crash Details & Emergency Response Flight AI171 took off from Ahmedabad on June 12, 2025, at 1:38 PM…

Key Highlights : Micron to invest ₹13,000 crore in Gujarat’s Sanand SEZ for making semiconductors; Aequs to invest ₹100 crore in Karnataka for electronics manufacturing.   New SEZ reforms reduce land requirements and enable freer use of land as well as entry into domestic markets for manufacturers.   Key Background…

Key Highlights : Paytm now offers custom UPI handles like name@ptyes or name@ptaxis, helping users protect their mobile number privacy. The feature is currently live for Yes Bank and Axis Bank UPI handles, with plans to expand to other banks soon. Key Background : As digital payments rise exponentially in…

In a remarkable turn of events, India has officially become the fourth-largest economy in the world in 2025, surpassing economic giants like Japan. This historic milestone underscores the country’s consistent economic momentum, making it a prominent force in the global financial landscape. With a growing GDP and an expanding influence…

Unified Payments Interface (UPI) has transformed the way Indians send and receive money. From roadside vendors to top corporates, UPI has become the go-to payment method thanks to its ease, speed, and zero-cost nature for most users. But with more people relying on digital payments, questions around UPI charges, transaction…

According to a Bloomberg article, Apple has continued to rely on India as a means of diversifying away from China, having produced $22 billion worth of iPhones in the past 12 months. The Tim Cook-led corporation currently assembles 20% of its iPhones in India, having grown iPhone production there by…

In a significant move aimed at supporting India’s economy, the Reserve Bank of India (RBI) has cut the repo rate from 6.25% to 6%. The announcement came during the latest Monetary Policy Committee (MPC) meeting, led by RBI Governor Sanjay Malhotra.   This decision comes at a time when global…