Business

Reliance Industries withdraws trademark application for Operation Sindoor, symbolizing Indian bravery in targeting terror sites in Pakistan after the Pahalgam attack. Source

India Business News: Reserve Bank of India is reviewing its economic capital framework. This review could alter how RBI calculates dividends to the government. The central Source

Sadaf Sayed, CEO of Muthoot Microfinance, estimated the size of the unregulated lending market in Tamil Nadu at between ₹20,000 crore and ₹30,000 crore. Source

NSE denies approaching the Ministry of Finance about its IPO, refuting recent media claims. No communication has taken place in the past 30 months. Source

India Business News: Singapore Telecom is set to offload 0.8% of its stake in Bharti Airtel through block deals, potentially raising approximately Rs 8,600 crore, equivale Source

From the potential impact of Indus Water Treaty suspension to India slamming ‘rogue state’ Pakistan at UN after its Defence Minister Khwaja Asif admission of involvement in supporting terrorism — Here are the top 11 news stories across business, global events, tech, and more Source

Simple Energy plans to launch an IPO in FY27 to raise Rs 3,000 crore for expansion and sustainable mobility solutions, aligning with India’s EV vision. Source

India Business News: IndusInd Bank faced scrutiny for wrongly booking Rs 674 crore in interest income. The bank reversed the amount after a whistleblower complaint. Intern Source

The IMF board is meeting on Friday to review the financing facilities extended to Pakistan, where it will face stiff opposition from India for diversion of funds towards terror financing in the backdrop of the Pahalgam terror attack on April 22. Source

Pakistan Economy On Brink Of Collapse? Analysts say further increase in tensions with India could impair Pakistan’s access to external financing and strain forex reserves, apart from impacting progress on IMF programme. Source