Business

Unified Pension Scheme: Jitendra Singh, the Minister of State for Personnel, says the new provision reflects government’s commitment to ensure social security for all categories of employees under NPS. Employees Now Eligible For Retirement, Death Gratuity Benefits, Says Minister Source

India Business News: India has proposed retaliatory tariffs against the United States under WTO regulations, responding to American duties on steel and aluminium imposed a Source

It makes Nvidia the latest tech company to back Trump’s tariff-induced push for local manufacturing Source

Sebi’s board approves proposals including mandatory demat for select IPO shareholders, easier norms for FPIs investing in bonds, and discussed settlement scheme for NSEL brokers. Source

India Business News: State Bank of India is planning a share sale worth Rs 25,000 crore to institutional investors, potentially starting next week. If fully subscribed, it Source

Third Wave Coffee is targeting company-level profitability in FY26, with a focus on innovation, affordability, and measured expansion. “Our focus and aspiration is to become profitable at the company level this financial year,” said Co-Founder Anirudh Sharma. The brand, which operates 165 stores across 12 cities, recently launched a bubble tea line called Bobbles to…

US Fed Meeting Outcome June 2025: Jerome Powell-led FOMC keeps its key interest rates unchanged at 4.25%-4.50% for the fourth time in a row, in line with the market expectations. Source

Financial Literacy News: The government has granted tax benefits to bonds issued by the Indian Renewable Energy Development Agency. Investors can now claim capital gains tax e Source

Mercedes Benz India plans to hike prices by 1-1.5% from September due to a weak rupee against the euro, says MD and CEO Santosh Iyer. Source

Donald Trump said, ahead of the Federal Open Market Committee’s (FOMC) policy announcement, “We have a stupid person at the Fed.” Source