The government is planning to sell a stake worth $1–1.5 billion (Rs 8,800–13,200 crore) in Life Insurance Corporation of India (LIC) by the end of this year, people aware of the discussions told ET. The move is aimed at increasing the insurer’s public shareholding to 10% — the level required under Securities and Exchange Board…
In a move aimed at improving transparency and ease of fund transfers after a depositor’s death, the Reserve Bank of India (RBI) has notified the Banking Companies (Nomination) Rules, 2025 and Banking Laws (Amendment) Act, 2025. The new rules, effective November 1, 2025, make it mandatory for banks to clearly inform customers about the nomination…
The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even though the government shutdown is obscuring officials’ view of the economy. Source link
According to the Commission, the airline failed to provide adequate and accurate information about the availability of free seats. (AI image) Are airlines misleading you on availability of free seats? When booking an air ticket, be careful when you pay an extra amount for premium seats – free seats of your choice may be available….
A new production company wants to make as many video podcasts and newsletters as films and television shows. Source link
Fintech major Fiserv Inc saw its shares crash 44% on Wednesday, heading for their worst day ever after the company cut its full-year earnings guidance and announced a sweeping leadership overhaul, CNBC reported.“Our current performance is not where we want it to be nor where our stakeholders expect it to be,” Fiserv CEO Mike Lyons…
His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans. Source link
Apple became the third company in history to reach a $4 trillion market capitalisation, driven by soaring iPhone sales and renewed investor confidence — not by artificial intelligence. Shares of the Cupertino-based company have rallied more than 56% since April, adding about $1.4 trillion in value. Analysts say the comeback reflects not just a strong…
The administration often criticizes journalists, but the treatment of Shirish Dáte, a reporter for HuffPost, stands out. Source link
