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Finance/Business

Finance/Business / Geopolitics / India

India well-equipped to handle global uncertainty from Iran war with strong policy buffers, says RBI Deputy Governor

May 6, 2026May 6, 2026 - by cmedia

IBNS-CMEDIA: Amid concerns over the economic fallout of the Iran War, including rising inflationary pressures due to supply-side disruptions, RBI Deputy Governor Poonam Gupta on Tuesday said India’s macro fundamentals …

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All Finances / Technology

India’s semiconductor push gains pace as Cabinet approves Rs 3,936 crore plan

May 6, 2026May 6, 2026 - by cmedia

IBNS-CMEDIA: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved two new semiconductor projects under the India Semiconductor Mission. These include the country’s first commercial Mini/Micro-LED display facility based on …

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All Finances

Sensex and Nifty rally as oil prices ease amid election results

May 5, 2026May 5, 2026 - by cmedia

IBNS-CMEDIA: Indian equity markets opened on a positive note after the long weekend, with benchmark indices Sensex and Nifty trading firmly in the green amid the ongoing counting of Assembly election votes …

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All Finances

Spirit Airlines shuts down after 34 years in business amid fuel price hike

May 3, 2026May 3, 2026 - by cmedia

IBNS-CMEDIA: Spirit Airlines, the ultra-low-cost carrier known for offering some of the cheapest airfares in exchange for limited onboard services, has announced it is shutting down operations after 34 years in business. …

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All Finances

Cognizant Technology Solutions with its focus on AI to cut 4,000 jobs

May 2, 2026May 2, 2026 - by cmedia

IBNS-CMEDIA: Cognizant Technology Solutions is reportedly planning to cut around 4,000 jobs—approximately 1% of its global workforce—as it sharpens its focus on artificial intelligence and digital capabilities. According to a …

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All Finances

India Post Payments Bank introduces SHG savings account with no charges for rural women

May 2, 2026May 2, 2026 - by cmedia

IBNS-CMEDIA: India Post Payments Bank (IPPB), a Government of India-owned entity under the Department of Posts, Ministry of Communications, on Thursday announced the launch of its Self Help Group (SHG) Savings …

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Finance/Business / India

More than $4.31 billion in bilateral trade puts India as Kenya’s key trading partner

April 30, 2026April 30, 2026 - by cmedia

IBNS-CMEDIA: The 10th Session of the India–Kenya Joint Trade Committee (JTC) was held on April 27 – 28,, in Nairobi, Kenya, to review and strengthen bilateral trade and economic cooperation …

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All Finances

Visakhapatnam Emerging as an AI Hub with USD 15 billion Google Cloud launch

April 28, 2026April 28, 2026 - by cmedia

IBNS-CMEDIA: Union Minister for Electronics and Information Technology, Railways, and Information and Broadcasting Ashwini Vaishnaw said India is poised to emerge as a major trusted value chain and supply chain …

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All Finances

Oracle faces up to 30,000 job cuts in AI overhaul, veterans hit hardest

April 28, 2026April 28, 2026 - by cmedia

IBNS-CMEDIA: In one of its largest workforce reductions in years, Oracle has laid off an estimated 20,000 to 30,000 employees globally, underscoring a deep shift toward an AI-first business model …

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All Finances

Sun Pharma to acquire all outstanding shares of Organon

April 27, 2026April 27, 2026 - by cmedia

IBNS-CMEDIA: Sun Pharmaceutical Industries Limited and Organon & Co. on Monday announced that they have entered into a definitive agreement under which Sun Pharma will acquire all outstanding shares of Organon …

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