Shares of Life Insurance Corporation rose over 8 per cent after its net profit for the January-March quarter of 2024-25 (Q4FY25) grew 38 per cent year-on-year (Y-o-Y).

LIC's stock rose as much as 8.81 per cent during the day to ₹948 per share, the best intraday gain since November 24, 2023. The stock pared gains to trade 7.6 per cent higher at ₹934 apiece, compared to a 0.33 per cent decline in Nifty50 as of 10:16 AM.

US Health Secretary Robert F. Kennedy Jr. on Tuesday announced that Covid-19 vaccines are no longer recommended for healthy children and pregnant women.

In a 58-second video posted on the social media site X, Kennedy said he removed Covid-19 shots from Centers for Disease Control and Prevention's recommendations for those groups.

The Trump administration is considering requiring all international students applying to study in the US to undergo social media screening, a major expansion of earlier efforts, according to a Politico report.

To prepare for this new requirement, the administration has directed US embassies and consular offices to halt scheduling new interviews for student visa applicants, according to the report.

Amazon is reportedly preparing to enter the foldable laptop market, joining the ranks of Asus, Lenovo, and Huawei. Reportedly, the maiden foldable laptop from the ecommerce giant will feature an 18-inch display, designed to fold into a form factor similar to that of a 13-inch laptop. Supply chain analyst Ming-Chi Kuo suggests that Amazon’s foldable laptop could make its market debut by late 2026 or early 2027.

JioBlackRock Asset Management Private Limited, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and global investment giant BlackRock, has secured regulatory approval from the Securities and Exchange Board of India (Sebi) to begin operations as an investment manager for mutual fund products in India.

The new asset management company aims to combine JFSL’s digital innovation and local market knowledge with BlackRock’s global investment expertise and advanced risk management technology.

Bengaluru is among the top 12 global technology hubs with a tech workforce in the IT city crossing the 1 million mark, according to CBRE.

Real estate consultant CBRE has released a report, 'Global Tech Talent Guidebook 2025', which highlights global tech talent dynamics across 115 markets.

InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources.

Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.

India will restore benefits under a key scheme that reimburses exporters for embedded duties, taxes, and levies not covered by any other government refund programme in an effort to boost export competitiveness, the trade ministry said on Tuesday.

The benefits under the Remission of Duties and Taxes on Exported Products were introduced on January 1, 2021, but ended on February 5 this year.

Mumbai woke up to drizzle on Tuesday as the southwest monsoon arrived early this year, marking the second consecutive wet morning for the financial capital.

According to India Meteorological Department (IMD), rain is likely to pick up through the day, and a red alert is in place for extremely heavy rainfall at isolated spots.

India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said.

The Reserve Bank of India (RBI) has asked the federal government to allow domestic banks and their foreign branches to lend Indian rupees to overseas borrowers to enhance the use and acceptability of the local currency in trade.

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