- RBI Dividend Boost: The RBI’s Central Board of Directors approved a record dividend of Rs 2.11 lakh crore to the government for FY24.
- SpiceJet Refund Dispute: SpiceJet seeks a refund of Rs 450 crore from Kalanithi Maran and KAL Airways amid ongoing financial challenges.
- Adani Group Defends Coal Quality: Adani Group refutes claims of supplying low-grade coal, stating the allegations are “false and baseless”.
- Household Savings Rebound: Goldman Sachs reports that household savings in India may have rebounded to 6% of GDP in FY24.
- Byju’s Financial Scrutiny: A US court criticizes Byju’s director Riju Ravindran for failing to account for $553 million, leading to legal complications.
- Mamaearth’s Job Creation Plan: Mamaearth co-founder Ghazal Alagh announces plans to create millions of jobs over the next decade.
- PM Modi Praises Zomato CEO: PM Modi lauds Zomato CEO Deepinder Goyal’s entrepreneurial journey, highlighting the startup’s success story.
- FSSAI Clears Spice Brands: FSSAI finds no trace of ethylene oxide in samples of spices from MDH and Everest, clearing the brands of safety concerns.
- Ruchir Sharma’s Economic Insights: Economist Ruchir Sharma warns India not to take its growth for granted, noting lessons from other economies.
- SAP’s Restructuring Plan: SAP announces a cost-cutting plan affecting 8,000 jobs, aiming to streamline operations amid global economic challenges.
Sunita Williams: Returning Home After Eight Months on the ISS
NASA astronaut Sunita Williams, of Indian origin, is set to return to Earth on March 19, 2025, after spending eight months aboard the International Space Station (ISS). Her extended mission, alongside fellow astronaut Butch Wilmore, was due to technical issues with...