In a candid address at HSBC's financial inclusion event, RBI Deputy Governor M Rajeshwar Rao highlighted persistent issues in India’s microfinance sector, including over-indebtedness, exorbitant interest rates, and harsh recovery practices. Despite the sector’s pivotal role in advancing financial inclusion, pockets of high margins and exploitative lending continue to exist, raising concerns about borrower well-being and sectoral stability. Rao underscored the need for regulated entities to adopt responsible lending practices, enhance credit assessments, and avoid coercive recovery methods.

Hiranandani Communities has unveiled 'The Arena,' the first phase of its expansive residential development within Hiranandani Fortune City in Panvel. With approximately 600 housing units on offer, the company anticipates generating over Rs 1,100 crore in revenue from this phase alone. This milestone project underscores Panvel's emergence as a thriving residential hub, driven by robust infrastructure, employment opportunities, and increasing demand for integrated living spaces.

Blue Energy Motors has supplied eight liquefied natural gas (LNG) heavy-duty trucks to Inland World Logistics, marking the logistics firm’s inaugural move towards greener transportation. The handover took place at Blue Energy’s Chakan manufacturing facility in Pune. These LNG-powered vehicles boast zero compromise on payload or power, while delivering 30 percent lower carbon emissions and significantly reduced operating costs.

Vertex Group, a New York-headquartered outsourcing solutions provider, has unveiled an ambitious plan to quadruple its revenue from Rs. 250 crore to Rs. 1,000 crore over the next three years. This bold target will be pursued through a mix of organic growth, strategic acquisitions, international market expansion, and the deployment of cutting-edge AI technologies. The company aims to bolster its global presence, diversify its services, and create new revenue streams by introducing industry-specific events.

India is on track to surpass previous foodgrain production records during the 2025-26 kharif season, supported by forecasts of an above-normal monsoon and a nationwide agricultural campaign led by Agriculture Minister Shivraj Singh Chouhan. The minister emphasized the need for stringent laws to curb the sale of counterfeit pesticides and improve soil health management. The government’s ongoing outreach aims to address farmers’ challenges, refine agricultural policies, and enhance crop yields.

Global automotive supplier Tenneco has named Mahender Chhabra as the Chief Financial Officer of its India operations. Chhabra, who brings over 27 years of experience in global automotive and technology firms, will report to Tenneco India CEO Arvind Chandra. He is tasked with overseeing the financial strategy and performance of Tenneco's multiple business units in India, including Clean Air, Monroe Ride Solutions, Champion Ignition, and Powertrain.

EaseMyTrip.com, a leading online travel technology platform, has announced the launch of EMT Invest, a strategic investment arm focused on catalyzing the growth of profitable and high-potential businesses across diverse sectors. EMT Invest targets ventures with a minimum Profit Before Tax (PBT) of Rs. 5 crore, aiming to bolster their scalability by providing both capital and strategic support within EaseMyTrip’s robust digital ecosystem.

Television actress Dipika Kakar, renowned for her role in Sasural Simar Ka, is courageously confronting stage 2 cancer. Following the discovery of a sizable tumour in her liver, she underwent a complex 14-hour surgery that also involved the removal of her gall bladder and a portion of her liver. Her husband, actor Shoaib Ibrahim, has been providing heartfelt updates on her health and recovery progress, assuring fans that Dipika is stable and currently recuperating in the hospital. This article details the surgery, her current condition, and the medical outlook for her recovery.

Sony TV is set to launch the much-anticipated fourth season of the popular drama series “Bade Acche Lagte Hain” on June 16, 2025. Featuring acclaimed actors Harshad Chopda and Shivangi Joshi in lead roles, the show is generating significant buzz for its engaging narrative and emotional depth. Early promos hint at a storyline that resonates with the iconic themes of love and destiny, evoking nostalgia reminiscent of Bollywood’s classic “Kal Ho Naa Ho.” This fresh installment promises to captivate audiences with its blend of contemporary storytelling and heartfelt performances.

Union Home Minister Amit Shah emphatically predicted the NDA’s triumph in Tamil Nadu’s 2026 Assembly elections while launching a series of corruption allegations against the ruling DMK government. Speaking at a BJP Karyakarta Sammelan in Madurai, Shah highlighted scandals including the ₹4,600 crore sand mining case and the ₹39,775 crore TASMAC liquor scam, accusing the DMK of neglecting vulnerable populations and mismanaging public funds.