As the Reserve Bank of India (RBI) concludes its three-day policy meeting, real estate industry leaders are anticipating a potential reduction in the repo rate, which could significantly impact housing demand. Realtors’ apex bodies, CREDAI and Naredco, are hopeful for at least a 25 basis points cut, with expectations for a 50 basis point reduction. This move could lower borrowing costs, stimulate housing demand, and boost the overall economy.

Apollo Green Energy has posted impressive financial results for the fiscal year 2024-25, reporting a net profit of Rs 44.36 crore, marking a substantial growth from Rs 29.57 crore in the previous year. Revenue also saw a significant rise, from Rs 726.16 crore in 2023-24 to Rs 1,171 crore. The company remains bullish about its future prospects, with plans to expand its solar energy capacity and secure an EPC order book of 1 GW by 2026. Apollo Green Energy has also recommended a 15% dividend for shareholders, reflecting strong financial health and confidence in its growth trajectory.

In a significant legal battle, Riju Ravindran, co-founder and former promoter of Byju’s, has petitioned the National Company Law Tribunal (NCLT) to remove GLAS Trust Company LLC from its role as a financial creditor representing the edtech firm in its ongoing insolvency proceedings. Ravindran has accused GLAS Trust of fraudulently presenting itself as a legitimate creditor with the authority to represent a substantial portion of Byju’s debt, despite holding voting rights for only a fraction of the creditors.

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is set to make a crucial decision regarding the country's interest rate, with expectations high for either a 25 basis point (bps) or a more aggressive 50 bps cut. The decision comes as the economy faces external uncertainties, notably from U.S. tariff policies. Analysts predict a rate reduction could stimulate growth, particularly for MSMEs and rural credit flows. However, despite improved growth, challenges such as weak private capital expenditure and subdued manufacturing persist.

Cipla, the renowned pharmaceutical company, has been awarded a water positive certification by Bureau Veritas for its India operations, signaling a significant milestone in its sustainability journey. The certification reflects Cipla’s commitment to responsible water usage, with 67% of its domestic manufacturing units adopting Zero Liquid Discharge (ZLD) systems. Additionally, the company has reduced its overall water withdrawal by 13.1% compared to FY 2019-20, with half of the withdrawn water being recycled and reused.

Apple India has signed a lease for 12,616 square feet of retail space in Mumbai’s Sky City Mall, signaling an ongoing commitment to the Indian market. The tech giant has secured the space for a 10-year lease period, with a starting rent of Rs 17.35 lakh per month. This expansion follows the launch of its first two official stores in India in 2023, in New Delhi and Mumbai, and is part of Apple’s broader strategy to increase its retail presence and manufacturing capacity in India.

Commerce and Industry Minister Piyush Goyal on Thursday raised an urgent concern over the concentration of critical minerals and their supply chains in a limited number of geographies, warning that this imbalance could harm global economic growth. He emphasized the need for countries like India and Italy to collaborate more closely in securing a diversified and sustainable supply of minerals, which are vital for clean energy technologies. The minister also highlighted India’s efforts to foster innovation in critical mineral processing and reduce dependency on a few key sources.

India’s Gas Index (GIXI) for May 2025 saw a 19% year-on-year increase, reaching Rs. 1,016 (USD 11.9) per million British thermal unit (mmBtu), reflecting rising international gas prices. Despite the price hike, month-on-month figures dropped by 5% due to lower domestic demand and increased supply, notably from the power sector. The Indian Gas Exchange (IGX) reported a 5% decline in trade volume, largely driven by a shortfall in expected power sector demand.

Flipkart, the Walmart-backed e-commerce giant, has officially received a lending license from the Reserve Bank of India (RBI), confirming a significant shift in its business model. The license, granted in March, enables the company to venture into financial services, particularly offering loans directly to its customers, which could include options for purchases through instalments or EMIs. This strategic move is poised to complement Flipkart’s growing e-commerce platform, further aligning its operations with the Government of India's vision for digital transformation.

In a significant step towards revolutionizing cancer care in India, the Tata Memorial Centre (TMC) has announced a strategic partnership with GE HealthCare Technologies Inc. The collaboration is aimed at establishing a Cancer Research & Innovation Centre, with a focus on enhancing clinical research, academic engagement, and personalized cancer care.