RAI Financial News

28.02 / 16:13

markets Software Adventure Marvell RAI Features Kingda Ka demolished: World’s fastest roller coaster at Six Flags in New Jersey meets its end

Kingda Ka roller coaster at Six Flags Great Adventure was brought down in a controlled implosion early on February 28. Some were caught off guard as the demolition, originally scheduled for later in the morning, was carried out earlier than expected. Local authorities warned residents about the noise and advised them to keep pets indoors. Since its debut in 2005, Kingda Ka had been a record-breaking marvel, launching riders to 128 mph in just 3.5 seconds and towering 456 feet above the ground.

28.02 / 15:21

markets RAI International athletics Over 200 defective Paris Olympics and Paralympics medals to be replaced

Athletes have complained that their medals have become tarnished or chipped, sometimes within weeks of the Games ending last year. «The French Mint (Monnaie de Paris) has replaced some of them and is continuing its replacement operation at the request of the athletes,» it said in a statement.

28.02 / 15:21

markets Racing Software RAI performer country GenAI to be India’s next job creator, boost productivity: Tata Sons’ Chandrasekaran

«Contrary to all the apprehensions, I firmly believe GenAI adoption wholeheartedly will serve as the next job creator for India. Let's acknowledge the reality… In most situations, GenAI will assist a low-skilled person to perform at a different level of productivity. It will enhance the productivity very significantly,» he said at the Mumbai Tech Week. Chandrasekaran noted that traditional business advantages are becoming less relevant, and India must focus on building AI capabilities rather than merely consuming such technologies.

28.02 / 15:21

markets Digital Software Experts RAI Schools Ramadan 2025: No crescent moon in sight on Friday, Islamic scholars say first Roza to be observed on this day

Imam of Delhi's historic Jama Masjid announced that Muslims will observe their first roza (fast) on Sunday, March 2, following the moon sighting expected on Saturday evening. As per Islamic tradition, the official start of Ramadan is determined by the sighting of the crescent moon. Since the moon was not visible on Friday, Ramadan will begin Saturday evening with the moon's appearance, which will mark the first day of fasting on Sunday.

28.02 / 15:21

markets Digital Software Experts RAI Schools Emmanuel Macron says EU plans 'reciprocal' tariffs on US steel, aluminium

If the tariffs are confirmed, «Europeans will respond and therefore there will be reciprocal tariffs. Because we must protect ourselves, defend ourselves,» Macron said in Porto during a state visit to Portugal. «We must not be weak in the face of these measures,» he said alongside Portuguese Prime Minister Luis Montenegro.

28.02 / 15:01

markets UPS economy RAI Inside reports Is it a ticking time bomb? Ray Dalio says skyrocketing U.S. debt could cripple the economy and threaten markets and the dollar

28.02 / 15:01

markets UPS Aviat Software RAI Traffic Elon Musk urges retired air traffic controllers to return as staffing crisis worsens

Elon Musk has urged retired air traffic controllers to consider returning to work, highlighting a critical staffing shortage putting pressure on the aviation industry. His appeal follows growing concerns over air safety after a deadly midair collision at Reagan National Airport and several close calls at other US airports. But federal regulations impose strict age limits, making it difficult for many retired controllers to return to their positions.

28.02 / 14:51

markets Digital Software Food RAI Bank lending growth slows to 11% in January, retail loans hit

Bank lending slowed year-on-year to 11 % in January this year compared to 20 % a year ago. Loan growth has slowed across sector. Lending slowed across sectors- retail, services and agriculture in January. But lending to large industry rose 6.4 % compared to 5.7 % a year ago and medium firms rose 18.5 % compared to 10 % a year ago. Even loan against gold jewellery which is a part of banks' retail portfolio continued to spiral and rose 77 % y-o-y compared to 17 % a year ago. Non- food credit rose 12.5 % (a three-month high) as compared to 16.2 % for the corresponding fortnight of the previous year (January 26, 2024).

28.02 / 14:51

markets Ball Action Align Netflix RAI country Dragon Ball Daima Finale: Release date, time, where to watch online, and what to expect

Dragon Ball Daima finale is here! Fans worldwide are eager to witness the conclusion of this epic anime series, which serves as the last project from legendary creator Akira Toriyama. If you don’t want to miss a second of the action, here’s everything you need to know about when and where to watch the final episode.

28.02 / 14:51

markets Digital Software Election Experts RAI German election winner Merz starts talks on forming govt

«Both sides have to make concessions,» said Manuela Schwesig of Chancellor Olaf Scholz's SPD as the exploratory talks began in Berlin. «Everyone has to pull together and make an effort,» added Schwesig, state premier of Mecklenburg-Western Pomerania.

28.02 / 12:49

markets CEO Software RAI country International RuPay accounts for 16% of credit card spending, with half driven by UPI: NPCI's Dilip Asbe

UPI), Dilip Asbe, managing director and CEO of National Payments Corporation of India (NPCI), said on Friday. Speaking to journalists at the Mumbai Tech Week, Asbe noted that over 30 banks currently issue RuPay credit cards in the country. «About 16% of total credit card spends are happening on Rupay now, and about 50% of that is happening on UPI,» he said.

28.02 / 08:45

markets Booking RAI BABA performer Destinations Char Dham Yatra 2025 dates announced: Check opening and registration dates for Kedarnath, Badrinath, Gangotri, and Yamunotri

28.02 / 08:45

markets Provident Mobile Photos RAI information Updates These PNB bank account holders won’t be able to operate savings accounts if they don’t do this soon

Punjab National Bank (PNB) has urged select account holders to update their «Know Your Customer» (KYC) information, in accordance with RBI norms. It asked them to complete the KYC before the specified date to ensure seamless account operations.

28.02 / 08:45

markets Digital Software Research Experts RAI Airtel’s free cash flows to grow to Rs 36,100 cr by FY26, Jio’s to Rs 36,900 cr: Analysts

Bharti Airtel’s India business is set to see its free cash flows (FCF) grow to around Rs 36,100 crore by FY26 while Reliance Jio’s is slated to rise to Rs 36,900 crore on the back of expected further tariff hikes, network capex normalisation and strong average revenue per user (ARPU) growth, said analysts.

28.02 / 08:45

markets RAI Justice social information Courts Relationships Uttarakhand HC asks if state can seek fresh suggestions on UCC over live-in relationships

Uttarakhand High Court has asked the state government whether it can invite suggestions afresh on the Uniform Civil Code (UCC) and consider making amendments wherever necessary. A division bench of the high court comprising senior Justices Manoj Tiwari and Ashish Naithani posed the query on Thursday to Solicitor General Tushar Mehta while hearing two new petitions challenging the UCC's provisions regarding live-in relationships.

28.02 / 08:15

markets economy Trade President RAI country China's Xi says economy 'faces numerous difficulties' ahead of major meeting

Xi Jinping has admitted the country's economy still faces «numerous difficulties» in an article set to be published this week ahead of a major political meeting in Beijing, state media said Friday.

28.02 / 08:15

markets Digital Software RAI Justice Courts Going ahead with implementation of Ayushman Bharat scheme: Delhi Govt to SC

Delhi government on Friday told the Supreme Court that it was going ahead with the implementation of the PM-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM) scheme in the national capital. The submission was made before a bench of Justices B R Gavai and P K Mishra.

28.02 / 08:15

markets UPS Target Software RAI Interviews HDFC Bank to grow loan securitisation business over next few years, CFO says

HDFC Bank, India's largest private lender by assets, will grow its loan securitisation business over the next few years to meet rising investor demand, the bank's chief financial officer said.

28.02 / 07:51

markets UPS Nov Cardiovascular RAI track Taking charge of diabetes and heart health

28.02 / 07:51

markets economy pandemic RAI country reports India needs 7.8% growth to become high income, World Bank says

World Bank report.

28.02 / 07:51

markets UPS wellness Trade RAI Colleges PM Modi, European Commission chief Von der Leyen hold talks

Ursula von der Leyen, focusing on imparting fresh momentum to the India-European Union (EU) strategic partnership. The two sides are expected to take stock of the ongoing negotiations to firm up an ambitious trade deal as well as explore ways to boost trade and investment ties.

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