The Centre and Karnataka government have partnered to compensate mango farmers for losses due to a sharp decline in market prices. This joint effort, finalized in a meeting between Union Agriculture Minister Shivraj Singh Chouhan and Karnataka Agriculture Minister N Chaluvaraya Swamy, will cover up to 2.5 lakh tonnes of mangoes.

Refunds, advance tax dip: Net direct mop-up down 1.4% to Rs 4.6L crore
https://timesofindia.indiatimes.com/business/india-business/refunds-advance-tax-dip-net-direct-mop-up-down-1-4-to-rs-4-6l-crore/articleshow/121999324.cms

Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing at a muted 3.9%, signaling potential concerns about corporate profit growth. Net direct tax collections dipped slightly due to a significant surge in refunds, reflecting the finance minister's push for quicker disbursal.

FedEx founder Frederick W Smith dies at 80; CEO Raj Subramaniam issues statement
https://timesofindia.indiatimes.com/business/international-business/heart-and-soul-of-fedex-founder-frederick-w-smith-dies-at-80-ceo-raj-subramaniam-issues-statement/articleshow/122002080.cms

Frederick W. Smith, the founder of FedEx, passed away at 80, leaving behind a transformative legacy in the logistics industry. Smith's innovative concept of overnight delivery revolutionized global commerce, establishing FedEx as a recognizable brand. His vision, born from a college term paper, overcame initial skepticism to reshape air cargo delivery and foster international trade.

Top Nuclear Power Countries: Which Countries In The World Have Nuclear Weapons? India Beats Pakistan, But Where Do US, Russia, China & Israel Rank? Check List
https://timesofindia.indiatimes.com/business/india-business/top-nuclear-power-countries-which-countries-in-the-world-have-nuclear-weapons-india-beats-pakistan-but-where-do-us-russia-china-amp-israel-rank-check-list/photostory/122002229.cms

Ticketing blunder: Spicejet slapped with Rs 30,000 penalty over rerouting error
https://timesofindia.indiatimes.com/business/india-business/ticketing-blunder-spicejet-slapped-with-rs-30000-penalty-over-rerouting-error-senior-citizen-compensated-for-mental-harassment/articleshow/122002753.cms

SpiceJet has been ordered by a Mumbai consumer commission to compensate a senior citizen with Rs 25,000 for mental distress and Rs 5,000 for legal costs, due to an incorrectly issued ticket during a rerouted journey in December 2020. Despite acknowledging the airline's efforts to reroute after a flight cancellation, the commission cited “deficient service and negligent behaviour.

Top-10 firms add Rs 1.62 lakh crore in market cap; Airtel, Reliance lead gains
https://timesofindia.indiatimes.com/business/india-business/market-rally-top-10-firms-add-rs-1-62-lakh-crore-in-market-cap-airtel-reliance-lead-gains/articleshow/122003105.cms

India's top companies experienced a significant market valuation surge last week, with Bharti Airtel and Reliance Industries leading the gains, contributing to a collective increase of Rs 1,62,288.06 crore. This positive trend aligned with a broader market rally, as the BSE Sensex climbed substantially.

Global tensions shake up Indian firms; hiring freezes, layoffs rise
https://timesofindia.indiatimes.com/business/india-business/job-market-stress-global-tensions-shake-up-indian-firms-hiring-freezes-layoffs-rise/articleshow/122003759.cms

Geopolitical unrest, particularly in the Middle East, is significantly impacting the Indian workplace. A recent survey reveals that over 63% of companies have frozen hiring or initiated downsizing. Consequently, many employees are experiencing affected appraisals and are actively seeking new skills or alternative job options amidst rising anxiety about their future.

India’s power push: Nearly half of India’s power capacity now non-fossil fuel-based
https://timesofindia.indiatimes.com/business/india-business/indias-power-push-nearly-half-of-indias-power-capacity-now-non-fossil-fuel-based-coal-remains-dominant/articleshow/122004290.cms