US Treasury Secretary Scott Bessent said on Sunday that President Donald Trump could speak "very soon" with Chinese President Xi Jinping to ease trade tensions. Trump had accused China of violating a recent deal, negotiated by Bessent, to lower high tariffs for 90 days. Earlier, US and China had slashed tariffs on each other by 115% for 90 days.

Air India CEO Campbell Wilson, when asked if airline would pass on additional costs incurred due to Pakistan’s airspace closure to passengers, said it does get passed on to them ultimately. “Whether there are fewer seats available and the remaining seats are under higher demand, or we just pass through the actual cost increase we incurred,” he said.

The under construction Bihta airport in Bihar, being developed at a cost of over ₹1,453 crore, is expected to be completed by 2027. The government has currently acquired nearly 126 acres of land for the project. Out of this 108 acres will be handed over to the Airport Authority of India (AAI) for runway and terminal building.

Air India is set to end its partnership with Turkish Technic, which provides maintenance for its Boeing 777 aircraft, NDTV reported. "We'll find alternatives. We want to respect public sentiment," CEO Campbell Wilson said. Centre has asked IndiGo to end its agreement with Turkish Airlines, days after a Turkish firm's contracts with Indian airports were revoked over national security concerns.

India's gross GST collection for May 2025 reached ₹2.01 lakh crore, marking a 16.4% increase from ₹1.72 lakh crore collected in May 2024. This comes after a record high GST collection in April, when the revenues touched an all-time high of ₹2.37 lakh crore. In May, gross revenues from domestic transactions rose 13.7% to about ₹1.50 lakh crore.

Tata Motors on Sunday reported an 8.5% year-on-year (YoY) drop in vehicle sales for May 2025 across domestic and international markets, continuing a trend of subdued performance in its core domestic business. In the domestic market, total sales fell by 10%, with 67,429 units sold in May 2025, compared to 75,173 units in May 2024.

Patna-based startup Milkvilla is transforming dairy delivery with app-controlled, Bluetooth-enabled dispensers mounted on autorickshaws. Operating in Patna, Muzaffarpur, and Bengaluru, it serves 6,000+ customers with chilled, farm-fresh Desi cow milk in reusable containers. By merging IoT with sustainability, Milkvilla offers a plastic-free, hygienic, and eco-friendly solution for urban India.

Builder.ai, the AI startup which recently filed for bankruptcy, faked business with Dailyhunt parent VerSe Innovation to falsely inflate sales, reported Bloomberg. From 2021-2024, the firms allegedly engaged in 'round-tripping', a practice where firms bill each other for similar amounts to create an illusion of legitimate revenue. The documents reveal $60 million in reciprocal payments.

Olectra Greentech reported a 39% profit rise in Q4 FY25, driven by strong EV bus deliveries and new battery tech. Yet, major setbacks like MSRTC's ₹10,000 crore contract cancellation and BEST’s delivery delays threaten momentum. Despite fresh orders from HRTC, Olectra's future hinges on resolving supply issues and fulfilling commitments in India’s fast-evolving electric mobility sector.

Bengaluru-based startup Vahan is revolutionizing blue-collar hiring in India by using WhatsApp and AI to connect over 25,000 jobseekers monthly to roles at firms like Zepto and BigBasket. Tailored for Bharat’s workforce, it bypasses resumes and apps, but faces scrutiny over job quality and worker welfare as it reshapes access to opportunity across India.