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Rupee closes higher for the fifth consecutive trading session

New Delhi, June 18 -- The rupee closed higher for the fifth consecutive trading session, buoyed by the US and Iran signing an initial agreement to end the West Asia conflict. This softened crude oil p... Read More


SEBI proposes wider funding avenues, higher net worth requirement for margin trading brokers

New Delhi, June 18 -- SEBI on Thursday proposed a series of changes to the Margin Trading Facility (MTF) framework, including allowing brokers to raise funds through non-convertible debentures (NCDs),... Read More


Mistry's tenure as HDFC Bank's interim Part-time Chairman extended by 3 months

New Delhi, June 18 -- The search for a new part-time Chairman for HDFC Bank, India's largest private sector bank, just got longer. The bank's board, at its meeting held on Thursday, granted approval ... Read More


India dependence on imported thermal coal to remain firm

New Delhi, June 18 -- India's dependence on better quality thermal coal imports to remain firm in the range of 175-190 million tonne by 2030, supported by roughly 50 million tonne of demand from impor... Read More


SBI sets out digital, green growth path; Govt to earn Rs.8,800 crore dividend

New Delhi, June 18 -- State Bank of India (SBI) chairman CS Setty outlined a forward-looking strategy anchored in digital transformation, sustainability and customer-centric innovation at its 71st Ann... Read More


NAN GreenMet joins hands with Belgium-based Silox for battery recyling

New Delhi, June 18 -- NAN GreenMet, the advanced manufacturing platform founded by Navin Agarwal, Vice-Chairman of Vedanta, has formed a joint venture with Silox, the Belgium-headquartered global lead... Read More


Law Prep Tutorial offline business grows 2.5x in FY26 on rising classroom demand

New Delhi, June 18 -- Law Prep Tutorial, a leading legal education platform, has reported a 2.5x increase in its offline business in FY26, driven by rising demand for high-quality classroom-based prep... Read More


Attracting NRI inflows: RBI temporarily withdraws interest rate ceiling on fresh FCNR(B) deposits of 3-5 yr tenor

New Delhi, June 17 -- The Reserve Bank of India seems to be pulling out all the stops to ensure that banks are able to attract deposits from Non-Resident Indians (NRIs). It has temporarily withdrawn ... Read More


RBI conducts two VRR auctions to address liquidity tightness in banking system

New Delhi, June 17 -- The sharp decline in liquidity surplus in the banking system amid advance tax instalments and monthly GST payments prompted the Reserve Bank of India to conduct two variable rate... Read More


Telegram's Founder Pavel Durov accuses RCom of sabotaging access

New Delhi, June 17 -- Telegram's Founder Pavel Durov accused Reliance Communications of sabotaging access to the social media platform outside India hijacking internet traffic, shortly after the India... Read More