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Rupee falls 16 paise to close at 95.24 against US dollar

India, Aug. 7 -- The rupee depreciated 16 paise to close at 95.24 (provisional) against the US dollar on Thursday, on slight gains in the US Dollar Index and a modest increase in US Treasury yields. ... Read More


PNB Housing eyes Rs 100 cr micro-loan book in FY27

India, Aug. 7 -- PNB Housing Finance expects its newly launched micro-housing loan business to reach around Rs 100 crore by the end of the current financial year as it expands deeper into the affordab... Read More


Power Grid shares drop 4% after Quarter 1 earnings

India, Aug. 7 -- Shares of State-owned Power Grid Corporation of India dropped 4 per cent on Thursday after it reported a slight year-on-year dip in consolidated net profit at Rs 3,598.42 crore in the... Read More


PM Modi's foreign visits cost Rs 74.5 crore this year, Govt tells Parliament

India, Aug. 7 -- The Centre on Thursday informed the Rajya Sabha that Prime Minister Narendra Modi's overseas visits this year have cost the exchequer nearly Rs 74.5 crore, while also stating that Ind... Read More


Green hydrogen needs a climate finance architecture

India, Aug. 7 -- India's National Green Hydrogen Mission (NGHM) aims to catalyse more than Rs 8 lakh crore (over US$100 billion) of investment while developing an annual production capacity of 5 milli... Read More


Meta faces second day of grilling

India, Aug. 7 -- The Union Government has sought clarifications from Meta's visiting global team regarding the company's adherence to the laws of the land, pursuant to summons issued in connection wit... Read More


CPI(M) alleges 'unpardonable disrespect' to body of flood rescuer Rajesh

India, Aug. 7 -- The opposition CPI(M) on Thursday accused the UDF government of showing "unpardonable disrespect" towards the body of swimming instructor R Rajesh. The party demanded stringent actio... Read More


'Red alert' issued for three Kerala districts as floodwaters recede

India, Aug. 7 -- The IMD on Thursday issued a 'red alert' for three districts in Kerala, forecasting extremely heavy rainfall and strong winds, even as floodwaters began receding in several affected a... Read More


rbi retains TATA SONS in upper layer nbfc list

Mumbai, Aug. 7 -- The Reserve Bank of India (RBI) on Thursday retained Tata Sons Pvt. Ltd in the upper layer of non-banking financial companies (NBFCs-UL) for FY27, leaving the Tata Group holding comp... Read More


Parliament passes bill authorising appropriation from Consolidated Fund for excess expenditure for 2022-23

New Delhi, Aug. 6 -- Parliament on Thursday passed the Appropriation (No. 3) Bill, 2026, which authorises the appropriation of money from the Consolidated Fund of India to regularise excess expenditur... Read More