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Yasha Mudgal reviews functioning of Urban Cooperative Bank Anantnag

Jammu, May 27 -- Yasha Mudgal on Tuesday chaired a meeting to review the operational performance and financial functioning of The Urban Cooperative Bank Limited Anantnag and stressed the need for fina... Read More


Indonesia sees no need to recalculate budget despite rupiah weakness

Jakarta, May 27 -- Finance Minister Purbaya Yudhi Sadewa said that the government does not need to recalculate the state budget despite the rupiah weakening to around 17,800 per U.S. dollar. Speaking... Read More


Kernex Microsystems gains after winning Rs 475 crore kavach order from CLW

Mumbai, May 27 -- The contract involves the supply, installation, testing and commissioning of onboard Kavach locomotive equipment in accordance with RDSO Specification No. RDSO/SPN/196/2020 Version 4... Read More


Why enterprises are rebuilding quality assurance with AI-powered automation

India, May 27 -- Enterprise software delivery doesn't work in predictable cycles anymore. Quality Assurance (QA) models built for slower release cycles are struggling to keep pace with modern enterpri... Read More


IRCTC slides as Q4 PAT decline 9% YoY to Rs 326 cr

Mumbai, May 27 -- However, revenue from operations rose 15.07% YoY to Rs 1,459.71 crore in Q4 FY26 from Q4 FY25. Profit before tax (PBT) stood at Rs 446.66 crore, down 5.42% YoY. Total expenses rose... Read More


Central Bank government OFS gets fully subscribed

Mumbai, May 27 -- The government had set a floor price of Rs 31 per share for the OFS. The OFS opened for non-retail investors on 22 May 2026 and for retail investors on 25 May 2026. The base offer c... Read More


Global Volatility Clouds Outlook, but Accrual Opportunities Emerge in Indian Debt Markets

India, May 27 -- Global financial markets are witnessing volatility. With crude oil prices putting pressure on the rupee and global interest rate trajectories remaining uncertain, bond yields have sho... Read More


RBI imposes monetary penalty on The Jalore Central Co-operative Bank Limited, Rajasthan

India, May 27 -- The Reserve Bank of India (RBI) has, by an order dated May 22, 2026, imposed a monetary penalty of Rs. 2 lakh (Rupees Two Lakh only) on The Jalore Central Co-operative Bank Limited, R... Read More


RBI imposes monetary penalty on Shree Laxmi Co-operative Bank Ltd., Pune

India, May 27 -- The Reserve Bank of India (RBI) has, by an order dated May 22, 2026, imposed a monetary penalty of Rs. 2 lakh (Rupees Two Lakh only) on Shree Laxmi Co-operative Bank Ltd., Pune (the b... Read More


RBI imposes monetary penalty on The Lunawada People's Co-operative Bank Ltd., Dist. Mahisagar, Gujarat

India, May 27 -- The Reserve Bank of India (RBl) has, by an order dated May 22, 2026, imposed a monetary penalty of Rs. 2 lakh (Rupees Two Lakh only) on The Lunawada People's Co-operative Bank Ltd., D... Read More