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RBI invites public comments on Draft Capital Adequacy Amendment Directions 2026

India, May 20 -- Reserve Bank of India has invited public comments on the draft "Reserve Bank of India (Capital Adequacy) Amendment Directions, 2026" aimed at aligning disclosure norms more closely wi... Read More


RBI to conduct 5-day VRR auction worth Rs 1.5 lakh crore on May 20

India, May 20 -- Reserve Bank of India has announced that it will conduct a 5-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Wednesday, May 20, 2026, after revie... Read More


Rupee hits fresh record low against US Dollar in early trade

India, May 20 -- The Indian rupee weakened further on Wednesday, falling 20 paise to a fresh all-time low of 96.90 against the US dollar in early trade amid persistent strength in the dollar and eleva... Read More


Mahindra EPC Irrigation secures Rs 3.3 cr Micro Irrigation Project Order

India, May 20 -- Mahindra EPC Irrigation Ltd has announced that it has received a new contract for the supply of Micro Irrigation Systems under a community micro irrigation project. The contract has ... Read More


EL Forge Q4 net profit zooms 125.45% at Rs 1.24 cr

India, May 20 -- The company reported standalone net profit of Rs 1.24 crore for the quarter ended March 31, 2026 as compared to Rs 0.55 crore in the same period last year, registering a year-on-year ... Read More


Welcast Steels Q4 net profit zooms 626.32% at Rs 1.38 cr

India, May 20 -- The company reported standalone net profit of Rs 1.38 crore for the quarter ended March 31, 2026 as compared to Rs 0.19 crore in the same period last year, registering a year-on-year ... Read More


DCM Shriram Ind. Q4 net profit down 32.87% at Rs 15.91 cr

India, May 20 -- The company reported standalone net profit of Rs 15.91 crore for the quarter ended March 31, 2026 as compared to Rs 23.70 crore in the same period last year, registering a year-on-yea... Read More


Somi Conveyor Beltin Q4 net profit down 34.44% at Rs 0.59 cr

India, May 20 -- The company reported standalone net profit of Rs 0.59 crore for the quarter ended March 31, 2026 as compared to Rs 0.90 crore in the same period last year, registering a year-on-year ... Read More


Avon Mercantile posts Q4 net profit of Rs 0.26 cr

India, May 20 -- The company reported standalone net profit during the quarter stood at Rs 0.26 crore compared to net loss of Rs 0.01 crore in the previous year quarter. Net revenue of the company ro... Read More


Vibhor Steel Tubes Q4 net profit down 42.12% at Rs 2.57 cr

India, May 20 -- The company reported standalone net profit of Rs 2.57 crore for the quarter ended March 31, 2026 as compared to Rs 4.44 crore in the same period last year, registering a year-on-year ... Read More