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RBI releases second NBFC upper layer list

New Delhi, Aug. 6 -- The Reserve Bank of India's second list of non-banking finance companies (NBFCs) in the upper layer (UL) under scale-based regulation framework has 17 entities, one more than the ... Read More


Tamil Nadu seeks public suggestions to boost State revenues

New Delhi, Aug. 6 -- The Finance department of the Government of Tamil Nadu has invited views and suggestions to augment the State's Own Tax and Non-Tax revenues, and to improve revenue buoyancy, effi... Read More


Reliance Power Q1 PAT jumps 44% to Rs.65 cr; flags CBI, ED probes & subsidiary debt challenges

New Delhi, Aug. 6 -- Anil Ambani-led Reliance Power reported a 44 per cent year-on-year increase in consolidated net profit to Rs.65 crore for the quarter ended June 30, 2026, helped by steady operati... Read More


SDHI bags export orders worth up to Rs.750 crore from Denmark's Svitzer for 4 tugs

New Delhi, Aug. 6 -- Swan Defence and Heavy Industries Ltd (SDHI) has secured an export contract worth up to Rs.750 crore from Denmark-based towage operator Svitzer A/S to build four advanced TRAnsver... Read More


MDR applies only on merchants, not on end users: FM

New Delhi, Aug. 6 -- Finance Minister Nirmala Sitharaman on Thursday said that merchant discount rate (MDR) is applied only on merchants and not on end users. However, she clarified that no decision y... Read More


Volume growth, e-commerce boost lift Britannia's Q1 profit 14% at Rs.593 cr despite cost headwinds

New Delhi, Aug. 6 -- Biscuit-maker Britannia Industries posted a 14 per cent year-on-year rise in first-quarter net profit to Rs.593 crore, aided by healthy volume growth, market share gains and stron... Read More


TN chief minister Vijay urges PM Modi to expedite work on linking Godavari-Cauvery-Gundar rivers

New Delhi, Aug. 6 -- Tamil Nadu Chief Minister C Joseph Vijay has urged Prime Minister Narendra Modi for speedy implementation of the Godavari-Cauvery-Gundar link project. This may be given the status... Read More


Trent Q1 net profit rises 22% to Rs.518 crore as Zudio, Westside expansion drives growth

New Delhi, Aug. 6 -- Trent, the retail arm of the Tata Group, reported that its net profit in the June quarter rose 22 per cent to Rs.518 crore from Rs.425 crore in the same period last year. Revenue... Read More


TNAU forecasts brinjal farm-gate price at Rs.37-38/kg

New Delhi, Aug. 6 -- The Tamil Nadu Agricultural University (TNAU) has projected farm-gate prices of Rs.37-38 per kg for good-quality brinjal during the upcoming harvest season and advised farmers to ... Read More


Crude oil futures fall on reports of Iran-Oman deal for Hormuz reopening

New Delhi, Aug. 6 -- Crude oil futures traded lower on Thursday morning following reports that Iran and Oman would enter into an agreement for the partial reopening of the Strait of Hormuz. At 9.34 a... Read More