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RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

New Delhi, June 19 -- The Reserve Bank of India has now exempted banks from maintaining statutory reserve ratios on fresh Non-Resident (External) Rupee (NRE) term deposits of three years or more tenor... Read More


PM Modi announces 70 lakh jobs created under PM-VBRY; transfers Rs.2,400 cr DBT

New Delhi, June 19 -- Prime Minister Narendra Modi on Friday announced that 70 lakh jobs and social security benefits have been created for first-time employees under the Pradhan Mantri Viksit Bharat ... Read More


India-UK CETA to provide marginal relief for steel exporters

New Delhi, June 19 -- The higher quota for India through the free trade agreement provides marginal relief and help steel companies to widen their market presence as they will become more competitive ... Read More


Zerodha Capital loan book jumps past Rs.580 crore as profit rises

New Delhi, June 19 -- Zerodha Capital, the lending arm of stockbroking giant Zerodha, expanded its loan book sharply in FY26 while posting higher profits, reflecting the group's growing push into fina... Read More


PhonePe to charge Rs.100 quarterly fee on inactive wallet balances

New Delhi, June 19 -- Digital payments major PhonePe has begun notifying users that it will levy a quarterly "Wallet Inactivity Maintenance Fee" of Rs.100, including GST, on dormant wallet accounts th... Read More


Lack of industry-scale knowledge of extracting, processing critical minerals is biggest stumbling block, says Geological Survey of India

New Delhi, June 19 -- India's lack of industry-scale knowledge of extracting and processing critical minerals is the "biggest stumbling block" preventing the country from taking the lead in this space... Read More


AP banks pegs FY27 annual credit plan at Rs.8.10 lakh crore

New Delhi, June 19 -- The State Level Bankers Committee (SLBC) of Andhra Pradesh has pegged the annual credit plan for the year 2026-27 at Rs.8.10 lakh crore. Under the Annual Credit Plan, banks prop... Read More


Top Business & Market Headlines Today - BL Morning Report, June 19, 2026

New Delhi, June 19 -- From a delayed monsoon straining water supplies in Mumbai and Pune, to States competing for a space-tech investment, a rethink on Tamil Nadu's second airport, and fresh risk warn... Read More


Lavender cultivation expands as high-value agri enterprise in J&K

New Delhi, June 19 -- When Chief Minister Omar Abdullah inaugurated Jammu and Kashmir's first Lavender Festival in Ganderbal on Thursday, the hundreds of farmers who attended offered a glimpse of a qu... Read More


Myntra's EORS drives 1.3X growth in first-time shoppers, led by non-metros, D2C brands

New Delhi, June 19 -- Myntra's End of Reason Sale recorded 1.3X growth in first-time shoppers compared to last year's June edition, with non-metro markets driving 55 per cent of that demand. Emerging,... Read More