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Euphoria over FCNR (B) deposits misplaced

New Delhi, June 19 -- Banks are visibly euphoric about mobilization of FCNR (B) deposits following the RBI decision that it will bear the full hedging cost till September 30, 2026 to banks for raising... Read More


Regulating tech platforms

New Delhi, June 19 -- One of the most consequential developments in Indian finance today is Reserve Bank of India's growing examination of whether large digital platforms, e-commerce ecosystems, and e... Read More


Defence Ministry inks deal with Bharat Forge for 12 generators worth Rs.425 crore

New Delhi, June 19 -- The Ministry of Defence on Friday signed a contract with Bharat Forge Limited for the acquisition of 12 sets of 1.25 MW Marine Gas Turbine Generators, with minimum 60 per cent in... Read More


Volkswagen Taigun: On Its Own Terms

New Delhi, June 19 -- The segment the Taigun competes in has changed considerably in five years. Almost every manufacturer has a car here and those who don't are working one getting one in. Every car ... Read More


Bullet 650: The Highest Caliber

New Delhi, June 19 -- The Bullet has been the most significant brand/format for Royal Enfield over its 125-year-old history. That fact is all the more emphatic in the Indian context; the Bullet name f... Read More


Bay system may open two-week rain window across Central India

New Delhi, June 19 -- The monsoon is poised for a fresh advance next week, with the India Meteorological Department (IMD) indicating favourable conditions for its further progression into parts of Mah... Read More


Sensex, Nifty snap 5-day rally amid IT sell-off, global uncertainties

New Delhi, June 19 -- Benchmark equity indices ended lower on Friday, snapping a five-session winning streak, as a sharp sell-off in information technology stocks weighed on investor sentiment. The de... Read More


Isha Ambani sets Rs.1 lakh-crore business target as Reliance Consumer Products takes on HUL, ITC and Nestle

New Delhi, June 19 -- Isha Ambani on Friday unveiled an ambition to build Reliance Consumer Products Ltd (RCPL) into a Rs.1 lakh crore business by FY30, backed by plans to invest Rs.30,000 crore in in... Read More


Craftsman Automation raises Rs.2,000 crore through QIP; HDFC Flexi Cap Fund emerges largest allottee

New Delhi, June 19 -- Coimbatore-based Craftsman Automation Ltd, manufacturer of aluminium casting products & powertrain components in the automotive & industrial engineering sectors, has rais... Read More


First urea vessel for India has started via Hormuz, to reach the east coast in 7-9 days

New Delhi, June 19 -- Out of 16 stranded vessels with fertilisers since the war in West Asia began in February, one urea vessel has started sailing via Strait of Hormuz and is expected to reach a port... Read More