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Indian banks can extend loans to non-residents, issue SBLC in favour of overseas lenders: RBI FAQs on FCNR (B) deposits

New Delhi, June 23 -- The observations come in the central bank's frequently asked questions (FAQs) on swap facility for FCNR (B)/ foreign currency non-resident (bank) deposits, external commercial bo... Read More


MNRE opens one-month window for provisional commissioning of solar projects awaiting ALMM clearance

New Delhi, June 23 -- The Ministry of New and Renewable Energy (MNRE) has provided temporary relief to solar projects caught in regulatory uncertainty over the Approved List of Models and Manufacturer... Read More


Ola Electric secures BIS Certification for LFP 46100 cell

New Delhi, June 23 -- Ola Electric Mobility has officially announced that its wholly-owned subsidiary, Ola Cell Technologies, has secured Bureau of Indian Standards (BIS) certification for its indigen... Read More


Promoter co sells Vedanta shares worth Rs.2,149 crore

New Delhi, June 23 -- Twin Star Holdings, the Vedanta Group's promoter group company, has sold about 73 million shares in Vedanta Ltd for Rs.2,149 crore in a block deal on Tuesday. The shares were so... Read More


Nafed to auction oilseeds, pulses through own platform, NCCF to follow suit

New Delhi, June 23 -- Union Cooperation Minister Amit Shah on Tuesday asked the National Agricultural Cooperative Marketing Federation (Nafed) and the National Cooperative Consumers' Federation (NCCF)... Read More


Hilton launches Spark brand in Asia Pacific with two India openings

New Delhi, June 23 -- Hotel chain player Hilton has launched its premium economy brand, Spark by Hilton, in the Asia Pacific region with the opening of its first two Indian properties in Bengaluru and... Read More


India needs a stronger reform push to attract investment: CII chief

New Delhi, June 23 -- "Strategic considerations should sometimes take precedence over short-term market economics," says CII President R Mukundan, arguing for a stronger focus on domestic resource sec... Read More


Mitigata raises $15 million to scale AI-Native cyber security infrastructure

New Delhi, June 23 -- Mitigata, an AI-native full-stack cyber resilience platform, has raised $15 million in a Series B funding round. The investment was led by Bessemer Venture Partners, with continu... Read More


UPERC recognises GST cut on renewable energy equipment as 'Change in Law' event

New Delhi, June 23 -- The Uttar Pradesh Electricity Regulatory Commission (UPERC) has ruled that the reduction in GST on renewable energy equipment from 12% to 5% will be treated as a "Change in Law" ... Read More


FCRA Rules 2026: Centre restricts foreigners in key NGO roles, mandates strict fund tracking to prevent misuse

New Delhi, June 23 -- The Centre has notified the amended Foreign Contribution (Regulation) Amendment Rules, 2026, introducing more compliances to restrict engagement of foreigners, except of Indian o... Read More