Page 24 - Press Trust Of India

Indian Bank aims to recover up to ₹5,500 crore from bad loan in FY27: MD

The state-run lender recovered ₹1,885 crore in the June quarter and aims to mobilise $2 billion in FCNR(B) deposits by September while strengthening its low-cost deposit base

Geopolitics, earnings, crude prices likely to drive markets this week

Besides, monsoon trend, inflation data and trading activity of foreign investors will also be closely watched by market participants

FPIs reverse 4-month selling trend with ₹15,157 crore inflow in July

Foreign investors turned net buyers of Indian equities this month, supported by improving macroeconomic indicators, a stable rupee and easing global risk concerns

House panel backs suspension, not removal, of PM, CMs held for 30 days

The parliamentary panel has proposed replacing automatic removal with suspension for the prime minister, chief ministers and ministers detained for 30 days in serious criminal cases

Gold, silver may stay volatile amid US-Iran tensions, inflation data

Analysts expect precious metals to remain volatile as investors assess the US-Iran conflict, crude oil prices and key inflation data that could influence global interest rate expectations

Simaero plans to add more simulators, tap local engineering talent in India

The French aviation training company plans to operate up to six simulators in India over five years and develop local expertise in simulator engineering and technology services

Airtel bets on financial services, data centres after ₹3.3 trn investment

Bharti Airtel has announced ₹20,000-crore investment in non-banking financial company Airtel Money while its data centre Nxtra recently raised $1 billion as part of its plan to build 1 GW capacity

Antibiotic resistance emerging as major threat to surgical care: Experts

Surgeons say that preventing infections now requires a comprehensive strategy extending well beyond antibiotics

Weak monsoon may lift soluble fertiliser demand, price remains a risk: SFAI

The industry body said input costs have surged due to China's export curbs and West Asia disruptions, while warning that sharply higher prices could discourage farmers from using soluble fertilisers

DLF Chairman Rajiv Singh's remuneration rises 20% to ₹44.06 crore in FY26

Rajiv Singh's remuneration rose to ₹44.06 cr in FY26, largely driven by commission, while DLF's managing directors also received higher pay as the realty major reported improved financial performance

India, Canada conclude third round of trade talks, eye deal by 2026

Negotiators discussed goods, services, intellectual property, rules of origin and other key issues, reaffirming their commitment to conclude the proposed CEPA by the end of 2026

Mcap of 4 of top-10 most valued firms jumps ₹92,995 cr; HDFC, Airtel lead

4 of India's 10 most-valued companies added nearly ₹93,000 cr in market capitalisation last week, led by HDFC Bank and Bharti Airtel, even as benchmark indices ended lower amid geopolitical tensions

EPFO invites applications from provident fund trusts for amnesty scheme

Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for six months, a labour ministry statement said

Employee headcount shrinks at HUL, Dabur amid hike in median pay in FY26

While Nestle India, Marico and Tata Consumer Products Ltd (TCPL) added to their headcount during the fiscal, Hindustan Unilever (HUL) and Dabur saw a decline in permanent employees on their rolls

Honda bullish on India's two-wheeler market, to roll out new products

Honda Motorcycle and Scooter India expects rising personal mobility, rural demand and premiumisation to support long-term industry growth as it prepares new launches for the festive season

Two-wheelers present bigger challenge for Delhi EV policy: Crisil Ratings

With electric vehicles accounting for just 7.3% of Delhi's two-wheeler registrations in FY26, the planned ban two-wheelers from April 2028 will require faster investment in EV products and infra

India's Russian crude imports jump 34% in June as Moscow's revenues slip

India's Russian crude imports rose 34% in June, driven by higher purchases from major refiners including Reliance, IOC, BPCL and Nayara Energy, according to CREA

FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive

The finance minister will review the progress of the FCNR(B) deposit mobilisation campaign and discuss overseas borrowing plans as the RBI's temporary incentives remain in place until September 30

SAIL, Indonesia's Krakatau Steel eye up to 1 MT stainless steel project

The proposed joint venture will study a 0.5-1 million tonne stainless steel slab project in Indonesia, leveraging the country's abundant nickel reserves to supply SAIL's Salem Steel Plant

SIF AUM jumps 29% to ₹17,858 cr in Jun, hybrid strategies hold 72% share

Hybrid investment strategies led growth in Specialised Investment Funds as monthly inflows nearly tripled, while mutual funds and SIPs also recorded strong investor participation in June