Page 2 - Bs Reporter

RBI doubles 10-day VRR amount to ₹1.5 trn due to expected tax outflows

Market participants said the decision to double the VRR amount was due to outflows due to advance tax and goods and services tax (GST) collections, expected to be Rs 2 trillion

Freshworks to acquire FireHydrant to boost AI-powered incident management

Co-founded by Robert Ross and Dylan Nielsen in 2018, FireHydrant has deep expertise in IT and DevOps with customers across consumer and business industries, including Palo Alto Networks, BP, and Qlik

Advisories multiply across courts, schools as Delhi-NCR fades into smog

Air quality readings underlined the urgency. Delhi's Air Quality Index ranged between 427 and 498 through the day, with early morning levels touching nearly 500, deep in the "severe" category

RBL Bank CFO Tharashankar resigns to pursue opportunities outside bank

Post internal discussion held with Tharashankar, the bank has accepted his resignation and relieved him from his duties with effect from close of business hours today

PM Modi meets Jordan's King Abdullah II as three-nation tour begins

Prime Minister Narendra Modi met Jordan's King Abdullah II in Amman on Monday, holding talks on bilateral ties as India and Jordan look to deepen trade, business and people-to-people engagement

Galaxy Health Insurance launches Galaxy Twin 360 with IPD and OPD cover

Galaxy Health Insurance has launched Galaxy Twin 360 for young adults, combining inpatient cover with outpatient benefits and wellness services to improve renewals and long-term adoption

11 consequential rail accidents in FY26 so far, says Indian Railways

Comparable to Covid period when train movement was minimal, say officials

Bhumika Group to invest ₹700 cr in mixed-use development in Faridabad

Spanning around 5 acres, the project will include 88 premium low-density residential units in 3BHK-plus-study configurations, along with staff accommodation

Mkt regulator Sebi clears Pranav Adani, others of insider trading charges

In a separate 63-page order, Sebi also dropped insider trading charges against Vinod Bahety, former head of M&A at the Adani Group, and three associated entities

SBI cuts peak deposit rate by 15 bps; cuts MCLR by 5 bps across tenors

SBI's Amrit Vrishti, which offered 6.6 per cent for 444 days, has been revised downward to 6.45 per cent

BSE, India Post ink agreement to take mutual fund deeper into rural India

With over 164,000 post offices, India Post is expected to provide last-mile connectivity, helping push investor education and access to modern financial products

Reorient PLI scheme on labour-intensive sectors to create more jobs: NCAER

The study urges a reorientation of incentives toward textiles, garments and food processing to boost employment

ICICI Prudential AMC raises ₹3,021 cr from anchor investors ahead of IPO

The anchor book saw strong participation from sovereign wealth funds, global long-only investors, mutual funds, pension funds and insurance companies

PM Modi, Trump hold talks over phone, discuss ways to enhance trade

PM Modi and Trump held their first call since October, reviewing bilateral progress in trade, defence and technology, and reaffirming their commitment to a stronger strategic partnership

Modi Naturals plans up to ₹100 crore FMCG acquisitions after NSE listing

Modi Naturals aims to acquire brands in ready-to-eat and healthy snacks as it grows its FMCG portfolio, saying its NSE listing will improve visibility, liquidity and investor reach

NHPC invests ₹98,107 cr to build 8,814 MW hydropower capacity by 2032

State-owned NHPC is undertaking a major expansion of its clean energy portfolio with investments of over Rs 98,000 crore in hydropower projects across the Northeast, Sikkim and Jammu & Kashmir

Microsoft partners with top IT firms to expand Copilot deployment in India

Microsoft has teamed up with TCS, Infosys, Wipro and Cognizant to deploy more than 200,000 Copilot licences, signalling a strong enterprise push towards agentic AI to boost productivity

What are the best term insurance premium rates for young professionals?

Check out the term insurance rates from various insurers for young male professionals living in a large city

Italian deputy PM Tajani to meet Goyal; talks on India-Italy action plan

Italian Deputy Prime Minister and Foreign Minister Antonio Tajani will meet commerce minister Piyush Goyal in Mumbai to discuss the India-Italy Joint Strategic Action Plan 2025-29,

Trai recommends backhaul spectrum charge at 0.1% of AGR; costs may halve

Trai has recommended a flat backhaul spectrum charge of 0.1 per cent of adjusted gross revenue, replacing the current weighted-average method that has pushed annual levies