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Ben Stokes, Atkinson dropped from 2nd NZ Test squad over nightclub row

Senior batter Joe Root was named interim captain in place of Stokes. The second Test will played at The Oval here from June 17-21

Airtel rebrands Priority Postpaid as Fast Lane amid neutrality row

Airtel launched "Priority Postpaid" on May 19, which promises consistent speed even in crowded markets for postpaid customers

President Murmu approves merger of REC with Power Finance Corporation

In March 2029, state-owned PFC completed the acquisition of the government's majority stake of 52.63 per cent in REC Ltd for ₹14,500 crore

Sebi mistook Valcambi's Editda as revenue; all records submitted: REL

The regulator flagged what it called a prima facie misrepresentation of the company's financial position, noting that nearly the entire reported revenue was attributed to overseas subsidiaries

RBI cancels registration certificates of 135 NBFCs, most in West Bengal

The majority of the NBFCs, whose certificates of registration were cancelled, had a registered office address in West Bengal, an RBI release showed

RBI forex swap measures may attract $60-70 bn inflows, says Ind-Ra

The slew of measures announced by the RBI to shore up foreign capital inflows includes a concessional forex swap facility to encourage PSUs to raise ECBs until September 30

Outward FDI commitments by Indian firms drop 49% in May: RBI data

Equity investments abroad dropped sharply to $1,247.82 million in May from $3,537.35 million in April, marking a decline of about 64.72 per cent

Rajesh Exports says will cooperate with audit, won't challenge Sebi's order

Rajesh Mehta denied allegations that Rajesh Exports Ltd (REL) had impeded the audit process and said the company had been forthcoming with investigators throughout

Meta partners with Fourth Partner Energy for 88 MW RE projects in India

Meta will purchase 100 per cent of the environmental attributes associated with the projects, FPEL said in a statement

Tata Starbucks could expand to 8,000 stores in India: Chandrasekaran

Terming the Starbucks QSR chain business as "a very high-potential business", Chandrasekaran said it has become EBITDA positive in FY26

Govt extends microfinance guarantee scheme, raises loan cap to ₹1,000 cr

As of date, loans totalling ₹770 crore have been sanctioned under the scheme, the Finance Ministry said in a statement

Nuvama gets Sebi's green light to commence its mutual fund business

The approval paves the way for the company to establish its mutual fund business and expand its asset management offerings

Govt approves 96 companies in Round-III of PLI Scheme for textiles

Twenty-two firms join the textile PLI scheme's third round, taking total committed investments to ₹12,823 crore and projected turnover to over ₹58,000 crore

Unicorn to add 50 Apple stores, aims for ₹6,000 cr revenue in 3 years

Unicorn opened its very first single-brand store in Ahmedabad in 2006 and thereafter it has been expanding its outlets across North and West India"

Sebi mulls easing executive remuneration disclosure norms for AMCs

Sebi has proposed replacing individual executive pay disclosures at mutual fund AMCs with consolidated figures, citing privacy and competitiveness concerns

Indian govt's 10-year bond yield down 0.10% on tax relief-driven FPI buying

Tax relief for FPIs and RBI measures spur foreign inflows into government bonds, driving benchmark yields lower and boosting debt market sentiment

9 Indian cos join WEF's Tech Pioneers cohort of 100 early-stage startups

India has contributed nine companies, many focused on deep-tech and space innovation, while the Republic of Korea records its strongest representation to date across AI, robotics and quantum technolog

PM Modi to chair 11th Governing Council meeting of NITI Aayog on Thursday

The governing council will also focus on the recommendations of the 5th National Conference of Chief Secretaries held during December 26-28, 2025

West Bengal govt distributes portfolios among newly sworn ministers

The portfolios were distributed among 13 Cabinet ministers and 22 ministers of state, including three with independent charge

Anil Ambani gets protection from coercive action in 'tax evasion' case

The court directed the Union government to file its affidavit in response to the plea