Page 19 - 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

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

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

Nepal tops foreign student inflows to India, Karnataka leads in enrolments

The survey serves as the primary source of official statistics on higher education in India, providing critical insights for policy formulation, planning and monitoring of the sector

ONGC drills second geothermal well in Ladakh, advances India's first pilot

The second 1,000-metre well in Ladakh's Puga Valley will support India's first 1-MW pilot geothermal power plant, advancing efforts to tap round-the-clock renewable energy

Cloudburst floods hotels, houses in J-K's Pahalgam; no casualties

A sudden spell of intense rainfall, possibly caused by a localised cloudburst, struck the forest areas of Awoora and Dehwathu in Pahalgam, in south Kashmir's Anantnag district

India to play two friendlies in first-ever football tour of New Zealand

The tour will also mark India's first visit to an Oceania Football Confederation (OFC) member nation since 2005, when it played two international friendlies against Fiji.

Veteran playback singer S Janaki dies at 88 due to age-related ailments

Known for her versatility, Janaki recorded over 48,000 songs in multiple languages, predominantly the South Indian languages of Kannada, Tamil, Telugu and Malayalam

Ambala police station car blast: Pak terrorist among 8 chargesheeted by NIA

The anti-terror agency detailed the roles of the accused and the conspiracy orchestrated by Bhatti to attack Baldev Nagar police station in Ambala, Haryana

Delhi EV policy mandates should not be imposed, says transport union

In the letter, Delhi NCR Transport Ekta Manch, a taxi and auto union, opposed the mandatory registration of new electric-only autos starting next year

Andhra govt approves ₹1,000 crore pooled municipal bond framework

The framework envisages mobilising over Rs 1,010 crore through pooled municipal bonds for priority urban infrastructure projects with an indicative total cost of about Rs 1,123 crore