Latest News

Shiprocket's ₹1,617.5-crore IPO to open Aug 12; price band fixed at ₹92-97

The e-commerce enablement platform will open its public offering on August 12, with the issue valuing the company at up to ₹7,056 crore

RBI extends recovery norms deadline, eases certification timeline

The RBI has deferred implementation of revised recovery norms to January 2027 and given regulated entities a year to certify existing recovery agents through the IIBF

Telegram founder Durov warns of 'takedown extortion' by cybercriminals

Pavel Durov says cybercriminals are exploiting platform moderation systems through 'takedown extortion', putting legitimate online communities across social platforms at risk

Sebi eyes SLB revamp, single-window clearance for intermediaries in FY27

Chairman Tuhin Kanta Pandey said Sebi will revamp the securities lending framework, launch the Sebi Setu portal and roll out a single-window clearance system

NBFCs can extend term loans, not revolving credit products: RBI draft norms

The RBI has proposed restricting NBFCs to term loans and barring revolving credit products, except for those authorised to issue credit cards

ISME seeks GST safe harbour for genuine buyers, faster refund processing

Industry body FISME has urged the CBIC to protect bona fide GST buyers from suppliers' defaults, expedite refunds and simplify compliance to improve ease of doing business

Coal India enters iron ore mining in latest push towards diversification

Coal India has emerged as the preferred bidder for Odisha's Gadadharpur iron ore block, marking its entry into iron ore mining as it expands beyond coal

Higher oil prices lift ONGC Q1, output growth remains crucial for rerating

Higher crude realisations lifted ONGC's Q1 earnings above estimates, but sustained oil and gas production growth remains the key catalyst for any meaningful stock rerating

Improving hardware capabilities a must for deep-tech ecosystem: Nasscom

Nasscom says India must build stronger hardware capabilities and deepen industry-academia collaboration as AI reshapes software development and the deep-tech ecosystem

Microsoft launches Hyderabad data centre, takes India cloud regions to four

The Hyderabad facility strengthens Microsoft's AI-ready cloud infrastructure in India, expanding its presence to four cloud regions as it scales sovereign cloud capabilities

Nazara raises ₹733.5 cr through preferential issue to fund acquisitions

Incoming CEO Raymond Stauffer will invest about ₹583 crore as Nazara strengthens its balance sheet to fund acquisitions, AI-led game development and business expansion

Fisdom founders to exit Groww after wealth business integration

Subramanya SV and Anand Dalmia will exit Groww after completing a planned one-year transition following Fisdom's acquisition and integration into the fintech firm's wealth business

Next phase of Green Energy Corridor to cover 10,000 ckm: Pralhad Joshi

The Centre is planning the next phase of the Green Energy Corridor, spanning 10,000 circuit km, to strengthen renewable power evacuation and support India's energy transition

BP India calls for bigger strategic reserves, higher domestic energy output

BP India Chairman Kartikeya Dube says India should expand strategic reserves, diversify energy sources and increase domestic oil and gas production to enhance energy security

LIC's Q1 net profit rises 23% to ₹13,492 crore on higher premium income

State-owned LIC reported a 23 per cent rise in Q1FY27 net profit as premium and investment income grew, while value of new business surged 61.3 per cent

Dabur challenges FSSAI order banning '100%' claims in Delhi High Court

Dabur has moved the Delhi High Court against an FSSAI order directing it to stop selling food products carrying "100%" claims. The matter is likely to be heard on Friday

Cabinet approves ₹8,970 crore Guwahati-Tezpur highway project in Assam

The four-lane access-controlled NH-15 corridor will be developed under the BOT Toll model to improve connectivity, reduce congestion and support economic growth in Assam

Odisha to launch 5 food parks, target ₹10,000 cr investment at Delhi summit

The state will unveil five new food parks at the Odisha Food Pro 2026 summit in New Delhi as it seeks Rs 10,000 crore in investments and over 20,000 jobs

Insurance sector poised for growth, but profitability concerns persist: S&P

S&P Global Ratings says reforms and low insurance penetration support long-term growth, but underwriting pressures and weak profitability remain key risks for insurers

80 agricultural universities adopt NEP 2020 reforms, 1,902 MoUs signed

Eighty agricultural universities have adopted NEP 2020 reforms, with 1,902 industry partnerships and expanded internships to strengthen skills and research