Page 1758 - Latest News

Lending rates ease 6 bps in August; 1-year MCLR steady in September

RBI data shows lending rates on fresh and outstanding loans fell six bps in August, while the one-year median MCLR of banks stayed unchanged at 8.60 per cent in September

CCI approves Saudi Arabian PIF's bid for majority stake in Olam Agri

Public Investment Fund (PIF), through its investment arm SALIC, is acquiring a stake in Olam Agri Holdings Ltd. PIF has assets under management of more than $925 billion

RITES signs pact with Etihad Rail to enhance infrastructure, mobility ties

A Memorandum of Understanding (MoU) was signed in this regard, which aims to enhance business collaboration in the mobility and infrastructure sectors across the UAE and other regions, says company

Global air passenger traffic expected to hit 9.8 billion in 2025: Report

In the Asia Pacific region, the traffic number is forecast to reach 3.6 billion passengers in 2025, with Southern and Southeast Asia driving growth while East Asia's outlook remains cautious

Maharashtra tops abetment of suicide cases in 2023, murder cases fall: NCRB

Among the murder cases in 2023, Maharashtra was on the third spot with 2,208 offences in which 2,274 persons were killed, down from 2,295 cases in 2022 and 2,330 in 2021

Andhra CM Naidu meets FM Sitharaman, seeks funds for tariff-hit aqua sector

Andhra Pradesh CM Chandrababu Naidu meets Finance Minister Sitharaman seeking Purvodaya funds to support aquaculture, horticulture and regional development.

Fintech firms eye investments in 'switching' as UPI's scale picks up

These investments in critical technology stacks enable fintechs to process transactions faster, with higher success rates, while handling large volumes with greater stability

Sebi extends retail algo trading rollout, full compliance by April 2026

Sebi has extended the timeline for retail algo trading framework rollout, setting phased compliance milestones for brokers through 2025, with full compliance due April 2026

Asia Cup trophy row drags on as ACC leaves the decision to Test nations

The dispute stems from the post-final presentation in Dubai, where Indian players declined to receive the trophy from Pakistan Cricket Board chairman Mohsin Naqvi

Retail credit growth moderates in August ahead of festival demand

RBI data shows retail credit growth slowed to 11.8% in August from 13.9% a year earlier, with housing, vehicles and credit card loans recording sharper moderation

Three of four IPOs flop on debut as stocks close below issue price

Three of four firms that debuted on Tuesday closed below issue price despite robust subscription, raising concerns for upcoming mega IPOs such as Tata Capital and WeWork India

Kerala draws road map for integrated AI township; eyes ₹25K cr investment

Kerala has launched plans for an Integrated AI Township at Infopark Phase 3 in Kochi, targeting Rs 25,000 crore investment and two lakh direct jobs under a land-pooling model

India vs Sri Lanka live streaming, ICC Women's World Cup 2025 telecast

The live telecast of India vs Sri Lanka ICC Women's World Cup 2025 match will be available on Star Sports Network in India

PhonePe, Mastercard roll out tap-and-pay contactless payments in India

PhonePe and Mastercard have launched contactless tap-and-pay payments for Indian cardholders using NFC-enabled Android smartphones at merchant outlets in India and abroad

TVS SCS North America targets $500 mn revenue, opens Iowa facility

TVS Supply Chain Solutions' North America unit aims for $500 million revenue, growing at 20 per cent CAGR, with a new 225,000 sq ft facility in Iowa expanding its US footprint

NaBFID eyes partial credit enhancement for bonds worth ₹15,000 cr in H2FY26

These projects are likely to be predominantly from the renewable energy and roads sectors, according to a top NaBFID executive

Mumbai property registrations rise 29% in September, hit 7-year high

Mumbai property registrations rose 29 per cent in September to 11,744 units, generating Rs 1,256 crore in revenues as festive demand, premium launches and buyer momentum drove growth

India's road construction likely to slide to 5-year low in FY26: Icra

Icra attributed the decline to lower execution due to extended monsoon periods and a decline in project awarding over the past two years

Tamil Nadu to host global aerospace and defence meet in Chennai in Oct

Tamil Nadu will host Aerospace and Defence Meetings in Chennai from October 7 to 9 as part of its Defence Industrial Corridor plan to attract investments and boost domestic manufacturing

India's external debt climbs to $747.2 billion at June-end: RBI report

The external debt to GDP ratio moderated to 18.9% at the end of June 2025 from 19.1% at the end of March 2025