Page 1816 - Latest News

AU Small Finance Bank gets RBI approval to become a universal bank

AU Small Finance Bank becomes the first SFB to receive RBI's in-principle approval to transition into a universal bank, expanding its product reach and lending base

Signature Global's net profit shoots 386% on increased revenue recognition

This rise was driven by increased revenue recognition and average sales realisation, the company said in a regulatory filing on the exchanges

India, US should find common ground to resolve tariff issue: Netanyahu

As India-US ties are reeling under some strain after US President Donald Trump imposed 50 per cent tariff on Indian goods, the Israeli prime minister said both sides should amicably resolve the issue

Coal India opens power market access for TPPs using linkage coal

The new rule applies to all existing and future FSAs and extends to all power generators, including central and state Gencos and independent power plants

Q1 disappointing, but BHEL's prospects likely to improve from Q3FY26

The performance was due to poor execution and on account of legacy fixed-price contracts in the power segment (where legacy contracts amount to 71 per cent of power segment revenues)

Delhi HC clears release of 'Udaipur Files' despite plea for stay

Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela passed the order while dismissing plea seeking movie's stay, saying petitioner failed to establish a prima facie case in his favour

Govt body NRDC suggests mandatory policy framework for zero emissions

ZEV credits will be calculated based on the difference between the ZEV-mandated requirements and the number of vehicles sold by the manufacturer

DSP Mutual Fund unveils India's first passive flexicap quality index fund

The scheme tracks the Nifty500 Flexicap Quality 30 Index and uses momentum-based allocation to shift between largecaps and small- and midcaps for alpha generation

Sebi proposes relaxing educational qualification criteria for IAs, RAs

Market regulator proposes to ease IA, RA registration and fee rules, broaden eligibility to all graduates, and allow past data sharing with client consent

FPI selloff may worsen as Trump ups India tariffs pressure

Analysts have largely attributed the selloff to the trade uncertainty triggered by Donald Trump's tariff-related policies

India's state refiners pause Russian oil buys amid US tariff pressure

Companies including Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. plan to skip spot purchases of the crude in the upcoming buying cycle

Overseas funds pull out of IT and financial services stocks in July

Foreign investors pull out over ₹21,000 crore from key sectors in late July, with IT and financials bearing the brunt of the sell-off

US tariff impact: India Inc against knee-jerk reaction, seeks new markets

Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures

RBI to conduct two VRRR auctions to absorb ₹3 trillion from system

RBI will hold two VRRR auctions on Friday with six-day and three-day tenures to absorb excess liquidity from the banking system, which has a surplus of Rs 4 trillion

SC nixes Justice Varma's plea, says conduct does not inspire confidence

Bench says in-house panel followed due process and affirms CJI's right to recommend action to Parliament; Varma can seek future remedies if needed

Rupee remains steady due to likely RBI intervention amid tariff tensions

Rupee settles nearly flat at 87.71 per dollar despite US tariff escalation; forex dealers cite likely RBI intervention through dollar sales and NDF operations

Non-life insurers clocked 2.7% growth in premiums in July, shows data

General insurers report flat premiums in July while standalone health insurers see modest growth; overall momentum slows amid accounting changes, weak motor segment

Best of BS Opinion: Dodging Trump tariffs, drugs, and digital traps

Here are the best of Business Standard's opinion pieces for today

DII flows, Trump-Putin summit hopes help markets duck tariff blow

Benchmarks rebound from sharp fall as domestic investors pour in ₹10,864 crore

After 3 decades, govt revises base year for CPI rural-farm labour

Weighting of food items has now declined by nearly 10 percentage points for both agri and rural labourers