Page 21 - Latest News

RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawals

The Reserve Bank on Wednesday imposed several restrictions on Puducherry Co-operative Urban Bank, including capping of withdrawals by a customer at Rs 5,000, in view of the deteriorating financial position of the lender.

Rupee gains for eighth straight session, longest winning streak in 8 years

The rupee strengthened to 94.47 per dollar, its strongest level in six weeks, supported by foreign inflows linked to Jio Platforms' IPO and recent RBI measures to curb dollar demand

IT stocks gain ₹77,000 crore in value as banking shares weigh on Nifty

IT stocks gained ₹77,000 crore in market value, cushioning the Nifty's 0.34% decline on Wednesday, while banking and financial stocks lost around ₹81,000 crore amid rising bond yields.

Marco Rubio terms protests in India as 'internal political matter'

US secretary of state declines comment as UN experts flag police response to youth-led demonstrations

Jio Platforms IPO fully subscribed in 100 mins; booked 3.16x on Day 1

QIBs lead at 9.42x their quota, while retail investors subscribe to just 0.73x

Instilling confidence in election process is vital: Supreme Court

Court cites free and fair elections, asks poll panel to review complaints of nomination obstruction

Why Musk backs a $3.5 trillion Tesla-SpaceX merger and what it means

Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.

Joint property in your name? Here's why source of funds matters in disputes

A man was ordered to vacate a jointly registered house after the court found that his wife's father had funded its purchase

India has expanded higher education. Now it must build on it

India must address faculty vacancies, skills gaps and examination flaws to make educational opportunity more equitable

India's WTO moment is now

Along with other middle powers, India must step up to revive the WTO and help reshape its rules in the interests of the Global South

Flipkart's Big Billion Days draws 9 in 10 shoppers as orders rise 20-22%

Flipkart's 11-day festive sale saw orders, units and buyers rise 20-22% year-on-year, with nearly half of buyers from Gen Z and about 60% from Tier 2-plus cities

Rupee volatility is a signal

The world is changing structurally, and India needs to adjust

RBL Bank eyes on broking, mutual funds to expand capital market presence

Private sector lender RBL Bank is "evaluating" a foray into the broking and asset management space as part of its move to expand capital market activities, a top official said on Wednesday.

Indian Railways records 77.11% punctuality in FY27 so far, says ministry

Indian Railways says punctuality stood at 77.11% in FY27 so far, compared with 69.2% in FY19, citing improved monitoring, timetable rationalisation and infrastructure upgrades

Safety first in road contracts

Penalty regime should be backed by rigorous project appraisal

Policy disconnect

Ambiguity on satellite communication is creating unease

Essar Ports gets LoA for ₹2,276 crore Tuna Tekra terminal in Gujarat

Essar Ports will invest Rs 1,552.57 crore in the Tuna Tekra terminal, which will have an annual cargo-handling capacity of 18.33 million tonnes and four berths at Kandla in Gujarat

Adani Green Energy Q2 profit grows 16% to ₹747 crore, income up 39%

Adani Green Energy reported a 39% rise in total income to Rs 4,520 crore in Q2FY27, driven by capacity expansion and strong operational performance across its renewable energy sites

Mahindra Finance Q2 net profit rises 55% to ₹882 crore on loan growth

Mahindra Finance reported 22% growth in disbursements to Rs 16,499 crore in Q2FY27, while assets under management rose 15% and credit costs declined to 1.6% from 2.2% a year ago

Rajnath Singh to unveil Land Warfare Doctrine at Army Commanders meet

The three-day Army Commanders' Conference began on Wednesday, with Defence Minister Rajnath Singh set to release the Land Warfare Doctrine to prepare the Army for future conflicts.