Page 7 - Latest News

Sagar Defence, Encube Ethicals among 4 firms to secure Sebi's nod for IPOs

Sagar Defence Engineering, Encube Ethicals, Arjun Jewellers and IFL Finance have received Sebi's approval to launch IPOs, with proposed issues including fresh shares and offers for sale.

Cashfree makes its checkout readable for AI agents to speed up payments

Cashfree's new Checkout for Agents uses WebMCP to help AI agents navigate payment pages, reduce token consumption by over 40 per cent and complete purchases with user approval.

Oil set for biggest weekly drop; may bring relief for India's oil bill

Brent crude fell 16 per cent from its October 30 peak amid hopes of easing US-Iran tensions, potentially reducing India's import costs and losses at state-run oil firms

Hindalco flags coal supply constraints, sees 5% rise in aluminium costs

Hindalco expects aluminium production costs to rise another 5% in Q3FY27 as coal inventories at its Mahan and Renukoot smelters fall to nearly half their normal levels

Microfinance portfolio shrinks 5% YoY to Rs 3.28 trillion in September

On a sequential basis, the portfolio contracted 1.4 per cent, while active loans and the live customer base fell 6.5 per cent and 3.9 per cent, respectively.

Centre orders rice stock disclosure, allows five states to impose limits

Every unit holding stocks will have to update details on the Food Stock Portal (foodstock.dfpd.gov.in) every Friday, the food ministry said in a statement

Voltas Q2 profit rises 51.4% to ₹47.71 cr; revenue up 15.3% to ₹2,707 cr

Voltas' Q2FY27 revenue rose 15.3% to ₹2,706.57 crore, led by 29% growth in its unitary cooling products business, while the projects segment reported a decline

Equity inflows moderate, flexicap funds lead in Samvat 2082 amid volatility

Flexicap, smallcap and midcap funds accounted for 62% of equity inflows in Samvat 2082, while investments in sectoral and thematic schemes fell by over two-thirds.

Vice-President Radhakrishnan to be chief guest at Ayodhya Deepotsav

Ayodhya is preparing for a record diya-lighting event on Saturday, with foreign tourists and cultural troupes arriving as officials step up security and crowd management measures.

Rupee hits six-month high of 93.91 against dollar on oil price decline

The rupee gained 0.60 per cent to close at 93.91 against the dollar on Friday, its highest level since April 22, supported by falling crude oil prices and foreign equity inflows

Inward FDI to ODI ratio narrows to 4.2 times in FY26 from 5.5 times: RBI

The RBI's annual census shows a narrowing gap between inward FDI and overseas direct investment, with the US emerging as the largest source of outstanding FDI in India.

Paddy procurement to infuse ₹16,000 cr into Uttar Pradesh's rural economy

State aims to procure 6.5 million tonnes of paddy by February 2027, with payments to farmers promised within 48 hours

Bharti Airtel reclaims 2nd spot in mcap rankings, overtakes Jio Platforms

The market valuation of Bharti Airtel stood at Rs 13 trillion, while that of Jio Platforms was Rs 12.94 trillion

Govt working on provision for Trai's penal power on spam rule violations

The government is working on a provision to resolve issues around telecom regulator Trai's power to penalise telecom operators for flouting rules on pesky calls and SMSes, an official source said.

Lack of green finance taxonomy hobbles India's net-zero ambitions

Mitigating climate-change risks could prove far tougher without a clear national taxonomy and cohesive regulatory guidelines to unlock capital

India's foreign exchange reserves drop by $2.69 billion to $717 billion

Experts attribute this decline to the deployment of the FCNR(B) resources and also to currency defence put up by RBI through dollar sales

UPI merchant charges: Can NPCI legally impose fees on businesses?

NPCI says merchant charges are important to sustain UPI, but the Supreme Court will analyse the legal basis of the levy, its validity and its impact on businesses

TASE Global to raise ₹300 crore from ValueQuest's Tristar Fund for growth

The investment will help Chennai-based TASE Global expand manufacturing capacity, integrate its US operations and pursue larger OEM programmes across advanced manufacturing sectors.

Grap III invoked in Delhi-NCR as AQI continues to remain 'very poor'

Delhi-NCR woke up to a thick layer of smog on Friday. The city's average AQI stood at 389 at 8 am, compared with 367 on Thursday

Sony revives 1979 Walkman headphones with new MDR-3R USB-C model: Features

Sony has launched the MDR-3R wired USB-C headphones, reviving the design of its original 1979 Walkman headphones with updated drivers, an in-line remote and built-in microphone