Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, following the government's Budget push to restructure public sector NBFCs
The move follows Securities and Exchange Board of India operationalising a unified digital workflow in January 2026
Forex reserves at record high of $724 billion
By next weekend, Bangladesh will have an elected government. This is India's moment to reboot broken ties by moderating the 'ghuspethiya' rhetoric in poll-bound West Bengal and Assam
The yield on the benchmark 10-year government bond hardened by 9 basis points to settle at 6.74 per cent
Banks are shifting from unsecured loans to gold-backed lending amid rising gold prices, but RBI says low LTVs and limited exposure pose no systemic risk
How the US is abandoning the openness that helped it win the Cold War
Industry is drawing a fresh wave of entrants even as scale, profitability remain key challenges
Decision on UPI MDR in govt's domain: RBI governor
Apex bank will issue revised instructions to banks on KCC scheme
Industry executives note that REITs raise debt by issuing securities subscribed to by mutual funds and non-banking financial companies (NBFCs)
The government has received financial bids for IDBI Bank's strategic disinvestment, a key transaction as it targets ₹80,000 crore from disinvestment and asset monetisation in FY27
Guv says move is 'indexation for inflation'
Material abundance has not broken democratic capitalism - nor has it absolved societies of the harder, older task of learning how to live well
Group would establish its largest integrated manufacturing facility for automobiles and tractors around the city
Stellantis is particularly exposed because it leans heavily on high-margin Jeep and Ram pickup truck sales in the US, where demand for EVs is especially subdued
Targeted RBI campaigns and incentives have sharply increased the pace of unclaimed deposit settlements, pushing monthly payouts to over Rs 1,000 crore, compared with Rs 100-200 crore earlier, RBI said
Airtel has sought parity with Vodafone Idea on AGR dues reassessment and says it has written multiple times to the DoT, while outlining its plans on data centres, ARPU growth and 5G strategy
For Washington, carrying out enrichment - a possible pathway to nuclear bombs - inside Iran is a red line. Tehran has long denied any intent to weaponise nuclear fuel production
Gains come on the back of higher India volumes, Netherlands turnaround