Indian stock market: Indian benchmark indices Sensex and Nifty 50 closed lower on Friday, 5 June, as investors booked profits following the Reserve Bank of India’s latest policy decision, which…
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Nestle India pays ₹1,024.5 crore royalty to Swiss parent entity, as sales revenue jumps to ₹23,071 crore in FY26
General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Société des Produits Nestlé S.A. were up 13.91% to ₹1,024.5 crore in FY26, according to…
CBI conducts searches in Rs 661 crore IDFC First Bank-AU Finance Bank fraud case
The CBI has conducted searches at six locations in Chandigarh, Panchkula and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from departments…
Health insurance claim rejected? IRDAI wants insurers to explain why
Nearly one in every 12 claims was repudiated in FY25. Now, the Insurance Regulatory and Development Authority of India (IRDAI) wants insurers to explain those decisions more clearly. Under the…
How Millennials and Gen Z can improve credit health and build a strong credit score for future financial success
We live in an era where financial decisions can shape families’ futures. An individual’s decision shapes long-term economic opportunities. As a result, credit health has emerged as a critical pillar…
CMR Green Technologies IPO sees strong demand: Here’s what GMP signals ahead of share allotment
CMR Green Technologies IPO: CMR Green Technologies IPO, which was open for subscription between 3-5 June, witnessed massive subscription in its 3 days of bidding and is now all set…
Hormuz crisis exposes a global flaw that will take years to fix
Iran’s closure of the Strait of Hormuz showed how a country can weaponize an economic pinch point to seismic effect. The question now is what governments decide to do about…
The move into gold by other nations has happened before. It’s bad news for US dollar
Two different eras, two similar occurrences. Fifty-five years ago, increasingly restive global central banks wanted to dump U.S. dollars for gold in a vote of no confidence in America’s policies.…
Why the market isn’t buying Salesforce’s AI story
Salesforce has a $5 billion stake in one of the hottest companies in artificial intelligence (AI). Investors aren’t impressed. On 1 June, Bloomberg reported that Salesforce’s investment in is now…
Govt is changing the way you buy cooking oil — standard pack sizes will now help shoppers compare prices
will now be sold only in a fixed set of pack sizes in India, according to a new government directive. The aim is to let customers compare the prices across…