Banking and finance, markets, the economy and companies.
FICCI has appointed The Sanmar Group Chairman Vijay Sankar as its President-Elect for 2026-27. Currently the industry body's Senior Vice President, Sankar will succeed Anant Goenka as President after the FICCI Annual General Meeting and Annual Convention scheduled for November 18-19, 2026, in New De…
KMF raises Nandini milk price by ₹8 per litre from Nov 1 to fund farmers and operations, marking fifth hike in recent years.
Jaishankar to meet Rubio on G20 sidelines; India-US interim trade deal unlikely before mid-terms due to unresolved tariff and farm-market access terms.
United Forum of IDBI Officers and Employees has expressed opposition to the proposed sale of IDBI Bank. Concerns include potential undervaluation of the bank's assets and the need for public scrutiny. The government plans to transfer a significant stake in IDBI Bank to Fairfax Financial Holdings. Th…
Indian companies have sought to raise a total of $8.13 billion in external commercial borrowings. This amount represents a 6% increase from the previous month's $7.70 billion. Notable proposals include Flipkart Internet Pvt Ltd aiming for $1.14 billion through a foreign loan. Additionally, the Power…
The Comptroller and Auditor General of India aims to enhance audits by adopting advanced technologies, including artificial intelligence and machine learning. This integration will allow for more precise identification of risks and anomalies in public governance. Data-driven audits will improve the…
Commerce Minister Piyush Goyal said Indias trade deal with the US would protect sensitive interests, including those of farmers, and give the country a competitive advantage. He criticised opposition parties for questioning the agreement before its details were released, while defending Indias trade…
Nvidia CEO Jensen Huang identified 3 countries as world’s leading nations in manufacturing & advanced technology, excluding India. He said China’s strength comes from combining industrial production with computer science, after the US shifted much of its heavy manufacturing there over past 50 years.
Net interest income jumps 44.5% to ₹237 crore; loan book expands 31% to ₹12,156 crore as of September-end
Virat Kohli's stake in Agilitas Sports has increased significantly following the merger with his one8 brand. The merger was approved by the National Company Law Tribunal, enhancing Agilitas product development capabilities. Kohli invested Rs 40 crore in Agilitas and remains a co-founder of one8. Agi…
Brokerage notes $110 billion in equity-related exits since April 2025 as FPI sentiment remains a key pressure point on the currency
Microsoft reported revenue of $92.3 billion for the first quarter of fiscal 2027, marking a 19% increase year-on-year. Adjusted earnings stood at $4.89 per share, beating Wall Street expectations as strong demand for cloud computing and artificial intelligence supported growth across its business. (…
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