Banking And Finance
PSBs tap liquidity buffer to meet strong loan demand
Mumbai: (LCR) at state-run banks moved closer to the minimum regulatory thresholds in the March quarter as the scramble for intensified amid unabated demand for loans. The LCR for major…
₹30 lakh CTC breakdown: How much in-hand salary can you actually get?
An individual earning a yearly Cost to Company (CTC) of ₹30 lakh in India has wage elements split between gains and deductions. Salary break-ups in India The elements of the…
B-khata to A-khata: Bengaluru camps to offer on-the-spot help to property owners from 16 May
Under the Karnataka government’s ‘Bhoo Guarantee’ 2026 scheme, property owners in Bengaluru can convert their B-Khata properties to A-Khata by paying just 2% of the guidance value instead of the…
Marginal relief in income tax explained: Who it applies to and how it works under new vs old tax regime
According to the Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, starting from financial year 2026-27, there will be no income tax under the new regime on annual…
Market
SEBI eases InvIT norms on borrowings, SPV classification after project completion
The Securities and Exchange Board of India (SEBI) on Thursday allowed greater flexibility in the use of borrowings by Infrastructure Investment Trusts (InvITs) and eased norms for special purpose vehicles…
Coal India gets nod for Mahanadi Coalfields listing via fresh equity issuance, offer for sale
State-run Coal India on Friday said the Department of Investment and Public Asset Management (DIPAM) has approved the proposal for the listing of its coal producing subsidiary Mahanadi Coalfields (MCL)…
SpaceX accelerates IPO timeline, targets Nasdaq debut by mid-June
Elon Musk’s rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early as June 11 and has picked Nasdaq as its listing venue, people…
Gold, silver rates today: Comex gold plunges $171/oz; silver down $9.1 on inflation worries, firm US dollar
Precious metals continued to drift lower on Friday, 15 May, as a strengthening US dollar and persistent US inflation dampened expectations of near-term Federal Reserve rate cuts. Meanwhile, traders also…
Market
Exclusive-SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq, sources say
By Echo Wang and Anirban Sen NEW YORK, May 15 (Reuters) – Elon Musk’s rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early…
Automakers say PM’s EV push can help grow penetration
Automobile manufacturers have welcomed Prime Minister Narendra Modi’s renewed push for electric vehicles (EVs), saying the transition to cleaner mobility is critical not only for sustainability but also for strengthening…
Sherritt to Dissolve Cuba Mining Venture Due to US Sanctions
Sherritt International Corp., a Canadian company that has invested in Cuba for decades, said it will seek to dissolve its nickel mining joint venture on the island due to US…
Active Clothing Co opens 5 multi-brand retail stores in Punjab
Active Clothing Co, specialist in apparels for leading global fashion brands, has made a strategic entry into the retail segment with launch of retail outlets under the brand name “NUEMO”.…
Axis
