Business

[ad_1] Reserve Bank of India (RBI) Governor Sanjay Malhotra delivers the Monetary Policy statement, on Wednesday. | Photo Credit: ANI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday voted to maintain the policy repo rate at 5.50% and continue with its neutral stance after assessing the current and evolving

[ad_1] Gland Pharma reported consolidated net profit rose nearly 50% for the June quarter to ₹215.5 crore from the ₹143.8 crore a year earlier as revenue from all but the key U.S. market increased. The higher net profit came on a more than 7% increase in the revenue from operations to ₹1,505.6 crore (₹1,401.7 crore).

[ad_1] Bank of Baroda has announced the launch of bob FxOne – a digital foreign exchange platform designed for the Bank’s corporate and MSME customers.  “bob FxOne empowers customers to seamlessly execute forex and derivative transactions with real-time live rates, instant confirmations, downloadable deal tickets and a personalised dashboard with alerts, in a secure, user-friendly

[ad_1] All domestic LPG cylinders are sold at non-subsidised prices and the subsidy transferred directly to the respective bank accounts under the DBTL scheme. | Photo Credit: VELANKANNI RAJ B The Direct Benefit Transfer of LPG (DBTL) of the Centre, under which domestic cooking gas subsidy is paid into the bank account of consumers has

[ad_1] If the tax department’s probe shows the tax rules have been breached, Jane Street could be issued with a tax demand, say sources | Photo Credit: KYLIE COOPER The Income Tax (I-T) department is investigating whether Jane Street violated tax laws in India by booking profits via its Singapore entities on its derivative trades

[ad_1] US Attorney General Pam Bondi directed prosecutors to use a grand jury to investigate claims made by Director of National Intelligence Tulsi Gabbard, say sources | Photo Credit: KEN CEDENO The US Justice Department has opened a criminal investigation into claims that national security officials participated in a conspiracy in late 2016 and early

[ad_1] The Board of Directors of Jaguar Land Rober (JLR ), in its meeting on Monday (August 4, 2025), approved the appointment of P.B. Balaji to succeed Adrian Mardell, as the CEO of JLR, when he retires upon completion of his contract. Mr. Balaji will be joining in this role from November-2025. Mr. Mardell will

[ad_1] The asset under management (AUM) of India’s mutual fund (MF) industry as of June 2025 was estimated at ₹74.40 lakh crore, marking a more than seven-fold growth in 10 years, Motilal Oswal Mutual Fund said in a report. The report said equity commanded the largest share at 59.94%, followed by debt at 26.53%, hybrid

[ad_1] Green logistics operator GreenLine Mobility Solutions Ltd., an Essar Group venture, has announced to invest ₹400 crore to deploy 100 Electric Trucks, for inter-unit concentrate movement between Hindustan Zinc Ltd.’s (HZL) mines and smelters, and adding 100 new LNG trucks in HZL’s fleet, to double the fleet size to 200 for long-haul finished goods transport.

[ad_1] The first month of campaign, which started on July 1 and would continue till September 30, saw as many as 1.05 lakh camps being conducted in the GPs. | Photo Credit: DANISH SIDDIQUI The Reserve Bank of India’s (RBI) nation-wide campaign for saturation of financial inclusion (FI) schemes and re-KYC at gram panchayat level

[ad_1] US President Donald Trump | Photo Credit: KEN CEDENO US President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth.  Trump made the comments to reporters

[ad_1] Managing wealth becomes relatively easy if you design a process to choose equity investments. Here, we discuss a pecking order for choosing equity investments based on the argument asset allocation is the most important step in the investment process. Top-down process The pecking order for choosing equity investments considers two factors — the choice

[ad_1] Chasing convenience and quality of life, urban settlers are increasingly seeking homes in communities that offer more than just housing. Today’s homebuyers are looking for townships- modern-day urban villages, that integrate schools, hospitals, retail zones, green spaces, and recreation hubs within walking distance. This rising demand for “walk-to-everything” lifestyles is reshaping how real estate

[ad_1] G Hari Babu, President of National Real Estate Development Council (NAREDCO) has urged the government to bring the Goods and Services Tax (GST) rates of building materials to the bracket of 18 per cent. Speaking at the sidelines of NAREDCO’s 17th edition of National Convention in the national capital, NAREDCO President reiterated industry’s demand

[ad_1] Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special arrangement Union Minister of Road Transport & Highways Nitin Gadkari on Saturday (August 2, 2025) expressed confidence that India’s cost of logistics would come down to less than 10% by the end of December. The lesser

[ad_1] Representational image of the Enforcement Directorate logo | Photo Credit: PTI The Enforcement Directorate (ED) has arrested Partha Sarathi Biswal, managing director of Biswal Tradelink Private Limited (BTPL), in connection with an alleged fake bank guarantee case. The arrest was made following searches in Bhubaneswar and Kolkata. The probe is based on a first

[ad_1] The Central Electricity Regulatory Commission’s (CERC) proposed implementation of market coupling in Day Ahead Market (DAM) segment of power exchanges from January 2026 may have little benefit for the power sector and is contrary to the findings of the pilot study conducted by Grid Controller of India, according to industry officials and analysts. They

[ad_1] More than 3.30 lakh citizens have pledged their organs, since launch of the Aadhar-based NOTTO online pledge website in 2023, and this marks a historic moment in public participation in organ donation, said Union Health Minister JP Nadda, on organ donation day. India performed over 18,900 organ transplants in 2024, the highest ever recorded