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Global Market: M&A hits record $2.8 trillion in H1 2026 as mega-deals dominate activityGlobal M&A activity hit a record Rs 2.8 trillion in the first half of 2026, driven by a surge in mega-deals above $10 billion. Supportive f...
NCLAT revives IL&FS plea in Rs 1,080 crore circuitous transactions, sets aside NCLT orderThe National Company Law Appellate Tribunal (NCLAT) has revived IL&FS's plea concerning Rs 1,080 crore in alleged circuitous lending transa...
SBI boosts AI-powered banking with new digital journeys for retail, corporate customersThe announcements span SBI's YONO platform, introducing new customer journeys, AI-driven capabilities and industry-first features that simp...
SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
Jana Holdings to pare Jana Bank stake to repay its bond holdersJana Holdings plans to reduce its stake in Jana Small Finance Bank to below 10% from 17% to meet bondholder payment obligations, including ...
Samsung launches Galaxy A27 5G with Gemini AI, 6 years of updates starting at Rs 28,999Samsung has unveiled its new Galaxy A27 5G in India, bringing advanced AI capabilities like Google Gemini and Perplexity to its mid-range s...
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
Govt approves proposal to amend Khadi and Village Industries Commission ActThe government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to bo...
Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
8th Pay Commission: Key deadline ends today; why this step is important for central government employees’ salary hikeCentral government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly o...
Leading Indian brokerages gear up to offer seamless access to global stocks via GIFT CityIndian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and...
AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...
IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...