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FOREX CONSERVATION LIMITS IN INDIA
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...- India's forex reserves up by $963 million to $672.58 billion as of June 19India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This ro...
- Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crThe board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore...
- Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crorePower Grid Corporation's board has greenlit a significant increase in its borrowing limit to Rs 2.2 lakh crore, pending shareholder approva...
- Karnataka restores full jungle safari at Bandipur, Nagarahole tiger reservesJungle safaris are back at Bandipur and Nagarahole tiger reserves following the state government's approval of a technical committee's repo...
- 'Cheaper than a gym, but still not selling': Nithin Kamath on why Indians aren't embracing popular weight-loss drugsDespite rising obesity and affordable generic GLP-1 drugs, India lags in adoption. Nithin Kamath highlights patient retention challenges wi...
- RBI nudges banks to offer better forex rates to retail customersThe Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allo...
- Five cows abandoned on a remote island for 130 years survived against the odds, and their DNA revealed whyScientists uncover hidden history of abandoned cows: A tale of survival unfolded on Amsterdam Island, where five abandoned cattle in 1871 d...
- Life performs better in heat, but what happens next surprised scientistsGlobal warming climate change study: A groundbreaking analysis of over 30,000 experiments reveals a universal pattern in how life responds ...
- Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
- In 1944, the US Coast Guard released 29 reindeer on an Alaskan island as a food supply; 19 years later, scientists found them to be 6000, and next winter, only 42 were aliveIn 1944, 29 reindeer were introduced to Alaska's St. Matthew Island as a food source. Their population exploded to 6,000 by 1963, decimatin...
- RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
- Bihar govt approves setting up of five new private universitiesBihar's cabinet has approved the establishment of five new private universities to boost higher education access. Additionally, new teacher...
- India prepares contingency plans for 315 districts as monsoon faltersIndia is implementing contingency plans for over 300 vulnerable districts facing a potentially weak monsoon. With rains currently 43% below...
- RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
- "Got to build on that and not go backwards": British MP Bob Blackman on India-UK FTAA significant India-UK trade pact, set to take effect on July 15, promises to boost bilateral ties and open a market exceeding $500 billion...
- 500 plants, 100 birds, 25 butterfly species: At 23, Delhi boy turns home terrace into lush urban forest. How a childhood love for birdwatching sparked a mission to protect urban wildlifeAman Sharma, a 23-year-old Delhi resident, has transformed his 15,000 sq ft terrace into a thriving urban forest, a testament to his passio...
- Bharti Airtel raises stake in Airtel Africa to 79 per cent in transaction worth Rs 28,000 crBharti Airtel has significantly boosted its stake in Airtel Africa to approximately 79 percent through a Rs 28,200 crore share-swap deal. T...
- BHEL, Coal India investing Rs 25,000 crore in Odisha coal gasification project: G Kishan ReddyA significant Rs 25,000 crore investment by BHEL and Coal India Limited is set to transform Odisha's coal sector. This ambitious project wi...
- Amazon points to water conservation steps in India amid data centre scrutinyAmazon has achieved a significant water conservation milestone in India, becoming "water positive" a year ahead of schedule. This means the...
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