NSE IPO Bonanza: PSU banks, insurers and early investors eye huge gainsDozens of investors, including public sector banks and insurers, are poised for substantial gains from the upcoming National Stock Exchange...
19 Jun, 2026, 05.34 AM IST
India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
18 Jun, 2026, 11.04 AM IST
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
18 Jun, 2026, 06.16 AM IST
Find the best point of exit to sell PSUsGovernment disinvestment is off to a good start this fiscal year. Small stake sales in public sector undertakings are generating revenue. T...
18 Jun, 2026, 12.25 AM IST
Northeast receives Rs 11,486 crore rail budget allocation in 2026-27, says NFRNortheast India's railway infrastructure has seen a fivefold budget increase, transforming services over the past 12 years. Significant gau...
17 Jun, 2026, 02.57 PM IST
HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISROHindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capi...
17 Jun, 2026, 08.45 AM IST
Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...
17 Jun, 2026, 06.02 AM IST
CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
16 Jun, 2026, 11.56 PM IST
States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
16 Jun, 2026, 05.54 PM IST
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
16 Jun, 2026, 11.14 AM IST
Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
16 Jun, 2026, 09.25 AM IST
Pakistan eyes more global bond issues, sees budget upside from Iran dealPakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran...
16 Jun, 2026, 09.13 AM IST
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
16 Jun, 2026, 05.30 AM IST
Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
15 Jun, 2026, 04.27 PM IST
Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and moreHighest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Smal...
13 Jun, 2026, 03.54 PM IST
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...
12 Jun, 2026, 01.31 AM IST
Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...
11 Jun, 2026, 05.40 PM IST