Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
22 Jun, 2026, 05.30 AM IST
PMK opposes new tribunal on Mekedatu dam issue, urges TN Government to withdraw proposalPMK leader Anbumani Ramadoss has strongly opposed the Tamil Nadu Assembly's resolution seeking a tribunal for the Mekedatu dam issue. He wa...
21 Jun, 2026, 01.10 PM IST
Jio Platforms plans $3 billion debt reduction from IPO proceedsJio Platforms is gearing up for its IPO, planning to allocate a significant portion of the funds to repay nearly $3 billion in external com...
20 Jun, 2026, 05.53 PM IST
BSE subsidiary ICCL adopts new brand identity as BSE ClearingThe company said the transition marks a significant milestone in strengthening alignment with parent entity BSE Ltd and reinforces its role...
20 Jun, 2026, 04.41 PM IST
Saturday bank holiday: Are banks open or closed today on June 20, 2026?Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are d...
20 Jun, 2026, 07.00 AM IST
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
19 Jun, 2026, 09.01 PM IST
Reliance Jio IPO: DRHP filed with Sebi to raise around $3 billionReliance Jio has filed its draft red herring prospectus with Sebi for an IPO, planning to issue 27 crore shares. The company intends to use...
19 Jun, 2026, 08.04 PM IST
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
19 Jun, 2026, 05.02 PM IST
Rs 1 crore home today or Rs 1 crore portfolio later? 32-year-old weighs his financial options for long term wealth buildingA 32-year-old professional earning ₹2 lakh per month sparked a debate on Reddit after asking whether he should buy a ₹1 crore flat through ...
18 Jun, 2026, 07.26 PM IST
Sebi proposes easing margin trading funding rules, tighter broker normsSEBI has proposed reforms to the Margin Trading Facility, including increasing broker net-worth requirements to Rs 5 crore, permitting LLPs...
18 Jun, 2026, 07.11 PM IST
NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...
18 Jun, 2026, 12.52 AM IST
Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
17 Jun, 2026, 11.38 PM IST
Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
17 Jun, 2026, 05.58 AM IST
Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
16 Jun, 2026, 11.57 PM IST
‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
16 Jun, 2026, 12.49 AM IST
Vedanta faces buyback costs as bonds trade above par valueIn a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 bill...
13 Jun, 2026, 11.45 AM IST
How a simple home loan EMI calculation before you apply can reduce your interest burdenA home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and...
10 Jun, 2026, 11.14 AM IST