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Corporate India’s overseas FDI commitments halve in MayIn May, Indian businesses tightened their belts when it came to overseas investments, marking a notable decline from April's figures. A dro...- RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- India's outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI dataIndia's outward FDI commitments saw a significant 49.02% month-on-month drop to USD 4.49 billion in May 2026, primarily due to reduced equi...
- Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
- India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
- IRCTC cracks down on errant e-catering entitiesThe railway public sector undertaking listed 14 websites as non-compliant operators and said legal proceedings have been initiated. It also...
- Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MFA promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya B...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
- Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
- Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...
- PSUs to get concessional forex swaps to boost external borrowingsThe Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...
- US blocks Pakistan-China bid to sanction Balochistan Liberation Army under UN 1267 regimeThe recent move by the United States to reject a joint proposal from Pakistan and China to label the Balochistan Liberation Army and the Ma...
- RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
- RBI says fully prepared for 'Mythos' cyber threat; advisories issued to regulated entitiesThe Reserve Bank of India is ready for cyber threats from the Mythos platform. Advisories have been sent to financial entities. The RBI is ...
- RBI says it is fully prepared for Anthropic's frontier AI model MythosIndia's central bank is fully prepared for Anthropic's advanced AI model, Mythos, despite awaiting final project details. Advisories have b...
- Vedanta demerger: How will the mega restructuring impact dividend payouts for shareholders?Vedanta has completed a major demerger, splitting into four new companies. Investors are now assessing how this restructuring will affect t...
- Pakistan 'problematic player', 'unreliable' mediator: Israeli envoyIsraeli Ambassador Reuven Azar expressed doubts about Pakistan's mediation capabilities, calling it a "problematic player" and warning Indi...
- Indian cyber, telecom, banking & finance firms get access to Mythos; IT left outSeveral Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model...
- Alkem Labs sees Rs 930 crore block deal as promoter family entities pare stake; Goldman, Morgan Stanley among key buyersAlkem Laboratories shares experienced significant block deals totaling Rs 930 crore. Promoter family entities divested shares to a group of...
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