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Mumbai rains today: IMD issues orange alert as financial capital records 150 mm rain in 24 hrs; Mandavi tops rainfall chartMumbai weather: The financial capital experienced intense rainfall, with Mandavi Fire Station recording 150.2 mm. Widespread waterlogging h...
Cheaper oil, RBI support fail to lift rupee amid dollar demandThe Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign b...
India's solar sector a big opportunity, could become exporter to Europe: Renewables Norway CEOIndia's burgeoning solar power sector is a significant driver for global climate action, according to Renewables Norway CEO Bard Vegar Solh...
Mumbai rains today: IMD issues red alert as heavy showers lash financial capital, several areas witness waterloggingMumbai rain: The financial capital experienced heavy downpours, prompting an red alert from the IMD. Significant waterlogging was reported ...
Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...
Mumbai rains today: Are schools closed? Local trains, flights running? Latest updatesMumbai, Thane, and Palghar are under a red alert with heavy to very heavy rainfall expected. Severe waterlogging has impacted normal life i...
Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...
Several parts of Mumbai receive 100 mm of rains in 24 hours; local train services face delaysMumbai experienced significant rainfall, with several areas receiving over 100 mm in 24 hours, leading to waterlogging in the Andheri subwa...
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 ...
Bombay High Court grants relief to Vadilal Mumbai branch in dispute over brand rightsThe Bombay High Court has granted interim protection to the Mumbai branch of Vadilal ice cream, recognizing its long-standing rights to the...
Capri Global eyes up to $500 million offshore bond issueCapri Global Capital is venturing into international markets for the first time, planning to raise $300-500 million through overseas bonds....
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time highGIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India's offshore derivative...
Mumbai weather: Heavy overnight showers drench suburbs; over 100 mm rain recorded in several areasMumbai weather news: Suburbs were drenched overnight, with several areas receiving over 100 mm of rain in just four hours. Mulund's Veena N...
This floating city is so massive it could carry an entire town across the ocean, and it has schools, parks and hospitalFreedom Ship, the proposed 80,000-resident floating city, is pushing the boundaries of ocean living. This massive vessel could combine home...
Global Market: South Korea to extend won trading to 24 hours in bid to boost global appealSouth Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is exp...
ONGC, bp sign technical services contract to boost production from Western Offshore BasinONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...
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...
Rajesh Exports under ED lens after probe finds missing records and Rs 3,000 crore opaque transactionsThe Enforcement Directorate has uncovered significant suspected violations of the Foreign Exchange Management Act (FEMA) during searches at...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
Don't leave Mumbai high and dryMumbai's recent rainfall was a welcome but fleeting relief for its struggling reservoirs. However, true water security in the city depends ...