RBI Bars Banks, NBFCs from Selling Stressed Assets Back to Defaulting Borrowers
The Reserve Bank of India (RBI) has barred banks, non-banking financial companies (NBFCs), and other regulated entities from selling acquired…
From the newsroom
LPG subsidy bill to cross Rs 1 lakh crore in FY27
India’s liquefied petroleum gas (LPG) subsidy bill could exceed ₹1 lakh crore in FY27, creating a funding gap of nearly…
Godrej Consumer’s Bangladesh Business Returns to Profit After 4 Years
Godrej Consumer Products Ltd. (GCPL) has achieved a significant turnaround in its Bangladesh operations, with the business returning to profitability…
Reliance to Enter Australia and Africa FMCG Markets
Reliance Industries is preparing to expand its fast-moving consumer goods (FMCG) business beyond India, with the company planning to enter…
India’s Forex Reserves Rise $964 Million to $675.15 Billion: RBI
India’s foreign exchange reserves rose by $964 million to $675.15 billion during the week ended July 10, marking the second…
Tata Electronics to Begin India’s First Chip Fab with 90nm Process Technology
India’s ambitious semiconductor manufacturing push is set to begin with mature 90-nanometre (90nm) process technology, as Tata Electronics prepares to…
Elon Musk’s Net Worth Falls to $797 Billion
Elon Musk’s net worth has fallen to $797 billion, reflecting recent declines in the value of his holdings as fluctuations…
Reliance O2C Revenue Rises 30% in Q1 on Higher Crude Oil Prices
Reliance Industries’ Oil-to-Chemicals (O2C) business reported a 30% year-on-year increase in revenue during the latest quarter, supported by a sharp…
Jio cross 530 million users
Reliance Jio continued to strengthen its leadership in India’s telecom sector during the latest quarter, with its subscriber base crossing…
Meta AI now alerts parents if teens talk about suicide
Meta has introduced a new safety feature that alerts parents if a supervised teen’s conversation with Meta AI suggests they…