Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending
The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) plan to acquire up to 24.99% stake in Yes Bank. This follows ...
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India-US trade talks resume: Deal unlikely unless extra 25% tariffs lifted, says GTRI; urges firm stance on farm, dairy
India-US trade negotiations face hurdles as Washington’s additional tariffs on Indian goods, linked to Russian oil imports, impede progress. The Global Trade Research Initiative suggests ...
ITR filing FY 2024-25 due date today: Income tax portal still facing glitches despite deadline extension? What taxpayers are saying
ITR filing FY 2024-25 due day extension: Taxpayers are reportedly facing persistent technical issues on the Income Tax e-filing portal even after the Finance Ministry ...
Gold loans surge as small borrowers shun MFIs: 122% jump in June, shows RBI data; soaring prices, lower rates fuel shift
Lower-income individuals are increasingly opting for gold loans over microfinance due to rising gold prices and stricter MFI lending norms. Gold-backed loans have surged by ...
India’s first private-sector strategic petroleum reserve! Megha Engineering bags Rs 5,700-crore project; why it’s important
Megha Engineering has secured a Rs 5,700 crore contract to build and manage India’s first private strategic petroleum reserve in Padur, Karnataka. This 2.5 MMT ...
Russia’s economy to outpace global growth; focus on fiscal stability, technology and foreign ties: Putin
Vladimir Putin emphasized Russia’s need for economic growth to surpass global rates, linking fiscal stability and project implementation to economic performance. He advocated leveraging domestic ...