BUSINESS

Sensex Rises 677 Points, Nifty At 24,946; All Sectors Settle In Green

Indian stock markets rose sharply on Monday, June 16, despite the rising tensions in West Asia.

NEWS18
7 hours ago
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BANKING

SBI cuts savings rate to 2.50%; retail TDs rates down by 25 bps

Lending rate benchmarks such as EBLR and RLLR too cut by 50 bps

THE HINDU BUSINESS LINE
1 hour ago
BANKING

Dhanlaxmi Bank shareholders’ approve Khajuria’s appointment as Independent Director

He was the Executive Director of Federal Bank for 7 years, and also held the positions of Chief Financial Officer, Chief Credit Officer and Head - Treasury of the Bank over the years

THE HINDU BUSINESS LINE
1 hour ago
BUSINESS

Zee Entertainment Enterprises Secures Rs 2,237 Cr Funding Through Promoter Warrant Issue

Zee Entertainment has approved the issuance of up to 16.95 crore fully convertible warrants to promoter group entities at Rs 132 each, raising Rs 2,237 crore.

ZEE NEWS
1 hour ago
BUSINESS

RBI's new regulation? Issues draft norms on Rupee interest rate derivatives; allows non-resident to undertake transactions

The Reserve Bank of India has released draft regulations to update rules for Rupee Interest Rate Derivatives, aligning the framework with market practices and increased non-resident participation. These proposed changes allow non-reside ...more

TIMES OF INDIA
1 hour ago
ECONOMY

‘India, US working on early tranche of trade pact by July 9’

It is not clear how the US will give commitments on reducing MFN tariffs in the absence of Congress TPA

THE HINDU BUSINESS LINE
1 hour ago
BUSINESS

Granules India will be one of the strong players in pharma R&D going forward, says Executive Director Priyanka Chigurupati

businessline spoke to Granules India Executive Director Priyanka Chigurupati on the road ahead for the company and industry

THE HINDU BUSINESS LINE
2 hours ago
BUSINESS

India-US trade: Merchandise exports to Washington up 16.9%; imports dip to $3.62 billion in May

India's exports to the US surged by 16.93% in May, reaching $8.83 billion, while imports dipped by 5.76%. This upward trend continued into April-May, with exports climbing 21.78%. Despite US tariffs on steel and aluminum, India's exposu ...more

TIMES OF INDIA
2 hours ago
STOCKS

RIL sells 85 lakh shares of Asian Paints to ICICI Pru MF

Reliance Industries sells 85 lakh shares of Asian Paints to ICICI Prudential Mutual Fund for Rs 1876 crore.

THE HINDU BUSINESS LINE
2 hours ago
BUSINESS

Foreign direct investment: Developing nations hit 20-year low; poorest countries receive just 2% of global share

The World Bank reports a significant plunge in foreign direct investment into developing economies, reaching its lowest level since 2005. This decline is attributed to rising trade and investment barriers erected by governments.

TIMES OF INDIA
2 hours ago

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