The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.
'We are targeting a 2.5x to 3x increase in valuation by FY31.'
Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.
Punjab Kings face a must-win situation against Lucknow Super Giants to keep their IPL playoff hopes alive, needing a turnaround after a series of defeats and dependence on other match results.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
Property developers, consultants and brokers have seen a 40 per cent decline in enquiries from home buyers over the last three months.
Captains of the banking industry expect rates to move up, says Rajesh Kumar.
India should be prepared for lower GDP growth of around 7 per cent in 2008-09, according to the Mid-Year Review of the finance ministry that was tabled in Parliament on Tuesday.
Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.
Since February 2025, the RBI has reduced the policy rate by 100 basis points. In its previous policy review in June, it had trimmed the repo rate by 50 basis points to 5.5 per cent.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
Mitchell Starc dismissed Riyan Parag, Donovan Ferreira and Ravi Singh in the space of four deliveries before removing Dasun Shanaka to trigger a stunning middle-order collapse and restrict Rajasthan Royals to 193 for 8.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Volatility in lending and deposit rates witnessed during the year is expected to end in 2009 with interest rates seen to be going down, due primarily to an easy monetary stance being pursued by the Reserve Bank of India to push growth.
RBI has also announced new guidelines to price loans from April 1.
A senior SBI official dealing with the retail business confirmed the country's largest lender's decision.
Individuals and corporate borrowers face the prospect of further interest rate increases, as the Reserve Bank of India battles inflation and high credit growth.
The Reserve Bank of India in its quarterly monetary policy review has hiked rates.
The finance ministry has voiced the opinion that there was no need for the RBI to increase the key rates that could impact the banks lending rates.
State Bank of India, India's largest lender, on Thursday slashed interest rates on working capital loans to micro, small and medium enterprises by 0.5-1 per cent effective from December 16.
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
On higher amounts, banks are allowed to offer differential rates to depositors.
Concerns are rising about the status of GalaxEye Space's Mission Drishti, India's first Made in India OptoSAR satellite, launched on May 3. Reports suggest the satellite is tumbling in space, and experts highlight potential issues with solar panel deployment and stabilisation. The company has remained silent on the matter, fueling further speculation.
Finance Minister Pranab Mukherjee on Wednesday asked banks to cut interest rates and provide cheap credit to industry in order to spur economic activity.
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
Mumbai-based menswear designer Priya Patil who recently showcased at Paris Fashion Week 2026, talks about her inspiration to design and transform menswear fashion in India.
In order to boost growth amid some softening of inflation, RBI earlier this month cut the key interest rate by 0.25 per cent. It is scheduled to announce its mid-quarter policy review on June 17.
Last week, RBI raised the CRR--amount lenders need to keep with the central bank-- by 75 basis points to suck out Rs 36,000 crore (Rs 360 billion) from the system and cool down inflation.
Banks may reduce their interest rates.
Finance Minister Pranab Mukherjee to address RBI's Central Board of Directors on July 11, may discuss the government's borrowing programme.
The government plans to borrow nearly Rs 4,00,000 crore (Rs 4,000 billion) from markets during 2009-10, a rise of about 50 per cent over what it borrowed a year ago, to fund the widening fiscal deficit necessitated after stimulus doses for the economy.
The cut is being seen as an emergency measure to boost the US economy.
The Star Wars franchise as a whole has struggled creatively in recent years, and sadly, Grogu's cuteness alone is not enough to save the day, asserts Sreeju Sudhakaran.
In policy review meet in June, RBI Governor Raghuram Rajan kept interest rates intact.
RBI has, since January, cut its policy rate four times.
USD-denominated FCNR (B) deposits of maturities of one year and above but less than two years and two years and above but less than three years, have been revised upwards to 4.68 per cent from 4.64 per cent and 4.57 per cent respectively.
The government on Friday said the rise in inflation to 5.16 per cent will not put pressure on interest rates as there is ample liquidity in the economy and inflation would moderate once fresh sugar and wheat supply arrive.
Royal Challengers Bengaluru will aim to exploit Punjab Kings' bowling vulnerabilities to secure a playoff berth in the Indian Premier League. Virat Kohli's presence is a major draw for fans in Dharamsala.
A comprehensive technical framework needed, from which a more convincing policy could be demonstrated
