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Wednesday, June 26, 2024
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Economy

India’s Vedanta to raise $120 million via debt issue

BENGALURU (Reuters) - Indian metals-to-oil conglomerate Vedanta will raise up to 10 billion rupees (nearly $120 million) by issuing non-convertible debentures through a private placement, the company

Government monetizes assets worth Rs 3.85 lakh crore through National Monetisation Pipeline, Coal and MoRTH ministry biggest contributor

New Delhi , June 20 (ANI): The government has successfully monetized Rs 3.85 lakh crore through the core assets of various ministries and Public...

Asian shares steady, sterling treads with caution ahead of BoE meeting

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks took a breather on Thursday, hovering near their highest in two years as traders waited for more U.S. policy clues, while sterling was steady before

Dollar firms; sterling steady ahead of BoE decision

By Rae Wee SINGAPORE (Reuters) -The British pound held broadly steady on Thursday ahead of the Bank of England's (BoE) rate-setting meeting while the dollar firmed a touch, though moves were subdued

India financial watchdog imposes $2.25 million penalty on Binance

MUMBAI (Reuters) - India's Financial Intelligence Unit (FIU) imposed a fine of 188.2 million rupees ($2.25 million) on Binance, the world's largest crypto exchange, for operating in the country in

Rupee edges lower as decline in Asian peers counters upward bias

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee was little changed on Thursday as weakness in Asian currencies offset a broadly positive bias on the rupee amid expectations of portfolio inflows

Credit growth up by 19.3 pc, crosses deposit growth; PVBs outpace PSBs: CareEdge

New Delhi , June 20 (ANI): The Scheduled Commercial Banks (SCBs) in India have reported a significant increase in credit offtake, with a year-on-year...

North Indian tea output may be hit by 60 million kgs till June

Kolkata, Jun 20 (PTI) The North Indian tea industry is facing a production shortfall of 60 million kgs till June of the current...

India’s Religare asked to seek regulatory nod for top investor raising stake

BENGALURU (Reuters) - India's markets regulator has asked Religare Enterprises to apply for approvals to let the billionaire Burman family buy more shares in the financial services company, dealing a

Stock market opens in green amid mixed global cues

New Delhi , June 20 (ANI): The stock market started the trading session on a positive note today, showing cautious optimism amid mixed global...

On Camera

Deepika Padukone isn’t faking her pregnancy. Internet ‘critics’ need a refresher on biology

One of the comments on her recent picture, read: “She is not able to do the role of a pregnant woman properly”. It's a nasty cocktail of misogyny and an ignorance of basic human biology.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

India’s 15-yr quest for anti-tank missile: Israeli Spike, DRDO option, back to US for Javelin talks

Recent high-profile visit was of US National Security Adviser this month during which a number of key issues, including military cooperation, was discussed by both sides.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.