Month: June 2026
Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparency
New Delhi: The government is preparing to introduce norms to standardize edible oil pack sizes, a move industry executives say could improve price transparency for…
PhysicsWallah revises lending strategy, to partner with NBFCs for student loans
Days after revealing that it had infused Rs 120 crore in its wholly-owned subsidiary FinZ Partners to ramp up its loan play, edtech platform PhysicsWallah…
Money market-volumes jump to record as bank lending booms
India’s money-market turnover jumped to a record as state-owned lenders stepped up borrowing to fund booming credit demand. The value of trades in the so-called…
RBI tightens rules for banks for disabling/restricting mobile devices in the event of loan default: What you should know
On 20th May 2026, the RBI issued a draft circular amending the directions on the conduct of banks in the recovery of loans and the…
Lenskart shares fall 2% on Softbank’s Rs 2,873-crore stake sale; draws Goldman, Fidelity, others
Shares of Lenskart Solutions fell over 2% to their day’s low of Rs 505 on the BSE on Thursday after SoftBank affiliate SVF II Lightbulb…
Honeywell’s Quantinuum raises $1.68 billion in US IPO as quantum computing heats up
Honeywell‘s Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked…
US plans additional 12.5% tariff; India says talks on Section 301 probes ongoing
New Delhi: In a move that could add pressure on India to quickly conclude a bilateral trade deal with the US, the US Trade Representative…
Norms issued to estimate District Domestic Product
New Delhi: The statistics ministry on Wednesday released uniform guidelines for estimating district domestic product (DDP), introducing standardised indicators, sector-specific estimation methodologies, and a greater…
We expect interest rates to be left the way they are: Ficci chief Anant Goenka
New Delhi: The immediate, short-term impact of the West Asia crisis, seen in April when supply chains had broken down and the key focus was…
OECD sees India growth slowing to 6.3% from 7.6% in FY27
New Delhi: India’s economic growth is projected to slow to 6.3% in fiscal 2027 from 7.6% last financial year, reflecting the impact of higher energy…