RBI draft circular: Banks’ capital market exposure to be limited to 20% of tier 1 capital
The Reserve Bank of India (RBI) on Friday released a draft circular proposing limits on banks’ exposure to capital markets and acquisition finance, aimed at…
VCs moving into deeptech as India’s startup space matures: Zerodha’s Nithin Kamath
Venture capital (VC) firms in India are now focussing on startups offering “more challenging, complex” solutions as the entrepreneurial ecosystem in the country matures, Zerodha…
Domestic flights up by 3.4% during upcoming winter schedule: DGCA| Business News
India’s domestic aviation sector is likely to see 26,495 flights in operation per week during the upcoming Winter Schedule 2025 (WS25), reflecting a 3.4% rise…
Forex reserves rise by USD 4.5 billion to hit USD 702.28 billion: RBI
India’s foreign exchange reserves rose by USD 4.496 billion to USD 702.28 billion for the week ending 17 October, mainly driven by an increase in…
India expands oil palm cultivation to 52,113 hectares this fiscal, led by Telangana and Andhra Pradesh
India has brought 52,113 hectares under oil palm cultivation so far this financial year, with most expansion in Telangana and Andhra Pradesh, a senior government…
IPO-bound Lenskart bags Rs 90 crore from DMart’s Radhakishan Damani
Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public…
India, US ‘very near’ to a trade agreement: Official
India and the United States are “very near” to concluding the proposed bilateral trade agreement (BTA) as both the sides are converging on most of…
Why are corn and soybeans at the heart of India-US trade talks?
U.S. President Donald Trump said this week he spoke with Indian Prime Minister Narendra Modi mainly about trade, and that Modi had assured him India…
Deepinder Goyal invests $25 mn in Continue Research to explore human longevity| Business News
Deepinder Goyal—the billionaire founder of Eternal Ltd.—has invested $25 million of his own money in his health venture Continue Research that explores human longevity in…
Sitharaman urges GST officers to be polite, empathetic toward honest taxpayers
Finance Minister Nirmala Sitharaman on Friday called on Goods and Services Tax (GST) officers to adopt a more empathetic and polite approach while dealing with…