India has signed Memorandums of Understanding (MoUs) and cooperation agreements with 23 countries to promote the adoption and exchange of its Digital Public Infrastructure (DPI) platforms developed under the India Stack initiative. These agreements aim to strengthen international collaboration in areas such as digital identity, digital payments, data…
SEPC Limited has reported a marked improvement in its financial performance for the third quarter and the nine months ended December 31, 2025, as reflected in its unaudited standalone and consolidated results. The company’s stronger showing was driven by higher operational income and improved profitability compared with the…
India’s banking landscape is set to undergo a key reform as deposit insurance premiums will soon be linked to the risk profile of individual banks, replacing the long-standing uniform pricing system, according to a Reuters report. Shift from Flat-Rate to Risk-Sensitive Pricing The Reserve Bank of India (RBI)…
The Reserve Bank of India (RBI) has eased branch expansion norms for select non-banking financial companies (NBFCs), a move aimed at enhancing operational flexibility for lenders specialising in loans against gold, according to media reports. No Prior Approval Needed for New Branches Under the revised guidelines, NBFCs engaged…
Efforts by the Reserve Bank of India (RBI) and the central government to help individuals recover unclaimed financial assets have begun to deliver strong results, with payouts to depositors witnessing a significant surge in recent months. Monthly Recoveries Show Strong Upward Trend According to data released by the…
Tata Steel: To invest ₹515 crore to set up a new iodised vacuum salt dried manufacturing facility in Tamil Nadu. Crompton Greaves Consumer Electricals: Launched a new range of insulated cables for the domestic market. Tamilnad Mercantile Bank: Announced a revision in its Marginal Cost of Funds Based…
Interglobe Aviation: It informs that Competition Commision of India has issued a prima facie order to initiate an investigation against them for creating an artificial shortage of seats. Sarda Energy & Minerals: It informs that SECL has approved their arm's request to terminate an agreement between them on…
IRB Infrastructure Developers: Its InvIT executed an agreement with NHAI for a project in Odisha; the trust will pay ₹3,087 crore to NHAI over a 20-year period. Axis Bank: Clarified reports on the potential acquisition of CreditAccess Grameen, stating it continues to evaluate growth opportunities. Hindustan Aeronautics (HAL):…
NBCC (India): Received six work orders from ICMAI and the Uttarakhand Department of Fisheries, aggregating ₹271.32 crore. REC: Clarified that reports regarding a merger between PFC and REC are not based on any information available with the company. Aditya Birla Capital: Approved fund-raising via NCDs within the overall…
Finance Minister Ms. Nirmala Sitharaman has outlined a comprehensive growth strategy in the Union Budget 2026–27, placing strong emphasis on strengthening manufacturing, accelerating infrastructure development and generating employment. The approach is aimed at boosting domestic production, improving supply chain resilience and enhancing India’s global competitiveness. Push for Manufacturing…