Headline CPI inflation increased marginally in July. MUMBAI: The Indian economy remains resilient despite external headwinds, but below-normal monsoon prospects, higher crude oil prices, geopolitical tensions and global trade uncertainty pose risks to growth and inflation, according to the State of the Economy article in RBI’s Aug bulletin.The assessment also pointed to firm domestic demand,…
In its clarification, Federal Bank said it evaluates opportunities for growth and expansion in the ordinary course of business. MUMBAI: Shares of Federal Bank closed 3% lower on Tuesday after reports that the lender was pursuing a merger with Jana Small Finance Bank, while Jana SFB fell 2% as sensex closed flat. Both banks later…
Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…
Cristiano Ronaldo watches on as 10-man Al Nassr produce stunning comeback against Al Ettifaq Al Nassr looked destined for a frustrating night after losing their goalkeeper to a straight red card inside 12 minutes, falling 2-0 behind before half-time and then losing Cristiano Ronaldo at the break.Instead, they somehow turned the game completely on its…
Report’s findings show a significant turnaround in banking efficiency from FY15 to FY26. MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without compromising competition, as reforms over the past decade have sharply improved banking efficiency and reduced…
The company said Rs 75 crore was in transit and credited after the deadline. MUMBAI: Zee Entertainment Enterprises has asked the Securities Appellate Tribunal for a one-day extension to complete a warrant subscription by its promoter entity, after part of the funds due arrived late. The company told SAT that about Rs 75 crore of…
Anant Goenka also flagged challenges faced by pharma companies in registering their products in Japan. TOKYO: Ficci president Anant Goenka Tuesday said businesses have flagged concerns over current bilateral trade deal between India and Japan, which has resulted in widening of trade deficit since it was signed, and access to market here and suggested changes…
Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking…
Bruno Fernandes with his PFA players player of the year award during the PFA Awards 2026 at Manchester Opera House, Manchester, England, Tuesday Aug. 25, 2026. (Peter Byrne/PA via AP) Bruno Fernandes has capped a remarkable 2025-26 campaign by being named the PFA Players’ Player of the Year, completing a personal clean sweep of the…
Manchester City’s Erling Haaland warms up prior to the English Premier League soccer match between Manchester City and Bournemouth in Manchester, England, Sunday, Aug. 23, 2026. (AP Photo/Dave Thompson) Erling Haaland’s future at Manchester City may be secure for now, but one former City midfielder believes the Norwegian’s long-term stay at the Etihad should not…
