NSE discloses dispute over mistakenly credited shares worth over Rs 1 crore in DRHP
Mumbai, June 19 (IANS) The National Stock Exchange (NSE) has disclosed in its draft red herring prospectus (DRHP) for its proposed initial public offering (IPO) that it filed a police complaint over the alleged wrongful retention and sale of shares that…
CM Satheesan’s ‘New Age Kerala’ Budget, investment push amid financial storm (Ld)
Thiruvananthapuram, June 19 (IANS) After more than two-and-a-half decades as a legislator, Kerala Chief Minister V.D. Satheesan presented his maiden Budget on Friday. With the presentation of the revised State Budget for 2026-27, CM Satheesan also…
India’s peak power demand eases as monsoon rains reduce AC use
New Delhi, June 18 (IANS) India’s peak power demand witnessed a significant decrease, falling to 241 gigawatts (GW), down from 270.8 GW in May and below the 259 GW peak, as per data from the Grid Controller of India. The power demand eased following…
Gold, silver trade lower amid Fed hawkishness, easing geopolitical tensions
Mumbai, June 18 (IANS) Gold and silver prices traded lower on Thursday after easing geopolitical tensions, and the US Federal Reserve kept interest rates unchanged while signalling support for additional rate hikes. On the Multi Commodity Exchange (MCX),…
US entering ‘particularly risky period’ amid rising debt, deficits: Veteran investor Ray Dalio
New Delhi, June 18 (IANS) US hedge fund billionaire Ray Dalio has warned that the United States is entering a “particularly risky period between the 2026 midterm elections and the 2028 presidential election,” due to widening fiscal deficits, rising…
RBI compounds FEMA violations in Apollo Hospitals case with Rs 17.77 crore fine
New Delhi, June 17 (IANS) The Reserve Bank of India (RBI) on Wednesday issued a compounding order under Section 15 of the Foreign Exchange Management Act (FEMA), in the case of M/s. Apollo Hospitals Enterprises Limited and its five concerned directors…
G7 Summit: PM Modi’s multi-alignment approach delivers tangible economic outcomes
Evian (France), June 17 (IANS) Prime Minister Narendra Modi’s bilateral meetings at the G7 Summit highlighted how India’s multi-alignment approach is bearing fruit across major global economies. After PM Modi’s meeting with his UK…
Primary coolant pump test facility inaugurated at Tarapur atomic power station
New Delhi, June 17 (IANS) Ajit Kumar Mohanty, Department of Atomic Energy (DAE) Secretary and Atomic Energy Commission (AEC) Chairman, inaugurated the Primary Coolant Pump Test Facility at the Tarapur Atomic Power Station (TAPS) on Wednesday and reviewed…
UK India Business Council celebrates final go ahead to FTA
New Delhi, June 17 (IANS) The UK India Business Council (UKIBC) on Wednesday welcomed the “Entry Into Force” announcement, which constitutes the final go ahead for the landmark Comprehensive Economic Trade Agreement (CETA) between the two…
India-UK trade pact operational from July 15, PM Modi calls it ‘historic milestone’
New Delhi, June 17 (IANS) India and the United Kingdom on Wednesday announced that the Comprehensive Economic and Trade Agreement (CETA) will enter into force on July 15, marking a new phase in the country’s economic diplomacy. Simultaneously, the…