Latest News, Updates & Breaking Headlines
The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2018–19 Series-I, issued on May 4, 2018, under the Government of India’s Sovereign Gold Bond Scheme, according to an ET report. Eligible investors can opt for early redemption of their holdings on November 4, 2025, in line…
Representative image (Picture credit: ANI) India’s corporate deal market continued its strong upward momentum in the third quarter of 2025 (July–September), notching up 999 transactions worth $44.3 billion, according to a report by PwC. This marks the highest level in six quarters, reflecting a 13 per cent rise in deal volume and a 64 per…
The diversification strategy that India adopted after the US imposed a steep 50% tariff on Indian goods, is beginning to yield early gains.With exporters suddenly facing the higher duty, introduced in two phases: 25% from 7 August and doubled to 50% from 25 August, many have turned towards alternative markets across Asia, Europe and the…
SBI Q2 results: State Bank of India (SBI) reported a standalone net profit of Rs 20,160 crore for the second quarter of FY26, marking a year-on-year rise of 9.97%, as per the lender’s regulatory filing released on Tuesday.SBI stock hit a 52-week high in trade today after beginning the day at Rs 952.25. It closed…
MUMBAI: State Bank of India (SBI) reported a 10% rise in standalone net profit for the quarter ended Sept 2025, aided by a one-time gain from the sale of its stake in Yes Bank and steady loan growth, even as margins remained under pressure. During the quarter the bank’s total business crossed the Rs 100…
Central banks worldwide increased their gold acquisitions during the third quarter of this year, with a net addition of 220 tonnes. (AI image) Betting big on gold as a reserve asset, central banks around the world have ramped up their gold reserves in the third quarter of the ongoing calendar year 2025. Gold is traditionally…
Lenskart Solutions, India’s largest eyewear retailer, is in the final day of bidding for its Rs 7,278-crore initial public offering. Interest from investors has been firm so far. By the end of the second day, bids were placed for 20.11 crore shares, compared with the 9.97 crore shares available, taking total subscription to 2.02 times.While…
NEW DELHI: Amid global trade headwinds, PM Narendra Modi on Monday met key export bodies to discuss “export competitiveness”.The meeting, which included representatives from textiles and apparel, seafood, engineering, leather sectors and gems and jewellery, comes at a time when US tariffs have hit these segments hard, with others such as electronics and pharma going…
BENGALURU: The Supreme Court has rejected petitions filed by Think & Learn, the parent of Byju’s, and its US-based lender GLAS Trust Company, giving its subsidiary Aakash Educational Services (AESL) the green signal to proceed with its planned rights issue and raise funds.The dismissal of the civil appeals upholds the National Company Law Appellate Tribunal’s…
NEW DELHI: A team of senior negotiators from the European Union (EU) is here for discussions with Indian counterparts on the proposed Free Trade Agreement (FTA). The talks, which began on Nov 3 and expected to last till Nov 7, aim to resolve key outstanding issues and advance the agreement toward a “balanced and equitable…
