Business
Image for representational purposes only. | Photo Credit: Reuters The rupee traded in a narrow range against the U.S. dollar in early trade on Wednesday (June 18, 2025) as the prevailing risk-off sentiments, and rising crude oil prices weighed on the local unit. At the interbank foreign exchange, the domestic unit witnessed heavy volatility. It…
A screen displaying the Sensex is pictured at the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty bounced back after falling in opening trade on Wednesday (June 18, 2025) amid fresh foreign fund inflows and buying in blue-chip stocks Reliance Industries and ICICI Bank. Despite a weak…
New Delhi: Civil Aviation Minister Ram Mohan Naidu has undertaken a comprehensive review of safety, passenger facilitation, and airline performance in the wake of the tragic crash involving the Air India flight seconds after take-off from the Ahmedabad airport. The Minister held a meeting with the Chairman & Managing Director of Air India, Campbell Wilson,…
LONDON: Fugitive diamond merchant Mehul Choksi is suing the Indian govt and five other people in the London high court for orchestrating what he refers to as his “kidnapping” from Antigua in 2021 in an alleged honeytrap plot.Choksi has claimed in the preliminary hearing that five people working for R&AW kidnapped him in Antigua and…
President Donald Trump said he would hold another meeting Wednesday to discuss the conflict in the Middle East but remained coy about whether the US plans to join Israel’s offensive aimed at destroying Iran’s nuclear enrichment program. Trump told reporters he would meet his advisers in the White House Situation Room and again chastised Tehran…
Investors in GIDC estates must submit self-certifications for Plinth Check during construction, signed by authorized architects. This self-regulatory process accelerates project timelines while maintaining structural compliance. Source link
In today’s volatile market conditions, fixed deposits (FDs) continue to be one of the safest and most trusted investment options for risk-averse investors. For many people, especially senior citizens, parking funds in a fixed deposit account with a small finance bank (SFB) ensures stable returns while staying protected from daily market ups and downs. What…
My current health insurance policy has a room rent capping, and it’s up for renewal in July. My advisor has suggested that I consider porting the policy to another insurer that doesn’t have such a cap. I wanted to understand what porting means. If I choose to port, will it affect my future claims? I…
The amendments are a welcome move as they enhance investor protection and ensure that only credible and ‘well governed’ entities are allowed to act as intermediaries, says Sonam Chandwani, Managing Partner at KS Legal & Associates. | Photo Credit: HEMANSHI KAMANI Securities and Exchange Board of India (SEBI) said merchant bankers (MB) can now engage…
The regulating body commenced their review of Gensol Engineering April this year amidst regulators’ actions against the entity for allegedly having diverted business funds raised for personal purchases. Photo: X/@GensolGroup President of the Institute of Chartered Accountants of India (ICAI), Charanjot Singh Nanda informed Wednesday (June 18, 2025) that their review of the financial statements of…
Image for representational purposes only. | Photo Credit: File Photo The story so far: Escalating tensions between West Asian nations Iran and Israel since last week sent prices of oil spiralling upwards with fears mounting about a potential disruption in oil supplies globally. The benchmark Brent crude futures had soared about 9% Friday (June 13)…
SRINAGAR: Alarmed by the unhealthy level of arsenic in the Indus waters, Ladakh Autonomous Hill Development Council (LAHDC) on Thursday decided to launch a large-scale community-driven cleanliness campaign involving Army, ITBP, BRO, local bodies, and the public.Recent water tests have revealed that the arsenic levels in the Indus waters are more than that found in…
After construction, investors in GIDC estates must submit a self-certified Building Completion Check signed by an authorized architect. The online submission process ensures compliance with final construction standards and facilitates timely project closure. Source link
Patil Automation IPO allotment status: Following the closure of the initial public offering (IPO) of Patil Automation, the focus has shifted to its allotment status following a robust demand for the public offer and decent grey market trends. Patil Automation IPO allotment date is fixed as Thursday, June 19. Overall, the IPO garnered 101.42 times…
(Bloomberg) — Chicago’s city council voted to give its police chief the green light to enforce temporary curfews for minors in a bid to curb violence that has typically ramped up during the summer months, prompting Mayor Brandon Johnson to vow to block the measure. The council approved a proposal Wednesday to allow Police Superintendent…
Entrusted with the prudent management of Telangana’s financial resources, the State Finance Department ensures meticulous maintenance of all financial transaction records. It also plays a crucial role in formulating and administering the state’s fiscal policies. Source link
