Global Regulators Scrutinise Hedge Fund Bond Leverage Risks
BOE and BIS warn of financial stability risks from hedge funds' high leverage in repo markets. New rules on minimum haircuts could cap profitability. Read the full analysis.
Category : Business
Chennai Metro Train Stalls, 25 Evacuated in Tunnel
A Chennai Metro train stalled in an underground tunnel due to a rare dual battery failure. 25 passengers were safely evacuated. Read details on the incident and CMRL's response.
Scientist Calls for Biofortified, Heat-Tolerant Crop Varieties
Eminent agricultural scientist S S Chahal urges focus on water-efficient, nutrient-rich crops to meet India's nutritional security challenge. Details from the BAU Rabi Council meeting inside.
Bank Clerk Arrested for Misappropriating ₹6.28 Lakh in Berhampur
A 40-year-old bank clerk in Berhampur has been arrested for allegedly misappropriating over ₹6.28 lakh from 26 savings accounts. The fraud was uncovered after customers complained. Read the full details of the case and ongoing police investigation.
SBI, HDFC, ICICI remain D-SIBs, need extra capital: RBI
RBI continues to designate SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), requiring them to maintain higher capital buffers. Details on new CET1 requirements inside.
PFRDA's New NPS Platform to Channel Pension Funds into AIFs
PFRDA chairman S Ramann announces a dedicated NPS fund-of-funds platform to route pension money into AIFs, aiming to provide stable, long-term capital for India's private markets. Discover how this move will reshape domestic capital formation.
IRFC's $300M Loan Marks Return to International Borrowing
Indian Railway Finance Corporation signs a major $300 million loan with Japan's SMBC at GIFT City. This strategic move aims to cut borrowing costs and fund key railway infrastructure projects. Read more.
Laterite Stone Price Falls in Mangaluru, More Drops Expected
Mangaluru Deputy Commissioner announces laterite stone price drop from Rs 65 to Rs 45, with further reduction expected. 59 extraction permits issued to boost supply. Read for details on sand mining and road repairs.
Rupee Hits Record Low, RBI Defends 90 vs Dollar
The Indian rupee plunged to a historic low of 89.87 against the US dollar, saved from hitting 90 by RBI intervention. Experts warn of further pressure from global factors and trade deficits. Read more.
Meesho Raises ₹2,439 Crore in Anchor Round Before IPO
E-commerce platform Meesho secures ₹2,439 crore from marquee investors in its anchor book round ahead of its highly anticipated initial public offering (IPO). Read the full details and analysis here.
Moody's reaffirms ICICI Bank's Baa3 rating, stable outlook
Moody's reaffirms ICICI Bank's Baa3 rating, citing robust financials, strong asset quality, and profitability. Read the full analysis of India's second-largest private bank.
Dell Billionaires Pledge $6.25B for Children's Trusts
Billionaires Michael and Susan Dell pledge $6.25 billion to their children's trust funds. Discover their net worth and philanthropic journey. Read more.
Silver Hits Rs 1.8 Lakh/kg, Becomes a 2025 Multibagger
Silver prices skyrocket over 103% in 2025, crossing Rs 1.8 lakh per kg. Analysts predict further rally to Rs 2 lakh by Diwali 2026. See which stocks also delivered multibagger returns.
Dr Reddy's Wins Delhi HC Nod to Export Semaglutide
Delhi High Court permits Dr Reddy's to export generic semaglutide, a major win for Indian drugmakers eyeing the booming anti-obesity market. Read the full analysis.
Karnataka's Renewable Energy Capacity Hits 25,675 MW
Union Minister Pralhad Joshi announced Karnataka's renewable energy capacity has reached 25,675.39 MW. Over 14,000 rooftop solar systems have been installed, powering 22,313 households. Discover the state's green energy progress.
Air India System Glitch Disrupts Check-ins, Flights Hit
A major third-party system failure crippled Air India's check-in operations across multiple Indian airports on December 2, 2025, causing significant passenger delays and flight disruptions. Get the latest updates here.
US Cyber Week sales hit record $44.2 billion in 2024
American shoppers spent a record $44.2 billion online during Cyber Week 2024, a 7.7% jump from last year. Discover how deep discounts and AI tools fueled this historic shopping spree.
FICCI Chief Calls for RBI Rate Cut to Boost Growth
FICCI President Anant Goenka urges RBI for a 25 basis point rate cut in December, citing benign inflation and stable crude oil prices to spur economic growth.
India's Defence Growth Outpaces China in 2024: SIPRI
SIPRI reports global arms revenue hit a record $679B in 2024. India's HAL, BEL, MDL grew 8.2% to $7.5B, while Chinese firms declined. Explore the shifting dynamics.
Dakshina Kannada Designated as District Export Hub
Union Minister Jitin Prasada announces Dakshina Kannada as a District Export Hub. The DEH initiative targets local export barriers in logistics and warehousing. Read more.
GetReplies Secures $1M Seed Funding for AI Marketing Platform
Bangalore startup GetReplies launches an Agentic AI platform to unify fragmented marketing workflows, backed by $1M in seed funding led by Patni Family Office. Discover how it transforms B2B marketing.
Harmanpreet Kaur Joins PNB as Brand Ambassador
Indian cricket captain Harmanpreet Kaur partners with Punjab National Bank as its first female brand ambassador and launches the new PNB RuPay Metal Credit Card Luxura. Discover the exclusive benefits.
India's Arecanut Imports Hit 42,230 Tonnes: Goyal
Union Minister Piyush Goyal reveals India imported 42,230 tonnes of arecanut last fiscal. While export value rose 35.69% in a decade, volume remains stagnant. Get the full analysis.
Iraqi company accuses Gujarat couple of Rs 1.63 crore fraud
An Iraqi trading company accuses a Gondal couple of cheating it of Rs 1.63 crore in a groundnut and sesame export deal. Legal action initiated. Read the full details of the alleged fraud.
Russian equity inflows to India triple, hit 4-year high
Russian investments in Indian equities tripled to $1.1 billion in FY25, the highest in four years, amid shifting global capital flows. Discover the key drivers and market impact.
New Govt Credit Model to Boost Digital Lending for MSMEs
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
Banking Complaints Jump 13% Under RBI Ombudsman Scheme
Consumer complaints to RBI Ombudsman rose 13.55% in FY25, with banks facing most grievances. Learn the top complaint categories and how to file your complaint.
Maruti eVitara gets 5-star Bharat NCAP, Maruti's top safety score
Maruti Suzuki's first electric SUV, the eVitara, achieves a record 5-star Bharat NCAP rating. Get details on safety features, battery options, and India launch plans for 2026.
Bharat Taxi: Driver-Owned Ride-Hailing App Launches
India's first driver-owned mobility cooperative, Bharat Taxi, launches to challenge Ola and Uber. Check its key features, cooperative model, and how it benefits drivers.
SC rejects RIL plea against Rs 30 lakh fine in Jio-Facebook case
Supreme Court dismisses RIL's appeal against SAT order imposing a Rs 30 lakh penalty in the Jio-Facebook deal case. RIL argued full compliance with regulations. Read for details.
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