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Representative image | Photo Credit: Reuters Adani Group-owned Ambuja Cements on Monday (June 22, 2026) announced it has signed an agreement with U.K.’s Leilac Limited to collaborate on a low-carbon cement project in Gujarat’s Kutch district. The two entities would set up a commercial demonstration project at Ambuja Cements’ Sanghi plant in Kutch district to…
The uncertainties concerning the U.S.-Iran peace agreement could have an impact on the outlook through international trade, cost pressures, capital flows and commodity prices, a Reserve Bank of India (RBI) official said in the June edition of RBI Bulletin, which was released on Monday (June 22, 2026). “The global economic landscape remains fragile despite some…
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Image used for representational purposes only. | Photo Credit: PTI The Central Bureau of Investigation (CBI) has arrested Devang Mody, former Director and Chief Executive Officer (CEO) of Reliance Commercial Finance Limited (RCFL), and Ravindra Sudhalkar, former executive director and CEO of Reliance Home Finance Limited (RHFL), in connection with alleged bank fraud cases, said…
Read More “CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group cases” »
Civil Aviation Secretary Pradeep Singh Kharola. File | Photo Credit: PTI Pradeep Singh Kharola, who served as Air India’s Chairman and Managing Director before the airline’s privatisation, has returned to the carrier as executive advisor to the chairman with immediate effect, Mr. Kharola, a former Secretary in the Ministry of Civil Aviation and a veteran…
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Cred founder Kunal Shah. | Photo Credit: The Hindu WhatsApp will now be headed by Cred founder Kunal Shah, starting as early as this week, the messaging platform announced, marking the elevation of the serial fintech entrepreneur to the leadership of the world’s largest messaging platform. WhatsApp parent Meta, which also owns Instagram and Facebook,…
Read More “Cred founder Kunal Shah tapped as WhatsApp global chief” »
Civil Aviation Secretary Pradeep Singh Kharola. File | Photo Credit: PTI Pradeep Singh Kharola, who served as Air India’s Chairman and Managing Director before the airline’s privatisation, has returned to the carrier as executive director to the chairman with immediate effect, Mr. Kharola, a former Secretary in the Ministry of Civil Aviation and a veteran…
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Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Growth in activity in India’s eight core industrial sectors slowed to 0.5% in May 2026, the second-lowest in 21 months, official data showed. Also read | Alarm bells: on the Index of Eight Core Industries data The data on the Index of Eight Core…
Read More “Core sector growth slows to 0.5% in May 2026, second-slowest in 21 months” »
Stock markets rebounded on Monday (June 22, 2026) with the benchmark Sensex gaining 291 points following a decline in crude oil prices and supportive global cues amid hopes of diplomatic progress in U.S.-Iran talks. The 30-share BSE Sensex climbed 291.17 points, or 0.38%, to settle at 77,094.07 following buying in select oil and gas, banking…
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Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 34 paise to close at 94.67 (provisional) against the U.S. dollar on Monday (June 22, 2026), weighed down by the strength of the American currency in the overseas market. Forex traders said the rupee witnessed volatility as steady debt and deposit…
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Anton Muscatelli, President of the Royal Society of Edinburgh. Photo: Special Arrangement The fact that the India-U.K. trade deal does not include a chapter on investments is not a concern since higher trade and more ease of doing business measures are what will encourage these investments anyway, Anton Muscatelli, President of the Royal Society of…
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