Category: Business

Business

NSE Files for ₹30,000-crore IPO; set to become India’s biggest-ever public issue

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NSE Files for ₹30,000-crore IPO; set to become India’s biggest-ever public issue

The National Stock Exchange (NSE) on Wednesday (June 17, 2026) filed preliminary papers with markets regulator Sebi for its much-awaited IPO, estimated at around ₹30,000 crore, a share sale that is poised to become the largest public issue in Indian stock market history. The filing marks a major milestone for NSE, whose listing plans had…

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Business

Oil slips again as U.S., Iran sign peace deal

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Oil slips again as U.S., Iran sign peace deal

Image used for representative purpose only. | Photo Credit: Reuters Oil prices fell in early trading on Thursday (June 18, 2026) after the U.S. and ​Iran signed an interim agreement that would end the Iran war, ‌reopen the Strait of Hormuz and waive U.S. ​sanctions on Tehran’s oil, resolving the largest energy ⁠supply disruption in…

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Business

India’s crude oil, LNG imports surge in May although bill continues to stay elevated

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India’s crude oil, LNG imports surge in May although bill continues to stay elevated

Representational file image. | Photo Credit: Reuters In the third full month (May) of the West Asia crisis this year, India’s imports of crude oil surged nearly 7.5% from April, whilst that of liquified natural gas (LNG) increased about 16%. However, the country’s import bill for crude oil surged 14.7% and that of LNG more…

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RBI allows banks to offer higher interest rates to NRIs/PIOs to mobilise forex

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RBI allows banks to offer higher interest rates to NRIs/PIOs to mobilise forex

The central bank has issued Amendment Directions on June 17, 2026. File. | Photo Credit: Reuters The Reserve Bank of India (RBI), on a review of it’s 2025 direction, has decided to temporarily withdraw interest rate ceiling on fresh Foreign Currently Non-Resident- Bank [FCNR(B)] deposits of 3-5 year tenors and restriction on interest rates on…

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Despite crisis we see momentum in market: Mercedes-Benz India chief

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Despite crisis we see momentum in market: Mercedes-Benz India chief

The company recently introduced a plug-in hybrid variant of the S-Class in India, offering nearly 100 km of electric-only driving range and catering to customers seeking electrification without fully transitioning to battery-electric vehicles. File. | Photo Credit: ANI Despite the series of shocks including the latest West Asia conflict and the resultant supply chain disruptions…

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Business

The RBI and its growing fiscal role

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The RBI and its growing fiscal role

Central banks occupy a peculiar position in modern democracies. Governments spend, tax, and borrow. Central banks, through their toolkit of monetary policy, manage inflation, preserve confidence in the currency, and safeguard financial stability. Their credibility rests on maintaining a degree of distance from the fiscal compulsions of the governments they serve. Recent developments surrounding the…

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Business

Tomato, onion, potato prices rise within a week, yet farmers say their produce fetches very low prices

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Tomato, onion, potato prices rise within a week, yet farmers say their produce fetches very low prices

Small-scale vendors in the New Delhi market on June 17, 2026, amid the price rise. | Photo Credit: Sushil Kumar Verma The prices of essential commodities, particularly of tomatoes, onions and potatoes, have increased across almost all States in the past one week, according to data from the Price Monitoring Division of the Department of…

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Business

India & U.K. overcome last-minute steel hurdle, announce July 15 as trade deal implementation date

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India & U.K. overcome last-minute steel hurdle, announce July 15 as trade deal implementation date

British Prime Minister Keir Starmer speaks with Prime Minister Narendra Modi as they arrive for a working session with G7 leaders and outreach partners on promoting economic growth during the G7 Summit in Evian-les-Bains, France, onJune 17, 2026. | Photo Credit: Reuters India and the United Kingdom have overcome last-minute differences over steel import duties…

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Business

India on track to meet 3% compressed biogas blending target for current financial year: officials

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India on track to meet 3% compressed biogas blending target for current financial year: officials

The government is on track to meet to meet its target of blending 3% compressed biogas (CBG) – with CNG and domestic piped natural gas – for the current financial year, with the blending percentage having already nearly doubled to about 2% at present, officials privy of the development told The Hindu. They further stated…

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India-EU free trade deal to be inked by year-end: Ursula von der Leyen

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India-EU free trade deal to be inked by year-end: Ursula von der Leyen

In this image posted on June 17, 2026, Prime Minister Narendra Modi during a meeting with European Commission President Ursula von der Leyen and European Council President Antonio Costa on the sidelines of the G7 Summit, in Evian-les-Bains, France. Photo: @eucopresident/X via PTI Photo India and the European Union will sign the ambitious free trade…

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