News
June vegetable oil imports dip 29 per cent
3+ hour, 3+ min ago (91+ words) India-UK FTA: How the deal helps you Ukraine PM Svyrydenko steps down in Zelenskiy reshuffle ISP to enhance policy planning with real-time insights: CEA 'We conveyed strongest protest to Iran': MEA Railways unveils 8 new reforms: Faster projects, freight boost 'Most…...
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
9+ hour, 14+ min ago (220+ words) U.S. inflation in June came in far softer than forecast, likely putting on hold what were fast-rising expectations for imminent Federal Reserve rate hikes. The Consumer Price Index (CPI) decline 0.4% in June versus economist forecasts for a decline of 0.1% and May's…...
Ballarpur Industries raises INR 100 Crore via 9% IRR Unsecured NCDs
2+ hour, 54+ min ago (346+ words) Ballarpur Industries will raise INR 100 Crore by issuing unsecured, zero-coupon Non-Convertible Debentures (NCDs) on a private placement basis. The NCDs have a 3-year tenure and will offer investors a 9% annual Internal Rate of Return (IRR). Ballarpur Industries Limited has approved…...
ICICI Bank Board to Meet July 18 on Raising Overseas Debt Limit
1+ hour, 3+ min ago (254+ words) Whalesbook ICICI Bank is preparing to potentially increase its access to global capital markets as its board of directors is scheduled to meet on July 18 The primary agenda for this meeting is to review and potentially revise the bank's existing…...
RBI Overhauls Bank Governance Rules Effective October 1, 2026
3+ hour, 52+ min ago (270+ words) Whalesbook The Reserve Bank of India has introduced a major change in how commercial banks manage their internal governance Starting October 1, 2026, banks will be permitted to delegate various routine operational decisions to management committees, moving away from a model where…...
RBI Updates Bank Board Governance Rules From October 1
49+ min ago (321+ words) Whalesbook The Reserve Bank of India (RBI) has unveiled revised guidelines for the functioning of bank boards, marking a shift toward a more principles-based approach to governance These regulations, which are scheduled to come into effect on October 1, 2026, aim to…...
Tata Power raises ₹1,500 crore via NCD issuance
3+ hour, 3+ min ago (355+ words) Tata Power Company Ltd has successfully completed the allotment of Unsecured, Senior, Redeemable NCDs worth ₹1,500 crore. The 5-year NCDs carry a coupon rate of 7.50%. This move is a standard capital-raising exercise for the company. Tata Power Company Ltd has completed…...
Ford Customer Claims He's Owed a Share of $1.3 Billion Tariff Refund in Class-Action Lawsuit - AOL
21+ min ago (148+ words) A California man has filed a class-action lawsuit against Ford, alleging the automaker owes him a refund for passing tariff-related costs on to him. The suit, filed in Michigan federal court last week, claims that Ford passed extra costs onto…...
IDBI Bank Denies Comment on Fairfax Financial Stake Sale Report
2+ hour, 41+ min ago (281+ words) Whalesbook IDBI Bank has officially responded to recent media speculation concerning a potential deal with Fairfax Financial In a filing to the stock exchanges, the lender stated it is unable to confirm or deny claims that the Government of India…...
Trump backs UK stablecoin pact as CLARITY Act faces bank revolt
37+ min ago (612+ words) President Donald Trump has strengthened support for a new UK-US stablecoin framework as the Senate races to advance the CLARITY Act despite growing opposition from banking groups over its stablecoin provisions. According to a joint statement released through the Transatlantic…...