Business

Canara Bank drops ‘fraud’ tag from Reliance Communications loan a/c

• Business

Canara Bank drops ‘fraud’ tag from Reliance Communications loan a/c

Editorial Now July 11, 2025

MUMBAI: Canara Bank on Thursday informed the Bombay HC that it has withdrawn an order that classified...

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SBI considers share sale to raise 25k crore

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SBI considers share sale to raise 25k crore

Editorial Now July 11, 2025

SBI is preparing to sell as much as Rs 25,000 crore ($2.9 billion) of shares to institutional...

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Rs 9 lakh crore liquidity glut prompts record Rs 2.5 lakh crore RBI drawdown

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Rs 9 lakh crore liquidity glut prompts record Rs 2.5 lakh crore RBI drawdown

Editorial Now July 11, 2025

MUMBAI: RBI will conduct a record Rs 2.5-lakh-crore variable rate reverse repo (VRRR) auction on Friday as...

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Satcom: UK government commits $191 million to Eutelsat, Bharti Space $176 million

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Satcom: UK government commits $191 million to Eutelsat, Bharti Space $176 million

Editorial Now July 11, 2025

NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro (nearly $1.8 billion) capital raise, where Bharti...

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Nutella-maker Ferrero to buy Kellogg’s business for $3.1 billion

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Nutella-maker Ferrero to buy Kellogg’s business for $3.1 billion

Editorial Now July 11, 2025

Italian candy maker Ferrero has agreed to acquire American cereal giant WK Kellogg in a deal valued...

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Unilever beauty biz head Priya Nair is HUL’s CEO

• Business

Unilever beauty biz head Priya Nair is HUL’s CEO

Editorial Now July 11, 2025

MUMBAI: HUL on Thursday named Priya Nair, who heads parent Unilever’s beauty & wellbeing business, as MD...

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Indian team heads back to US to ‘negotiate complete trade deal’ amid looming tariffs

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Indian team heads back to US to ‘negotiate complete trade deal’ amid looming tariffs

Editorial Now July 11, 2025

NEW DELHI: Further talks on the India-US trade deal are lined up in the coming days with...

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ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone may not suffice – why your claim can be rejected

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ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone may not suffice – why your claim can be rejected

Editorial Now July 10, 2025

House Rent Allowance (HRA) remains a common tax-saving benefit for salaried individuals. But recent scrutiny by tax...

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‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

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‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

Editorial Now July 10, 2025

Addressing critics of India’s Russian oil imports, Puri noted that certain commentators make unwarranted criticisms of Indian...

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Housing squeeze: 30-year US mortgage rate rises to 6.72%; 5-week easing streak ends as borrowing costs inch up

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Housing squeeze: 30-year US mortgage rate rises to 6.72%; 5-week easing streak ends as borrowing costs inch up

Editorial Now July 10, 2025

The average long-term mortgage rate in the US edged higher this week, ending a five-week streak of...

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