Bs Reporter

Trade union strike: Normal life remains unaffected; sporadic violence in WB

The trade unions claimed that the strike was successful, and a large number of workers abstained from work, impacting postal, banking, insurance, and mining sectors

HDFC Bank reduces MCLR by 30 bps to 8.80% across tenures, effective July 7

Bank's MCLR now ranges from 8.60% to 8.80% across maturities after RBI slashed policy repo rate by 100 basis points since February

Regret not insuring MFI business from start: IDFC Bank CEO Vaidyanathan

IDFC First Bank chief says not insuring the microfinance portfolio earlier worsened FY25 losses but confirms that 66 per cent of the book is now covered under CGFMU

Mamata seeks Niti Aayog's apology on misrepresented West Bengal map

The West Bengal CM said that the issue raised legitimate concerns about the rigor and reliability of Niti Aayog's work

Sebi launches broker settlement scheme; MSEI to raise ₹1,000 crore

Settlement window for NSEL-related violations to run from August 25 to February 25; MSEI to raise funds to support equity derivatives market entry

Data centres to attract ₹1.6-trn investment in next five years: Report

India Ratings & Research expects 7.1 GW of new data centre capacity over FY26-FY28, with stable rental rates, rising capex and growing AI-related demand driving investments

Milestones of a market: BSE's journey from small traders to trading giant

A pictorial journey of the BSE: From a small association of stock traders to a mighty trading platform

BSE's capital market offerings: Key business verticals across value chain

A look at the exchange's key business verticals across the value chain

HCLSoftware launches sovereign AI to enhance government data privacy

HCLSoftware's Domino 14.5 introduces a sovereign AI extension, Domino IQ, aimed at protecting data privacy for governments and regulated organisations, ensuring greater information security

India diversifying markets amid trade restrictions: FM Nirmala Sitharaman

FM Nirmala Sitharaman at the BRICS meeting says India is diversifying markets, focusing on infrastructure-led growth and structural reforms to improve competitiveness and productivity

Sebi may rationalise penalties on brokers, says WTM Kamlesh Varshney

Sebi's Kamlesh Varshney says penalty rationalisation for brokers is likely soon and that a common reporting portal and designated exchange for penalties are under review

BoB waives charges on non-maintenance of monthly average balance

Bank of Baroda eliminates penalties for non-maintenance of Monthly Average Balance in standard savings accounts, effective July 1, 2025, though premium accounts remain exempt

India takes no position on matters of faith: MEA on Dalai Lama's successor

India refrains from taking a stance on Dalai Lama's succession; Rijiju backs spiritual autonomy, prompting Chinese protest amid rising sensitivities over Tibet

India launches initiative to identify top 100 deep-tech startups

The #100DesiDeepTechs initiative, in partnership with Startup India, MEITY Startup Hub, and IIT Madras, aims to identify and support India's top deep-tech startups, fostering policy dialogue

RIL's new energy bets could unlock $60 bn in value: Morgan Stanley

Morgan Stanley sees transformational shift in RIL's green energy and AI strategy, forecasting up to $60 bn in value as it integrates clean power into core operations

Oyo's DanCenter to add 250 premium vacation homes across India in FY26

Oyo's European brand DanCenter currently operates in 9 states and UTs and aims to expand into Telangana and the North-East, focusing on upscale and niche travel segments

GobbleCube raises $3.5 million to expand AI tools for consumer brands

InfoEdge Ventures leads Pre-Series A round as GobbleCube targets growth in hyperlocal commerce with AI-driven solutions for top consumer brands

Reliance Retail to bring FACEGYM to India, makes minority investment in co

Reliance Retail Ventures announces a strategic investment in UK-based FACEGYM, bringing the global facial fitness and skincare brand to India with plans to scale over five years

Opposition slams EC over special intensive revision of electoral rolls

Congress and its allies accuse the Election Commission of attempting to disenfranchise voters in Bihar ahead of the assembly elections, demanding that it not act on the ruling party's behest

Bajaj Finance's new loans increase 23% in Q1 FY26, AUM jumps 25%

Bajaj Finance reports a 23% YoY rise in new loans and a 25% YoY increase in AUM for the April-June quarter of FY26. Customer franchise and deposit book also show robust growth