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CDs largely issued by PSBs than private sector banks, with MFs being largest investors

Mumbai, June 26 -- Certificate of Deposits (CD) is a money market instrument issued by banks to meet their short-term funding requirement. However, in the recent period it was in focus due to higher i... Read More


TechM CEO Joshi's dream team elusive as leadership changes continue

Bengaluru, June 26 -- Almost 18 months into his role as Tech Mahindra Ltd's chief executive officer (CEO), Mohit Joshi is still assembling his dream team. A shake-up at the top continues for the count... Read More


TechM CEO's dream team remains elusive amid a musical chair of leadership changes

Bengaluru, June 26 -- Almost 18 months into his role as Tech Mahindra Ltd's chief executive officer (CEO), Mohit Joshi is still assembling his dream team. A shake-up at the top continues for the count... Read More


Chandigarh: 96% of SPCA funds go to salaries, only 4% for animal care, say activists

Chandigarh, June 26 -- Highlighting the "appalling conditions and mismanagement" at the Society for the Prevention of Cruelty to Animals (SPCA) in Sector 38-West, Chandigarh-the only government-run ve... Read More


Govt to scale up MBG program as beneficiaries reach 5.5 mln

Jakarta, June 26 -- The Indonesian government is currently seeking to accelerate the Free Nutritious Meals (MBG) program, whose beneficiaries have so far reached 5,560,648. "The number of beneficiari... Read More


Aggregate sales of listed companies moderate but overall industrial activity remains resilient

Mumbai, June 26 -- Quarterly results of listed private non-financial companies for Q4:2024-25 suggest slower revenue growth accompanied by increased profitability. At the aggregate level, sales growt... Read More


Indonesia launches first health special economic zone in Bali

Jakarta, June 26 -- Indonesian President Prabowo Subianto on June 25 emphasised that Sanur Health Special Economic Zone (SEZ) is a breakthrough, marking the first time the country has established a SE... Read More


CBDT orders processing of late returns, refunds filed upto March 2024

New Delhi, June 26 -- The Central Board of Direct Taxes (CBDT) has ordered the processing of late tax returns and their refunds in cases where taxpayers have filed a request for condoning delays and r... Read More


Lloyds Metals gets environmental clearance to expand iron ore mining capacity

Mumbai, June 26 -- This clearance, granted by the Ministry of Environment, Forest, and Climate Change, Government of India, positions LMEL's mine to become the largest iron ore operation in the countr... Read More


Uncertainty in US trade and fiscal policy contributed to a general strengthening of EME currencies, says RBI

Mumbai, June 26 -- The Indian rupee (INR) appreciated by 0.4 per cent (m-o-m) vis-a-vis the US dollar and exhibited low volatility during May 2025, according to RBI's latest bulletin. Uncertainty surr... Read More