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RBI imposes monetary penalty on The Kovilpatti Co-operative Urban Bank Limited, Tamil Nadu

India, Dec. 15 -- The Reserve Bank of India (RBI) has, by an order dated December 10, 2025, imposed a monetary penalty of Rs. 1 lakh (Rupees One lakh only) on The Kovilpatti Co-operative Urban Bank Li... Read More


World Bank Provides $150 Million to Boost Private Investment and Promote Job Creation

Togo, Dec. 15 -- The World Bank Group approved a $150 million (about FCFA84 billion) International Development Association (IDA) operation to support an ambitious package of structural reforms aimed a... Read More


World Bank Backs PNG Reforms to Boost Revenue

Papua New Guinea, Dec. 15 -- Papua New Guinea will advance reforms to strengthen revenues, facilitate trade, grow jobs, and better protect communities from disasters following the World Bank Board's a... Read More


BofA Securities, Inc. secures contract for Underwriter Services for 2026 General Obligation Bonds

United States, Dec. 15 -- United States based BofA Securities, Inc. has secured contract from Budget & Finance for Underwriter Services for 2026 General Obligation Bonds. The value of the contract... Read More


SEPC rallies after securing Rs 3,300-cr SECL order

Mumbai, Dec. 15 -- The contract covers excavation, loading, transportation, and unloading of soil and coal, along with surface mining activities, to be executed over a period of 10 years. The promote... Read More


'Billion-dollar investor' takes out social media ad looking for wife, sparks debate online

India, Dec. 15 -- A Chinese investor recently posted a marriage advertisement on social media, saying he is searching for a life partner who shares his outlook on love and patriotism. According to a ... Read More


Corona Remedies storms Dalal Street! Shares list at 38% premium on debut

Mumbai/IBNS, Dec. 15 -- Pharmaceutical firm Corona Remedies made a strong debut on the stock market on Monday, listing at a 38% premium over its IPO price on the National Stock Exchange (NSE), media r... Read More


Rural jobs guarantee 2.0: More days, states to share the burden

New Delhi, Dec. 15 -- The Centre is planning to replace the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Act, 2005 (MGNREGA) with a revamped legislation that promises more days of... Read More


Bonds go mainstream - Why 2026 will mark the era of retail bond investors

New Delhi, Dec. 15 -- If 2024 was the year of resilience, and 2025 was the year of global economic shifts, then 2026 looks to be the year of mainstream dominance for the Indian Fixed Income market. A... Read More


BSE SME Riddhi Display Equipments' market debut hits a cold shelf

Mumbai, Dec. 15 -- The scrip was listed at Rs 80, a 20% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hi... Read More