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RBI grants approval to ICICI AMC for acquisition of upto 9.95% stake in Karur Vysya Bank

Mumbai, Feb. 13 -- Karur Vysya Bank announced that the Reserve Bank of India (RBI) vide its letter dated 10 February 2026, has accorded its approval to ICICI Prudential Asset Management Company (ICICI... Read More


Protect local industries, PM directs regulatory bodies

MKURANGA, Feb. 13 -- PRIME Minister Dr Mwigulu Nchemba directed the Ministry of Finance to halt tax exemptions on imported goods that compete with domestic production so as to protect local manufactur... Read More


Economic models, empirical evidence reveal how Kenyan economy struggles

NAIROBI, Feb. 13 -- EVIDENCE from Kenyans themselves, particularly Kenyan intellectuals, indicates that economic conditions are very difficult, especially at a time when Kenyans attention is focused o... Read More


Ruto's KRA to KRS Rename 1.2B Cost Proposal Faces Backlash

Kenya, Feb. 13 -- Ruto's KRA to KRS rename proposal at a staggering 1.2 billion shillings has opposition voices raising alarms loud this week, with NRA party Secretary General Amemba Magufuli leading ... Read More


First phase of Budget Session ends; Parliament to resume for second phase on March 9

India, Feb. 13 -- Last Updated on February 13, 2026 2:02 pm by INDIAN AWAAZ A AKHTER / NEW DESLHI Both Houses of the Parliament were adjourned today for break to meet again on March 9th. The first l... Read More


Avanti Feeds share price rises another 17%, February gains hit 70%. What's fueling the uptrend?

New Delhi, Feb. 12 -- Shrimp manufacturer Avanti Feeds share price maintained its winning streak for the fourth straight session on Thursday, February 12, surging another 17% to an all-time high of Rs... Read More


Garuda Construction Q3 PAT spurts 156% YoY to Rs 33 cr

Mumbai, Feb. 12 -- Profit before tax in Q3 FY26 stood at Rs 43.67 crore, up by 153.9% from Rs 17.20 crore posted in Q3 FY25. Total expenses for the period under review aggregated to Rs 96.53 crore, up... Read More


New income-tax rules may revive interest in old regime for high-income salaried taxpayers

New Delhi, Feb. 12 -- As part of the Income Tax Rules, 2026, notified last week, the government has proposed three key changes that may tilt the needle towards the old tax regime again. First, the ch... Read More


Hindustan Unilever Q3 PAT skyrockets 121% YoY to Rs 6,603 cr

Mumbai, Feb. 12 -- The PAT was primarily driven by a one-off positive impact from the Ice Cream demerger, accounted for in accordance with the approved scheme of demerger and applicable accounting sta... Read More


HUL Q3 Results: Profit surges 120% due to one-off gains from Kwality Wall's demerger

India, Feb. 12 -- Hindustan Unilever Ltd. more than doubled its bottomline in the third quarter of the ongoing fiscal due to a one-off gain from demerger of its ice-cream business housed under Kwality... Read More