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Punjab National Bank reduces Repo Linked Lending rate to 8.35%

Mumbai, June 6 -- Punjab National Bank announced that consequent upon decrease in Repo rate by RBI on 06 June 2025 Bank has revised Repo Linked Lending Rate (RLLR) from 8.85% (including BSP of 20bps) ... Read More


JPYINR futures tumble under 60 mark

Mumbai, June 6 -- INR saw good gains against major currencies today. On the NSE, USDINR June futures dipped 0.14% at 85.77. EURINR futures also fell 0.14% at 85.86. GBPINR lost 0.41% to settle at 116.... Read More


For FMCG Inc., the holy grail of volume growth is in sight

New Delhi, June 6 -- New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe f... Read More


INR rebounds as current account deficit expected to remain low

Mumbai, June 6 -- Indian Rupee saw good gains against the US dollar today after the Reserve Bank of India (RBI) cut interest rates by half a percent, continuing to witness good support around 86 thres... Read More


CRR cut by 100 bps, stance changed to Neutral; inflation forecast reduced to 3.7% for FY26: RBI

Mumbai, June 6 -- In a major move to boost liquidity in the economy, the Reserve Bank of India (RBI) on Friday announced a cut in the Cash Reserve Ratio (CRR) by 100 basis points in four tranches of 2... Read More


RBI rejects PE-backed Annapurna Finance's banking application for second time

New Delhi, June 6 -- The Reserve Bank of India has rejected an application by Annapurna Finance Pvt. Ltd, which counts Piramal Alternatives and mid-market private equity firm Oman India Joint Investme... Read More


Minister joins community push to keep Raja Ampat free from mining

Jakarta, June 6 -- In a decisive stand against extractive industries, the people of Raja Ampat have reaffirmed their commitment to preserving their islands as a world-renowned tourist destination, Tou... Read More


RBI governor Malhotra says IndusInd Bank doing well, shares jump 5%

Mumbai, June 6 -- The Reserve Bank of India (RBI) on Friday said IndusInd Bank has taken sufficient steps to address improve its accounting practices, with governor Sanjay Malhotra noting that the ban... Read More


Government supports all green mobility, says heavy industries minister Kumaraswamy

New Delhi, June 6 -- Union heavy industries and steel minister H.D. Kumaraswamy has weighed in on the automotive industry's concerns about state governments equating hybrid and electric car incentives... Read More


Mint Primer | India Inc's report card: Headwinds take a toll in Q4

New Delhi, June 6 -- The Q4 earnings season has come to an end, with multiple sectors impacted by weak consumer sentiment, margin pressures and global macroeconomic uncertainties. However, some did we... Read More