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Indian Rupee: Seen opening on weak note as dollar surges

Mumbai, May 29 -- The Indian rupee is seen opening on a lower note on Thursday tracking strength in dollar overseas. The dollar index climbed above 100 on Thursday, extending gains to a third straight... Read More


Corporate bond yields eased in 2024-25; turnover and issuances see strong growth: RBI Annual Report

New Delhi, May 29 -- Corporate bond yields softened in 2024-25, tracking the decline in government securities (G-sec) yields, according to the Reserve Bank of India's annual report released on Thursda... Read More


RBI's Balance Sheet grows 8.2% to Rs 76.25 lakh crore in FY25

India, May 29 -- The Reserve Bank of India's (RBI) balance sheet grew by 8.2% year-on-year, reaching Rs 76.25 lakh crore as of March 31, 2025, according to its Annual Report for FY 2024–25 relea... Read More


RBI's Gold Holdings surge 57.12% to Rs 4.32 Lakh cr in FY25: Annual Report

India, May 29 -- The value of gold held by the Reserve Bank of India (RBI), including gold deposits, rose by 57.12% to Rs 4,31,624.8 crore as of March 31, 2025, according to the central bank's Annual ... Read More


RBI Imposes Rs 2.5 Lakh Penalty on Kunbi Sahakari Bank for Regulatory Non-Compliance

India, May 29 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.50 lakh on Kunbi Sahakari Bank Ltd., Mumbai, Maharashtra, through an order dated May 27, 2025, for non-complianc... Read More


NCLT Orders Freezing Of Gensol's Bank Accounts & Lockers

India, May 29 -- The Ahmedabad bench of National Company Law Tribunal (NCLT) has issued directions to freeze and attach all the bank accounts and lockers of troubled engineering, procurement and const... Read More


Goyal to lead business delegations to Europe, says FTA talks with US, EU well on track

New Delhi, May 29 -- New Delhi: India is stepping up its international trade efforts with commerce minister Piyush Goyal set to lead high-level business delegations to France and Italy next week. The... Read More


Bank holiday today: Are banks open or closed on Thursday, May 29 for Maharana Pratap Jayanti? Check here

Bank holiday today, May 29 -- On Thursday, May 29, 2025, banks will be closed in Shimla to commemorate Maharana Pratap Jayanti, according to the state-wise holiday calendar of the Reserve Bank of Indi... Read More


Elon Musk leaving U.S. gov't role

New York, May 29 -- Tesla CEO Elon Musk has said that he is leaving his government role as an adviser to U.S. President Donald Trump. "As my scheduled time as a Special Government Employee comes to ... Read More


Best tablets with stylus that will change the way you work, create and learn forever

New Delhi, May 29 -- Tablets have come a long way, they're no longer just for streaming or casual browsing. With stylus support, they've become powerful companions for artists, students, professionals... Read More