RBL Bank is targeting higher net interest margins (NIM) from its retail business by expanding its share of higher-yielding assets, including a foray into commercial vehicle (CV) financing and used four-wheeler loans in the next three months, a top executive said.Kumar Ashish, head of retail assets and collections, said the private sector lender is looking…
Gold rate outlook: Gold prices are expected to remain subdued next week as investors await crucial US macroeconomic data, which may offer fresh signals on the Federal Reserve’s stance on interest rates, analysts said.Improving risk appetite and easing geopolitical tensions have reduced investor interest in traditional safe-haven assets like gold, pushing them towards riskier assets…
Just 21 out of the 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentives till March 31, 2025, with total disbursements reaching Rs 1,162 crore, according to data provided by the Department of Telecommunications (DoT).The telecom PLI scheme, which began on April 1, 2021, and is scheduled to end in the…
Indian IT giants are reorienting their business models around artificial intelligence, shedding traditional digital transformation narratives in favour of AI-native strategies focused on high-margin applications and integration — not foundational AI research.A review of FY25 annual reports of Tata Consultancy Services (TCS), Infosys, Wipro and Tech Mahindra reveals a clear pattern: India’s top tech firms…
India’s top food brands: Amul tops again; Mother Dairy climbs to No.2 Amul has once again emerged as India’s most valuable food brand, with a brand value of $4.1 billion, according to the Brand Finance India 100 – 2025 report. The Gujarat-based dairy giant retained its top position ahead of Mother Dairy, which climbed to…
Zomato co-founder Deepinder Goyal is venturing into the regional aviation space with LAT Aerospace, a startup that aims to redefine short-haul air travel in India, according to a LinkedIn post by LAT co-founder Surobhi Das.“While building Zomato and flying across India, Deepinder and I kept circling back to the same question: Why is regional air…
This is an AI-generated image, used for representational purposes only. The month of July 2025 is set to bring significant financial and service-related changes for Indian consumers, especially affecting train travellers and bank customers. These key shifts, from Aadhaar-based Tatkal ticket booking to new banking fees, could impact your daily transactions and travel plans. Here…
Russian oil major Rosneft has initiated preliminary discussions with Reliance Industries for a potential sale of its 49.13 per cent stake in Nayara Energy, according to sources cited by PTI. The talks, still in early stages, could mark a major consolidation in India’s oil refining and fuel retailing space, positioning Reliance to become the country’s…
India’s ban on ships carrying goods originating in or exported from Pakistan has led to a sharp rise in freight charges and longer shipping times for Pakistani importers, Dawn newspaper reported, citing industry officials.The ban, imposed on May 2, 2025, following the Pahalgam terror attack, prohibits both direct and indirect movement of Pakistani goods through…
G7 endorses ‘side-by-side’ system replacing top-up levies (Picture credit: ANI) In a landmark development, the Group of Seven (G7) nations have agreed to exempt US-headquartered multinational corporations from key provisions of the global minimum tax agreement under a new “side-by-side” system. British businesses will also benefit from similar relief.As per news agency ANI, the new…
