MUMBAI: RBI will conduct a record Rs 2.5-lakh-crore variable rate reverse repo (VRRR) auction on Friday as it seeks to absorb a persistent glut of liquidity in the banking system. This move follows a series of recent VRRR operations that have drained Rs 3 lakh crore, yet the money market surplus remains above Rs 3 […]
NEW DELHI: National Highways Authority of India (NHAI) plans to bid out 124 highways and expressway projects worth Rs 3.4 lakh crore in current financial year (2025-26). NHAI has put the entire list of projects in public domain, amid a sense of uncertainty among the highway developers.In last two years, there has been a slowdown […]
Quick commerce is witnessing a massive growth in the country, as Indians spent Rs 64,000 crore on platforms like Blinkit and Instamart in FY25. This figure is more than double the Rs 30,000 crore recorded in the previous year, according to a new report released Thursday by CareEdge Advisory.The agency, a unit of domestic ratings […]
New Delhi: The Central Board of Direct Taxes (CBDT) has notified bonds issued by Indian Renewable Energy Development Agency Ltd (IREDA) as ‘long-term specified assets’ under section 54EC of the Income-tax Act, 1961, enabling tax exemption on capital gains. The notification came into effect from July 9, 2025. As per the notification, any bond issued […]
Oil India Ltd, entered in a long term agreement with Gail, under which it would be selling natural gas from its Rajasthan field for the next 15 years. The deal extends an existing contract between the two public sector giants.As per the Gas Sale and Purchase Agreement (GSPA), effective from July 1, Oil India will […]
June tractor volumes growth was supported by the early onset of rains and healthy agricultural activity After a gap of eight months, tractor sales breached the one-lakh mark in June, thanks to the timely arrival of monsoon, good rabi crop harvest and improvement in kharif crops. In June, tractor sales were up 10 per cent […]
Coal and Mines Minister G Kishan Reddy | Photo Credit: – India plans a strategic overhaul of its District Mineral Fund (DMF) by integrating it with flagship Central schemes. With instances coming to light of the funds being misused outside targeted districts, Coal and Mines Minister GK Reddy has called for tighter convergence and district-level […]
The UAE golden visa programme includes options through property investments and business establishment. (AI image) Has the UAE launched a new golden visa pilot programme? Reports about UAE launching a pilot programme for a new golden visa have created excitement on social media. However, visa consultants and applicants are confused due to lack of official […]
The severe losses faced by retail traders take on a darker dimension following SEBI’s accusations against Jane Street. (AI image) Jane Street case: Indian retail investors saw substantial losses of Rs 1.05 lakh crore in derivatives trading in FY25, according to recent SEBI data. This revelation coincides with SEBI’s investigation into American quant trading firm […]
MUMBAI: Retail investors in India lost nearly Rs 1.06 lakh crore in the equity futures & options (F&O) segment during fiscal 2025 (FY25), a staggering 41% jump from Rs 74,812 crore in FY24 (after accounting for transaction costs). While all the three quarters of FY25 showed rising losses (both at the net and at an […]
