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Lenders ask RBI to relax liquidity rules amid growing loan demand

Lenders ask RBI to relax liquidity rules amid growing loan demand

Indian lenders asked the central bank to relax a number of liquidity rules to allow them unlock more funds for growth, according to people familiar with the matter, as demand for loans grows faster than deposits.

Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term financial stress requirements, the people said, asking not to be identified as the discussions are private.

'Has India compromised under US pressure': Kharge on India-US trade deal

'Has India compromised under US pressure': Kharge on India-US trade deal

Congress president Mallikarjun Kharge on Wednesday questioned the manner in which the Indo-US trade deal was announced at a time Parliament was in session, and asked whether India had compromised in any manner under US "pressure".

He also asked whether India has agreed to zero tariffs on American imports, as claimed by US President Donald Trump.

BHEL secures ₹1,200-1,500 crore project from Hindalco Industries

BHEL secures ₹1,200-1,500 crore project from Hindalco Industries

State-owned BHEL on Wednesday said it has secured an order in the range of Rs 1,200-1,500 crore from Hindalco Industries.

BHEL said a letter of intent (LOI) in this regard has been received from Aditya Aluminium, Hindalco Industries.

Rahul displays Naravane memoir, claims PM didn't fulfil his responsibility

Rahul displays Naravane memoir, claims PM didn't fulfil his responsibility

Leader of Opposition Rahul Gandhi on Wednesday cited former Army chief MM Naravane's unpublished "memoir" to claim that Prime Minister Narendra Modi did not fulfil his responsibility during the India-China conflict in 2020 and passed the buck on to Naravane.

Trade deal details being finalised; agri, dairy sectors protected: Goyal

Trade deal details being finalised; agri, dairy sectors protected: Goyal

Union Minister for Commerce and Industry Piyush Goyal said on Tuesday that India and the United States (US) will issue a joint statement shortly after the technical process for the bilateral trade deal is finalised.

Addressing a press conference, Goyal said India has ensured that its sensitive sectors, such as agriculture and dairy, are protected.

Rupee sees best day in 6-years; analysts see more gains on US trade deal

Rupee sees best day in 6-years; analysts see more gains on US trade deal

The Indian rupee posted its strongest intraday session in nearly six years on Tuesday after India sealed the long-awaited trade deal with the United States (US). Analysts expect the currency to strengthen further in the coming months.

The currency opened 1.23 per cent higher at 90.39 level on Tuesday against the greenback, and rose as much as 90.13, or 1.56 per cent.

Adani partners Italy's Leonardo to establish helicopter ecosystem in India

Adani partners Italy's Leonardo to establish helicopter ecosystem in India

Adani Group and Italian major Leonardo on Tuesday announced a strategic partnership to establish an integrated helicopter manufacturing ecosystem in India.

The move will be a significant boost for the 'Make In India' efforts and to make the country more self-reliant.

'An important and positive first step': USISPF on US-India trade deal

'An important and positive first step': USISPF on US-India trade deal

The US-India Strategic Partnership Forum (USISPF) on Monday enthusiastically welcomes US President Donald Trump's announcement following his conversation with Prime Minister Narendra Modi, which reaffirms their shared commitment to deepen the USIndia economic partnership and advance a bilateral trade agreement.

Ambani, Adani group stocks surge after India-US finalise trade deal

Ambani, Adani group stocks surge after India-US finalise trade deal

The flagship firms of billionaires Mukesh Ambani and Gautam Adani saw their shares surge after India and the US announced a much-awaited trade pact, easing months of geopolitical tensions.

Shares of Reliance Industries Ltd. climbed as much as 7.1 per cent during trading in Mumbai — the most in two years — while Adani Enterprises Ltd. jumped 11.9 per cent, the most since November 2024.

Gold, silver ETFs rebound as three-day rout in precious metals ends

Gold, silver ETFs rebound as three-day rout in precious metals ends

Gold and silver exchange-traded funds (ETFs) snapped their three-day rout on Tuesday as precious metals stabilised and rebounded, with the sharp recent fall seen largely as a technical correction in the metal prices.

Among silver ETFs, the HDFC Silver ETF rose 10 per cent, while the Nippon India Silver ETF gained 5 per cent. Kotak Silver ETF was up 10 per cent, and ICICI Prudential Silver ETF advanced 5 per cent, while SBI Silver ETF and Axis Silver ETF were up nearly 9 per cent.

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