[ad_1] More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements,…
[ad_1] MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank…
[ad_1] Steve Carell nearly turned down the role of Michael Scott in ‘The Office,’ a move that many in Hollywood strongly discouraged. His portrayal, however, became a touchstone of television comedy. Steve Carell, the fan-favorite Michael Scott from ‘The Office,’ recently revealed that he almost didn’t take the role. While many in the industry advised…
[ad_1] Sonakshi Sinha may be dealing with “reverse nepotism” in her latest film System, but the actress says she never experienced anything similar in her real life despite being the daughter of veteran actor Shatrughan Sinha.In Ashwiny Iyer Tiwari’s courtroom drama on Prime Video India, Sonakshi plays a young lawyer and daughter of a reputed…
[ad_1] Reserve Bank of India’s monetary policy measures are seen a coordinated attempt to shift market perception of rupee from depreciation concerns towards stronger capital inflows. SBI Research estimates that the measures could trigger at least $40 billion in inflows, potentially supporting the rupee towards the 92–93 levels. At the same time, Kotak Securities places…
[ad_1] The Reserve Bank of India’s Monetary Policy Committee (MPC) begins its three-day meeting on Tuesday amid growing inflation concerns, with a majority of economists and treasury heads expecting the central bank to keep interest rates unchanged this week while signalling a tighter stance later in the financial year, PTI reported.The six-member MPC, headed by…
[ad_1] MUMBAI/BENGALURU: The restaurant industry is struggling to run regular operations due to the meagre supplies of LPG cylinders . With the govt’s move to hike commercial LPG allocation to up to 70%, it will take some time before the measure actually translates into sustained supply, executives said. “Supply is still hugely limited and erratic….
[ad_1] .Now more and more foreign investors are urging a review of the rule. MUMBAI: In just four months this year, foreign portfolio investors (FPIs) have net sold stocks worth a little over $20.6 billion, surpassing the highest ever yearly net sales figure in the domestic market.In 2025, FPIs had net sold stocks worth $18.9…
[ad_1] Royal Enfield has announced plans to set up a new greenfield manufacturing facility in Andhra Pradesh as the company looks to expand production capacity amid rising demand. The new plant is proposed to come up in Tada, near Tirupati, with the company planning an investment of around Rs 2,500 crore.The project will be implemented…
[ad_1] Applications for unemployment benefits in the United States rose last week but continued to remain at historically low levels despite inflationary pressures and broader economic headwinds, AP reported. The US Labor Department said on Thursday that initial jobless claims increased by 10,000 to 200,000 for the week ending May 2. The figure was lower…