Category: Business News

Governor Sanjay Malhotra said the central bank’s principle-based framework will determine upper-layer NBFC status, while Tata Sons’ listing question continues to hinge on its CIC licence application.

PB Fintech reported a 92% year-on-year rise in Q1FY27 consolidated profit to Rs 163 crore, driven by robust insurance premium growth, higher operating revenue and improving margins. Operating revenue rose 40%, while total insurance premium increased 41%, supported by strong protection and health insurance demand.

Brock Lesnar has hung up his wrestling boots after a climactic showdown at SummerSlam 2026, where he was defeated by Oba Femi in the main event. In a reflective interview afterward, he revealed his intention to focus on family life and pursue recreational hunting. Lesnar showed immense appreciation for his fans, acknowledging their integral role…

Tewolde Gebremariam takes over from Campbell Wilson, the New Zealander and former Singapore Airlines executive who was appointed in 2022 to lead Air India’s transformation. Air India had earlier disclosed that Wilson had informed Chairman N Chandrasekaran in 2024 of his intention to step down during 2026.

The Bharatiya Janata Party has rejected Rahul Gandhi’s allegations of police excesses. BJP spokesperson Sambit Patra stated no bullets were fired during the protest. He accused Gandhi of spreading a false narrative and using students politically. Patra also questioned Gandhi’s selective focus on certain student groups. The party maintained that ministers attend Parliament when their…

‘India great friend,’ says Hasina; son claims B’desh becoming ‘another Pak’

The World Gold Council wants gold classified as a strategic mineral. This classification would streamline mining approvals and reduce import dependence. Central banks are expected to continue buying gold amid global uncertainties. India’s vast household gold holdings could be monetized to cut imports. Simplifying gold monetization frameworks will unlock significant domestic economic value.

Gracenote’s India technology center is leading the company’s artificial intelligence development efforts. This includes a new Model Context Protocol Server for improved entertainment discovery. The center’s AI workflows convert unstructured data into structured metadata efficiently. This accelerates content processing times from days down to mere minutes. Gracenote leverages AI models and metadata expertise for superior…

The Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital of Rs 300 crore and Rs 10,000 crore deposits. Applicants must show positive financial trends and sound credentials over five years. Societies with over ten years of existence and multi-state presence are eligible. The…

DLF Ltd aims for Rs one lakh crore sales over five years. The company will focus on luxury housing and expand its customer base. Profitability is expected to nearly double from 2028 onwards. Younger buyers and NRIs are significantly driving current residential sales. DLF currently holds substantial commercial assets without immediate monetization plans.