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In a move ensuring policy continuity, the Indian government has retained the 4% retail inflation target for the Reserve Bank of India for another five years until March 2031.
Iran has formally dismissed a 15-point US ceasefire proposal delivered by intermediaries, presenting its own set of five stringent conditions to end the regional conflict.
The Reserve Bank of India has approved Avenir Investment's ₹8,850 crore acquisition of a controlling stake in Sammaan Capital, subject to specific conditions and final SEBI clearance.
Japan's MUFG Bank acquires a 20% stake in Shriram Finance for ₹39,618 crore, marking the largest-ever foreign direct investment in India's financial services sector.
Shriram Finance shareholders have approved a landmark ₹39,618 crore deal, allowing Japan's MUFG Bank to acquire a 20% strategic stake in the NBFC.
The Indian government has extended the Reserve Bank of India's mandate to maintain retail inflation at 4%, within a 2-6% tolerance band, until March 2031.
Global oil prices experience significant volatility after Iran rejected a US-backed ceasefire proposal, raising concerns over supply disruptions through the Strait of Hormuz.
Emirates NBD plans to acquire a majority stake in RBL Bank for $3 billion, marking the largest foreign direct investment in India's banking sector.
Infosys announces the all-cash acquisition of US-based Optimum Healthcare IT and Stratus for a combined $560 million, bolstering its healthcare and insurance sector capabilities.
Shriram Finance shareholders have approved the landmark ₹39,618 crore deal, allowing Japan's MUFG Bank to acquire a 20% strategic stake in the NBFC.
Societe Generale has acquired additional shares worth Rs 76 crore in Sammaan Capital, highlighting growing investor interest in the non-banking financial company.
The Indian government has officially retained the retail inflation target at 4%, with a tolerance band of 2% to 6%, for the five-year period from 2026 to 2031.
The Indian government has officially retained the retail inflation target at 4%, with a tolerance band of 2% to 6%, for the five-year period from 2026 to 2031.
Reliance Industries is accelerating plans for the Jio Platforms IPO, targeting a DRHP filing soon with a valuation of up to $120 billion, following recent regulatory changes.
Emirates NBD has received approval from the Competition Commission of India for its proposed $3 billion acquisition of a majority stake in RBL Bank.
Iran has formally rejected a 15-point US proposal to end the ongoing conflict, outlining its own five non-negotiable conditions for a ceasefire, including war reparations.