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Financial Express Mumbai
NCLT admits SBI insolvency plea against Anil Ambani
THE NATIONAL COMPANY Law Tribunal (NCLT) on Thursday admitted a plea filed by State Bank of India (SBI) seeking initiation of personal insolvency proceedings against Reliance Group Chairman Anil Ambani over dues of about ₹1,200 crore linked to guarantees extended for loans to Reliance Communications (RCom) and Reliance Infratel.
1 min |
June 12, 2026
Financial Express Mumbai
Banks seek clarity from RBI on foreign deposit leverage
LENDERS HAVE SOUGHT clarity from the Reserve Bank of India (RBI) on whether domestic banks can leverage the foreign currency non-resident bank [FCNR(B)] deposit scheme by extending loans to depositors through their overseas branches, bankers said.
2 min |
June 12, 2026
Financial Express Mumbai
Insolvency board puts fresh checks on lender powers
A SET OF changes to the rules framed by the Insolvency and Bankruptcy Board of India (IBBI) imposes additional checks and balances on the committee of creditors’ (CoC) actions during the resolution process of bankrupt entities.
2 min |
June 12, 2026
Financial Express Mumbai
Chandra term extension not on Tata Sons board agenda
THE TATA SONS board will meet on Friday amid continuing governance-related tensions across the Tata ecosystem, with discussions expected to cover capital allocation in key businesses, and other strategic matters, even as developments within the Tata Trusts continue to attract attention.
2 min |
June 12, 2026
Financial Express Mumbai
Anthropic CEO raises the alarm, seeks ‘serious & binding’ AI rules
Amodei calls for mandatory testing and govt powers to block risky systems
2 min |
June 12, 2026
Financial Express Mumbai
PM urges states to harness trade deals, AI
FLAGGING CONCERNS OVER El Nino, Prime Minister Narendra Modi on Thursday urged states to strengthen water conservation and promote sustainable farming, while also calling for AI-driven skilling initiatives and greater efforts to leverage India’s trade agreements to create opportunities for the youth, micro, small and medium enterprises (MSMEs) and investments.
2 min |
June 12, 2026
Financial Express Mumbai
Trump's U-turn: Plan to strike Iran dropped
TEHRAN ORDERS COMPLETE CLOSURE OF STRAIT OF HORMUZ
1 min |
June 12, 2026
Financial Express Mumbai
Decoding Modi's environmentalism
From Swachh Bharat to LiFE, the PM has given environmental agenda a distinctly Indian vocabulary rooted in Deendayal Upadhyaya’s integral humanism
3 min |
June 12, 2026
Financial Express Mumbai
Sebi proposes single price reference for stocks listed on multiple exchanges
THE SECURITIES AND Exchange Board of India (Sebi) on Thursday proposed a mechanism to harmonise the base price used for pre-open call auctions and price bands for stocks listed on multiple exchanges to address price divergence arising from non-trading on one or more platforms.
1 min |
June 12, 2026
Financial Express Mumbai
States chart path to Viksit Bharat
AS INDIA SHARPENS its focus on becoming a developed nation by 2047, the 11th Governing Council meeting of NITI Aayog on Thursday turned into a showcase of the diverse ambitions and development blueprints of states, with chief ministers presenting roadmaps centred on human capital, technology, infrastructure and inclusive growth.
1 min |
June 12, 2026
Financial Express Mumbai
Iran's strikes expose Gulf states' US dependence
US MILITARY PRESENCE RAISES RISKS FOR GULF STATES TODAY
1 min |
June 12, 2026
Financial Express Mumbai
SpaceX's IPO success may rub off on Ambani
THE INSATIABLE INVESTOR demand for Elon Musk’s SpaceX will be music to the ears of another billionaire half a world away.
2 min |
June 12, 2026
Financial Express Mumbai
India holds strong hand in trade talks, says Goyal
INDIA NEGOTIATES WITH other countries from a position of strength and is able to navigate trade restrictions in a spirit of give-and-take, Commerce and Industry Minister Piyush Goyal said on Thursday.
1 min |
June 12, 2026
Financial Express Mumbai
Cyber fraudsters luring fans, warns Kerala Police
KERALA POLICE ON Thursday warned of cyber fraud targeting football fans through fake OTT apps offering free access to FIFA World Cup 2026 matches on social media.
1 min |
June 12, 2026
Financial Express Mumbai
USFDA issues import drug alert to Dabur
THE US FOOD and Drug Administration (USFDA) has issued an import alert for drugs manufactured at Dabur India’s factory at Dadra and Nagar Haveli following an inspection, the consumer goods company said on Thursday.
1 min |
June 12, 2026
Financial Express Mumbai
Developing nations can't pay imbalance costs, says FM
FINANCE MINISTER NIRMALA Sitharaman on Thursday said India is expected to remain one of the world’s fastest-growing major economies, with GDP growth projected at around 7% over the medium term, while cautioning that the responsibility for correcting global economic imbalances should not fall disproportionately on the developing nations.
1 min |
June 12, 2026
Financial Express Mumbai
Infantino tells fans to chill in face of mounting criticism
FIFA PRESIDENT GIANNI Infantino told football fans and critics to “chill and relax” as the governing body came under fresh pressure over immigration problems, travel restrictions and ticket prices ahead of the start of the World Cup.
2 min |
June 12, 2026
Financial Express Mumbai
FIFA asks Haiti to alter shirt design
JUST DAYS AHEAD of their first match in the FIFA World Cup, Haiti had to alter the design of their jersey. The shirts, which depicted a war scene from the country’s battle for independence, had to be changed due to FIFA flagging it for violating its regulations on political speech.
1 min |
June 12, 2026
Financial Express Mumbai
Opendoor shuts India operations, lays off 250
US-BASED REAL estate firm Opendoor will shutter its India operations and lay off all 250 employees in the country as it shifts to greater use of AI, Chief Executive Kaz Nejatian said in a post on X on Thursday.
1 min |
June 12, 2026
Financial Express Mumbai
GIFT City aims to emerge as aviation leasing hub
GUJARAT INTERNATIONAL FINANCE Tec-City (GIFT City), home to India's only International Financial Services Centre (IFSC), is seeking to emerge as a hub for aviation leasing.
1 min |
June 12, 2026
Financial Express Mumbai
World Bank sees India growing 6.6%
CUTS GLOBAL GROWTH FORECAST TO 2.5%
2 min |
June 12, 2026
Financial Express Mumbai
India Inc raising ₹31K-cr debt as yields drop
INDIAN COMPANIES ARE rushing to raise short-term debt after the measures of the Reserve Bank of India (RBI) to support the rupee triggered a sharp fall in borrowing costs, four merchant bankers said.
1 min |
June 12, 2026
Financial Express Mumbai
ECB hikes with Lagarde warning inflation risk
THE EUROPEAN CENTRAL Bank raised interest rates for the first time in almost three years, with President Christine Lagarde warning inflation triggered by the Iran war is widening beyond just energy.
2 min |
June 12, 2026
Financial Express Mumbai
How RBI hopes to get NRIs to bring the dollars home
In order to attract foreign capital, the Reserve Bank of India has allowed banks to mobilise Foreign Currency Non-Resident (Bank) deposits with maturities of 3-5 years until September 2026. To sweeten the deal, the central bank will cover the entire hedging costs and leverage will be permitted. Saikat Neogi explains
3 min |
June 12, 2026
Financial Express Mumbai
'West Asia war slowing global growth'
THE WAR IN West Asia is slowing global economic growth this year to its weakest pace since the Covid-19 pandemic, according to a World Bank report published on Thursday that revealed the fallout of soaring energy prices.
1 min |
June 12, 2026
Financial Express Mumbai
Centre may reassess fertiliser subsidies as urea prices soften
THE GOVERNMENT MAY reassess its fertiliser subsidy requirement for the current fiscal year after a sharp decline in urea prices emerged in the latest import tender, Aparna S Sharma, additional secretary, Department of Fertilisers, said on Thursday.
1 min |
June 12, 2026
Financial Express Mumbai
India's allocation in GEM funds hits 5-year low: Citi
Lowers 12-month Nifty target to 26,000 from 27,000
1 min |
June 12, 2026
Financial Express Mumbai
Vedanta's 4 demerged biz to debut on exchanges Monday
The four demerged businesses of Vedanta Group are expected to list on the BSE and National Stock Exchange on Monday, sources said.
1 min |
June 12, 2026
Financial Express Mumbai
LG leans on India to win the future AI home race
A STEP TOWARDS FUTURE
2 min |
June 12, 2026
Financial Express Mumbai
Twelve years of transformation, laying Viksit Bharat's foundation
JUNE 10, 2026, marked a defining moment in India’s democratic journey.
3 min |