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The Business Guardian
Government to get record Rs 2.87 lakh cr dividend from RBI
The Reserve Bank on Friday announced a record dividend of Rs 2.87 lakh crore to the government for the year ended March 2026, providing a financial boost for the exchequer amid rising import bills and supply chain disruptions due to the West Asia conflict.
2 min |
May 24, 2026
The Business Guardian
JUBILANT PHARMOVA FY26 REVENUE RISES 14%
NEW DELHI: Jubilant Pharmova on Friday reported a 14 per cent rise YoY in revenue to Rs 8,280 crore for the financial year 2025-26, driven by strong growth across its key business segments including CDMO Sterile Injectables, Allergy Immunotherapy, Radiopharma and Generics.
1 min |
May 24, 2026
The Business Guardian
ASIAN FOOTWEARS UNVEILS 'MOJO CLAY'
NEW DELHI: Asian Footwears is transforming its first limited-edition sneaker launch into a full-fledged social media-driven engagement play, with the rollout of a two-part campaign around its 'Mojo Clay' drop, restricted to just 1,500 pairs.
1 min |
May 24, 2026
The Business Guardian
Indonesia tightens control over key commodities in major trade takeover
Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the resource-rich nation, with global implications.
2 min |
May 24, 2026
The Business Guardian
WARSH IS SWORN IN AS FEDERAL CHAIR
President Donald Trump on Friday oversaw the White House swearing-in of the new Federal Reserve chair and said he would like Kevin Warsh’s help in stimulating the economy even as he tried to emphasize that the nation’s central bank would remain independent.
1 min |
May 24, 2026
The Business Guardian
27 COUNTRIES ACTIVATE WORLD BANK CRISIS TOOLS
Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank programs, according to an internal document viewed by Reuters.
1 min |
May 24, 2026
The Business Guardian
CENTRE TO INVITE BIDS FOR 50 INDUSTRIAL PARKS
The Union government will invite applications from states for 50 industrial parks in the next four months under the newly launched Bhavya scheme, with the first 50 parks targeted to become operational within three years, Commerce and Industry Minister Piyush Goyal said on Saturday.
3 min |
May 24, 2026
The Business Guardian
RBI's record dividend may help govt manage rising subsidy burden
Economists and market experts believe the Reserve Bank of India’s record surplus transfer of Rs 2.87 lakh crore to the central government will provide some relief to the government's finances at a time when subsidy pressures are expected to rise due to the ongoing West Asia crisis, while also boosting liquidity in the banking system.
2 min |
May 24, 2026
The Business Guardian
Law firm Fenwick ready to pay $54 million to FTX
Prominent U.S. law firm Fenwick & West, which advised FTX before its 2022 blockbuster collapse and bankruptcy, on Friday said it will pay $54 million to resolve claims from FTX customers who alleged the firm helped enable one of the largest financial frauds in US. history.
1 min |
May 24, 2026
The Business Guardian
Global food inflation surge risk rises
Global food inflation risks are rising due to possible disruption in the Strait of Hormuz and worsening El Nino conditions, according to a Citi Research report, which warned that agricultural commodity prices could face strong upward pressure over the next 6-12 months.
1 min |
May 24, 2026
The Business Guardian
How to revive a moribund Bengal economy
West Bengal’s electoral earthquake creates an opportunity to remake its crumbling economy, revive its reputation as an intellectual capital, and eventually restore its forgotten foundations as a cradle of culture and sporting achievement.
5 min |
May 24, 2026
The Business Guardian
India sees minimal fuel price hike amid global surge
While several countries across the world witnessed sharp increases in petrol and diesel prices following the West Asia crisis and disruption around the Strait of Hormuz, India recorded one of the smallest increases in retail fuel prices, with cumulative hikes of around 5 percent despite rising global crude oil prices.
2 min |
May 24, 2026
The Business Guardian
Centre to invite bids for 50 industrial parks
He added that the scheme is designed for industrialisation, not just for exports like SEZs, and will also serve the domestic market.
1 min |
May 24, 2026
The Business Guardian
RBI's record dividend may help govt...
The brokerage also said the RBI dividend transfer could improve liquidity conditions in the banking system.
1 min |
May 24, 2026
The Business Guardian
FUEL SUPPLY REMAINS ADEQUATE ACROSS COUNTRY: INDIANOIL
Indian Oil Corporation Ltd (IndianOil), the country’s largest oil marketing company, on Saturday assured that there is “no overall shortage” of petrol and diesel across the country, clarifying that supply disruptions reported at certain retail outlets are “highly localised and temporary in nature.”
1 min |
May 24, 2026
The Business Guardian
SEBI floats new rules to curb artificial price suppression in IPOs
Aiming to overhaul the price discovery mechanism for Initial Public Offerings (IPOs) and re-listed companies during their Pre-open Call Auction Sessions, the Securities and Exchange Board of India (SEBI) has released a consultation paper.
1 min |
May 24, 2026
The Business Guardian
Govt to get record Rs 2.87 l-cr dividend..
So, with the flow of dividends by public sector banks and financial institutions, the estimate of Rs 3.16 lakh crore from dividends and surpluses from the RBI, nationalised banks and financial institutions is likely to exceed by a decent margin, as state-owned lenders have earned handsome profits.
1 min |
May 24, 2026
The Business Guardian
Forex gains, bond earnings drove RBI's record dividend payout
The record dividend announced by the Reserve Bank of India to the central government for the financial year 2025-26 was largely driven by “revaluation gains on foreign exchange reserves” and higher earnings from government bond holdings, according to a research note by Bank of Baroda economist Dipanwita Mazumdar.
2 min |
May 24, 2026
The Business Guardian
Wall Street rises, Dow hits record high
U.S. stocks rose on Friday, with the Dow reaching a record closing high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings season.
1 min |
May 24, 2026
The Business Guardian
METALLURGY FIRM SEES STRONG REVENUE SURGE
TC Industries Limited is a leading manufacturer of high precision metal castings and engineered components which are used in critical and super-critical applications, specialising in advanced materials such as alloy steel, stainless steel, nickel and cobalt based alloys and titanium.
1 min |
May 24, 2026
The Business Guardian
IN THE AGE OF AI, WE MUST NOT STOP WRITING
Not very long ago, if someone had asked me what the most powerful communication tool in the world was, I would have answered without hesitation: Video.
4 min |
May 24, 2026
The Business Guardian
Oil and gas prices to remain high in Europe
European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward trajectory.
1 min |
May 24, 2026
The Business Guardian
Samsung wage deal faces backlash over chip-focused bonus plan
Samsung Electronics’ tentative 2026 wage agreement faced backlash over a chip-heavy bonus plan, drawing sharp criticism from employees in the consumer electronics and mobile division.
1 min |
May 23, 2026
The Business Guardian
Keeping our relationships strong
Living in a close-knit world, it is important to make sure that we have good relationships.
2 min |
May 23, 2026
The Business Guardian
Delhi govt plans 100 new oxygen parks
Rekha Gupta on Friday announced that the Delhi government plans to develop 100 “oxygen parks” with dense tree cover to improve the city’s climate and tackle pollution.
1 min |
May 23, 2026
The Business Guardian
Delhi to get three new Metro corridors by the end of year, announces DMRC
Delhi Metro Rail Corporation Managing Director Vikas Kumar on Friday said the national capital will get three new Metro corridors by the end of this year as part of Phase 4 expansion works.
1 min |
May 23, 2026
The Business Guardian
SBI urges customers to use digital banking amid two-day staff strike
State Bank of India on Friday issued a customer advisory informing that the All India State Bank of India Staff Federation (AISBISF) has given notice for a two-day strike on May 25 and 26.
1 min |
May 23, 2026
The Business Guardian
DUST THOU ART
I watched fascinated as our little granddaughter in Bangalore, turned ‘baker’, created cakes, croissants, doughnuts and cookies out of play-dough.
5 min |
May 23, 2026
The Business Guardian
CM Suvendu meets PM Modi in Delhi
West Bengal Chief Minister Suvendu Adhikari met Prime Minister Narendra Modi in Delhi on Friday and said that the State is ready to “usher in a new era of double-engine growth” and transparent governance.
1 min |
May 23, 2026
The Business Guardian
CONGRESS STEPS ATTACK ON NEET PAPER LEAK, ALLEGES ‘COVER-UP’
Jairam Ramesh said PM, Education Minister must be held accountable amid reported NTA DG's leak denial remarks
2 min |