business

RBI Penalty on TransUnion CIBIL: Credit Bureau Fined Rs 26.82 Lakh for Non-Compliance

RBI has fined TransUnion CIBIL Rs 26.82 lakh for non-compliance with rules on compensation to customers for delayed updation and rectification of credit information.

NSE IPO: SEBI Issues Observation Letter for Rs 30,000 Crore Public Issue

RBI Repo Rate: Rate May Rise to 6% by April 2027 Amid Excess Liquidity, Inflation

Anil Chakravarthy to succeed Shantanu Narayen as Adobe CEO from December 2026

South Korean Won Hits 14-Month High Against Dollar; KOSPI Jumps 1.64%

The South Korean won climbed to a fresh 14-month high at 1,350.4 per US dollar, while the KOSPI gained 1.64% amid strong exports and easing US rate-hike concerns.

RBI Measures May Help India Maintain $75 Billion BoP Surplus in FY27: Bank of Baroda

RBI measures to attract foreign inflows could help India maintain a $65–75 billion balance-of-payments surplus in FY27, while boosting forex reserves, says Bank of Baroda.

US-Venezuela Oil Deal: Washington Eyes 65 Billion Barrels to Boost Energy Security

The US is seeking to create an effective 65-billion-barrel oil reserve through a new arrangement with Venezuela, with American firms expected to boost production.

India Data Centre Boom: Investments to Add 0.13% to GDP by 2030, Moody’s Says

India’s data-centre boom is projected to contribute 0.13 percentage point to GDP by 2030, with investments, digital adoption and cloud growth driving long-term economic gains.

Volkswagen Job Cuts: 1 Lakh Jobs to Go by 2030 in Major Cost-Cutting Plan

Volkswagen plans to cut 1 lakh jobs by 2030, halve its car models and consider shutting four German plants as part of a major cost-cutting and restructuring drive.

Bharat Tex, Première Vision Sign MoU to Boost India-France Fashion Ties

Bharat Tex Trade Federation and Première Vision have signed an MoU to strengthen India-France fashion and textile collaboration, expand premium exports and improve global market access.