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Home  Business

Business

Jio BlackRock Mutual Fund announces appointment of executive leadership team to drive operations

Jio BlackRock Mutual Fund announces appointment of executive leadership team to drive operations

  • India cannot hold talks on Indus Waters Treaty until terror concerns addressed

    India has suspended the Indus Waters Treaty with Pakistan, demanding action on terrorism and a complete treaty overhaul. Despite Pakistan's repeated outreach, India remains firm. A new study will help India fully use its share of river water
  • India’s capital markets: Gateway to a $5.2 Trillion growth story on the road to Viksit Bharat

    India is now the world's 4th largest stock market, with market cap surging 6x to $5.2T since 2014. The event showcased reforms, tech innovation, and investment opportunities driving this growth
  • Bitcoin introduced into Africa’s largest slum, with risks, rewards

    In Kenya's Kibera slum, residents use Bitcoin for payments, with support from AfriBit Africa. Bitcoin offers low-cost transactions, but its volatility poses risks. While some see it as a path to financial freedom, others worry about overexposure to crypto's instability
  • World’s largest container ship MSC IRINA arrives at Vizhinjam International Seaport

    The MSC IRINA vessel arrived at Vizhinjam at 8 am on June 9, receiving a traditional water salute on arrival
  • Dalmia Cement expects bounce back in growth to 7-8 per cent for cement sector in FY26

    Sector consolidation in the cement industry by the big players is expected to continue as the leading companies are likely to enhance their capacity share to more than 60 per cent in the next two years, said the Dalmia Bharat leadership
  • Lalithaa Jewellery files draft papers with markets regulator Sebi

    Jewellery player Lalithaa Jewellery Mart has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,700 crore through an Initial Public Offering (IPO)
  • Rupee slips 4 paise to 85.72 against dollar as crude rises and RBI rate cut narrows yield gap

    The rupee fell 4 paise to 85.72 against the US dollar in early trade on Monday amid rising Brent crude prices and reduced yield appeal after RBI’s 50 bps rate cut. Traders expect short-term pressure on the currency.
  • Sensex, Nifty rally after RBI rate cut and strong global cues

    Sensex and Nifty opened with sharp gains on Monday following a 50 basis point rate cut by the RBI and positive global market trends. Midcaps led the rally, while investor sentiment was boosted by Wall Street and Asian market strength.
  • US-China: New disputes emerge ahead of trade talks in London

    US and China will hold trade talks in London amid fresh tensions over semiconductors, rare earths, and student visas. A recent agreement to pause tariffs is at risk as both sides clash over technology limits and new economic measures
  • Government warns e-commerce platforms against dark patterns in online shopping

    Dark patterns refer to deceptive user interface designs that nudge consumers toward decisions they might not otherwise make, like unknowingly subscribing to a service, buying additional items, or making hasty purchases due to fake urgency
  • In tribute to mentor, Mukesh Ambani donates ₹151 crore to ICT Mumbai

    Reliance Industries Chairman and Managing Director credits mentor Prof MM Sharma as a guiding force in India's economic reforms and chemical industry growth
  • WWDC 2025: Apple to cover lot of ground around operating system, AI feature upgrades

    Apple is set to unveil major AI and OS upgrades at WWDC 2025. With Apple Intelligence 2.0, deeper Siri integration, and privacy-focused AI, the company aims to reclaim leadership in the AI space and transform smartphone experiences
  • Director General of GST Intelligence closes Rs 32,400 cr GST case against Infosys

    Infosys announced that the GST department has closed tax proceedings related to a Rs 32,403 crore notice for 2017-2022. The case involved IGST under the Reverse Charge Mechanism. With this, the matter is now officially resolved
  • Govt appoints RBI DG T Rabi Sankar as part-time member of 16th Finance Commission

    "The President has appointed T Rabi Sankar, Deputy Governor, Reserve Bank of India (RBI), as a part-time Member of the 16th Finance Commission (XVIFC)," the ministry said
  • Monthly GST payment form 3B is to become non-editable from July tax period

    In an advisory, GSTN said taxpayers can make changes in declared outward supplies in GSTR-1A before filing their GSTR-3B in the same return period. Such changes will be auto-populated in tax payment form GSTR-3B
  • 269 million Indians lifted out of extreme poverty over 11 years, says World Bank

    About 75.24 million people were living in extreme poverty in India during 2022–23, a massive drop from 344.47 million in 2011–12
  • Trump to sell Tesla as feud with Musk escalates: Report

    President Trump plans to sell his Tesla amid an escalating feud with Elon Musk. The rift risks federal contracts worth billions and space missions reliant on SpaceX’s Dragon spacecraft. Musk recently walked back a threat to decommission Dragon amid growing political tensions
  • No move to hike foreign ownership limits in banks now: RBI Governor Sanjay Malhotra

    The RBI allows a single foreign institution to hold 15 per cent in a lender and has made some exceptions like that of CSB Bank, and, recently, Japan’s SMBC
  • Net FDI slows, but repatriation rise reflects maturing economy: RBI Governor

    Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to USD 81 billion in 2024-25, from USD 71.3 billion a year ago. However, net FDI inflows moderated to USD 0.4 billion in 2024-25, from USD 10.1 billion a year ago.
  • Switzerland plans information exchange on crypto assets with India, 73 other countries

    India and Switzerland already have an automatic exchange of information framework in place for bank accounts and other financial assets held by Indians in Switzerland, and vice versa
  • Sebi attaches bank, share, mutual fund holdings of Mehul Choksi to recover Rs 2.1 crore dues

    Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems
  • IndusInd Bank shares rise after RBI signals stability ahead

    Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon
  • Ayodhya’s Ram Temple uses 45 kg gold; visitors need passes for Ram Darbar

    Ayodhya’s Ram Temple now features 45 kg of pure gold, mainly in the sanctum and throne of Lord Ram. Following the Ram Darbar consecration, entry will be restricted via free passes. Other temple complex structures are set to complete by 2025.
  • Top bankers hail Reserve Bank’s big bang measures to boost financial inclusion

    Top bankers hailed RBI's decision to reduce repo rate by 50 basis points to 5.50 per cent and CRR by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion
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