Sebi

Sebi forms working group to unbundle trading and clearing fees, aiming to boost transparency and governance of clearing corporations

Sebi to unbundle clearing and trading fees to boost transparency

Business Standard

The Reserve Bank had issued draft guidelines on 'Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implementation' on May 03, 2024, for stakeholder comments. The draft guidelines proposed an enabling framework for the regulated entities (REs) for financing project loans, while addressing the underlying risks. As part of the stakeholder consultation exercise, inputs / feedback were received from around 70 entities including banks, NBFCs, industry associations, academicians, law firms, individuals and the Central Government. The inputs/ feedback received have been examined and suitably incorporated while formalising the final Directions, which have been issued by the Reserve Bank today. The Directions entail inter alia the following:

RBI eases project finance norms, rationalise standard asset provisioning requirement to 1% for projects under construction

Capital Market Automatic

The offer received bids for 1.73 crore shares as against 1.30 crore shares on offer.

Arisinfra Solutions IPO subscribed 1.32 times


The Indian rupee extended decline for the third straight session and plunged to a three month low on Thursday. INR depreciated 30 paise to close at 86.73 (provisional) against US dollar on Thursday, weighed down by the strength of the American currency in the overseas markets and rebound in international crude oil prices fuelled by ongoing geopolitical uncertainties. Moreover, muted domestic equity markets also added pressure on the rupee. A cautious undertone prevailed as investors reacted to hawkish commentary from the Federal Reserve and rising tensions in the Middle East. At the end of a two-day policy meeting on Wednesday, the U.S. central bank left interest rates unchanged but warned about higher inflation and slower economic growth in the months ahead. On the geopolitical front, speculation grew over a possible U.S. involvement in the Israel-Iran conflict. The benchmark S&P/BSE Sensex ended the session down 82.79 points, or 0.10 percent, at 81,361.87 while the broader NSE ...

INR plunges to 3-month low against dollar

Nestle India announced that its board will meet on Thursday, 26 June 2025, to consider a bonus share issue.

Nestle India board to consider bonus issue on 26 June

Nestle India's standalone net profit declined 5.21% to Rs 885.41 crore in Q4 FY25, compared with Rs 934.17 crore posted in Q4 FY24.

Nestle India Q4 PAT rises 5% YoY to Rs 885 crore; declares dividend of Rs 10/sh

Bharat Heavy Electricals fixes record date for Final Dividend

Orissa Minerals Development Company appoints Govt. Nominee Director


Adding to the caution, the U.S. Federal Reserve's decision to hold interest rates steady also weighed on global cues. Fed Chair Jerome Powell flagged the possibility of rising goods inflation during the summer, partly due to tariffs introduced under President Donald Trumps trade policies.


Indices extend losses for third day amid geopolitical jitters, Fed caution

Quick Wrap: Nifty PSU Bank Index declines 2.04%

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