Ambani bets on Jio, AI and green energy to power RIL's next chapter
The company is also strengthening its renewable energy ambitions. Ambani highlighted India’s decade of economic and digital transformation.
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Govt amends CSR norms; provides more leeway for companies
Companies can now invest up to ten percent of their Corporate Social Responsibility funds into special instruments. These instruments are called zero coupon zero principal instruments. They are issued by not-for-profit organizations. This investment will happen through a Social Stock…
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India eyes fiscal support for domestic EV battery supply chain
India is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric vehicle batteries. Discussions are ongoing for tax support and outcome-linked programs. The government is focused on developing domestic supply…
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Gold demand drops 70% after sharp duty hike in India
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13.
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Bank fraud amount surges to Rs 48,021 crore in FY26; digital payment frauds decline: RBI
Fraud cases under the card, internet and digital payments category fell to just 293 cases from 13,332 in FY25 and 28,836 in FY24. The amount involved in such frauds also declined sharply to Rs 29 crore in FY26 from Rs…
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RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation
Reserve Bank of India’s currency printing costs dropped significantly in 2025-26. This occurred even as the total value of banknotes in circulation increased. The Rs 500 note remains dominant. Cash preference persists in India. The e-rupee’s circulation also saw a…
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