Akasa Air has outlined a series of sustainability initiatives on World Environment Day, including water conservation, sustainable aviation fuel partnerships, electric vehicle adoption, fuel-efficiency programmes, waste management measures, and the use of fuel-efficient aircraft. The airline said these efforts have…
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Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment options. Inflows into LIC’s annuity products are growing. The company is also considering a fintech arm. LIC is prepared…
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CBI conducted searches at six locations in Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud. The probe involves siphoning of government funds from Haryana and Chandigarh administrations, with allegations of collusion between public servants and…
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Indian stock markets opened lower on Monday. This decline followed a sharp selloff in Asian markets. Rising crude oil prices due to the Middle East conflict also impacted trading. Major indices like Nifty 50 and BSE Sensex registered losses. Several…
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Corporate and financial deposits emerged as the key drivers of bank deposit growth in the March 2026 quarter, helping the banking sector maintain double-digit growth even as lenders face mounting pressure on margins from rising competition for funds.
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The Reserve Bank of India’s new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps for overseas borrowing until September 2026. Bankers suggest the RBI needs to cover at least half the hedging costs…
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