President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped. The vital Strait of Hormuz remains open under U.S. protection and security measures.…
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Akasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors and two point five billion rupees in loans. Existing owners will contribute five billion rupees to the equity portion.…
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In a statement, the UAE MoD said that the attack killed one Indian crew member aboard the Mombasa and injured eight others, including six Indian nationals and two Ukrainians, four of whom sustained serious injuries.
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The Reserve Bank of India (RBI) is likely to keep policy rates unchanged at least till October 2026, while India’s economy is expected to grow at a steady pace of 6.6-6.8 per cent in FY27 despite global uncertainties, according to…
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The Reserve Bank of India (RBI) on Monday asked banks to empower their Internal Ombudsmen (IO) mechanism to strengthen customer service and redress grievances speedily in order to avoid external escalation of cases.
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The IBBI cancelled Chandra Prakash Jain’s registration as a resolution professional. This action followed an ED probe into ten insolvency cases linked to Reliance Commercial Finance. The investigation revealed Jain allegedly ignored significant financial red flags and due diligence requirements.…
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