The new royalty structure is expected to encourage the auction of mineral blocks containing caesium, rubidium and zirconium, thereby unlocking these and other associated critical minerals such as lithium, tungsten, rare earth elements and niobium. The move is also expected…
Read More
The House has approved a bill to end a 43-day government shutdown. Federal workers faced unpaid wages and citizens sought aid. The measure now goes to President Trump. Democrats sought to extend health care tax credits, but Republicans insisted on…
Read More
Biocon is exploring merging its biosimilars arm, Biocon Biologics, with itself, potentially valuing the unit at $4.5 billion. The company is in advanced talks with minority investors for a share swap, considering various value creation options including an IPO or…
Read More
The Indian rupee’s trading range has significantly tightened recently. This is due to increased intervention by the Reserve Bank of India. The central bank is actively managing the currency to prevent it from reaching record low levels. This strategy marks…
Read More
With inflation expected to remain well below the RBI’s target range and growth likely to moderate in the second half of FY26, Barclays believes the stage is set for the MPC to deliver its final 25bp rate cut of the…
Read More
Bank credit expansion in FY26 is projected to touch Rs 19.5-Rs 21 lakh crore — up 30 bps from earlier estimates of Rs 19-Rs 20.5 lakh crore, a report said on Wednesday.
Read More