MUMBAI: Reserve Bank of India has set a minimum net worth of Rs 500 crore for a company to be eligible for acquisition financing with even unlisted companies qualifying for such funding. Through its Amendment Directions, 2026, effective April 1, the central bank expands the credit activities commercial banks may undertake, with acquisition finance at…
Humayun Kabir (ANI image) NEW DELHI: The Vishva Hindu Parishad (VHP) on Monday said that the proposed construction of a mosque modelled on Ayodhya’s Babri Masjid in West Bengal’s Murshidabad district amounts to an offence under the Bharatiya Nyaya Sanhita (BNS).The organisation has urged the state government to order the registration of an FIR against…
It’s become fashionable of late to dismiss bitcoin’s BTC$88,156.95 four-year cycle — and the inevitable boom and bust it brings — as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of dismissing the four-year cycle. Each noted the ETFs along…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday on weak global cues. While Nifty50 was near 26,000, BSE Sensex was down over 250 points. At 9:16 AM, Nifty50 was trading at 25,961.20, down 86 points or 0.33%. BSE Sensex was at…
BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did…
NEW DELHI: The Centre on Sunday awarded group captain Shubhanshu Shukla – who became the first Indian to set foot on the International Space Station – with Ashoka Chakra — India’s highest peacetime gallantry award.Shukla spent 18 days in space and became the second Indian to have gone to space and the first to visit…
NEW DELHI: The Union cabinet on Friday approved a bill which seeks to open the highly restricted nuclear power sector to private companies and also crucial for the country’s goal of achieving 100 gigawatt nuclear power capacity by 2047.The approval of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, paves…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
Asian markets climbed on Friday, as traders prepared for key US jobs figures and a potential Supreme Court decision on former President Donald Trump’s global tariffs.Japan’s Nikkei gained over 641 points or 1.26% to 51,758 around 9:45 AM IST. Kospi also traded in green, rising 28 points to reach 4,580. Shenzhen and Shanghai also managed…
NEW DELHI: Preeti Unhale, 51, completed 25 years with a donor heart on Jan 23, 2026, becoming India’s longest-living heart transplant survivor – a landmark considering that heart transplants were rare, donor awareness was limited and long-term survival remained uncertain when she underwent the procedure.Originally from MP, Unhale came to AIIMS in 2000 after exhausting…
