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20 / 06 / 2026
₹ 94.33 Doll. ; Crude Oil ₹ BB 7282
Gold = ₹ 1,46,080; Silver=₹2,50,000
Times of India
Sebi allows easier transfer of shares of dead investors
Sebi allows easier transfer of shares of dead investors
Sebi allows easier transfer of shares of dead investors
MUMBAI: The board of Sebi on Friday decided to make it easier for transfer of securities that are in the name of deceased investors to the legal heirs and claimants by simplifying and standardising the process. It also created a new category of claimants where the value of securities is not more than Rs 10,000 per scrip for those in physical form and not above Rs 30,000 held in demat.
Sebi clears SBI Mutual Fund IPO; Rs 13,000 crore share sale likely next month
Sebi clears SBI Mutual Fund IPO; Rs 13,000 crore share sale likely next month
SBI Mutual Fund, the country's largest asset management company, has received Sebi's approval for its proposed initial public offering, clearing the way for a share sale estimated at around Rs 13,000 crore, PTI reported citing a person familiar with the development.
Sitharaman says external aid projects should help Northeast products reach global markets
Sitharaman says external aid projects should help Northeast products reach global markets
Union finance minister Nirmala Sitharaman on Friday said externally aided projects (EAPs) should not be seen merely as financing tools but as instruments to help local products from the Northeast access global markets, strengthen livelihoods and turn the region’s geographical challenges into economic opportunities.
Rupee ends higher for second day, settles at 94.33 as trade deal hopes offset oil concerns
Rupee ends higher for second day, settles at 94.33 as trade deal hopes offset oil concerns
The rupee extended its gains for a second straight session on Friday, closing 7 paise higher at 94.33 against the US dollar as optimism around India-US trade negotiations supported sentiment, though a stronger dollar and lingering geopolitical uncertainties capped gains.
Kisan Credit Card rules revised: RBI standardises crop season norms, retains collateral-free loan limit
Kisan Credit Card rules revised: RBI standardises crop season norms, retains collateral-free loan limit
The Reserve Bank of India (RBI) on Friday revised the Kisan Credit Card (KCC) framework, standardising the definition of crop seasons and aligning it with banking asset-classification norms in a move aimed at bringing greater uniformity in farm loan sanctioning and repayment schedules.
Accenture outlook cut sparks fresh fears over IT recovery
Accenture outlook cut sparks fresh fears over IT recovery
BENGALURU: Accenture’s decision to lower its FY26 revenue growth guidance has intensified concerns over the pace of recovery in the global technology spending environment. Brokerages warn that Indian IT services companies could face a prolonged period of weak demand stretching into FY27.
Reliance succession plan on track, enters final leg
Reliance succession plan on track, enters final leg
MUMBAI: Mukesh Ambani, chairman of Reliance Industries, said the transfer of day-to-day management at the company is "almost complete", signalling that the succession process at the energy-to-education conglomerate has entered its final stages. The 69-year-old told shareholders that his three children - Akash, Isha and Anant - have each completed three years on the board of RIL and lead key verticals.
Sitharaman says external aid projects should help Northeast products reach global markets
Sitharaman says external aid projects should help Northeast products reach global markets
Union finance minister Nirmala Sitharaman on Friday said externally aided projects (EAPs) should not be seen merely as financing tools but as instruments to help local products from the Northeast access global markets, strengthen livelihoods and turn the region’s geographical challenges into economic opportunities.
India-UK social security pact to slash costs for firms; up to 95% of Indian professionals to gain
India-UK social security pact to slash costs for firms; up to 95% of Indian professionals to gain
Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.
SpaceX rally loses steam: Stock price falls over 6% after blockbuster debut week at Wall Street
SpaceX rally loses steam: Stock price falls over 6% after blockbuster debut week at Wall Street
After a gravity-defying run since its blockbuster debut, SpaceX shares finally came back down to Earth on Thursday (local time), falling more than 6% as the post-IPO euphoria began to lose steam.
Economic Times
Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says report
Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says report
Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent times. Aggarwal, a key figure in its transformation, faces scrutiny over global experience, while Kannan brings proven leadership from Vistara. The decision, however, is complicated by internal power dynamics at Tata Sons and the airline's ongoing challenges, including operational disruptions and the aftermath of a tragic crash.
Gentlemen's agreement: Did the US cut secret side deals with Iran?
Gentlemen's agreement: Did the US cut secret side deals with Iran?
Behind the public 14-point MoU, secret negotiations between the US and Iran are reportedly delving into sensitive nuclear program details. While officials deny 'side deals,' unreleased documents, including potential IAEA inspection letters, hint at deeper understandings. This lack of transparency raises concerns about accountability and the fragile peace process.
India in talks with Russia's Rosneft to tap Siberian rare earth reserves
India in talks with Russia's Rosneft to tap Siberian rare earth reserves
India is collaborating with Russian giant Rosneft to explore Siberia's rare earth deposits, aiming to secure vital mineral supplies. These elements are crucial for electric vehicle motors and advanced electronics, areas where India currently depends on imports. Following past export disruptions, this partnership, initiated during the India-Russia summit, seeks to develop processing technologies and potentially produce essential rare-earth magnets.
FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
Bank FD rate for senior citizens up to 8.05% interest
India to hold vice-presidency of global financial crime watchdog FATF for first time
India to hold vice-presidency of global financial crime watchdog FATF for first time
India is set to assume the vice-presidency of the Financial Action Task Force (FATF) for the first time, with Vivek Aggarwal appointed to the role from July 2026 to June 2027. This significant elevation reflects India's robust anti-money laundering framework and its contributions to global financial security. Aggarwal will support the FATF president in advancing the organization's mission to combat illicit financial activities worldwide.
Indian buyers return cautiously to Dubai realty market after US-Iran deal, ticket sizes fall
Indian buyers return cautiously to Dubai realty market after US-Iran deal, ticket sizes fall
Indian property investors are returning to Dubai cautiously, with inquiries down and a shift towards smaller, rental-yield focused investments. While the interim peace deal offers optimism, competing high-return, low-risk bank deposits are drawing some NRI capital. Buyers are now seeking properties around AED 1.5 million, prioritizing clear rental logic over luxury assets, indicating a bargain-hunting approach amid lingering uncertainty.
Dollar firms as US-Iran peace deal hangs in balance; yen nears 40-year low
Dollar firms as US-Iran peace deal hangs in balance; yen nears 40-year low
The dollar remains strong against most currencies, nearing a 40-year low against the yen, as a potential US-Iran peace deal hangs in the balance. Federal Reserve projections hinting at a year-end rate hike are boosting the dollar, with traders watching closely for any intervention by Japanese authorities to support their currency. Despite a recent Bank of Japan rate hike, Japanese interest rates remain significantly lower than global counterparts.
World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobs
World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobs
The World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private sector-led job creation. This initiative supports economic growth by fostering entrepreneurship and simplifying business processes, building on recent advancements in tax and regulatory frameworks.
Eight years on, from JCPOA to MoU: How Trump's Iran deal stacks up against Obama's nuclear pact
Eight years on, from JCPOA to MoU: How Trump's Iran deal stacks up against Obama's nuclear pact
President Trump has signed a 14-point memorandum with Iran, ending a four-month conflict and opening a 60-day window for a peace deal. This new agreement, however, requires negotiating nuclear issues previously resolved by the 2015 JCPOA. Experts note the irony as both sides must now address the very nuclear questions the JCPOA had settled, with the specifics of future uranium enrichment left to these upcoming talks.
The Hindu Business Line
First urea vessel for India has started via Hormuz, to reach the east coast in 7-9 days
First urea vessel for India has started via Hormuz, to reach the east coast in 7-9 days
India's first urea vessel has departed via Hormuz, with seven more ships set to follow in coming days.
SBI Mutual Fund IPO gets SEBI approval
SBI Mutual Fund IPO gets SEBI approval
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