FIVE Financial News
08.02 / 12:09
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Cube Highways to acquire NIIF’s Athaang Infrastructure Road assets in $725 million deal
Subscribe to enjoy similar stories. New Delhi: Cube Highways Trust has signed share purchase agreements (SPAs) to acquire three road assets from the National Investment and Infrastructure Fund’s (NIIF) Athaang Infrastructure for an enterprise value of $725 million.
08.02 / 08:35
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08.02 / 00:47
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The week in charts: Rupee rattle, middle-class riddle, PM internship offers
Subscribe to enjoy similar stories. The Indian rupee has crossed the 87-per-dollar mark amid worries of more trade tariffs by US president Donald Trump. Meanwhile, the Indian government is planning formal talks with the US to address disputes around trade.
08.02 / 00:39
07.02 / 20:41
07.02 / 13:57
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Manufacturing must play significant role to realise USD 2 trn exports target by 2030: EXIM Bank DMD
manufacturing sector has to play a «very significant role» to realise India's aim to clock USD 2 trillion worth of goods and services exports by 2030, Deputy Managing Director of EXIM Bank Tarun Sharma said on Friday.
07.02 / 12:45
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07.02 / 06:53
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Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
Subscribe to enjoy similar stories. Mumbai: The Reserve Bank of India’s (RBI) monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut in five years, the Monetary Policy Committee's decision will lead to lower equated monthly instalments or EMIs by retail borrowers by an equivalent amount, provided their rates are linked to the repo.
07.02 / 02:41
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Against the odds: Meet the next generation of India's women tennis players
Subscribe to enjoy similar stories. Five minutes before she walked on to the court for her first WTA Tour main draw match, Maaya Rajeshwaran Revathi learnt about the change of opponents. Rather than UK’s Yuriko Miyazaki, who pulled out due to illness, she would be playing Iryna Shymanovich of Belarus.
06.02 / 19:31
06.02 / 17:33
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Rashmi Saluja stares at ouster as chairperson after losing HC appeal to bar Religare from voting on her reappointment
Subscribe to enjoy similar stories. A two-judge bench of the Delhi High Court on Thursday dismissed Religare Enterprises Ltd's chairperson Rashmi Saluja's appeal seeking a stay on an earlier single-judge bench's order that had denied her request to restrain the company's board from voting on her reappointment as director.
06.02 / 16:03
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Sebi slaps ₹ 34 cr fine on Brightcom Group, promoters for misrepresenting financials
M Suresh Kumar Reddy and Vijay Kancharla — promoters of Brightcom Group Ltd (BGL). Apart from the penalty, Sebi also barred both promoters from the securities markets for five years and restrained them from acting as a director or key managerial personnel (KMP) in a listed company or a Sebi-registered intermediary for five years.
06.02 / 15:29
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Around Rs 95,000 crore collected in lieu of forest land diversion till date: Govt
compensatory levies for forest land diversion till date, the government informed Parliament on Thursday. Union Minister of State for Environment Kirti Vardhan Singh told the Rajya Sabha in a written reply that of this amount, Rs 26,002.16 crore has been utilized for afforestation and related activities over the past five financial years (2019-20 to 2023-24).
06.02 / 12:51
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Why AIFs need regulatory innovation for next phase of growth
Subscribe to enjoy similar stories. Alternative investment funds (AIFs) have evolved from niche offerings to become a cornerstone of India's financial ecosystem. With a remarkable compound annual growth rate (CAGR) of 31% over the past five years and commitments reaching ₹12.4 trillion as of September 2024, AIFs are poised to play an increasingly critical role in reshaping India's investment landscape.
06.02 / 12:41
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New RBI guv Malhotra to announce rate decision on Fri; 25-bps reduction expected
Sanjay Malhotra, who is chairing his first Monetary Policy Committee (MPCC) meeting, will announce the decision of the six-member panel on Friday morning, amid widespread expectations of 25 basis points reduction in interest rate after a gap of nearly five years. The Reserve Bank of India (RBI) had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis following the outbreak of the Covid pandemic and subsequent lockdown.
06.02 / 06:31
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Himanshu: Will the budget’s proposals help revive India’s rural economy?
Subscribe to enjoy similar stories. That the Indian economy is going through a difficult phase is no longer a matter of speculation. The Economic Survey not only made that clear, but went further by offering evidence of a decline in earnings of the self-employed in the last six years.
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