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Day: March 26, 2026

Political Turmoil Erupts in Bhilai Civic Body as $100M Budget Passed Amid No-Confidence Motion

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Durg, India: A routine budget session of the Bhilai Municipal Corporation turned into a major political flashpoint just ahead of local elections, as council members passed an estimated ₹8.38 billion (approximately $100 million) budget for the 2026–27 fiscal year amid chaos, आरोप-प्रत्यारोप, and a no-confidence motion against the municipal commissioner. Budget Presentation Sparks Uproar Mayor … Read more

Liquor & Beer May Get Costlier in India as Industry Seeks 15% Price Hike Amid West Asia Crisis

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New Delhi, India: Alcohol consumers in India may soon have to pay significantly more for their drinks, as the country’s liquor and beer industry has formally urged state governments to approve a price increase of up to 15%. The demand comes in response to rising raw material costs and supply chain disruptions triggered by ongoing … Read more

How Small Extra Payments Are Helping Borrowers Cut Years Off Personal Loan Tenures

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New Delhi: A growing number of personal loan borrowers are discovering a simple but powerful strategy to reduce their debt burden—making small, consistent extra payments alongside their regular EMIs. Financial experts say this approach can significantly shorten loan tenure and reduce total interest paid, even without large lump-sum contributions. Traditionally, borrowers focus primarily on ensuring … Read more

GAIL (India) Ltd. Hands Over ₹1,693.79 Crore Interim Dividend to Government, Reinforcing Strong Financial Performance

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New Delhi : In a clear demonstration of its financial strength and commitment to shareholder value, GAIL (India) Limited, India’s leading natural gas company, presented an interim dividend cheque of ₹1,693.79 crore to the Government of India. The cheque was formally handed over to Dr. Arunish Chawla, Secretary of the Department of Investment and Public … Read more

Punjab National Bank Updates Statutory Central Auditors for FY 2025–26

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New Delhi : Punjab National Bank (PNB), one of India’s largest public sector lenders, has announced a revision in its Statutory Central Auditors (SCAs) for the financial year 2025–26. The change has been made in accordance with directives issued by the Reserve Bank of India (RBI) and in compliance with the Securities and Exchange Board … Read more

Bandhan Bank Appoints Debashish Mukherjee as Independent Director Following Finance Ministry Approval

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Mumbai : Bandhan Bank Limited (NSE: BANDHANBNK, BSE: 541153) has announced the appointment of Debashish Mukherjee as an Independent Director on its Board, effective March 25, 2026. The appointment comes after receiving formal approval from India’s Ministry of Finance, reinforcing the bank’s commitment to strong corporate governance and independent oversight. Board-Approved, Government-Cleared Appointment The appointment … Read more

FSIB Recommends Rakesh Kashyap as Deputy Managing Director of NABARD

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New Delhi : The Financial Services Institutions Bureau (FSIB) has recommended Rakesh Kashyap for appointment as Deputy Managing Director (DMD) at the National Bank for Agriculture and Rural Development (NABARD), marking a key leadership development at India’s apex rural financing institution. Rigorous Selection Process The recommendation comes after a comprehensive selection exercise conducted by FSIB, … Read more

Infosys Expands U.S. Footprint with Dual Acquisitions to Accelerate AI, Cloud in Healthcare and Insurance

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Bengaluru, India  : Infosys Limited (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has announced two strategic acquisitions aimed at strengthening its capabilities in healthcare and insurance technology. The company will acquire Optimum Healthcare IT and Stratus Global LLC, signaling a major push to expand its AI-driven cloud and digital … Read more