Jio‑BlackRock Raises ₹17,800 Cr Through Debut Fund Offer

By BPN News Desk July 7, 2025

Business Finance

Jio Asset Management, in partnership with global investment giant BlackRock, has successfully raised over ₹17,800 crore through its inaugural New Fund Offer (NFO). This staggering sum marks it as one of India’s most significant mutual fund launches to date, underscoring the powerful combination

Business Industry

Vedanta Teams Up with Worley for $1 Billion Zambia Copper-Cobalt Push

By BPN News Desk July 7, 2025

Vedanta Resources, led by Anil Agarwal, has enlisted Australia’s Worley, a global engineering and project management firm, to spearhead a major expansion at Konkola Copper Mines (KCM) in Zambia. The partnership supports an ambitious investment plan worth approximately $1 billion aimed at boosting copper and cobalt output. Vedanta Zambia Following its recovery of KCM assets

Business Markets

Asian Markets Dip as U.S. Tariff Deadline Nears

By BPN News Desk July 7, 2025

Asian equity markets mostly traded lower on Monday, July 7, as investors adopted a cautious stance ahead of the looming July 9 deadline for renewed U.S. tariffs. Concerns over rising global trade tensions, coupled with falling oil prices and mixed signals from Washington, weighed on investor sentiment across the region. Nikkei 225 (Japan): Japan’s benchmark […]

Business Finance

RBI Tightens Cybersecurity: All Banks Required to Integrate DoT’s FRI Tool

By BPN News Desk July 7, 2025

In a significant move to curb digital financial fraud, the Reserve Bank of India (RBI) has mandated all banks to adopt the Department of Telecommunications’ (DoT) Financial Fraud Risk Indicator (FRI) system. The decision, issued on June 30, 2025, marks a new chapter in India’s fight against cybercrime, ensuring real-time risk assessment for mobile numbers […]

Business Industry

Adani Enterprises Launches ₹1,000 Cr NCD Issue with Yields Up to 9.30%

By BPN News Desk July 7, 2025

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, has announced a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) worth ₹1,000 crore. The offering opens for subscription on July 9 and will remain open until July 22, 2025, unless it closes earlier due to full subscription. Adani NCD The base […]

Finance

India’s GVA to Reach $9.82 Tn by 2035, Says PwC

By Editor - News Desk July 6, 2025

India’s economic activity is projected to nearly triple over the next decade, with gross value added (GVA) expected to surge from approximately $3.39 trillion in 2023 to $9.82 trillion by 2035. A report by PwC India, titled Navigating the Value Shift, highlights a transformative shift from traditional sector-based businesses to domain-led models aligned with core human and

Business Markets

SEBI Chief Warns: “Market Manipulation Will Not Be Tolerated”

By BPN News Desk July 6, 2025

SEBI Chairman Tuhin Kanta Pandey has delivered a strong message to the financial markets, stating that market manipulation will face zero tolerance from the regulatory body. His comments come in the wake of SEBI’s interim order against US-based Jane Street Group, which was accused of unfair trade practices and directed to disgorge over ₹4,800 crore. […]

Business Trade

India Plans Retaliatory Tariffs on U.S. Goods Amid Trade Row

By BPN News Desk July 5, 2025

India has escalated trade tensions with the United States by formally notifying the World Trade Organization (WTO) of its intent to impose retaliatory tariffs on select U.S. goods. The decision comes in response to Washington’s recent 25% safeguard duties on automobile and auto part imports. This marks a hardened stance by New Delhi just days […]

Business Finance

RBI Publishes List of 1,600 Legal Digital Lending Apps

By BPN News Desk July 4, 2025

In a major move to enhance transparency and protect consumers in India’s rapidly growing fintech space, the Reserve Bank of India (RBI) has released a comprehensive list of 1,600 verified Digital Lending Apps (DLAs) on its official website. This step aims to help users identify legitimate platforms and avoid falling prey to fraudulent or unregulated […]

Business Trade

India’s Mango Exports to UAE Reach $20 Million in 2024

By BPN News Desk July 4, 2025

India’s mango exports to the United Arab Emirates touched a major milestone in 2024, reaching $20 million in value and a total export volume of 12,000 tonnes. This makes the UAE the largest importer of Indian mangoes, underlining the growing demand for premium Indian varieties in global markets. UAE Becomes Top Buyer of Indian Mangoes […]