RBI
Business Finance

RBI Tightens Bad Loan Rules For Banks

By BPN News Desk
The Reserve Bank of India has issued final rules for banks to identify and provide for possible loan losses earlier, bringing India’s bad loan framework closer to global regulatory standards. RBI Expected Credit Loss Rules The new framework will require banks to set aside funds for expected credit losses instead of waiting for borrowers to […]
PayTM
Business Finance

Paytm Payments Bank To Be Wound Up

By BPN News Desk
Paytm Payments Bank To Be Wound Up Paytm Payments Bank will be wound up after the Reserve Bank of India cancelled its banking licence, more than two years after the regulator imposed strict business restrictions on the payments bank. RBI Cancels Paytm Payments Bank Licence The RBI cancelled the licence of Paytm Payments Bank under […]
reliance
Business

Reliance GDR Falls After Q4 Results

By BPN News Desk
Reliance Industries’ global depository receipt fell after the company reported its March quarter earnings, giving investors an early overseas market signal before the stock resumes trading on Monday. Reliance GDR Price Drops After Q4 Results Reliance Industries’ GDR closed at $57.50 after the Q4 FY26 results, down 0.86% in intraday trade. Since one Reliance GDR […]
AI
Business

Google To Invest $10 Billion In Anthropic

By BPN News Desk
  Google will invest $10 billion in Anthropic, strengthening its financial and cloud partnership with one of the world’s fastest-growing artificial intelligence companies. Another $30 billion could follow if Anthropic meets specific performance targets. Google Anthropic Investment Deal The latest investment values Anthropic at around $350 billion. The immediate $10
rupee
Business Finance

Rupee Weakens To 94.29 Against US Dollar

By BPN News Desk
Rupee Weakens To 94.29 Against US Dollar The Indian rupee weakened for the fifth straight session on Friday, slipping to 94.29 against the U.S. dollar in afternoon trade. The fall came as higher crude oil prices, safe-haven dollar demand and uncertain U.S.-Iran peace talks weighed on emerging market currencies. Indian Rupee Falls For Fifth Session […]
meta
Business

Meta, Microsoft Cuts May Hit 23,000 Roles

By BPN News Desk
Meta, Microsoft Cuts May Hit 23,000 Roles Meta and Microsoft are moving to reduce workforce costs as both companies increase spending on artificial intelligence and data centre infrastructure. The latest round of job cuts, buyouts and unfilled roles could affect around 23,000 positions across the two tech giants. Meta Layoffs To Affect 8,000 Employees Meta […]
arrest
Business

Four TCS Staff Held In Fresh Nashik Harassment Case

By BPN News Desk
Four Tata Consultancy Services employees in Nashik have been arrested in a fresh harassment case, adding to the widening investigation already underway into serious allegations at the company’s BPO unit. Police said the new case includes accusations of sexual harassment and hurting religious sentiments, with the complaint also alleging that the wife of a male […]
gold
Markets

Gold Prices Fall As Dollar Gains Strength

By BPN News Desk
Gold prices fell further on Thursday as investors shifted toward the U.S. dollar amid uncertainty over Iran talks and expectations that U.S. interest rates could stay higher for longer. The decline came as rising oil prices added to inflation concerns, reducing the appeal of non-yielding assets such as gold. Gold Prices Fall On Stronger Dollar […]

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