United Spirits termed reports of Diageo planning to sell its stake in RCB as speculative, following the team’s IPL 2025 triumph. The buzz suggested Diageo was seeking a $2 billion valuation for the franchise, but no official confirmation was made.
India's rising household debt is manageable, primarily due to high credit quality borrowers and its allocation towards asset creation (25%) and productive purposes (30%).
Diageo Plc is considering a partial or full stake sale in Royal Challengers Bengaluru (RCB), potentially valuing the IPL franchise at $2 billion. The move could bring a new RCB owner amid Diageo’s global business strategy shift.
India's central bank (RBI) will re-issue Rs 30,000 crore worth of government securities, including Rs 5,000 crore in sovereign green bonds (SGrBs) maturing in 2054, on June 13, 2025. The SGrBs will fund environmentally sustainable projects.
This post details the legal limits and tax rules for holding gold jewelry in India.
India's wires and cables (W&C) industry anticipates robust growth over the next five years, fueled by increased demand from real estate, power infrastructure, and emerging sectors like data centers.
The RBI will discontinue daily Variable Rate Repo (VRR) auctions from June 11, 2025, due to a Rs 3 lakh crore liquidity surplus in the banking system. Low demand for daily VRR and a recent CRR cut further contribute to this surplus.
Pensioners are staging nationwide protests demanding a PF pension hike. Their main demand is to increase the minimum pension from Rs 1,000 to Rs 7,500.
Navigating the home loan process requires careful planning. From understanding interest rates and bank terms to checking your credit score and managing your budget, this guide provides essential steps to ensure a smooth and successful experience.
Nagaland's Dear Godavari Morning, Dear Comet Evening, and Dear Goose Night lotteries offer a Rs 1 crore top prize. Results are available on authorized websites like nagalandlotteries.com after 1 PM, 6 PM, and 8 PM respectively.