Savings Effect

RCF Approves ₹1,500 Cr FPO 📈 🏭 Shareholders of Rashtriya Chemicals and Fertilizers (RCF) have approved a proposal to raise up to ₹1,500 Cr through a Further Public Offering (FPO). 📅 Approval Date: 25 Sep 2026 💰 Fundraising: Up to ₹1,500 Cr 📦 Issue Type: Fresh Equity Shares 🔹 Next Steps: The proposal still requires final clearance from the Department of Fertilizers and the Department of Investment and Public Asset Management (DIPAM), Government of India.

Oil prices rise over 1% as Trump rejects Iran's proposal to reopen Strait of Hormuz

Mehli K Mistry, a long-time associate of late industrialist Ratan Tata and former trustee of the Tata Trusts, reportedly stepped down as a trustee of the Tata Medical Centre Trust, which runs the Tata Medical Centre in Kolkata.

India’s foreign exchange reserves declined by $14.9 billion to $765.9 billion during the week ended September 18, marking the sharpest weekly fall since November 15, 2024, the latest data released by the Reserve Bank of India showed on Friday. The total reserves stood at $780.8 billion in the previous week ended September 11.

Opposition INDIA bloc parties are likely to meet in New Delhi on September 30 to discuss concerns over the Election Commission and the SIR of electoral rolls, besides other issues, sources said. The proposed meeting comes amid increased coordination among opposition parties over the Election Commission following reports of differences within the poll panel over aspects of the SIR exercise.

🔻 Ola Electric shares fall up to 9%, snapping 4-day run, ahead of board meeting to consider fundraise Ola Electric stock fell after the company's shares rose more than 16% in the previous four trading sessions.

✈️ Indian tourism has grown at a 17% CAGR over the past five years, with travel spreading beyond major cities.

LIC’s Dinesh Pant and former New India Assurance chief Girija Subramanian have been appointed to IRDAI.

Anjali Labtech files papers for ₹1,225 crore IPO to expand lab-grown diamond production

Tesla opens first Chennai experience centre as it expands India footprint