Business News: Economy & Markets

SEBI caps rupee currency derivatives positions at $5 million without underlying exposure

IANS | November 5, 2026 8:38 PM

Mumbai, Nov 5 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday introduced a uniform $5 million limit on outstanding positions in rupee-related currency derivatives that domestic investors and foreign portfolio investors (FPIs) can hold without establishing an underlying exposure, in a move aimed at aligning market regulations with the Reserve Bank of India (RBI)'s revised foreign exchange derivatives framework.

Bihar: PM Modi to inaugurate six-lane bridge during Nov 21 Vaishali visit

IANS | November 5, 2026 8:28 PM

Patna, Nov 5 (IANS) Prime Minister Narendra Modi is scheduled to visit Bihar's Vaishali district on November 21, where he is expected to inaugurate a six-lane bridge, officials said on Thursday.

Aditya Birla Fashion's Q2 loss widens 64 pc to Rs 180 crore

IANS | November 5, 2026 8:10 PM

Mumbai, Nov 5 (IANS) Aditya Birla Fashion and Retail Limited (ABFRL) on Thursday reported a consolidated net loss of Rs 180 crore for the quarter ended September 2026 (Q2 FY27), widening 64 per cent from a loss of Rs 110 crore in the corresponding quarter last financial year (Q2 FY26).

Bikaji Foods' Q2 profit falls 11 pc to Rs 71 crore

IANS | November 5, 2026 7:43 PM

Mumbai, Nov 5 (IANS) Bikaji Foods International Limited on Thursday reported an 11.3 per cent year-on-year (YoY) decline in net profit to Rs 70.78 crore for the quarter ended September 2026 (Q2 FY27), compared with Rs 79.77 crore in the corresponding period last financial year (Q2 FY26).

BRE Summit & Expo 2026 reinforces India’s position as global renewable energy power: Pralhad Joshi

IANS | November 5, 2026 7:20 PM

New Delhi, Nov 5 (IANS) Union Minister for New and Renewable Energy Pralhad Joshi on Thursday said BRE Summit & Expo 2026 reinforced India’s position as a major global force in renewable energy, with the country already gaining international recognition of its clean energy ambitions and achievements.

Glenmark Pharma's Q2 profit plunges 57 pc to Rs 264 crore; revenue drops 30 pc

IANS | November 5, 2026 6:59 PM

Mumbai, Nov 5 (IANS) Glenmark Pharmaceuticals on Thursday reported a 56.7 per cent year-on-year (YoY) decline in consolidated net profit to Rs 264 crore for the quarter ended September 2026 (Q2 FY27), compared with Rs 610 crore in the corresponding period last financial year (Q2 FY26).

Centre launches 9th tranche of e-auction for critical mineral blocks

IANS | November 5, 2026 6:51 PM

New Delhi, Nov 5 (IANS) The Union Mines Ministry on Thursday launched the ninth tranche of e-auction for critical and strategic mineral blocks, together with the third tranche of the auction for Grant of Exploration Licence (EL) blocks.

LIC Q2 profit rises 20 pc to Rs 12,115 crore; premium income grows 16 pc

IANS | November 5, 2026 6:20 PM

Mumbai, Nov 5 (IANS) Life Insurance Corporation of India (LIC) on Thursday reported a 20 per cent year-on-year (YoY) increase in consolidated net profit to Rs 12,115 crore for the quarter ended September 2026 (Q2 FY27), driven by growth in premium collections and an improvement in asset quality.

Pakistan's military help-for-cash deal with Saudi Arabia shrouded in secrecy

IANS | November 5, 2026 5:44 PM

New Delhi, Nov 5 (IANS) The cash-starved Pakistan government, in which Army chief Asim Munir calls the shots, is strategically using its military capabilities to secure essential economic lifelines from Saudi Arabia even as the people of the country are being kept in the dark about the exact nature of the deal.

India targets debris-free space by 2030, emerges as a pioneer in this field: Dr Jitendra Singh

IANS | November 5, 2026 5:39 PM

New Delhi, Nov 5 (IANS) Union Minister of State for Science & Technology and Earth Sciences Dr. Jitendra Singh on Thursday said that India is emerging as one of the early global pioneers in space debris removal, with an Indian Startup advancing technologies to make outer space safer as the country is working towards achieving a debris-free space environment by 2030.

business

SEBI caps rupee currency derivatives positions at $5 million without underlying exposure

Bihar: PM Modi to inaugurate six-lane bridge during Nov 21 Vaishali visit

Aditya Birla Fashion's Q2 loss widens 64 pc to Rs 180 crore

Bikaji Foods' Q2 profit falls 11 pc to Rs 71 crore

BRE Summit & Expo 2026 reinforces India’s position as global renewable energy power: Pralhad Joshi

Glenmark Pharma's Q2 profit plunges 57 pc to Rs 264 crore; revenue drops 30 pc

Centre launches 9th tranche of e-auction for critical mineral blocks

LIC Q2 profit rises 20 pc to Rs 12,115 crore; premium income grows 16 pc

Pakistan's military help-for-cash deal with Saudi Arabia shrouded in secrecy

India targets debris-free space by 2030, emerges as a pioneer in this field: Dr Jitendra Singh

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