The Reserve Bank of India (RBI) has expanded its foreign exchange risk reserve (FERR) requirement to cover rupee derivative contracts used by authorised dealers to hedge currency risks arising from their own assets and liabilities. Unlike the existing rules for customer transactions, which apply...
Local
Mumbai: The Indian rupee strengthened for a third consecutive session on October 13, gaining 40 paise to close provisionally at 95.38 against the US dollar as Reserve Bank of India measures supported the currency. The rupee opened at 95.53 and traded between 94.96 and 95.53 durin...
Local
Mumbai's October heat can make even the simplest snack feel like an effort, but Soha Ali Khan has a refreshing recipe worth trying. The actor recently shared a quick cucumber-based snack that combines creamy hung curd with crunchy chips, making it an easy option for days when you...
Local
Mumbai: Indian stock markets rebounded sharply on October 13 as buying in information technology shares and optimism about corporate earnings lifted benchmark indices after the previous session’s decline. The BSE Sensex climbed 1,109.10 points, or 1.54 per cent, to finish at 73,0...
News
Nashik: Nashik Lok Sabha MP Rajabhau Waje returned to the city on Tuesday, Oct 13, after participating in the 81st Session of the United Nations General Assembly (UNGA) in New York as a member of the Indian parliamentary delegation. Citizens and party workers welcomed him at Nash...
safety
Pune: A 22-year-old woman was killed and another sustained serious injuries after their two-wheeler rammed into an improperly parked 18-wheeler container truck near the Katraj tunnel in the Jambhulwadi area along the Mumbai-Bengaluru Highway in Pune. The accident took place on Su...
government
The Securities and Exchange Board of India (SEBI) has extended until March 31, 2027, the relaxation allowing companies to revise the fresh issue component of their initial public offerings (IPOs) without submitting fresh draft offer documents. The regulatory relief permits eligib...
Local
Mumbai: State Bank of India (SBI) , the country's largest public sector lender, has announced that eligible small merchants can continue to receive UPI payments through QR codes without paying Merchant Discount Rate (MDR) charges, provided their monthly receipts remain within Rs ...
business
Mumbai: Eimco Elecon (India) Ltd announced on 13 October 2026 its unaudited financial results for the quarter and half-year ended 30 September 2026, reporting a 70.9% year-on-year increase in revenue for the second quarter of FY27. Q2 FY27 Financial Highlights The company’s reven...
News
A 22-year-old gym trainer, Arif Shaikh, has been taken into custody following grave accusations from a 23-year-old woman. She alleges that Arif raped her multiple times under the guise of a promise of marriage and coerced her into changing her religion. The complainant further cl...
Local
Mumbai: PTC Industries Limited announced on October 13, 2026, the successful completion of its Qualified Institutions Placement (QIP), through which it raised ₹1,800 crore from institutional investors. The QIP witnessed significant demand from both international and domestic inst...
safety
Pimpri-Chinchwad: More than 55 tola of gold jewellery and ₹5 lakh in cash were allegedly stolen from a two-storey bungalow in Talawade between 12.30 am and 2.30 am on Tuesday. Police suspect that three workers employed at a construction site near the house may be involved in the ...
Local
Nashik: Rail passengers travelling between Nashik and Mumbai are likely to face disruptions over the next three days as Central Railway has scheduled traffic and power blocks at Kasara station from Oct 14 to 16 for yard expansion and third-line connectivity work. Local train serv...
