India Inc.s credit profile strengthened in H1 FY26, with upgrades outpacing downgrades and corporate leverage at a decade-low. Infrastructure, BFSI, and manufacturing led gains, while microfinance, auto ancillaries, and chemical sectors faced pressure.
Sebi introduces strict intraday limits for index derivatives from October 1, capping positions, enforcing checks, and penalizing breaches, aiming to curb speculative excess, reduce volatility, and ensure orderly trading.
Retiring U.S. Sen Dick Durbin could be key to how long a shutdown lasts or whether it happens at all. He's sided with the GOP before but seems less likely to this time.
Major global cities now face 26% more very hot days annually than three decades ago, with 2024 marking the highest count. A new analysis reveals this alarming trend, particularly impacting vulnerable residents in informal settlements. Experts urge urgent funding for urban adaptation measures to protect city dwellers from escalating heat stress.
PFS CEO R Balaji addressed the recent resignations of three independent directors, denying knowledge of any issues or difficulties in impartial functioning cited by them. He maintained board meetings were harmonious and the company boasts an independent board. Balaji confirmed ongoing communication with former directors while outlining PFS's four-pillar transformation plan, expressing confidence despite emerging governance questions.
