Daily Republic News
- Business
- May 13, 2026
SEBI Defers New Intraday Borrowing Guidelines For Mutual Funds To July 15
The Securities Exchange Board of India (SEBI) on Wednesday, May 13, proposed to allow mutual funds to use intra-day borrowings for purposes beyond investor redemptions, and payouts, while also deferring the implementation of guidelines on such borrowings to July 15.The market reg Read More
- Business
- May 13, 2026
Banks Not Liable For Offshore Fund Taxes In India According To SEBI Sources In New Clarification
Indian banks and brokers will not be liable for taxes owed by local representatives of offshore funds, the markets regulator clarified on Wednesday, two sources with direct knowledge of the matter said, lifting a hurdle that had delayed fund launches.Last month, India’s federal t Read More
- Business
- May 13, 2026
Cabinet Approves Rs 37,500 Crore Coal Gasification Scheme To Cut Import Dependence
The Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crore, Union Minister Ashwini Vaishnaw said during a Cabinet br Read More
- Business
- May 13, 2026
Berger Paints Hits 3-Month High: 3 Key Takeaways From Q4 Results
Berger Paints Stock Price: The shares of Berger Paints surged over 9% to hit a three-month high of Rs 533.35 apiece on Wednesday, May 13 after the company reported a 27.52% jump in Q4 FY26 net profit.In the quarter ended March, the Kolkata-headquartered company reported a net pro Read More
- Business
- May 13, 2026
Air India Suspends Several International Routes; Chicago and Shanghai Flights Hit
Air India is shrinking its global schedule to survive a “tough operating environment.” The airline confirmed that record-high jet fuel prices and closed airspaces have made many long-distance flights too expensive to fly.By cleaning up its summer 2026 schedule now, the airline wa Read More
- Business
- May 13, 2026
From Senco To Kalyan: Why These Gold Stocks Plummeted Upto 6% On May 13
After the centre raised import duties on gold, and silver to 15% from 6%, the shares several jewellery stocks came under pressure, declining upto 6%.The import duty hike on gold is aimed at reducing imports, strengthen the rupee, and maintain forex reserves.On this move, Axis Sec Read More
- Business
- May 13, 2026
Rupee Sinks to Record Low of 95.74 Against Dollar as Oil Supply Risks Strain India’s Economy
The Indian Rupee hit a psychological breaking point on Wednesday, touching an intraday low of 95.74 at the interbank foreign exchange market. Market sentiment turned risk-off after US President Donald Trump rejected Iran’s latest peace proposal, describing it as “totally unaccept Read More
- Business
- May 13, 2026
RBI Ready to Intervene as Governor Malhotra Warns of Fuel Price Hike, Says ‘Only a Matter of Time’
India’s monetary policy can look through temporary supply shocks but may intervene if inflation pressures become entrenched following the Iran war-driven oil price spike, central bank Governor Sanjay Malhotra said.Malhotra was speaking at a conference in Switzerland late on Tuesd Read More
- Business
- May 13, 2026
India’s FY27 GDP Growth Projected At 6.7%: Morgan Stanley
Morgan Stanley has revised India’s FY27 GDP projection to 6.7% from 6.2% forecasted in April despite the ongoing concerns linked to ongoing West Asia crisis.In April, it was that forecasted crude oil prices average $95 per barrel (bbl) in FY27 with gas availability as an additio Read More
- Business
- May 13, 2026
RBI Likely to Hold Repo Rate at 5.25%; Is Your Dream of a Lower EMI Disappearing?
Homeowners waiting for a dip in their monthly installments may need to buckle up for a longer wait. The central bank is widely anticipated to maintain the status quo on interest rates. This decision is driven by the need to keep inflation within a manageable bracket as global com Read More
