The Tribune is tracking 11 everyday costs for Americans eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas and how they are changing, or not, under the second Trump administration. This tracker is updated monthly using CPI data from the U.S. Bureau of Labor Statistics.
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders, provided their stakes remain unchanged. This move aims to provide flexibility in equity restructuring and improve capital management, aligning with the DPIIT's April announcement and broader efforts to attract foreign capital.
SBI Mutual Fund purchased a 3.6% stake in Asian Paints from Reliance Industries for Rs 7704 crore, marking one of Indias biggest bilateral block deals. Reliance monetized a 17-year-old investment, reaping a 23-fold return amid competitive industry pressures.
