Reporter News - IBJ Bureau
Record $127-bn foreign currency deposits flood banks as...
- Sep 03, 2026
India has mobilised a record $127.23 billion through foreign currency deposits under the Reserve Bank of India’s (RBI) special Foreign Currency...
Gross GST mop-up surges by 14.8% to nearly Rs 2 lakh crore...
- Sep 02, 2026
Gross Goods and Services Tax (GST) revenue rose by 14.8 per cent year-on-year (YoY) to Rs 1,99,853 crore in August 2026 compared with Rs 1,74,116...
Happiest Minds, ITC Infotech strike a Rs 1,330-crore merger...
- Sep 01, 2026
Happiest Minds Technologies will merge with ITC Infotech India, while founder and Executive Chairman Ashok Soota and Ashok Soota Medical Research...
Consumption, exports and govt capex boost Q1 FY27 GDP to a...
- Aug 31, 2026
India’s Gross Domestic Product (GDP) quickened to 7.8 per cent in the first quarter (Q1) of FY27, up from revised 6.9 per cent in the same quarter...
US Fed Chairman Kevin Warsh hints at rate hikes if prices...
- Aug 30, 2026
The US central bank will “have work to do” if policymakers do not get the confidence they need that inflation is heading down to 2 per cent,...
Growth in industrial output sputters to 6.7% in July 2026...
- Aug 29, 2026
Growth of industrial output slowed to 6.7 per cent in July from 8.8 per cent in the preceding month mainly due to a contraction in the mining...
Nvidia projects a 70% surge in revenue in 2027, spurred by...
- Aug 28, 2026
Nvidia has forecast a 70 per cent jump in revenue next financial year, underscoring unabated demand for AI computing.However, the chip designer...
Meta settles children’s addiction case, agrees to pay US...
- Aug 27, 2026
Meta Platforms will pay US States up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram.These...
Industry Minister Nandi directs UP officials to set...
- Aug 26, 2026
Uttar Pradesh will set annual investment targets for every district and strengthen training and performance assessments for Udyami Mitra and District...
Air India taps promoters Tatas, Singapore Airlines for...
- Aug 26, 2026
Air India is seeking about $1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines months after the second-largest Indian...
TCS to buy Porsche’s consulting unit MHP, wins AI deal...
- Aug 25, 2026
Tata Consultancy Services will buy Porsche’s automotive and consulting unit MHP,the IT major has said.The deal is a part of a wider...
SBI may double total business to Rs 200 lakh crore by 2030:...
- Aug 24, 2026
State Bank of India’s (SBI) total business could potentially double to around Rs 200 lakh crore by 2030 when the country’s largest lender marks...
GAIL to expand LPG pipeline network by 1,800 km for Rs...
- Aug 23, 2026
The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved about 1,800 km of liquefied petroleum gas (LPG) pipeline infrastructure at...
Samsung Electronics pegs shareholder returns hitting record...
- Aug 22, 2026
Samsung Electronics expects its shareholder returns for this year to reach up to 110 trillion won ($79.54 billion), including 30 trillion won...
Good connectivity, eased visa process to drive MICE sector...
- Aug 21, 2026
India’s MICE (meetings, incentives, conferences and exhibitions) sector is expected to grow at 12 to 14 per cent annually over the next three to...
Cabinet clears Rs 13,041-cr rail, highway projects to ease...
- Aug 20, 2026
The Union Cabinet has approved four railway projects and a highway project worth Rs 13,041 crore.The first three railway projects are a part of the...
BPCL lines up Rs 5,000-crore NCD issue to fund expansion...
- Aug 19, 2026
Bharat Petroleum Corporation (BPCL) has approved a plan to raise up to Rs 5,000 crore through non-convertible debentures (NCDs), according to a...
31 electronics component projects worth Rs 7,877 crore get...
- Aug 18, 2026
The government has approved 31 fresh proposals under the ambitious Electronics Component Manufacturing Scheme (ECMS), involving investments of Rs...
In a first, govt allots daily LPG output target for all...
- Aug 17, 2026
The government has for the first time fixed maximum cooking gas LPG production targets for individual public and private sector refineries and...
SHANTI Act rules permit private, foreign players to operate...
- Aug 16, 2026
India has proposed a tightly supervised approval regime for private nuclear power generation, opening the door to foreign reactor technologies...
RBI to shut special forex swap facility for FCNR(B)...
- Aug 15, 2026
The Reserve Bank of India (RBI) will close a discounted forex swap facility for banks a month earlier than planned following robust inflows of...
L&T wins order from US company to set up largest,...
- Aug 14, 2026
Larsen & Toubro (L&T) has secured an order ranging between Rs 10,000 crore and Rs 15,000 crore to build the country’s largest...
BofA to buy 49.9% in Jio Credit for Rs 18,268 crore to gain...
- Aug 13, 2026
Bank of America (BofA) will acquire a 49.9 per cent stake in Jio Credit, a subsidiary of Jio Financial Services, in a Rs 18,268-crore deal, as the US...
95 of 372 SEZs non-operational due to approval delays,...
- Aug 12, 2026
As many as 277 special economic zones (SEZs) are operational and 95 non-operational in the country as on July 31 this year, the Parliament was...
CESC in deal to purchase six solar plants from ReNew Energy
- Aug 11, 2026
CESC will be acquiring six operating solar power plants with a total capacity of of 1.4 gw-peak (gwp) spread across Rajasthan and Karnataka from...
US Senate Republicans set the stage for Clarity Act to...
- Aug 10, 2026
US Senate majority leader John Thune has moved to advance a major Bill that will create a regulatory framework for cryptocurrencies.If passed, it...
NBFCs’ gold loans grow nearly 70% in June, rising the...
- Aug 09, 2026
Gold-backed lending by non-banking financial companies (NBFCs) continued to grow at nearly 70 per cent year-on-year (YoY) in June 2026, extending the...
AI-driven job gains outnumber losses, cites a...
- Aug 08, 2026
India, the world’s back office for many global companies, is emerging as a key test case for artificial intelligence’s (AI) impact on employment,...
Coal India enters iron ore mining after winning Gadadharpur...
- Aug 07, 2026
Coal India has said that it has won the Gadadharpur iron ore block in Odisha through a competitive auction.This marks the State-run...
RBI holds Repo Rate at 5.25% as it awaits clarity on...
- Aug 06, 2026
The Reserve Bank of India (RBI) kept the Repo Rate unchanged at 5.25 per cent for the fourth consecutive time on Wednesday.The RBI’s six-member...
New Bill in Parliament may bring back MDR on high-value...
- Aug 05, 2026
Union Finance Minister Nirmala Sitharaman has introduced the Taxation and Other Laws (Amendment) Bill, 2026, in the Lok Sabha.The Bill has proposed a...
Govt to sell 6.5% in LIC to mop up funds, comply with...
- Aug 04, 2026
The government has announced an Offer for Sale (OFS) in Life Insurance Corporation of India (LIC) to divest its 2.5 per cent stake with an option to...
Radisson sets 500-hotel target by 2030 with focus on new...
- Aug 03, 2026
India has emerged as one of Radisson Hotel Group’s strategic global growth engines.The hospitality company is on track to reach the 500-hotel...
Exports, vibrant ecosystem can help India grab 4% of global...
- Jul 30, 2026
The Indian toy sector is expected to capture about 4 per cent of the global toy market by 2047, according to a report by the Department for Promotion...
HUDCO lines up $1.3-billion ECB with RBI’s swap facility...
- Jul 29, 2026
Housing and Urban Development Corporation (HUDCO) will be raising $1.3 billion via external commercial borrowings (ECB) in the next five months to...
Cotton yarn industry revenue set for a robust recovery on...
- Jul 28, 2026
India’s cotton yarn industry is poised for a healthy recovery in FY27, with revenue expected to rise by 9 to 11 per cent after a flattish FY26.The...
Affordability, new technologies key drivers in buying...
- Jul 27, 2026
Rising concerns over affordability, growing interest in electric vehicles (EVs) and advanced technologies, and changing preferences of mobility are...
ONGC launches deep-water exploration campaign Samudra...
- Jul 26, 2026
Oil and Natural Gas Corporation (ONGC) has commenced drilling its first deep-water exploratory well in the Mahanadi offshore basin.This marks the...
Eased e-commerce policy set to boost exports, help MSMEs to...
- Jul 25, 2026
The government has eased foreign investment rules to allow e-commerce companies to buy products directly from Indian sellers and sell them to...
Brent breaches past $100 as Houthi rebels attack Saudi...
- Jul 24, 2026
Brent oil shot to its highest price since May on Thursday as increased fighting in the Middle East threatened to slow the global flow of crude oil.At...
629 of 1,191 national highways miss deadline; 103...
- Jul 23, 2026
As many as 629 national highway projects have missed their original completion schedule among the total 1,191 under-construction projects, the...
Capex super-cycle to drive manufacturing to $1.5 trillion...
- Jul 22, 2026
India’s manufacturing sector is likely to see sharp growth in the coming years, supported by industrial policy and reforms, Morgan Stanley has said...
IndiGo inks deal with CFM for 1,000 LEAP-1A engines, MRO...
- Jul 21, 2026
IndiGo has signed a preliminary agreement with CFM International to buy over 1,000 LEAP-1A engines.The deal marks a record order for the French-US...
NITI Aayog seeks stakeholders’ views on improving...
- Jul 20, 2026
The government has launched a review of the framework governing industrial corridors, industrial parks and integrated manufacturing ecosystems.The...
Skyroot’s Vikram-1 takes off, thrusting Indian private...
- Jul 19, 2026
Mission Aagaman marks arrival of private sector in spaceSkyroot Aerospace has launched the country’s first privately developed orbital...
India joins elite club of green mobility as its first...
- Jul 18, 2026
Indian Railways has added another feather to its cap in clean mobility, with Prime Minister Narendra Modi flagging off India’s first hydrogen fuel...
SBI Funds IPO subscribed by over 41 times with QIBs driving...
- Jul 17, 2026
The initial public offer (IPO) of SBI Funds Management received 41.66 times subscription on the closing day of bidding on Thursday.The Rs...
Govt nod for Rs 1.9-lakh crore chip, mobile production...
- Jul 16, 2026
The Union Cabinet has approved two major manufacturing initiatives with a combined outlay of nearly Rs 1.9 lakh crore.The two schemes will expand the...
India’s first services index launched, reflecting robust...
- Jul 15, 2026
The government has introduced the Index of Services Production (ISP), India’s first, high-frequency, macroeconomic indicator, designed to measure...
Aditya Birla’s Sprng acquisition takes its total...
- Jul 14, 2026
Grasim Industries’ subsidiary Aditya Birla Renewables (ABR) will buy Sprng Energy from British oil major Shell in a deal worth $1.8 billion.The...
Ladakh geothermal project hits a new milestone as ONGC...
- Jul 13, 2026
Oil and Natural Gas Corporation (ONGC) has completed drilling its second geothermal well in Ladakh’s Puga Valley.The project marks yet another step...
Meta removes Muse Image after major concerns over data...
- Jul 12, 2026
Social media platform Meta has scrapped a controversial feature in its recently announced Muse AI image generator, Muse Image, after concerns over...
SEC order mandating activist investors to disclose their...
- Jul 11, 2026
Activist investors in the US must disclose the identities of their clients in regulatory filings, the Securities and Exchange Commission (SEC) has...
Private credit industry set for $100-bn expansion with rise...
- Jul 10, 2026
India’s private credit industry has the potential to expand to $100 billion by 2050 from the current around $30 billion, National Pension System...
Personal loans, other products beat credit cards in share...
- Jul 09, 2026
Credit cards are losing ground to personal loans and other consumption-credit products.A new research report by TransUnion CIBIL notes that lower...
Auto component exports rise 5%, driven by surging demand...
- Jul 08, 2026
The auto component industry grew strongly by 12.7 per cent in FY26, with exports growing by 5 per cent.However, imports grew faster than exports,...
Microsoft set to lay off 4,800 workers, joining tech...
- Jul 07, 2026
Microsoft is cutting about 2.1 per cent of its workforce, or roughly 4,800 jobs.This is the latest in a wave of tech layoffs, as the Windows-maker...
SPIRITUAL CORNER - The Atma Through The Stages
- Jul 06, 2026
Dadashri: The Soul has three states:1. Dharmadharma Atma (Mudhatma) – One who believes this relative world as real. The one who is asleep...
AT THE HELM - Akash Ambani, Chairman, Reliance Jio Infocomm
- Jul 06, 2026
At 34, Akash Ambani has emerged as one of the faces of Reliance Industries’ (RIL) next generation of leadership. As chairman of Reliance Jio...
Government notifies Rules of Origin for goods traded under...
- Jul 06, 2026
The India-UK Free Trade Agreement (FTA) has pegged the minimum local value addition level for manufactured products between 35 and 55 per cent to...
Continental in deal with Lone Star Funds to offload...
- Jul 05, 2026
Continental has said that it has signed an agreement to sell its ContiTech plastics and rubber business to private equity firm Lone Star Funds for...
HCLTech bags $1.14-bn deal from a European firm to set up...
- Jul 04, 2026
India’s HCLTech has won a $1.14-billion deal with a major European firm, the software services exporter has said.The deal will require...
Google stares at 4.1-billion euro fine after losing...
- Jul 03, 2026
Google has lost its long-running fight against a record EU antitrust fine for using its Android mobile operating system to block...
Airlines offer basic fare options to woo passengers with...
- Jul 02, 2026
Domestic airlines are increasingly unbundling their products to cater to different categories of travellers.They are offering stripped-down fare...
APSEZ inks deal to sell 49% in Vizhinjam; sees tie-up...
- Jul 01, 2026
Adani Ports and Special Economic Zone (APSEZ) has announced that it has entered into a definitive agreement with Terminal Investment (TiL), the...
Cabinet’s nod for Rs 30,000 crore more in new NIIF funds...
- Jun 30, 2026
The Union Cabinet has approved an additional investment commitment of Rs 30,000 crore towards new and upcoming funds of the National Investment and...
Government plans easier compliance, AI-powered enforcement...
- Jun 29, 2026
India is moving the Goods and Services Tax (GST) regime towards artificial intelligence (AI)-driven enforcement and simpler compliance as it enters...
Persistent to acquire Germany’s Nagarro through a public...
- Jun 28, 2026
Persistent Systems has said that it has signed a business combination agreement with Nagarro and will launch a voluntary public takeover offer,...
A new sea shipment initiative makes mango exports...
- Jun 27, 2026
In a major breakthrough for India’s fresh fruit export sector, Indian mangoes have successfully reached Singapore through sea shipment.This marks a...
Adani sets aside Rs 20,000 cr for airport cities as hubs of...
- Jun 26, 2026
Adani Airport City (AACL), a wholly-owned subsidiary of Adani Airport Holdings (AAHL), has unveiled plans to develop integrated airport cities across...
Services index to be launched in July to add to IIP and...
- Jun 25, 2026
The Ministry of Statistics and Programme Implementation (MoSPI) is set to launch the Index of Services Production (ISP) in July 2026.The base year...
NITI Aayog prescribes big reforms to spur high-value...
- Jun 24, 2026
NITI Aayog has proposed a series of reforms to transition India from pharmacy of the world to a global pharmaceutical innovation hub.The reforms...
Meta’s $900-million investment in CRED to scale up its...
- Jun 23, 2026
Meta Platforms will invest $900 million in Bengaluru-based fintech start-up CRED, valuing it at $4.5 billion.Besides, CRED founder Kunal Shah...
ADB targets $1 billion in funding to private sector...
- Jun 22, 2026
Asian Development Bank (ADB) is looking to provide about $1 billion in direct financing to support private sector operations in India this...
Odisha coal gasification plant to meet 35% of India’s...
- Jun 21, 2026
The Rs 25,016-crore coal gasification project in Odisha, whose foundation stone was laid recently, is expected to meet nearly 35 per cent of...
Jio files IPO papers; likely to mop up Rs 36,000 cr to...
- Jun 20, 2026
Billionaire Mukesh Ambani’s Reliance Jio Platforms has filed regulatory papers for an initial public offer (IPO) to raise around $3.8 billion...
L’Oreal snaps up Innovist in the largest deal in Indian...
- Jun 19, 2026
L’Oreal will acquire a majority stake in India’s Innovist, as the French cosmetics company looks to step up its share of one of the world’s...
After a decade’s wait, India’s largest stock exchange...
- Jun 18, 2026
National Stock Exchange of India (NSE) has filed draft papers for an initial public offer (IPO).This will be one of two mega IPOs in the country this...
Even after Hormuz Strait reopens, it would take months for...
- Jun 17, 2026
The US and Iran have reached an agreement to end the over 100-day war.The deal, which will be officially signed on Friday, will reopen the Strait of...
US-Iran deal may bring big gains for India with...
- Jun 16, 2026
The US-Iran tentative deal to end their 107-day conflict and reopen the Strait of Hormuz could at once boost India’s economic sentiments, ease an...
RBI revamping cross-border payments ecosystem to boost...
- Jun 15, 2026
The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exporters,...
IOB lines up Rs 5,000-crore mop-up via QIPs, FPOs and...
- Jun 14, 2026
State-run Indian Overseas Bank (IOB) plans to raise up to Rs 5,000 crore in equity capital during FY27 through a mix of qualified institutional...
SpaceX makes dazzling debut on Nasdaq, turning Elon Musk...
- Jun 13, 2026
SpaceX jumped 19 per cent in its Nasdaq debut on Friday, sending the company’s value past $2 trillion.The Nasdaq listing turned SpaceX into the...
Anthropic chief calls for stronger government regulations...
- Jun 12, 2026
Anthropic CEO Dario Amodei has urged that as artificial intelligence (AI) grows more powerful, governments must move beyond transparency measures and...
RBI unveils new norms to finance REITs, InvITs; rejects...
- Jun 11, 2026
The Reserve Bank of India (RBI) has issued final rules that permit commercial banks to lend to real estate investment trusts (REITs) and...
Structural issues mar FTA gains for Indian exporters even...
- Jun 10, 2026
India currently has 15 free trade agreements (FTAs) in force and is negotiating or implementing another nine agreements.These pacts could eventually...
Bombay High Court quashes govt’s one-time spectrum charge...
- Jun 09, 2026
The Bombay High Court has quashed the Centre’s 2012 decision to impose a one-time spectrum charge for spectrum held above 6.2 mhz from 2008...
Data centres to use water enough for 1.3 billion people...
- Jun 08, 2026
Rise of artificial intelligence (AI) tools in the last few years has led to companies setting up massive data centres around the world.Concerns over...
New norms mandate standard pack sizes for edible oils for...
- Jun 07, 2026
The Department of Consumer Affairs has prescribed standard pack sizes for edible oils under the Legal Metrology framework.The move is aimed at...
Robust consumption, government expenditure spur real GDP...
- Jun 06, 2026
The country’s Gross Domestic Product (GDP) expanded by 7.8 per cent in real terms (deducting inflation numbers) in the January-March quarter or the...
L&T slots Rs 18,600 crore for data centres, electronics and...
- Jun 05, 2026
Larsen & Toubro (L&T) has committed to invest Rs 18,600 crore in data centres, electronics manufacturing and shipbuilding infrastructure in...
Govt approves Rs 10,000-crore ATF fund to curb air fare...
- Jun 04, 2026
The Union Cabinet has approved a Rs 10,000-crore Aviation Turbine Fuel (ATF) Price Stabilisation Programme to cushion airlines from soaring fuel...
Anthropic plans big expansion as more entities rush for...
- Jun 03, 2026
Anthropic has said that it is planning a wider rollout of Claude Mythos Preview, the company’s artificial intelligence (AI) model.Project...
Zee scores a big goal with FIFA World Cup broadcast rights...
- Jun 02, 2026
FIFA has struck a deal with Zee Entertainment to broadcast the 2026 World Cup football in the country. Financial terms of the deal have not been...
LIC mulls floating a fintech arm, eyes strategic investment...
- Jun 01, 2026
State-owned insurer Life Insurance Corporation of India (LIC) is exploring the possibility of setting up a fintech arm either through strategic...
SPIRITUAL CORNER - One Needs The Vitarag Dharma For Moksha
- Jun 01, 2026
Dadashri: Gnan is endless. However, there is no other Gnan (knowledge) beyond that which the Vitarags have conquered. The Vitarag never loses....
Textile industry gets input cost relief as govt scraps...
- May 31, 2026
The government has exempted cotton imports from payment of duty from June 1, according to a notification from the Ministry of Finance.The exemption...
Rupee makes a splash as global trade billing in Indian...
- May 30, 2026
The rupee is being increasingly used for import and export invoicing over the years, data compiled by the Reserve Bank of India, shows.The...
RIL raises $625-million Samurai loan – the largest-ever...
- May 29, 2026
Reliance Industries (RIL) has executed the largest-ever Samurai loan raised by an Indian company.The loan transaction underscores growing confidence...
Supreme Court quashes CCI’s order suspending Amazon’s...
- May 28, 2026
The Supreme Court has set aside the Competition Commission of India’s (CCI) order, suspending Amazon’s investment deal with the Future Group and...
India, US clinch framework agreement on critical minerals,...
- May 27, 2026
India and the US have signed a major framework agreement on critical minerals and rare earths during US Secretary of State Marco Rubio’s visit to...
Sitharaman flags 3Fs – fuel, fertiliser, forex – as...
- May 26, 2026
Finance Minister Nirmala Sitharaman has urged the country to focuson fuel, fertiliser and foreign exchange (forex) and underlined Prime...
DMRC subsidiary eyes global expansion, as foreign countries...
- May 25, 2026
Israel, Egypt, Kenya and some other countries have approached Delhi Metro Rail Corporation (DMRC) for possible collaboration in metro projects, DMRC...
Citi turns to growth hub Asia for a bulk of its hiring in...
- May 24, 2026
Citigroup plans to allocate a significant portion of hiring in its global wealth management to Asia.Asia is where Citi’s private banking is growing...
RBI announces record FY26 dividend of Rs 2.87 lakh crore to...
- May 23, 2026
The Reserve Bank of India (RBI) has declared a record surplus transfer of Rs 2.87 lakh crore to the government for FY26.The all-time high dividend is...
With 15.17 crore workers, informal sector jobs grow by...
- May 22, 2026
The unincorporated, non-agricultural sector recorded notable 15.53 per cent year-on-year (YoY) growth in employment during the January-March quarter...
Raise R&D spending to 2% of GDP to spur manufacturing:...
- May 21, 2026
India’s manufacturing growth is constrained by low spending on research and development (R&D) at just 0.6 per cent of GDP, and the country...
Government rolls out standards for higher blending of...
- May 20, 2026
India has formally notified fuel specifications for higher ethanol-blended petrol variants, including E22, E25, E27 and E30.This creates a regulatory...
Vi all geared up to triple cash flow in three years to meet...
- May 19, 2026
Vodafone Idea (Vi) has pinned hopes on its target to triple cash flow and generate over Rs 1 lakh crore required in the next three years. The...
Prudential set to purchase 75% in Bharti Life Insurance for...
- May 18, 2026
Prudential will be acquiring a majority 75 per cent stake in Bharti Life Insurance Company for Rs 3,500 crore from Bharti Life Ventures and 360 ONE...
After gold, silver imports too under strict curbs to ease...
- May 17, 2026
The government has tightened control over imports of silver by shifting several categories of the precious metal from the “free” import policy...
Unemployment rate in April hits a six-month high of 5.2%;...
- May 16, 2026
Unemployment rate among people aged 15 years and above hit a six-month high of 5.2 per cent in April, according to the Periodic Labour Force Survey...
April WPI inflation surges annually to a 42-month high of...
- May 15, 2026
Wholesale Price Index (WPI)-based inflation surged to 42-month high of 8.3 per cent in April on an annual basis, up from 3.88 per cent in March this...
Govt hikes Customs Duty on gold, silver to 15% to curtail...
- May 14, 2026
The Centre has raised the Customs Duty tariffs on imports of gold and silver to 15 per cent from 6 per cent.The rise in the levy is a part of efforts...
West Asia crisis has put India in a live BoP stress test,...
- May 13, 2026
India is facing a “live balance of payments (BoP) stress test” due to the ongoing West Asia crisis. But the country’s macroeconomic...
Government, industry exploring 100 products to spur...
- May 12, 2026
The government is working with industry to identify about 100 products – including those from the auto sector – that are either not produced or...
NTPC set to seek DAE’s approval for its first nuclear...
- May 11, 2026
NTPC will soon submit its first feasibility study for a nuclear project with the Department of Atomic Energy (DAE) and seek its nod to go ahead with...
GCC market size estimated to be $98.4 billion in FY26,...
- May 10, 2026
The global capability centre (GCC) ecosystem in India is projected to have reached a market size of $98.4 billion by the end of 2025-26.This...
Final rules for Code on Wages and Industrial Relations Code...
- May 09, 2026
The Union government has notified the final rules for the Code on Wages and the Industrial Relations Code.The Code on Wages covers the norms to fix...
Guidelines out for uniformity in GSDP calculation for all...
- May 08, 2026
The Ministry of Statistics and Programme Implementation (MoSPI) has issued uniform guidelines for measuring States’ Gross State Domestic Product...
Uttar Pradesh showcases its GCC growth story at NASSCOM...
- May 08, 2026
Uttar Pradesh has reinforced its position as one of India’s fastest-emerging destinations for global capability centres (GCCs) at the NASSCOM GCC...
Air India’s global flights trimmed by over 500 till July...
- May 07, 2026
Air India’s global flights trimmed by over 500 till July amid high ATF prices, airspace curbsAir India has reduced its international schedule by...
Early reforms, strong buffers turn India into the most...
- May 06, 2026
India has emerged as one of the most resilient large emerging markets in weathering multiple global shocks over the past five years, Moody’s...
NCLAT rejects Vedanta’s pleas in JAL resolution row,...
- May 05, 2026
The National Company Law Appellate Tribunal (NCLAT) has dismissed two petitions filed by Vedanta.The mining conglomerate’s plea had challenged the...
Finance Ministry urges DRTs to adopt best practices,...
- May 04, 2026
The Union Finance Ministry has held deliberations on reducing pendency and accelerating disposal of cases in debt recovery tribunals (DRTs).It has...
100% FDI in insurance via automatic route notified; LIC...
- May 03, 2026
The Central government has notified 100 per cent foreign direct investment (FDI) in insurance companies under the automatic route, which allows...
BoP in stable zone, aided by remittances, services exports...
- May 02, 2026
India’s balance of payments (BoP) retains structural strength, with resilient remittances, services exports and FDI inflows, helping offset weaker...
StanChart to offload 4,50,000 credit cards to Federal Bank...
- May 01, 2026
Standard Chartered Bank (StanChart) will sell a portfolio of 4,50,000 Indian credit cards to Federal Bank, the London-headquartered lender has...
PM Narendra Modi opens 594-km Ganga Expressway linking...
- Apr 30, 2026
Prime Minister Narendra Modi has inaugurated the 594-km-long Ganga Expressway, a mega infrastructure project connecting Meerut to Prayagraj.The...
UAE’s decision to quit OPEC set to ramp up crude oil...
- Apr 29, 2026
The United Arab Emirates (UAE) has said that it is quitting the Organization of the Petroleum Exporting Countries (OPEC).The UAE’s decision deals a...
Sun Pharma’s $11.75-billion purchase of Organon to scale...
- Apr 28, 2026
Sun Pharmaceutical Industries has agreed to acquire New York-listed women’s healthcare company Organon & Co, in what is likely to be one of the...
NTPC plans to set up two nuclear power plants of 700 mw...
- Apr 27, 2026
State-owned NTPC is looking to set up two nuclear units of 700 mw each in Banka district of Bihar at an investment of around Rs 25,000 crore.NTPC...
Govt unveils rules to activate second tranche of Rs...
- Apr 26, 2026
The government has issued detailed guidelines for operationalisation of the second tranche of Rs 10,000-crore fund of funds (FoF) scheme for...
RBI revokes Paytm Payments Bank’s banking licence after...
- Apr 25, 2026
The Reserve Bank of India (RBI) has cancelled the banking licence issued to Paytm Payments Bank.The move follows more than two years after the...
Centre slots Rs 5,000-cr sops for States to spur mine...
- Apr 24, 2026
The Centre has earmarked Rs 5,000 crore as incentives for accelerating reforms and boosting production in the mining sector.The incentives focus...
Jio Financial Services, Allianz seal 50-50 JV pact for...
- Apr 23, 2026
Jio Financial Services and Allianz Group have signed a binding agreement to form a 50:50 primary insurance joint venture (JV) to enter India’s...
RBI’s new e-mandate rules set Rs 15,000 limit without...
- Apr 22, 2026
The RBI has issued the Digital Payments – E-Mandate Framework, 2026, to consolidate existing guidelines.The new comprehensive set of rules will...
RBI partially relaxes restrictions on rupee derivative...
- Apr 21, 2026
The Reserve Bank of India (RBI) has rolled back restrictions on certain types of rupee derivative trades.On April 1, the RBI had clamped down on...
Odisha set to house India’s first, advanced, 3D...
- Apr 20, 2026
A foundation stone for the country’s first, advanced, 3D chip-packaging unit has been laid at Info Valley in Bhubaneswar, Odisha.The project marks...
Insurance-starved Indian ships get Rs 12,980-crore,...
- Apr 19, 2026
The Union Cabinet has approved a $1.4-billion (Rs 12,980-crore) sovereign guarantee to back a new industry-led pool, with insurance becoming scarce...
With India capacity past 200 mtpa, UltraTech is world’s...
- Apr 18, 2026
UltraTech has surpassed 200 mtpa of installed cement manufacturing capacity in India.The Aditya Birla Group’s flagship company reached this...
Wipro declares Rs 15,000-crore share buyback; bullish on...
- Apr 17, 2026
Wipro has announced a share buyback worth up to Rs 15,000 crore.The IT major has said that it plans to buy back up to 60 crore equity shares,...
HAL, GE Aerospace firm up tech pact to manufacture F414...
- Apr 16, 2026
Hindustan Aeronautics (HAL) and Ohio-based defence manufacturer GE Aerospace have reached an agreement on technical matters for co-production of F414...
Passenger vehicle sales hit record 46.43 lakh units in...
- Apr 15, 2026
Passenger vehicle segment posted its highest-ever annual sales of 46.43 lakh units in 2025-26, marking 7.9 per cent growth over the sales during the...
RBI returns Ujjivan SFB’s application to convert into a...
- Apr 14, 2026
Ujjivan Small Finance Bank (Ujjivan SFB) has said that the RBI has rejected its application to transition to a universal bank and advised it to...
Shell steps in to boost supplies of natural gas,...
- Apr 13, 2026
Shell has ramped up natural gas supplies to India in the wake of disruptions triggered by the West Asia conflict. The oil and gas company is...
Export Duty on diesel, ATF raised to Rs 55.50 and Rs 42 per...
- Apr 12, 2026
The government has hiked Export Duty or windfall tax on diesel from Rs 21.50 to Rs 55.50 per litre and on aviation turbine fuel (ATF) from Rs 29.50...
RBI moots asset-based norms to classify large NBFCs,...
- Apr 11, 2026
The Reserve Bank of India (RBI) has proposed changes in the criteria for identifying upper-layer non-banking finance companies (NBFCs-UL).The changes...
FIEO sees a 3% decline in India’s goods exports in FY26...
- Apr 10, 2026
The country’s merchandise exports are expected to register a fall of 2 to 3 per cent in 2025-26 due to global economic uncertainties, aggravated by...
RBI keeps Repo Rate unchanged at 5.25%, cites upside risks...
- Apr 09, 2026
The Reserve Bank of India (RBI) has kept its key policy Repo Rate unchanged at 5.25 per cent.The central bank’s six-member Monetary Policy...
