World Bank Projects India’s FY26 Growth at 6.3%
The World Bank has pegged India’s economic growth projection at 6.3 per cent for the Financial Year 2025-26, stating that the country is projected to ...
RBI Discontinues Daily VRR Auctions Amid Rs 3 Lakh Crore Liquidity Surplus
The Reserve Bank of India has discontinued daily Variable Rate Repo (VRR) auctions starting today, in view of a liquidity surplus in the banking syste...
SEBI Mandates UPI Payment System for Market Intermediaries from Oct 1
The Securities and Exchange Board of India (SEBI) yesterday said it has mandated a new UPI payment mechanism for all registered intermediaries who col...
Union Minister Piyush Goyal pushes for closer ties with Swiss machinery
Union Commerce and Industry Minister Piyush Goyal co-chaired a productive Business Roundtable on the Machinery, Electrical & Metal (MEM) Industry ...
FM Sitharaman chairs 6th NIIF GC Meet
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the 6th meeting of the Governing Council (GC) of the National Investment...
Sensex, Nifty rally after RBI rate cut and strong global cues
Mumbai: Benchmark equity indices Sensex and Nifty surged in early trade on Monday tracking a rally in global markets and upbeat investors’ sentiment f...
Centre reduces basic custom duty on crude palm oil, crude soyabean oil and crude sunflower oil to 10%
The Centre has reduced the basic customs duty on crude palm oil, crude soyabean oil and crude sunflower oil to 10 per cent. The move is aimed at bring...
Country witnessed real GDP growth of 7.4 percent in 4th quarter of last fiscal says FM Sitharaman
Finance Minister Nirmala Sitharaman has lauded the industry and the manufacturing activity saying that the country witnessed real GDP growth of 7.4 pe...
India’s foreign reserves rise by over 6.9 bn dollars
India’s foreign exchange reserves rose over 6.9 billion dollars, reaching 692.7 billion dollars in the week ending 23rd May. According to the Weekly S...
Sensex falls 219 points
Mumbai: Benchmark stock indices Sensex and Nifty declined in early trade on Friday, dragged by IT shares and sluggish trends in Asian markets.The 30-s...
Rupee rises 19 paise to 85.29 against US dollar
Mumbai: The rupee strengthened by 19 paise to 85.29 against the US dollar in early trade on Friday on the back of lower crude oil prices and sustained...
RBI’s annual report projects India as fastest-growing economy during current fiscal
The Reserve Bank of India (RBI), in its annual report released yesterday, projected India to retain its status as the fastest-growing major economy du...
Oil prices up
Crude oil prices rose on Thursday. Brent Crude was trading over 0.1 per cent up at 64 dollars and 98 cents per barrel. WTI Crude was also trading over...
Rupee falls 7 paise to 85.45 against dollar
Mumbai: The rupee depreciated 7 paise to 85.45 against the US dollar in early trade on Thursday as the American currency strengthened after the US fed...
FM Sitharaman reviews PSU insurers, calls for AI-driven claims
Union Minister for Finance Nirmala Sitharaman chaired a review meeting of Public Sector General Insurance Companies, PSGICs in New Delhi yesterday. Du...
India’s industrial production growth drops to 2.7% in April 2025
India’s industrial production growth, measured by the Index of Industrial Production (IIP) slowed to 2.7 percent in April, as compared to growth rate ...
Sensex falls over 200 points
Mumbai: Equity benchmark indices Sensex and Nifty dropped in early trade on Wednesday, dragged by ITC amid stake sale reports.The 30-share BSE benchma...
7.9% drop in coal imports last fiscal leads to saving of 7.93 bn $ of foreign exchange
Coal imports in the country during the financial year 2024-25 dropped by 7.9 percent as compared to the previous fiscal year. The Ministry of Coal, in...
Last date of filing ITR extends from 31st July to 15th September 2025
The Central Board of Direct Taxes- CBDT has extended the last date of filing Income Tax Returns (ITRs), from 31st July to 15th September this year. CB...
Oil prices dropped
Crude oil prices dropped on Tuesday. Brent Crude was trading over 0.4 per cent down at 64 dollars and 46 cents per barrel. WTI Crude was also trading ...
India’s FDI inflows surge 14% to over $81 billion in FY 2024–25
India has received foreign direct investment (FDI) inflows worth 81.04 billion US dollars in the financial year 2024-25. It reflects a 14 per cent inc...
Rupee surges 40 paise to 85.05 against US Dollar
Mumbai: The rupee appreciated sharply by 40 paise to 85.05 against the US dollar in early trade on Monday on the back of a weak American currency inde...
Sensex, Nifty rally as India becomes fourth largest economy
Mumbai: Benchmark indices Sensex and Nifty surged in early trade on Monday following news that India has become the fourth largest economy in the worl...
FPI ₹13,835 crore in Indian equities in May
Foreign investors have pumped in nearly 14,000 crore rupees into the Indian equities market so far in May. According to the depositories’ data, the Fo...
Centre approves 8.25% interest rate on EPF deposits for FY 2024-25
The Centre has approved 8.25 percent interest rate on Employees’ Provident Fund (EPF) deposits for the financial year 2024-25. This will benefit over ...
India Becomes World’s 4th Largest Economy, Surpasses Japan: NITI Aayog
India has surpassed Japan to become the world’s fourth-largest economy. NITI Aayog CEO B.V.R. Subrahmanyam said, India is now poised to displace Germa...
RBI Fines Union Bank ₹63.6 Lakh, Lendbox ₹40 Lakh for Regulatory Violations
The Reserve Bank of India (RBI) has levied fines on Union Bank of India and Transactree Technologies Pvt Ltd for breaching regulatory norms. Union Ban...
India’s Forex Reserves Dip by $4.88 Billion to $685.7 Billion
India’s foreign exchange reserves declined by 4.88 billion dollars, reaching 685.7 billion dollars in the week ending 16th May. According to the Weekl...
Over 16 Lakh New Workers Enrolled Under ESI Scheme in March: Labour Ministry
The Union Labour Ministry has reported that 16 lakh 33 thousand new workers have been enrolled under the Employees’ State Insurance (ESI) Scheme in Ma...
Fitch Ratings raises India’s GDP growth potential by 0.2 percentage points to 6.4 percent over next 5 years
Global rating agency Fitch Ratings has raised India’s GDP growth potential by 0.2 percentage points to 6.4 per cent over the next five years. The move...
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