Scheduled commercial banks asset quality improves, gross NPAs fall to 2.3%: RBI
India’s scheduled commercial banks continue to record improvement in their asset quality, with the gross and net non-performing assets ratios declinin...
SECI executes over 60 GW Power Sale Agreements for solar, wind, hybrid projects
The Solar Energy Corporation of India (SECI) Limited has achieved the milestone of executing over 60 Gigawatts of Power Sale Agreements (PSAs) of rene...
GST completes 8 years of unified tax, economic reform
The Goods and Services Tax (GST), which has replaced a maze of indirect taxes with a single, unified system, has completed eight years yesterday. The ...
Remittances by Indians working abroad scale record high of $135 billion in FY25
The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record 135.46 billion d...
Crude oil prices still down amid risk of supply disruption in West Asia
Crude oil prices extended losses to hit a two-week low today amid lower risk of supply disruptions in West Asia, though US President Donald Trump accu...
Govt invites applications for manufacturing of Electric Passenger Cars
The Government has launched a portal to invite applications from global Electric vehicle giants under the Scheme to Promote Manufacturing of Electric ...
India’s total exports reach all-time high of $825 billion: FM Sitharaman
Union Finance Minister Nirmala Sitharaman has said that the government has taken several measures to reduce the burden on trade by cutting down tariff...
Global oil prices record sharpest single-day decline in 5 years
Global oil prices recorded their sharpest single-day decline in five years following Iran’s attack on the Al Udeid US airbase in Qatar. Oil prices tum...
EPFO adds over 19 lakh members in April, 2025
Employees’ Provident Fund Organisation (EPFO) has added over 19 lakh members in April this year. This represents an increase of 31.31% compared to pre...
Foreign Investors Infuse Over ₹1,200 Crore into Indian Equity Markets Last Week
Foreign investors pumped in over 1,200 crore rupees into the Indian equity markets last week. As per the National Securities Depository data, Foreign ...
US & Asia stock markets plunge amid geopolitical tensions
Stock markets in the US and Asia plunged in early trade today amid geopolitical tensions. The S&P 500 futures traded below the flat line, while th...
Gross direct tax collections rise by 4.86% in the current financial year, so far
The country’s gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about 5.45 lakh crore rupees as of June 19 compared...
Core sectors record expansion during May 2025
India’s infrastructure output, which constitutes about two-fifths of the country’s industrial production, increased by 0.7 per cent in May this year c...
India’s foreign exchange reserves rise by over 2.2 bn dollars
India’s foreign exchange reserves rose by more than 2.2 billion dollars, reaching over 698 billion dollars in the week ending 13th June. According to ...
FM Sitharaman asks CBIC officials to make GST registration easier
Finance Minister Nirmala Sitharaman chaired a conclave in New Delhi yesterday with top officials of the Central Board of Indirect Taxes and Customs. S...
India will soon become hub for global innovation: Union Minister Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal said that India will soon become a hub for global innovation. The Union Minister said this while ...
US Fed keeps interest rates unchanged for 4th time amid elevated inflation
The US Federal Reserve’s Federal Open Market Committee (FOMC) has kept interest rates unchanged for the fourth consecutive time at a 4.25 per cent to ...
Amazon India to infuse over Rs 2,000 crore to boost pan-India operations
New Delhi: Amazon will invest over Rs 2,000 crore in 2025 to scale up its all-India operations network, the e-commerce giant said on Thursday.Investme...
Rupee weakens 14 paise to 86.57 amid global uncertainties
Mumbai: The rupee depreciated 14 paise to 86.57 against the US dollar in early trade on Thursday, as safe-haven demand amid prevailing risk-off sentim...
Sensex, Nifty open lower amid global weakness
Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Thursday in-line with weak trends from global markets as the ongoing Iran-Israel...
Tata boss Chandrasekaran apologises for AI 171 crash
Mumbai: Tata Sons and Air India Chairman N Chandrasekaran on Wednesday “apologised” for the Air India plane crash in Ahmedabad last week that claimed ...
FM Sitharaman urges fin techs to tap rural markets
Union Finance Minister Nirmala Sitharaman has said that the fintech market is projected to grow to over 400 billion US dollar by 2028-29. She pointed ...
SEBI approves major market reforms
The Securities and Exchange Board of India (SEBI) has announced a set of important reforms aimed at making the Indian financial markets more efficient...
Brazil auctions off several Amazon oil sites
Brasilandia: Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday as it aims to expand production in un...
Sensex and Nifty rebound on FII inflows
Mumbai: Benchmark indices Sensex and Nifty bounced back after falling in opening trade on Wednesday amid fresh foreign fund inflows and buying in blue...
Rupee trades in narrow range as crude prices rise and risk-off sentiment persists
Mumbai: The rupee traded in a narrow range against the US dollar in early trade on Wednesday as the prevailing risk-off sentiments, and rising crude o...
Crude oil prices up amid Iran-Israel escalating tension
Crude oil prices rose on Tuesday, amid escalating tensions between Iran and Israel, although major oil and gas infrastructure was unaffected. Brent Cr...
SEBI approves NSE’s expiry to Tuesday, BSE to Thursday
The National Stock Exchange (NSE) yesterday announced that it has received approval from the capital markets regulator SEBI to change the expiry day f...
Wholesale inflation falls to 14-month low in May
India’s wholesale price index (WPI)-based inflation eased to a 14-month low of 0.39 percent in May, down from 0.85 percent in April, according to the ...
EPFO urges members to use portal for free & secure online services
The Employees’ Provident Fund Organization (EPFO) has urged members to avoid approaching unauthorized agents and use official EPFO portals for free an...
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