Finance Minister Nirmala Sitharama launches Mutual Credit Guarantee Scheme for MSMEs
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman yesterday launched the Mutual Credit Guarantee Scheme for MSMEs in Mumbai. The fin...
India’s Exports Grow by 7.21% in April-Jan 2024-25: Commerce Ministry
India’s total exports during April-January 2024-25 logged growth of 7.21 percent as compared to the same period in last fiscal. On the other hand, tot...
FM Nirmala Sitharaman underscores the government’s focus on reducing trade barriers and fostering domestic production
Union Finance and Corporate Affairs Minister Nirmala Sitharaman today emphasised India’s ongoing efforts to reduce duties and enhance self-reliance du...
Elon Musk’s $97.4 billion proposal gets rejected by OpenAI board
San Francisco: OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. “OpenAI is not for sale, and the...
India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark
India’s foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February 7, accordin...
RBI Appoints Administrator for New India Cooperative Bank
The Reserve Bank of India (RBI) has appointed Mr. Shreekant, former Chief General Manager of State Bank of India (SBI), as Administrator of New India ...
BSNL registers profit of Rs 262 crore in third quarter of 2024-25
The Government-owned Bharat Sanchar Nigam Limited (BSNL) has registered a profit of 262 crore rupees in the third quarter of 2024-25. This achievement...
Income-Tax Bill 2025 introduced in Lok Sabha
The Income-Tax Bill 2025 was introduced in the Lok Sabha on Thursday. The Bill aims at consolidating and amending the law relating to income tax. Fina...
Government has not cut down on any sectoral allocations in Union Budget: FM Sitharaman
Finance Minister Nirmala Sitharaman said that the government has not cut down on any sectoral allocations in the Union Budget 2025-26. Replying to the...
RBI Lifts Business Restrictions on Kotak Mahindra Bank
The Reserve Bank of India (RBI) has lifted the business restrictions imposed on Kotak Mahindra Bank Limited after the bank addressed supervisory conce...
RBI to Issue New ₹50 Notes With Governor Sanjay Malhotra’s Signature
The Reserve Bank of India (RBI) has announced that it will soon issue ₹50 denomination banknotes in the Mahatma Gandhi (New) Series bearing the signat...
India’s CPI Inflation Drops to 4.31% in January, Lowest in 5 Months
India’s retail inflation eased to a five-month low of 4.31 percent in January from 5.22 percent in December, as the rate of increase in food prices sl...
India’s Industrial Production Growth Slows to 3.2% in December
India’s industrial production growth, measured by the Index of Industrial Production (IIP), slowed to 3.2 percent in December as compared to 5.2 perce...
RBI Directs Banks to Remain Open for Govt Transactions on March 31
The Reserve Bank of India (RBI) has advised all agency banks to keep all their branches dealing with government business open on March 31, 2025. RBI s...
Equity Mutual Funds See ₹39,687 Cr Inflows in January
Equity mutual funds saw net inflows of over 39,687 crore rupees in January. According to data from the Association for Mutual Funds in India (AMFI) re...
ADNOC Gas secures $7-9 billion LNG deal with Indian Oil for 14 years
ADNOC Gas has finalized a major long-term agreement to supply liquefied natural gas to Indian Oil Corporation Ltd, marking a significant expansion of ...
TRAI Strengthens Consumer Protection with Amendments to Telecom Commercial Communications Regulations
The Telecom Regulatory Authority of India (TRAI) has amended the Telecom Commercial Communications Customer Preference Regulations 2018 to further str...
Sensex slumps 777.07 points on trade war fears
Mumbai: Benchmark indices Sensex and Nifty slumped in initial trade on Wednesday, February 12, as unabated foreign fund outflows and trade war fears c...
Govt Utilizing Borrowed Resources for Capital Expenditure as Fiscal Deficit Stands at 4.4% of GDP: FM Sitharaman
Finance Minister Nirmala Sitharaman has asserted that the government is focusing on bringing prosperity to the villages along with making agriculture,...
Gold & Silver Prices Decline in Indian Bullion Market
In the Indian Bullion Market, 24 Karat Gold was trading over 0.9 percent down at 85,210 rupees per 10 grams, and Silver 999 Fine was also trading over...
India’s Net Direct Tax Collection Rises 14.69% to ₹17.78 Lakh Crore
The country’s net direct tax collection exhibited growth of 14.69 percent year on year to over 17 lakh 78 thousand crore in the current financial year...
Lam Research Announces Rs10,000 Crore Investment in India: Ashwini Vaishnaw
Electronics and IT Minister Ashwini Vaishnaw has said that Lam Research has announced major investment of over 10 thousand crore rupees in India. ...
PM Modi Invites French Investment
Prime Minister Narendra Modi and French President Emmanuel Macron addressed the 14th India-France CEOs Forum in Paris, reaffirming their commitment to...
Over 54 Cr Jan Dhan Accounts Opened: FM Sitharaman
Over 54 crore bank accounts have been opened in the country till January this year under PM Jan Dhan Yojana. In a written reply in the Lok Sabha, Fina...
Oil Prices Rise as Markets React to Trump’s Tariff Threat
Oil prices rose yesterday as investors weighed US President Donald Trump’s latest tariff threat on all steel and aluminium imports. Brent Crude was tr...
Rupee plunges 45 paise to all-time low against US dollar
The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday weighed down by the strength of the Ameri...
India’s Forex Reserves Rise to $630.6 Billion
India’s foreign exchange reserves increased by 1.05 billion dollars to over 630.6 billion dollars in the week ending January 31, according to the late...
Oil Prices Rise on Iran Sanctions
Oil prices advanced on Friday following the imposition of new sanctions on Iran’s crude exports. However, they were on track for a third straight week...
RBI projects FY26 inflation at 4.2 pc
Mumbai: The Reserve Bank on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast...
RBI cuts policy rate by 25 bps to 6.25 per cent
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks...
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