India’s forex reserves rise by $305 million; rupee hits strongest weekly gain in two years
Mar 22, 2025, at 12:17 am
New Delhi: India’s foreign exchange reserves increased by $305 million to $654.27 billion in the week ended March 14, reaching a more than three-month high, according to Reserve Bank of India (RBI) data released on Friday.
Reliance Industries acquires Nauyaan Tradings, plans ₹382.73 cr investment in shipyard
Mar 21, 2025, at 10:46 pm
Mumbai: Mukesh Ambani-led Reliance Industries Limited (RIL) has announced a new acquisition and investment through its wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL).
Tata Group becomes key Tesla supplier amid EV expansion plans
Mar 21, 2025, at 05:53 pm
Mumbai: The Tata Group has quietly emerged as a global supplier to Elon Musk's Tesla, the world’s most valuable electric vehicle (EV) company, according to a report by The Economic Times (ET).
India set to surpass 1 billion tonnes in coal production for FY25
Mar 20, 2025, at 10:52 pm
New Delhi: India is on course to exceed 1 billion tonnes of coal production in the ongoing financial year 2024-25, CNBC-TV18 reported, citing government sources.
DAC clears ₹54,000 cr defence acquisitions; CCS approves ₹7,000 crore ATAGS deal
Mar 20, 2025, at 10:08 pm
New Delhi: In a significant boost to the operational readiness of India’s defence forces, the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Thursday approved Acceptance of Necessity (AoNs) for eight capital acquisition proposals worth over ₹54,000 crore, Buisiness Standard reported.
Fitch maintains India’s FY26 GDP forecast at 6.5%, raises FY27 projection to 6.3%
Mar 20, 2025, at 12:57 am
New Delhi: Fitch Ratings has kept India’s GDP growth forecast for FY26 unchanged at 6.5% while revising its FY27 projection slightly upward to 6.3% from 6.2% in its December update.
Cabinet approves ₹1,500 cr incentive scheme to promote low-value UPI transactions
Mar 20, 2025, at 12:06 am
New Delhi: The Union Cabinet on Wednesday approved an incentive scheme worth approximately ₹1,500 crore to encourage UPI transactions below ₹2,000 during the financial year 2024-25, according to an official statement.
Cabinet approves revised Rashtriya Gokul Mission with ₹1,000 cr boost to strengthen livestock sector
Mar 19, 2025, at 11:15 pm
New Delhi: The Union Cabinet on Wednesday approved the Revised Rashtriya Gokul Mission (RGM) to drive growth in the livestock sector with an additional allocation of ₹1,000 crore, increasing the total outlay to ₹3,400 crore.
Union Cabinet approves ₹10,601 cr ammonia-urea complex at Assam’s Namrup to boost fertiliser prodn
Mar 19, 2025, at 09:24 pm
New Delhi: The Union Cabinet on Wednesday approved the establishment of a new brownfield ammonia-urea complex at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) in Namrup in Assam, media reports said.
Indian govt approves ₹4,500 cr high-speed highway to boost JNPA port connectivity
Mar 19, 2025, at 08:54 pm
New Delhi: The Union Cabinet on Wednesday approved the construction of a six-lane access-controlled greenfield high-speed National Highway, spanning 29.219 km, to connect JNPA Port (Pagote) with Chowk in Maharashtra.
Govt rules out AGR waiver for Vodafone Idea, Bharti Airtel; SC rejects review pleas
Mar 19, 2025, at 07:18 pm
New Delhi: In a major disappointment for Vodafone Idea and Bharti Airtel an Adjusted Gross Revenue (AGR) waiver is no longer under consideration, CNBC-TV18 reported citing government sources.
After Trump, India plans sweeping steel tariffs amid global protectionist wave: Report
Mar 19, 2025, at 04:50 pm
New Delhi: India is preparing to impose broad trade tariffs on steel, aligning with a global trend of protectionism, according to a Bloomberg report.
E-commerce major Amazon plans to slash 14,000 managerial positions to reduce costs: Reports
Mar 19, 2025, at 02:52 pm
E-commerce giant Amazon is planning to slash 14,000 managerial positions by early 2025 as part of its attempt to cut costs, media reports said.
Aviva Life Insurance: Your Partner in Achieving Financial Freedom and Tax Savings
Mar 19, 2025, at 11:40 am
Financial security is not just about having money in the bank—it is about planning, making informed decisions, and ensuring your loved ones are always protected. Achieving financial freedom requires a solid strategy that balances wealth creation, risk management, and tax efficiency.
Bombay HC clears Gautam and Rajesh Adani in Rs 388 cr market violation case
Mar 18, 2025, at 11:56 pm
Mumbai: The Bombay High Court on Monday discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case involving alleged market regulation violations amounting to nearly ₹388 crore, The Economic Times reported.
India’s Feb trade deficit narrows to 3-yr low as exports, imports shrink
Mar 18, 2025, at 09:57 pm
New Delhi: India’s merchandise trade deficit dropped to a three-year low of $14.05 billion in February, largely due to a steep 30 percent decline in petroleum exports to Europe and a more than 60 percent fall in gold imports, media reports said.
Mar 18, 2025, at 08:49 pm
New Delhi: India is exporting metro coaches to Australia and bogies to several European nations and Saudi Arabia, Railways Minister Ashwini Vaishnaw said, adding that Indian Railways is expected to rank among the top three freight carriers globally by the end of FY25, Moneycontrol reported.
Fusion CX acquires Sequential Technology International LLC
Mar 18, 2025, at 08:47 pm
Fusion CX, involved in providing customer experience (CX) solutions, has acquired Sequential Technology International LLC (STI), a provider of CX services for the telecom and utilities industries.
CCI raids global ad firms, broadcasters over price collusion
Mar 18, 2025, at 08:39 pm
New Delhi: India’s antitrust regulator Competition Commission of India (CCI) has raided the offices of several global advertising firms, including GroupM, Dentsu, and Interpublic Group, along with a broadcasters' industry association, over alleged price collusion, Reuters reported on Tuesday.
LIC eyes stake in health insurer, seeks long-term bonds from RBI: Report
Mar 18, 2025, at 05:06 pm
Mumbai: State-owned Life Insurance Corporation of India (LIC) is expected to announce the acquisition of a stake in a standalone health insurance company by the end of the current financial year (FY25), LIC’s Managing Director and CEO Siddhartha Mohanty said on Tuesday, Business Standard reported.
India looks to substitute Chinese imports with US goods as reciprocal tariffs loom
Mar 15, 2025, at 09:20 pm
New Delhi: Amid fears of potential export disruptions due to US reciprocal tariffs set to take effect on April 2, the Ministry of Commerce and Industry has urged Indian industries to explore replacing imports from China and other nations with US-sourced goods, The Indian Express reported.
Govt cracks down on Amazon, Flipkart; BIS seizes uncertified products from warehouses
Mar 15, 2025, at 08:41 pm
New Delhi: The Bureau of Indian Standards (BIS) has conducted search and seizure operations at several warehouse facilities of major e-commerce platforms, including Amazon and Flipkart, across cities like Lucknow, Gurugram, and Delhi, according to a press release.
India’s tea exports surge 10% in 2024, reaching near-decade high
Mar 15, 2025, at 01:04 am
New Delhi: India exported nearly 255 million kg of tea worth ₹7,111 crore in 2024, marking a 10% increase from 232 million kg in 2023, Moneycontrol reported.
China’s loans and trade policies push Maldives towards debt crisis
Mar 14, 2025, at 11:16 pm
New Delhi: The Maldives is grappling with a deepening debt crisis, with foreign exchange reserves at precarious levels and looming repayments threatening its economic stability, according to a report by an independent journalist and human rights activist.
SpiceJet chairman Ajay Singh offloads ₹52 cr worth of shares as stock slides over 6%
Mar 14, 2025, at 10:17 pm
Mumbai: SpiceJet Chairman and Managing Director Ajay Singh Thursday offloaded 1,15,38,462 shares, representing approximately 0.9% of the company’s total equity, reported Moneycontrol.
Gold tops $3,000 an ounce for the first time as trade tensions and rate cut bets fuel rally
Mar 14, 2025, at 09:52 pm
Mumbai: Gold surpassed the $3,000-an-ounce mark for the first time on March 14, extending its record-breaking rally as economic uncertainty, trade tensions, and expectations of US interest rate cuts drive demand for the safe-haven asset, media reports said.
India launches first tranche of exploration licence auctions for critical minerals across 10 states
Mar 14, 2025, at 08:37 pm
New Delhi: The Ministry of Mines on Thursday launched the first tranche of auctions under the exploration license (EL) regime, five months after amending regulations to take charge of EL auctions due to delays by state governments, media reports said.
Centre forwards US SEC summons for Gautam Adani to Gujarat court in bribery case: Report
Mar 14, 2025, at 05:51 pm
New Delhi: The Central government forwarded a summons from the US Securities and Exchange Commission (SEC) to a Gujarat court for service on industrialist Gautam Adani in connection with a bribery case, The Hindu reported.
Why Primer is a Must-have for long-lasting paint finishes in 2025
Mar 14, 2025, at 04:27 pm
In the realm of painting, achieving a durable and aesthetically pleasing finish requires more than just a quality topcoat. The foundation laid beneath the paint plays a pivotal role in determining the longevity and appearance of the outcome. As of 2025, the use of primers has become indispensable for ensuring long-lasting paint finishes, especially with advancements in primer technology enhancing their effectiveness.
ArcelorMittal Nippon sues India over import curbs on key steelmaking raw material: Report
Mar 14, 2025, at 12:05 am
New Delhi: ArcelorMittal Nippon Steel India has taken legal action against the Indian government for rejecting its import orders of a crucial steelmaking raw material, accusing authorities of retroactively imposing restrictions, court documents reveal, Reuters reported.