Africa

SBI decides to declare Reliance Communications' loan account as 'fraud'

Reliance Communications said in an exchange filing that this disclosure is being made pursuant to the rules of the Securities and Exchange Board of India (SEBI).

Jul 2, 2025

Number of new firms registered in India clocks 29 pc jump in May

Number of new firms registered in India clocks 29% jump in May

The total number of registered companies in the country as on May 31, 2025, has now gone up to 28,96,943, of which 65 per cent (18,90,305) are active. There is an increase of 0.2 per cent in the total proportion of active companies when compared to April 2025, according to the Ministry.

Jun 30, 2025

GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers

GST has transformed the logistics industry. Long queues of trucks at state borders and corruption-prone checkpoints have become a thing of the past. Goods now move faster and more freely across state lines.

Jun 30, 2025

Over 90 times rise in direct benefit transfer in just a decade: FM Sitharaman

India will continue to be fastest growing economy, even perform better: FM Sitharaman

The GDP growth accelerated to a robust 7.4 per cent in the fourth quarter of 2024-25, as result of which the growth rate for the full financial year works out to 6.5 per cent on the back of a strong performance of the agriculture, construction, and services sectors, according to latest RBI data.

Jun 30, 2025

Indian stock market opens higher, all eyes on US reciprocal tariff deadline

Market outlook: PMI, auto sales, FII activity, key economic data to drive stock market this week

India's industrial production data for the month of May will be released on June 30, which will offer insights into the country's manufacturing output.

Jun 29, 2025

India clocks current account surplus of $13.5 billion in Jan-March quarter

Net services receipts increased to $53.3 billion in Q4 2024-25 from $42.7 billion in the same quarter of the previous year. Services exports have risen on a year-on-year basis in major categories such as business services and computer services, the RBI said.

Jun 27, 2025

Stock market hits 9-month high as Sensex surges past 84,000, Nifty nears 25,650

The Sensex climbed 303.03 points, or 0.36 per cent, to close at 84,058.90. It traded within a range of 83,645.41 to 84,089.35 during the day.

Jun 27, 2025

Indian stock market opens higher, Sensex above 79,500

Nifty Financial Services index becomes best-performing sector, surges 15.5 pc in H1 2025

According to Motilal Oswal Financial Services (MOSL), the new rules reduce the amount of money lenders need to set aside for under-construction projects.

Jun 27, 2025

India's GDP projected to grow at 6.2 pc in FY26 with inflation around 4 pc: Report

The Current Account Deficit or CAD (as per cent of GDP) is projected at 1.0 per cent in FY25 and 0.9 per cent in FY26, while the fiscal deficit is estimated at 4.4 per cent, according to a CareEdge Ratings report.

Jun 27, 2025

RBI's new project finance directions to cushion banks against risk: Report

The new direction brings in a higher base level standard asset provisioning for under-construction projects set at 1 per cent and a slightly higher 1.25 per cent for under-construction CRE exposures (that compares with the extant 0.4 per cent to 1.0 per cent), with step-ups linked to DCCO deferment period.

Jun 26, 2025

Sensex ends lower in volatile session as Mideast tensions flare up

Sensex surges 1,000 points, banking and heavyweight stock gain

The Sensex jumped 1,000.36 points, or 1.21 per cent, to settle at 83,755.87. During the session, the index touched an intra-day high of 83,812.09 and a low of 82,816.26.

Jun 26, 2025

Tim Hare presented Dyson Global Wet Cleaning Study 2025 at an event in Bangalore

India's cleaning paradox: Why daily mopping might be doing more harm than good [Dyson study]

Despite India's cultural commitment to daily floor cleaning, traditional methods like mops and buckets may be spreading germs instead of removing them, reveals the Dyson Global Wet Cleaning Study 2025.

Jun 26, 2025

Union Bank of India Plans ₹6,000 Crore Fundraising

Union Bank of India plans Rs 6,000 crore fundraising to support growth initiatives

Union Bank of India, a leading public sector bank, has announced a strategic plan to raise Rs 6,000 crore through a combination of equity and debt instruments. This decision, approved by the bank's board, was revealed after market hours on a recent Wednesday. The move is part of the bank's broader strategy to strengthen its financial position and support its growth initiatives.

Jun 26, 2025

E-commerce to fuel India's $1 trillion digital opportunity by 2030: Report

This demonstrates it is no longer a niche phenomenon catering to a small segment but has firmly established itself as a dominant force within the Indian retail landscape for a significant and growing share of the population, said Bessemer Venture Partners in its report.

Jun 26, 2025

India's economy remains resilient amid spike in global uncertainties: RBI

Agriculture showed a broad-based increase in production across most major crops during 2024-25. The domestic prices situation remains benign with headline inflation staying below the target for the fourth consecutive month in May, the report states.

Jun 25, 2025

Prev 1 2 3 4 5 6 7 8 9 10 Next