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Will deliver more homegrown solutions to empower next-gen digital natives in India'

Fintech major PhonePe on Monday said it is committed to transparency and accountability while showcasing its approach to delivering innovative financial solutions for the Indian market.

Bajaj Housing Finance Q2 profit rises 21% to ₹546 crore

Bajaj Housing Finance on Monday reported a 21 per cent growth in net profit to Rs 546 crore in the September quarter.

VFS Global to offer new Indonesia e-Visa on Arrival service to Indians

VFS Global on Monday said it has been appointed to offer a new Indonesia e-Visa on Arrival service to Indians and 96 other nationalities.

Union Bank Q2 PAT jumps 34% to ₹4,720 cr

The bank reported interest income of Rs 26,708 crore during the quarter

Sell India, Buy China?

For several months it has been clear that auto sales in India have slowed down.

Indel Money to raise up to ₹150 cr via NCDs

Gold loan financier Indel Money on Monday said it plans to raise up to Rs 150 crore through non-convertible debentures to fund business growth.

UltraTech Cement Q2 profit at ₹825 cr

UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 825.18 crore for the September quarter 2024-25.

Satellite 'magic bullet' to connect the unconnected: Sunil Mittal

Satellite communications is a \"magic bullet\" to cover dark unconnected areas, Bharti Chairman Sunil Mittal said on Monday, adding that players now have a great new opportunity to leverage satellite connectivity to cover remote areas that have so far been left out.

Torrent Power eyes ₹3K to 4K cr fundraise via QIP

Torrent Power, the energy arm of Torrent group, is planning to raise as much as Rs 3,000-4,000 crore through a qualified institutional placement (QIP) of shares, people aware of the matter told Moneycontrol.

Innovation key to exponential growth of mfg sector: Bharat Forge Chairman

Innovation in the manufacturing sector is critical to achieve exponential growth as India moves towards the goal of becoming a developed nation by 2047, Bharat Forge Chairman and MD Baba Kalyani said on Monday.

Data leaks: Irdai directs 2 insurers to conduct IT systems audit

Insurance regulator Irdai has directed two insurers to carry out audits of their IT systems following concerns over the recent instances of policyholders' data leaks.

Bigger homes dominate buyer preferences

Bigger homes continue to dominate demand in India and in the first half this year, at least 51 per cent property preferred 3-BHKs and 39% opted for 2-BHKs, a report showed on Monday.

Gilts fall on rise in US yields

Government bond prices ended lower after US Treasury yields rose to the highest in almost three months, dealers said. Traders were also trimming their portfolios on waning hopes of a rate cut in December by the Monetary Policy Committee after Reserve Bank of India Governor Shaktikanta Das's comments Friday, they said.

Softy ice cream mix not dairy produce, attracts 18% GST: AAR

Softy ice cream mix in vanilla flavour is not a dairy product and will attract 18 per cent GST, Rajasthan bench of Authority of Advance Ruling has said.

‘PM MITRA, PLI schemes to attract investment of ₹95,000 crore into India's textiles sector’

India's textiles sector is expected to attract investments to the tune of Rs 95,000 crore from the seven PM MITRA mega textile parks and the PLI scheme for man-made fabrics and technical textile products in the next 3-5 years, Textiles Secretary Rachna Shah said on Monday.

Coking coal import cannot be substituted fully: CIL MD

CIL Chairman and MD P M Prasad on Monday said coking coal import cannot be substituted fully, but some part of it can be reduced.

Govt will work towards designing, mfg planes in India: Naidu

The government will work towards designing and manufacturing aircraft in India with the help of the industry players, Civil Aviation Minister K Rammohan Naidu said on Monday.

FinMin seeks expenditure proposals for supplementary demands for grants

The finance ministry has sought expenditure proposals for the first batch of supplementary demands for grants from various ministries and departments ahead of winter session of Parliament.

Mkts close lower on selling in Kotak Bank, FII outflows

Erasing initial gains, benchmark indices Sensex and Nifty closed lower on Monday due to a sharp fall in Kotak Mahindra Bank and relentless foreign fund outflows.

‘Aadhaar helped people avail govt benefits’

Nobel laureate Paul Romer says

India's first coal exchange to be set up soon: Reddy

Union minister G Kishan Reddy on Monday said that India's first coal exchange would be set up soon.

Gold, silver hit all-time high on Diwali demand

Gold price surged by Rs 750 to hit a record high of Rs 80,650 per 10 grams while silver sky-rocketed by Rs 5,000 per kg in the national capital on Monday, according to the All India Sarafa Association.

Rate hikes since May '22 helped reduce inflation by 1.60%: RBI

Pvt investment show encouraging signs

Pharande & Aher await ticket decision

In the lead-up to the assembly elections, political activity is intensifying. While the Mahayuti and Mahavikas Aghadi are preparing for a state-level contest, the BJP announced its first list of 99 candidates on Sunday. Four sitting MLAs from Nashik district have been renominated. However, the name of Nashik Central's MLA Devyani Pharande was notably absent from the list. In response, Pharande, along with 24 corporators, has entered the Sagar Bungalow of Deputy Chief Minister Devendra Fadnavis.

CLASH OVER NANDGAON SEAT WITHIN MAHAYUTI

A fissure has appeared in the Mahayuti over the Nandgaon Assembly constituency in Nashik district.

Candidates can spend up to ₹40L

The model code of conduct (MCC) has been enforced in the Hingoli district and the Election Commission of India (ECI) has set the limit of candidates' poll expenditures to Rs40 lakh.

BJP declares 3 candidates in district

The saffron party's list for CS Nagar, Gangapur & Phulambri is released

Ghanewadi water level rises: Bliss for Jalna

adequate rainfall

13 Mahayuti candidates announced in Nashik

Around 13 names from the Mahayuti alliance in Nashik district have been finalised. On the other hand, Mahavikas Aghadi (MVA) has not yet revealed its candidates. Seven candidates from Ajit Pawar's Nationalist Congress Party (NCP) within the Mahayuti have been decided, and the BJP has announced four candidates. Additionally, two candidates from the Shiv Sena (Eknath Shinde) are confirmed. However, the grand alliance has not yet announced candidates for Nashik Central and Malegaon Central constituencies.

BJP retains faith in 4 sitting MLAs

BJP has only nominated one new face from the Raver constituency