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CreditAccess Sees Loan Book Growth

CREDITACCESS GRAMEEN, THE country's largest microfinance lender, reported healthy loan book growth and improved asset quality, driven by better collections across states except Karnataka.

Indices rally for 2nd day, investor wealth surges by ₹4.5 lakh crore

Buoyed by falling prices of crude oil and a positive global sentiment, stock prices continued their upward move for the second consecutive day on Thursday.

RBI mulls tighter gold loan norms, end-use tracking

THE RESERVE BANK of India (RBI) plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.

Taxpayers Declare Foreign Assets Worth ₹29,000 Cr

Declarations Come After CBDT Rolled Out Awareness Campaign

ECB cuts rates, keeps door ajar for more easing

The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase may be drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics.

TSMC Chief Assuages Worry About US Investment

TAIWAN SEMICONDUCTOR MANUFACTURING'S top executive stressed that the company's plan to spend an additional $100 billion in the US won't affect investments at home as he sought to reassure the Taiwanese public of its commitment.

Trump May Revoke Legal Status of Ukrainians Who Fled to US

US PRESIDENT DONALD Trump's administration is planning to revoke temporary legal status for some 240,000 Ukrainians who fled the conflict with Russia, a senior Trump official and three sources familiar with the matter said, potentially putting them on a fast-track to deportation.

US Crude Imports Hit 2-Year High in Feb

INDIA'S IMPORT OF US crude oil in February rose to its highest level in over two years after Indian refiners sought alternative supplies for crude oil after the nation's latest sanctions on Russian producers.

India expensive, US go-to market for FPIs: UTI MF

Historically, from such levels, Indian markets have bounced back both in relative and absolute terms

The North-South Chasm

A mix of federal equity and efficient use of fiscal resources is the solution to delimitation row

Auto sales skid in February on poor demand, high inventory

Dampened Confidence

Rajneet Kohli resigns as Britannia CEO

BRITANNIA INDUSTRIES ON Thursday announced that its chief executive officer (CEO) Rajneet Singh Kohli has resigned and will be relieved from his role on March 14.

Govt Offloads 3 MT Wheat in Market in FY25

The government's market intervention through the sale of surplus wheat stock in the open market for the current fiscal has come to an end, with the Food Corporation of India (FCI) offloading 3 million tonnes (MT) of the grain.

Honda Could Get BYD-ed in Key Scooter Market

For the world's carmakers, the inexorable rise of Chinese electric vehicle-maker BYD and its local rivals in recent years has been a brutal lesson in disruptive innovation.

Birla Opus steps on the gas with discounts, offers

BIRLA OPUS, THE paints venture of the Aditya Birla group, is offering nearly double the amount of price-offs or discounts on products, at 6-7%, compared to rivals such as Asian Paints and Berger, whose price discounts are at about 3-4% on its products, trade and industry sources have told FE.

India GPUs in 3-4 years, Says Vaishnaw

THE DATASETS PLATFORM, AI Kosha, which was launched on Thursday, will serve as a repository of anonymous and non-personal data, providing crucial resources for startups to train AI models.

We do not need to raise CNG prices

Mahanagar Gas plans to spend ₹1,000 crore in FY26 as capex compared with ₹800 crore in the current financial year.

Battery storage is here

REPORT BY JMK Research in 2023 commented on the rise of grid-scale energy storage systems (ESS) via demand-driven tenders, and how this was becoming important for the grid integration of renewables.

Brent extends decline in volatile trade

OIL PRICES MARGINALLY eased in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between the US, Canada, Mexico and China, and OPEC+ plans to raise output.

Boeing CEO Kelly Wants 'Brutal' Honesty From Workers

\"I want to hear what the employees have to say,\" Ortberg said during his second companywide address to Boeing workers on Wednesday. \"And what we'll do is we're going to put an action plan on those things, and I think they're going to be brutal to leadership, quite frankly.\"

Yield softens to one-month low on liquidity push

Boosting Sentiment

We plan to nearly double our highway asset base in three years

IRB Infrastructure Developers (IRB), a leading integrated roads and highways infrastructure developer, is planning to nearly double its highway asset base to ₹1.4 lakh crore in three years, managing director Virendra D Mhaiskar tells Mukesh Jagota in an interview.

Will protect interest of exporters in trade talks with US: FM

WITH THE DONALD TRUMP administration threatening to impose reciprocal tariffs from April 2, finance minister Nirmala Sitharaman on Thursday said that commerce minister Piyush Goyal, who is currently in the US for bilateral talks, will seek to protect Indian exporters' interest.

Who is stopping you? Reclaim PoK, also part with China, says Omar

REFERRING TO EAM S Jaishankar's recent remarks on Pakistan-occupied Kashmir, J&K chief minister Omar Abdullah on Thursday asked who was stopping the Centre from reclaiming PoK.

Market on recovery course, Jefferies and Citi optimistic

Historically, from such levels, Indian markets have bounced back both in relative and absolute terms

Mexico gets tariff reprieve, Canada left in limbo

US PRESIDENT DONALD Trump on Thursday said Mexico won't be required to pay tariffs on any goods that fall under the United States-Mexico-Canada Agreement on trade until April 2, but made no mention of a reprieve for Canada despite his Commerce secretary saying a comparable exemption was likely.

Ola Electric First 2W EV Maker to Bag PLI Incentives

Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in the country to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme).

US Trade Deficit Surges to Record in Jan

US weekly jobless claims drop

Men still out-earning women significantly in senior positions

Fear of work-life imbalance holds back women from pursuing top roles

Kalyani Samadhi Case Back in Court

The Kalyani family dispute about their mother's samadhi is back in court.