CATEGORIES

Banking credit growth to remain subdued in FY2026, lowered forecast: ICRA

Credit growth may ease to 9.7-10.3 per cent in FY26, weighed down by the persisting high CD ratio and implementation of the proposed changes in the liquidity coverage ratio (LCR) framework, ICRA said in a report.

Oil, gas demand to remain strong in FY26: India Ratings

India's oil and gas demand is likely to remain strong in the next financial year even as weak global demand will drive down refining margins, India Ratings and Research (Ind-Ra) said on Thursday.

India's Solar Panel Exports Surge as World Looks Beyond China

In April-October FY25, India Exported $711.95 Million Worth of PV Cells

Varun Beverages to invest ₹412 cr in South African subsidiary

Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest Rs 412 crore in its South African subsidiary Beverage Company Proprietary (Bevco).

Reliance to develop AI infra in Jamnagar in record 24 months

Akash Ambani, Director Reliance Industries Limited, on Thursday committed to develop AI infrastructure in Jamnagar, a city considered a Jewel of Reliance family - in true spirit of Jamnagar in a short span of 24 months.

India-EFTA Trade Pact Likely to Be Implemented Before End of 2025: Goyal

The implementation process of free trade agreement (FTA) between India and the four-nation European bloc EFTA is progressing fast and is expected to come into force before the end of this year, Commerce and Industry Minister Piyush Goyal said.

Budget Wishlist: Financial sector seeks tax sops, steps to deepen financial mkts

The financial sector, especially banks on Thursday made a case for tax sops in the upcoming Budget for fixed deposits to support savings which have seen reduction in recent past.

Textile exports grew 7% to $21.35 bn during Apr-Oct period of FY25: Govt

India's textiles and apparel exports, including handicrafts, grew 7 per cent during the April-October period to USD 21.35 billion, the government said on Thursday.

Ambuja Cements-Adani merger receives no objection letter from stock exchanges

Ambuja Cements Ltd has received an observation letter with 'no objection' from National Stock Exchange (NSE) and 'no adverse observations' from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd.

Coal Production From Captive, Commercial Mines Up 34% in Apr-Dec Period

Coal production from captive and commercial mines rose 34.2 per cent to 131.05 million tonnes (MT) in the April-December period of the current fiscal year.

Rupee falls 11 paise to close at record low of 85.75 against US dollar

The rupee depreciated 11 paise to close at a record low of 85.75 against the US dollar on Thursday, as strong dollar demand from importers and foreign fund outflows dented investor sentiments.

UPI Transactions Up 8% to 16.73 Billion in Dec: NPCI Data

Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8 percent over the preceding month, according to data released by the National Payments Corporation of India (NPCI).

Govt Clears PLI Incentive of ₹246 Cr Sought by M&M, Tata Motors

NEW DELHI

RBI Raises Concerns Over Irregular Practices Involved in Gold Loans

NBFCs Held a Significant 59.9% Share of the Total Gold Loans Disbursed by Banks and NBFCs Combined as of March 2024

Sebi to Continue Proceedings Against ZEEL

Issues Fresh Show Cause Notice

Employment Increases 36% to 64.33 cr in Last Ten Years

Union labour minister Mansukh Mandaviya on Thursday said employment in the country has increased by 36 per cent to 64.33 crore in 2023-24 from 47.15 crore in 2014-15, which shows improvement in job creation during NDA period.

India's Mfg Growth Hits 12-Month Low in Dec

HSBC India Manufacturing Purchasing Managers' Index was at 56.4 in Dec, down from 56.5 in Nov, indicating a weaker improvement in operating conditions

Govt Forms Working Group to Revise WPI

Base Year to Shift from 2011-12 to 2022-23

Sensex soars 1,436 points to end at two-week high

Nifty surges 445 points to close at 24,188.65

Sebi bans Ketan Parekh, 2 others for alleged front-running scheme

The market regulator has blown the lid off another scam run by stock market operator Ketan Parekh and impounded Rs 67 crore for orchestrating a front-running of trades on insider information for last two and half years.

Rice exporters in Chhattisgarh to receive 'Market Fee' exemption

In a significant move to bolster the rice industry in Chhattisgarh, the state government has announced a complete exemption from mandi fees and farmer welfare fees for rice exporters.

Simplification of rules for integrated suburb in Nava Raipur

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CM Commends Veena Sahu, Aditya Singh for Their Achievements

Chhattisgarh Chief Minister Vishnu Deo Sai has praised the achievements of Veena Sahu, a Lieutenant Nursing Officer in the Indian Army, and Aditya Singh from Farsgaon, Bastar Division, who has been selected for the National Indian Military College.

Cong Prez Announces Padyatra Against NMDC's Policies

NMDC management policies related to its newly established Nagarnar Steel plant and the people of Bastar are continuously shrouded into controversy.

Mahant reminds SEC about elections

After the tenure of Mayors was over, and the civic bodies administration entered in interim set up, the Leader of Opposition in Chhattisgarh Legislative Assembly Dr Charan Das Mahant wrote a letter to State Election Commissioner (SEC) Ajay Singh, reminding him to conduct the elections of three-tier Panchayats and civic bodies on time.

Work Promptly for Public Welfare: CM

Chhattisgarh Chief Minister Vishnu Dev Sai convened a meeting with secretaries and departmental heads at the state ministry, emphasizing the need for transparency and prompt resolution of issues concerning the public.

Company Sealed After Accident, Deceased To Get Compensation

Industrial Accidents | Actions Fewer

650 Bags of Illegal Paddy Seized in Pithora

In a significant crackdown on illegal paddy storage, the administrative team led by Sub-Divisional Officer (SDO) Pithora, Omkareshwar Singh, seized 650 bags of illegal paddy in village Laripur 2 on Thursday.

New Year gift: Cops recover 2 lost mobile phones, return to owners

The New Year brought joy to 82 mobile phone owners in Bhopal as the police in Zone-2 successfully traced and returned their lost devices on Thursday.

Bhopal is hockey's heartland: Minister Uday Pratap Singh

State school education minister Uday Pratap Singh inaugurated the 68th National School Games 2024-25 and said Bhopal was the heartland of hockey.