Business News

New Delhi:  Government-run Sagarmala Finance Corporation Limited (SMFCL) has approved an overall borrowing limit of Rs 25,000 crore, with Rs 8,000 crore earmarked for the current financial year (FY26), it was announced on Saturday. To…

Mumbai:Indian benchmark indices opened in mild red zone on Friday, amid negative global cues and fading investor hopes of a US Fed rate cut in December. As of 9.25 am, Sensex declined 80 points, or 0.09 per cent at 85,551 and Nifty dipped…

New Delhi: Around 16,000 Micro, Small and Medium Enterprises (MSMEs) are emerging as game changers, strengthening indigenous defence capabilities of the country, the government said on Thursday. "From drones to avionics to cutting-edge…

New Delhi : Raising alarm over an attempt to malign the judiciary, the Delhi Judicial Service Association (DJSA) has denounced the circulation of a forged letter falsely issued in its name and widely shared across social media and WhatsApp…

New Delhi/Kabul;  Afghan Industry and Commerce Minister Alhaj Nooruddin Azizi arrived in New Delhi Wednesday afternoon, kicking off the official visit of a high-ranking government delegation from Kabul with the aim of activating and…

New Delhi: The Indian travel industry is experiencing a massive surge in consumer confidence and spending, with 88 per cent of travellers keen to travel, a report said on Wednesday. The industry is experiencing a significant market shift…

Mumbai; Leading global financial services firm Morgan Stanley expects the Reserve Bank of India (RBI) to reduce the repo rate by 25 basis points to 5.25 per cent at its monetary policy committee (MPC) meeting, scheduled for the first week…

Mumbai : Tesla India has marked a significant milestone with the launch of its first Collision Centre in Mumbai, established in partnership with the Gautam Modi Group. Located in the bustling neighbourhood of Kalina, the state-of-the-art…

New Delhi China's large-scale lithium production that started in Tibet in 2025, is a "quiet erosion of Tibetan autonomy" as benefits primarily leave the region and "flow eastward" to Mainland China, a new report has stressed. "The benefits…

Rajsamand : Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani, visited the sacred town of Nathdwara, where he had the divine privilege of attending the Bhog Aarti Darshan of Lord Shrinathji and receiving blessings…

New Delhi; Rural consumption continues to outperform urban demand in the country despite income tax cuts and GST 2.0 reforms aimed at boosting urban consumption, a report said on Saturday. The report from brokerage firm Motilal Oswal…

New Delhi:  Power Sector Maharatna PSU, Power Finance Corpn. Ltd. (PFC)  delivered  impressive  financial results for Qr.2 of FY'26 with 23% net Interest income against first half  of FY'25.  With 14% double-digit growth   registered in…

Texas : Tesla shareholders have approved a massive pay package for CEO Elon Musk that could make him the world's first trillionaire if the company meets ambitious growth targets, news agency reported. At Tesla's annual shareholder meeting…

Mumbai;  SEBI Chairperson Tuhin Kanta Pandey on Friday said that India’s sustained economic strength will be significantly driven by its capital markets, which are essential for the country’s progress towards the 'Viksit Bharat' goal and…

New Delhi: With global 5G penetration still low, Jio's cost-effective solutions can help it scale in the $121 billion global telecom technology market, which, in turn, can add to its growth, according to a new Jefferies report. “We…

New Delhi; India’s services Purchasing Managers' Index (PMI) stood at 58.9 in October as data still showed substantial, expansions in services output and new business, the data showed on Thursday. The seasonally adjusted HSBC India…

New Delhi:Total consumer demand of gold in India increased to 802.8 tonnes in 2024, which is 26 per cent of the global gold demand taking India at second rank, next just to China with consumer demand of 815.4 tonnes, according to an SBI…

New Delhi; Minister of State for Commerce and Industry, Jitin Prasada, highlighted India’s position as one of the fastest-growing major economies, inviting Romanian enterprises to participate in India’s dynamic manufacturing and innovation…

New Delhi : The National Payments Corporation of India on Tuesday urged citizens to be vigilant against “digital arrest” scams in which fraudsters impersonate law enforcement to coerce victims into sharing personal data or transferring…

Mumbai : India’s largest lender, State Bank of India (SBI), on Tuesday, reported a 6.4 per cent year-on-year (YoY) increase in its consolidated net profit to Rs 21,504.49 crore for the second quarter (Q2) of FY26. The bank had reported a…