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PFC delivers another impressive financial Quarter in FY’26, declares Rs.3.65 Interim Div.
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…
Elon Musk edges closer to become trillionaire as Tesla shareholders approve record pay deal
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…
Capital markets central to ‘Viksit Bharat’ push, MFs hold huge opportunity: SEBI…
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…
Jio’s cost-effective 5G solutions can help it scale in $121 billion global market: Jefferies
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…
India’s services PMI stands at 58.9 in Oct, firms confident of rise in business activity
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…
India 2nd in consumer demand of gold globally, RBI reserves rise to 880 tonnes
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…
India invites Romanian firms to join its dynamic manufacturing, innovation ecosystem
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…
Beware of ‘Digital Arrest’ fraud, document interactions: NPCI
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…
SBI Q2 results: Net profit rises 6.4 pc, asset quality improves further
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…
External Affairs Minister Jaishankar congratulates Indian team on Women’s World Cup win
New Delhi : External Affairs Minister S Jaishankar congratulated the Indian women's cricket team on their victory in the Women's World Cup 2025, calling it a proud moment for Indian cricket. In a post on X, Jaishankar wrote, "Champions of…
Global tech giants congratulate Indian women’s cricket team on World Cup win
New Delhi : Global technology leaders congratulated the Indian women's cricket team after their victory in the 2025 Women's World Cup, calling it a defining moment for the sport. Chief Executive Officer of Google and Alphabet Sundar Pichai…
SEBI increases Bank Nifty constituents, caps top stock’s weight
New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has expanded the number of constituents and capped the weights of top constituents in non-benchmark indices, such as the NSE’s Bank Nifty.
The new norms were…
India’s REITs market likely to touch Rs 19.7 lakh crore by 2030: Report
New Delhi; India’s REIT (real estate investment trust) market is projected to reach Rs 19.7 lakh crore by 2030 from Rs 10.4 lakh crore in 2025, driven by high occupancy, favourable taxation and broader sectoral inclusion, according to a…
China Eastern Airlines to increase Shanghai-Delhi flight frequency from January 2026
New Delhi; China Eastern Airlines on Friday announced that it will increase its direct flights between Shanghai Pudong and New Delhi from three to five per week, starting January 2, 2026, due to strong demand from the Indian market.
"The…
NSIC pays Rs 43.89 crore dividend to Government of India for FY 2024-25
The National Small Industries Corporation Limited (NSIC), a Mini Ratna enterprise under the Ministry of MSME, on Tuesday said that it has paid a dividend of Rs 43.89 crore to the Government of India for the financial year 2024-25.
Jitan…
Sensex, Nifty end lower amid volatile trade
Mumbai: Indian stock markets ended lower on Tuesday after a volatile trading session, as investors booked profits in select sectors and adopted a cautious approach.
The Sensex slipped 150.68 points, or 0.18 per cent, to close at…
Over 15.72 crore rural homes receive safe tap water with Rs 2.08 lakh crore central outlay
New Delhi: ) India has achieved a major milestone under the Jal Jeevan Mission, with over 81 per cent of rural households now having access to clean tap water, official data showed on Sunday, adding that more than 15.72 crore rural homes…
Centre harmonises customs exemption framework to boost ease of doing biz, effective from Nov 1
New Delhi: The government has issued a new notification towards bringing a major reform in the customs exemption framework towards ease of doing business. The new notification by Ministry of Finance (Department of Revenue) rationalises and…
India aims for 350 airports by 2047: Civil Aviation Minister
New Delhi: Civil Aviation Minister K Rammohan Naidu, after inaugurating the renovated Terminal 2 at Delhi’s Indira Gandhi International Airport (IGIA) here on Saturday, said that the government aims to have 350 airports by 2047.
India…
Strong Q2 growth, GST reforms to help India’s growth expand at 6.6 pc this year: IMF
New Delhi: India’s economy is projected to expand at a healthy pace of 6.6 per cent this year (FY26), up from 6.5 per cent in 2024 (FY25) -- owing to strong Q2 growth and GST 2.0 reforms, the International Monetary Fund (IMF) on Friday said…