The Modi government has approved a Rs 2.5 lakh crore loan facility under ECLGS 5.0 to support MSMEs and airlines affected by the West Asia crisis, offering credit guarantees and extended repayment tenors.
CII president Rajiv Memani said corporate investment announcements rose 50% to Rs 41 lakh crore in FY26, amid caution over global uncertainties and slow private capex.
IMF recommends India pass on higher crude prices to consumers amid energy shock, while RBI deputy governor counters limited fiscal space claim, citing prudent policies and growth.
Biocon founder Kiran Mazumdar-Shaw announces a gradual succession plan, naming her niece Claire Mazumdar as her successor. Claire currently leads Biocon spinoff Bicara Therapeutics.
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Sebi plans to let online bond platforms offer IFSCA-regulated debt securities in GIFT City, enabling Indian investors to buy foreign bonds and tax-saving bonds from govt bodies.
Mehul Kothari of Anand Rathi recommends buying Castrol India, Concord Biotech, and Intellect Design Arena today. Check targets and stop losses.
Bombay High Court quashed an FIR against HDFC Bank CEO Sashidhar Jagdishan filed by Lilavati Hospital Trust, calling it a counterblast to recovery proceedings.
Indian stock markets opened higher on Wednesday as crude oil prices declined on hopes of a US-Iran peace deal. Nifty50 traded above 24,100, while BSE Sensex gained over 250 points.
Indian stock markets rallied on global optimism, with Sensex gaining 500 points and Nifty soaring past the 24000 mark, driven by positive global cues and strong buying.
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Indian companies announced a record $20.5 billion investment pledge in the US, with 12 firms signing immediate deals at the SelectUSA Investment Summit.
The Indian rupee appreciated 23 paise to 94.95 against the US dollar in early trade on Wednesday, recovering from its previous close at the interbank foreign exchange market.
Claire Mazumdar, 37, niece of Kiran Mazumdar-Shaw, has been named as her successor for Biocon. She is the founding CEO of Bicara Therapeutics.
Coforge shares surged over 10% after the IT company reported a multifold jump in Q4 net profit to Rs 612 crore, driven by strong revenue growth and operational efficiency.
The government has approved railway projects worth Rs 23,437 crore to enhance connectivity to tourist destinations including Mahakaleshwar Temple and Ranthambore National Park.
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Indian space-tech startup Pixxel has secured a contract from the US National Reconnaissance Office to integrate its hyperspectral imaging data into the NRO's remote sensing network, enhancing Earth observation capabilities.
Biocon founder Kiran Mazumdar-Shaw has outlined a five-year succession plan, appointing her niece Claire Mazumdar as her successor. Claire currently leads Bicara Therapeutics.
Auto retail sales in India surged 13% in April 2025, driven by strong rural demand and new model launches. Two-wheelers and tractors led growth, while passenger vehicles saw moderate gains.
The MSME Forum of Ludhiana has expressed deep concern over the continuous devaluation of the Indian rupee, which is impacting small and medium enterprises adversely.
Indian companies have announced a massive $11 billion investment in the US, expected to create 1,500 new jobs across various sectors.
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India retained its position as the world's largest recipient of remittances in 2023, receiving $125 billion, according to a UN report. The funds are vital for the economy.
The Indian rupee plunged to a record low of 85.07 against the US dollar, driven by strong dollar demand and foreign fund outflows. The decline impacts import costs and inflation.
Anduril Industries will lead a consortium to develop space-based interceptors for the US Golden Dome defense system, a next-generation missile shield.
Coinbase CEO Brian Armstrong announces a 14% workforce reduction as part of an AI-native restructuring to streamline operations and focus on artificial intelligence.
Rajasthan will establish 60 new CNG stations this fiscal year, announced ACS Aparna Arora. GAIL Gas expertise will be shared with Jaipur operators.
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Odisha CM Mohan Charan Majhi launched a three-day business outreach in Gujarat, pitching Odisha as a key driver of India's next growth phase, with high-level meetings in chemicals, metals, and textiles sectors.
Two thieves in Rourkela called police for help after being locked inside a house by alert neighbours. They were rescued and arrested, with stolen jewellery recovered.
Three individuals including two former office-bearers of Shivajirao S. Jondhale College of Engineering alumni association and a bank manager booked for allegedly misappropriating over Rs 3 lakh from association funds.
After two months in free agency, Joey Bosa remains unsigned. The Dallas Cowboys and Tennessee Titans have emerged as top destinations for the veteran defensive end.
The Indian government has approved the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) with an outlay of Rs 18,100 crore to support MSMEs and airlines affected by the West Asia conflict.
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A 19-year-old daily wage labourer from Nepal died during construction of the Sewri-Worli connector in Mumbai due to an unstable iron frame swung by a crane, highlighting safety lapses.
