Rajesh Exports: Congress Demands JPC Probe
Congress demands a JPC probe into Rajesh Exports case after SEBI barred CEO Rajesh Mehta for alleged financial misrepresentation.
Category : Business
Gold Falls Rs 400, Silver Plunges Rs 5,000 on Weak Global Cues
Gold prices dropped Rs 400 to Rs 71,550 per 10 grams, while silver slumped Rs 5,000 to Rs 2,60,700 per kg, tracking weak global trends.
Forex Reserves Jump $938 Million to $682 Billion
India's foreign exchange reserves increased by $938 million to reach $682 billion for the week ending May 29, driven by a rise in foreign currency assets.
Sebi Clears 5 IPOs Including Oyo Parent Prism
Sebi approves five IPOs including Oyo parent Prism (Rs 6,650 crore) and Truhome Finance. Other issuers include LIC, HDFC, and Reliance.
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India Can Return to Over 7% Growth in FY28: CEA
CEA V Anantha Nageswaran said India can achieve over 7% growth in FY28 through macroeconomic stability and supply measures, provided external conditions improve, after RBI cut FY27 forecast to 6.6%.
India Forex Reserves Up $938M to $682.3 Billion
India's foreign exchange reserves increased by $938 million to $682.321 billion for the week ended May 28, as per RBI data. The reserves had hit an all-time high of $728.494 billion in February.
Worker Killed, 3 Injured in Ahmedabad Chemical Factory Blast
A worker died and three others were injured in a blast at a chemical factory in Ahmedabad's Naroda GIDC on Friday. A tank containing a chemical solvent exploded, and a hydrogen truck caught fire.
Women in Punjab Face High Unemployment, Low Workforce Participation
A new report reveals Punjab's female labour force participation rate is 30.2%, below national average, with unemployment at 7.3%. Gender gaps persist in education spending and health access.
India's GDP Grows 7.8% in Q4 FY26, Full-Year at 7.7%
India's economy grew 7.8% in Q4 FY26, pushing full-year growth to 7.7%. Other top stories include K Annamalai's new political movement, Ritabrata Banerjee's rebel faction, and Iran-Russia updates.
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ICAR-NMRI team inspects closed Bacon Factory in Ranchi
A team from ICAR-NMRI completed a two-day inspection of the closed Bacon Factory in Ranchi. The factory, closed since the 1990s, requires complete renovation. A revival report will be submitted to the state government soon.
Prestige Group's 62.5-acre Township Reshapes NH24 Realty
Prestige Group's The Prestige City Indirapuram Extension introduces an integrated township model with Forum Mall and three clubhouses, redefining premium living along the NH24 corridor in Delhi-NCR.
India-US Trade Deal First Tranche by Mid-July
Commerce minister Piyush Goyal announced that the first phase of the India-US trade deal could be finalised by mid-July, following recent talks between officials.
Epic Group's Trimetro Campus: A New Benchmark in Green Manufacturing
Epic Group's Trimetro Campus in Telangana sets a new standard for sustainable manufacturing in India, featuring zero-liquid discharge, solar power, and water recycling.
Explosion at Ahmedabad Chemical Unit Kills One, Injures Three
An explosion at a chemical factory in Ahmedabad's Naroda GIDC area killed one worker and injured three others. The blast triggered a fire in a hydrogen-filled truck, which was later controlled by firefighters.
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Indian Economy Grows 7.8% in Q4, Beats Estimates; FY26 GDP at 7.7%
India's GDP grew 7.8% in Q4 FY2025-26, beating expectations. Full-year growth stood at 7.7%, slightly above government estimates of 7.6%. Sectoral data shows strong performance in services and manufacturing.
Maharashtra Loan Waiver for 56 Lakh Farmers: Conditions
Maharashtra government approves loan waiver benefiting 56 lakh farmers. Know the conditions, eligibility, and impact on the state's economy.
RBI Governor Warns Deficient Monsoon May Hit Rural Demand
RBI Governor Sanjay Malhotra cautioned that a projected deficiency in the south-west monsoon could impact rural demand and private consumption, though government initiatives may cushion the effect.
Malviya Nagar Fire Cripples Local Businesses in Hauz Rani
A devastating fire at a hotel in Malviya Nagar, Delhi, has severely impacted dozens of small businesses in Hauz Rani, including eateries, laundries, and grocery shops, as authorities seal hotels.
Stock Markets End Lower on RBI Growth Cut
Indian stock markets ended marginally lower after RBI lowered growth expectations. Sensex fell 116.67 points to 74,243.34, Nifty dropped 49.85 points to 23,366.70.
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India's Q4 GDP Grows 7.8%, Full Year 7.7%
India's GDP grew 7.8% in Q4 of 2025-26, pushing full-year growth to 7.7%, according to government data released by MoSPI.
Air India May End Free Meals on Domestic Flights as Losses Mount
Air India is considering cutting complimentary meals for economy-class domestic passengers to reduce costs, as losses hit a record Rs 27,000 crore.
Rupee Rises 81 Paise to 94.93 After RBI Policy
The Indian rupee strengthened by 81 paise to close at 94.93 against the US dollar on Friday, following the Reserve Bank of India's policy announcements that boosted investor sentiment.
How India Can Curb Capital Flight: Policy Measures
India faces significant capital flight. This article explores causes like tax evasion and corruption, and suggests policy measures including stricter enforcement, tax reforms, and investment climate improvements to stem outflows.
India's Real GDP Growth for FY 2025-26 at 7.7%
India's real GDP growth for the financial year 2025-26 has been reported at 7.7 per cent, according to official data released on Friday. The strong growth reflects resilient economic activity.
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India appoints Neelkanth Mishra as World Bank Executive Director
The Indian government has appointed economist Neelkanth Mishra as Executive Director at the World Bank, representing India, Bangladesh, Bhutan and Sri Lanka for a three-year term.
Shamika Ravi's Rupee Comments Spark Backlash
Shamika Ravi, PM's economic adviser, faces backlash after saying 'So what if the rupee touches 100?' amid record lows near 97. Critics slam her remarks as out of touch with common citizens.
Mumbai's 100-Acre SRA Project in Andheri Attracts Major Bids
Three major developers bid for Mumbai's first 100-acre cluster SRA scheme in Andheri West, marking a milestone in urban redevelopment with Rs 175 crore security deposits each.
Sensex Drops 116 Points, Nifty Ends at 23,366 Post RBI MPC
Indian equity markets ended lower on Friday with Sensex falling 116 points and Nifty closing at 23,366 after RBI MPC's announcement. Banking and auto stocks dragged.
RBI Considers Polymer Currency Notes for Durability and Security
The RBI is considering polymer currency notes to improve durability and security. Governor Sanjay Malhotra said the proposal is at a preliminary stage, with pros and cons being examined.
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Gold Exchange Surges 60% as Prices Hit Record Highs
Gold exchange transactions at jewellery stores surge up to 60% year-on-year as record prices drive consumers to trade old gold for new purchases, reshaping the market.
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