India's Forex Reserves Drop to $704.9 Billion
India's foreign exchange reserves declined by $2.79 billion to $704.9 billion as of June 21, 2024. Despite the drop, reserves remain near record highs, providing strong economic stability.
Category : Business
Credit Card Spending Surges 23% to Rs 2.17 Lakh Crore
India's credit card expenditure hits record Rs 2.17 lakh crore in September 2024, showing 23% YoY growth. Discover key trends driving this digital payment boom.
Mukesh Ambani Builds Kitchen for Tirumala Temple
Reliance Chairman Mukesh Ambani will construct a state-of-the-art kitchen at Tirumala for Sri Venkateswara Anna Prasadam Trust. The project aims to enhance prasadam distribution for millions of devotees.
Railways Mega Terminals to Boost Capacity in 20 Cities
Indian Railways announces Mega Coaching Terminals in 20 cities to double train handling capacity, ensuring smoother operations during peak travel seasons. Read more.
Govt panel to revive stalled real estate projects
India's corporate affairs ministry forms committee to expedite stalled real estate projects and improve debt resolution, addressing over ₹4 trillion stuck investments affecting lakhs of homebuyers.
Sonipat brick makers turn to shrimp farming for profit
Former brick manufacturers in Sonipat are embracing shrimp aquaculture with government subsidies offering 60% support. While high returns attract farmers, US tariffs pose new challenges.
Market Cap Falls ₹88,635 Cr in Short Week
Seven of India's top 10 companies lost ₹88,635 crore in market cap during holiday week. Bharti Airtel, TCS hit hardest while LIC, SBI gained. Read analysis.
Mukesh Ambani launches Rs 50 crore project in Nathdwara
Reliance Chairman Mukesh Ambani inaugurates Rs 50 crore Yatri EVAM Varishth Seva Sadan in Nathdwara, Rajasthan. The project will enhance pilgrim facilities and support elderly visitors.
NCLT approves Suzuki-Maruti merger effective April 2025
National Company Law Tribunal approves Suzuki Motor Gujarat merger with Maruti Suzuki India. The amalgamation takes effect April 1, 2025, creating operational efficiencies and shareholder value.
China Ends Export Restrictions on Critical Minerals to US
China suspends year-long export restrictions on gallium, germanium, and antimony superhard materials to US companies. Key development in global tech supply chains.
CII Proposes New Strategic Fund for India's Growth
Confederation of Indian Industry proposes India Development and Strategic Fund to finance long-term growth and enhance economic resilience. Learn how this will transform India's infrastructure.
Rodrik Calls for New Economic Strategy in Fractured World
Harvard economist Dani Rodrik argues for updated industrial policies to tackle climate change, middle-class decline and poverty through local, collaborative approaches rather than top-down solutions.
6 New IPOs Launch Next Week, Raising ₹10,500 Crore
Indian primary market sees 6 new IPOs launching next week including PhysicsWallah and Emmvee Photovoltaic. Seven other IPOs including Lenskart and Groww set to list. Key dates and details inside.
7 Top Firms Lose Rs 88,635 Crore in Market Value
Market capitalization of seven top-10 valued firms eroded by Rs 88,635 crore last week. Bharti Airtel and TCS suffered biggest losses. Discover which companies gained.
A-1 Announces Bonus Shares & Stock Split on Nov 14
Chemical company A-1 to consider 5:1 bonus shares, 10:1 stock split and dividend on November 14. Stock has delivered 225% returns in 6 months.
Gold Prices Dip on MCX, Silver Gains
MCX Gold December futures closed 0.02% lower at ₹1,21,038 per 10 grams while silver rose 0.04%. Discover current rates across major Indian cities and gold's impressive 1,200% growth since 2005.
India pays highest price for Russian oil amid US sanctions
India faces 50% US tariffs for Russian oil imports while Hungary secures exemption. Analysis reveals political dynamics and potential trade deal solutions for New Delhi.
TVS Motor Charts New Course for European Expansion
TVS Motor Company is accelerating its European strategy as Chairman Sudarshan Venu announces a strategic shift toward industrialized markets. Discover their global growth plans.
Global Factors to Keep Indian Markets Volatile: Analysts
Indian stock markets face volatility amid global uncertainty and key economic data releases. Analysts predict cautious trading with focus on US inflation and Fed policy.
Q2 Earnings Final Week: Key Companies Report Results
India's Q2 earnings season concludes with 2,500 companies reporting. Vodafone Idea, ONGC, Tata Motors among key players. Get detailed previews and analysis of quarterly performance.
Analysts: Global uncertainty to keep Indian markets volatile
Indian stock markets are set for a volatile week amid global uncertainty and key domestic data releases like CPI and WPI inflation. Analysts advise monitoring the 25,300-25,250 support zone for Nifty.
Swiggy Seeks ₹10,000 Crore After IPO, Mehra Questions
First Global's Devina Mehra criticizes Swiggy's new ₹10,000 crore funding plan just a year after its ₹4,500 crore IPO, highlighting deep losses and capital dilution concerns for investors.
Urban India Economic Revival Forecast for Q3 FY26
CRISIL report predicts urban India's economic revival by third quarter FY26, driven by easing supply pressures and rising discretionary spending. Learn how this impacts various sectors.
Punjab CM Announces Industrial Revival Plan for Batala
Punjab CM Bhagwant Mann pledges to revitalize Batala's industry with new projects worth crores and addresses key local issues. Read about the development initiatives.
SEBI Alert: Risks in Unregulated Digital Gold Schemes
SEBI warns Indian investors about unregulated digital gold platforms. Learn how to protect your investments and identify legitimate gold investment options. Stay informed!
Indian Markets Extend Losses Amid Global Cues
Sensex and Nifty 50 declined for third consecutive session on Friday. Discover expert analysis and stock recommendations for next week's trading strategy.
Ulwe Coastal Road 60% Complete, Boosts Navi Mumbai
Navi Mumbai's Ulwe Coastal Road project achieves 60% completion, promising enhanced regional connectivity and economic growth. Discover how this infrastructure milestone will transform travel.
Nifty 50 Falls to 25,492; Telecom Sector Leads Gains
Nifty 50 declined 0.89% to close at 25,492 amid global worries, while telecom surged 5%. Technical analysis reveals key support at 25,200-25,300. Discover trading strategies and stock picks for the week ahead.
India's LNG imports fall 11.1% on monsoon, high prices
India's LNG imports fell 11.1% in April-September FY26 due to heavy monsoon rains and volatile global prices, reducing import dependence to 49.3%. Explore the sector-wise impact and future outlook.
10 Long-Term Value Stocks for Indian Investors
Expert reveals 10 value stocks to buy for long-term gains as Indian market shows revival signs. Discover HAL, SBI, Adani stocks and more with strong growth potential.
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