World Bank Keeps India FY27 GDP Forecast at 6.5%
The World Bank maintains India's GDP growth forecast at 6.5% for FY27, citing domestic demand strength offsetting US tariff impacts, while projecting continued fiscal consolidation.
Category : Business
RBI Proposes Reopening UCB Licenses After 20 Years
The Reserve Bank of India suggests restarting licensing for urban co-operative banks, favoring large credit societies with strong financials and governance.
Sachin Sahay Frontrunner for Birla Opus CEO Role
Sachin Sahay, ITC's sales operations head with 23 years experience, emerges as top candidate to become Birla Opus CEO, succeeding Rakshit Hargave in competitive paints market.
Angel One Closes Gap with Zerodha in Active Client Count
The competition between Zerodha and Angel One intensifies as their active client gap shrinks to a five-year low. Industry-wide client numbers drop due to Sebi's options trading reforms.
Mumbai-Chandigarh Flight Returns Due to Fog, Passengers Harassed
An IndiGo flight from Mumbai to Chandigarh had to turn back after two hours due to dense fog, causing major delays and passenger frustration across multiple cities.
PFRDA Committee to Formulate Assured Payout Guidelines for NPS
PFRDA establishes a 15-member expert committee to develop regulations for assured retirement payouts under NPS, aiming to enhance income security for subscribers.
RBI Ends Licensing Pause for Urban Co-op Banks
The Reserve Bank of India has lifted its ban on licensing new urban cooperative banks, introducing a Rs 300 crore minimum capital requirement to strengthen the sector.
Adani Energy Solutions Transmission Hits 27,901 CKM, Order Book Rs 77,787 Cr
Adani Energy Solutions reports significant growth in its transmission network, reaching 27,901 circuit kilometers. The company's order book surges to Rs 77,787 crore in the third quarter of FY26.
Chandel-Hasapur Bridge in Pernem to Open by April
The new Rs 20 crore Chandel-Hasapur bridge in Pernem, Goa, is expected to be fully operational by April, replacing a dilapidated 32-year-old structure and improving safety for commuters.
US Stocks Open Mixed After Inflation Data Release
The Dow Jones, S&P 500, and Nasdaq opened with mixed movements as the latest US inflation figures aligned with market forecasts, showing minimal early gains.
Pink Palms, Deep Cuts: Ahmedabad's Manjha-Makers
Migrant workers from Uttar Pradesh flock to Ahmedabad's Dilli Darwaza before Makar Sankranti, making kite strings with bare hands that suffer deep, slow-healing cuts from glass powder.
14 AC Local Trains Added to Mumbai Harbour Line
Central Railway introduces 14 new air-conditioned local train services on the CSMT-Panvel Harbour line starting January 26, 2026, replacing existing non-AC services.
India Unfazed by Trump's 25% Tariffs on Iran Partners
Government sources indicate that new US tariffs targeting Iran's trade partners will not significantly affect India, despite potential economic pressures.
US Threatens 25% Tariff on India-Iran Trade, Rice Exporters Warn
Indian rice exporters face potential losses as US threatens 25% tariff on trade with Iran. Basmati rice exports worth ₹2,000 crore are stuck, creating port backlogs and payment delays.
India May Face 75% US Tariffs After Trump's Iran Move
India could face 75% tariffs on US exports after Donald Trump announced new 25% tariffs on countries trading with Iran. India is a top trading partner of Iran.
Kotak's USK Capital Buys Majority Stake in US Snack Brand Go Raw
USK Capital, the family office of billionaire Uday Kotak, acquires majority stake in US-based seed-snack brand Go Raw, marking its first investment outside India and entry into consumer sector.
India Unlikely to Feel Major Impact from US Iran Tariffs
Government sources say India's limited trade exposure with Iran means newly announced US tariffs will have minimal impact on the country's economy.
Budget 2026: Old Tax Regime Phase-Out Likely, Say Experts
Finance Minister Nirmala Sitharaman will present Union Budget 2026 on February 1. Tax experts predict a gradual phase-out of the old income tax regime as the new regime gains popularity.
India Hiring Up 15% in December, Signals Measured Growth
India's hiring activity rose 15% in December, indicating a shift towards more measured expansion in the job market, according to a recent report.
India: US Iran Tariffs to Have Minimal Impact
Government sources indicate that new US tariffs targeting countries trading with Iran will have a limited effect on India's economy, citing diversified trade and strategic adjustments.
Pension Bazaar to Boost Adoption Like Policybazaar: PFRDA
PFRDA Chairman Deepak Mohanty says Pension Bazaar will revolutionize pension uptake, similar to Policybazaar's impact on insurance, aiming for wider financial inclusion in India.
Fed's Independence at Risk as Trump Targets Powell
The Federal Reserve faces a major challenge as President Trump's criminal investigation into Jerome Powell could reshape monetary policy and trigger market volatility.
Railway Catering Policy Revised, DRMs Get Approval Powers
The Railway Board has modified the 2017 Catering Policy, allowing Divisional Railway Managers to approve new catering initiatives at stations for two years, following Southern Railway's suggestions.
UPI Targets East Asia, Stand Up India Scheme Expanded
Government plans to extend UPI services to more countries, focusing on East Asia. Financial inclusion efforts intensify with expanded Stand Up India loans and near-complete banking coverage.
Paramount's Hostile Bid for Warner Bros Discovery Intensifies
Paramount intensifies its hostile takeover bid for Warner Bros Discovery, filing a lawsuit and planning a proxy fight to challenge Netflix's $82.7 billion deal. The battle could reshape the media landscape.
Warren Questions SEC on Trump's Crypto Retirement Order
US Senator Elizabeth Warren demands SEC explain investor protection plans as Trump's order allows cryptocurrency in retirement accounts, citing volatility and risk concerns.
Trump's Iran Tariff Threat Sparks China Warning on Trade Wars
China vows to protect its interests after Trump orders 25% tariffs on nations trading with Iran, warning tariff wars have no winners and supporting Iran's stability amid protests.
Silver Jumps Rs 6,000, Gold Hits Record High in Delhi
Silver prices surged by Rs 6,000 to a lifetime high of Rs 2,71,000 per kg in Delhi, while gold climbed to Rs 1,45,000 per 10 grams amid strong safe-haven demand.
India's Growth Numbers: Sustainable Progress or Temporary High?
India's latest GDP growth of 8.2% signals a strong economic moment, but questions remain about translating this into sustainable, inclusive development for Viksit Bharat 2047.
Atharv Jewels Expands 14-Carat Gold Jewellery Portfolio
Atharv Jewels, led by founder Ritika Agarwal, announces the expansion of its 14-carat gold jewellery portfolio, targeting modern consumers with affordable luxury designs.
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