India's forex reserves rose $392 million to $687.2 billion as a sharp jump in gold value offset a fall in foreign currency assets. The RBI's strategy shows a clear shift toward diversification.
Mohan Lal Mittal, the patriarch of the Mittal family and founder of their steel empire, passed away in London at age 99. His son Lakshmi Mittal praised his father's entrepreneurial vision and strong work ethic.
Wipro reported December quarter revenue of $2.6 billion with sequential growth, while Tech Mahindra posted $1.6 billion. Both IT giants show cautious optimism for Q4 amid muted demand.
Income tax department revives assessment for Tiger Global's 2018-19 after SC order on Flipkart stake sale. Investors worry about tax planning implications.
Coimbatore and Tirupur face severe job losses and export decline after US imposed 50% tariff. Industries fear further damage if 500% tariff proposal on Russian oil buyers materializes.
Multi-asset mutual funds delivered superior returns compared to equity and hybrid funds, benefiting from strong gains in gold and silver. Top funds achieved over 20% CAGR.
Ahmedabad Municipal Corporation's new cell is hiring a consultant to develop a sales strategy for leasehold properties, including CG Road's Municipal Market, aiming to boost revenue.
Ambala Division has secured top honors in the Railway Awards, showcasing outstanding performance in safety, efficiency, and passenger services across Haryana.
An FMCG promoter in Ahmedabad allegedly used a fabricated UPSC success story to defraud a tech group of Rs 2.82 crore through inflated purchases and parallel firms, according to a CID Crime complaint.
Ahmedabad Municipal Corporation's estate department demolished an illegal bungalow section in Paldi following a BJP MLA's complaint about Disturbed Areas Act violations.
Southern Railway announces special train services for Pongal rush. Madurai-Rameswaram specials run Saturday and Sunday. Nagercoil-Tambaram superfast special operates Sunday.
The Kutch-Saurashtra Vibrant Gujarat Regional Conference signed MoUs worth Rs 5.78 lakh crore for 5,492 projects, promising 6.26 lakh new jobs. Kutch led with Rs 1.25 lakh crore investments.
Jammu and Kashmir's Chief Secretary directs officials to accelerate housing construction to address the growing demand in the region, emphasizing timely project completion.
The Lavender Revolution in Doda district has catalyzed a surge of innovative startups in Jammu & Kashmir, transforming local agriculture and boosting the rural economy, as highlighted by a government minister.
Sebi chairman Tuhin Kanta Pandey announces reforms to ease foreign investment, introduce closing auctions, and boost market resilience at Mumbai conference.
India's top five IT companies recorded only 17 net hires in the first nine months of FY2025-26, a sharp drop from 17,764 last year, as AI and automation reshape hiring models.
Valsad consumer court rules squint correction is medical, not cosmetic, directing New India Assurance to compensate a Navsari resident with Rs 4.12 lakh plus interest.
CBIC announces export incentive schemes like duty drawback, RoDTEP, and RoSCTL will now apply to postal shipments, boosting MSME competitiveness and cross-border e-commerce.
EPFO will soon authorize facilitators to help members access benefits and resolve PF account issues, eliminating office visits. A pilot is underway in Delhi.
Sugar mills in Karnataka owe a staggering Rs 4,390 crore to sugarcane farmers for the 2025-26 season, highlighting financial strain in the agricultural sector.
The Bangalore Development Authority requests urgent government action to resolve the Turahalli forest buffer zone issue, which now affects 480 site allottees in south Bengaluru after a drone survey.
India's rapid shift to electric vehicles faces challenges. Experts warn against abruptly phasing out internal combustion engines, citing economic and infrastructure hurdles.
Commerce Minister Piyush Goyal calls the India-EU Free Trade Agreement the 'mother of all deals' as negotiations near completion, aiming for a win-win outcome.
Major US indexes gained slightly in volatile trading as chip stocks rallied on TSMC results. The dollar held near a six-week high amid strong jobs data, while gold fell and oil rose on supply concerns.
Punjab Chief Minister Bhagwant Mann met British Columbia Premier David Eby to strengthen trade, investment, and educational cooperation between Punjab and Canada.
Andhra Pradesh will get India's first and world's largest green ammonia project in Kakinada with $10 billion investment, creating 8,000 jobs and enabling green energy exports to Europe and Asia.
Prime Minister Narendra Modi called on Indian startups to shift focus to manufacturing and technology, aiming for global leadership in the next decade during Startup India's 10th anniversary event.
Punjab has been recognized as a top performer in India's startup ecosystem rankings for the second consecutive year. The award highlights the state's progress in fostering entrepreneurship and innovation.
Fannie Mae and Freddie Mac shares extended losses as Trump's mortgage bond directive and IPO doubts rattled investors, erasing 2025 gains.
Canada and China have agreed to reduce trade barriers, including tariffs on canola and electric vehicles, marking a significant warming of relations after years of tension.