In August 2025, Reliance Industries Chairman Mukesh Ambani had told shareholders that the company's battery gigafactory will start in 2026. (PTI)
Posted in Business

Reliance Industries pauses plans to make lithium-ion battery cells in India| Business News

Reliance Industries Ltd. has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, said people familiar with the matter,…

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Security startup Torq raises cash at $1.2 billion valuation
Posted in Startups

Security startup Torq raises cash at $1.2 billion valuation

The Israeli cybersecurity startup Torq is planning to announce Sunday that it has closed a $140 million funding round, raising its valuation to $1.2 billion….

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The criminal charges against US Federal Reserve marks an escalation of President Donald Trump’s longstanding feud with the Fed Chair Jerome Powell. (Reuters)
Posted in Business

US Fed served with DOJ subpoenas, Jerome Powell vows to stand firm| Business News

Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a…

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Posted in Economy

Europe fills diplomatic agenda for India this week

New Delhi: Europe will dominate Indian diplomacy this week, with visits from three continental nations ahead of the conclusion of the much-anticipated free trade agreement…

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Capex India Inc
Posted in Economy

Budget 2026: As economy holds firm, India Inc urges focus on growth, capex and private investment

As the economy remains resilient despite external headwinds, India Inc. wants the government to maintain its growth focus in the upcoming budget for FY27. It’s…

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Posted in Economy

Credit demand zooms as policy eases, outstanding bank credit crossed Rs 200 lakh cr for the first time on Dec 31, 2025

Mumbai: Credit demand in India is getting a boost from the reduction in the goods and services tax (GST) and a more accommodating monetary policy,…

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Posted in Economy

Budget 2026: CII seeks rolling, 3-year pipeline for privatisation

New Delhi: The Confederation of Indian Industry (CII) has proposed the creation of a rolling, three-year pipeline of state-run companies available for stake sale as…

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Posted in Economy

State capex loans cross 56% of FY26 target by Jan 5; Centre aims for full utilisation

New Delhi: The Centre has released ₹83,595 crore to states as of January 5 under the Scheme for Special Assistance to States for Capital Investment…

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ICICI Lombard General Insurance is a unit of India's second largest private lender ICICI Bank. (Reuters)
Posted in Business

ICICI Lombard official accidently posts draft Q3 results on WhatsApp| Business News

An employee of ICICI Lombard General Insurance Co. inadvertently uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the…

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Posted in Economy

Germany’s Merz heads to India to bolster trade, security ties

German Chancellor Friedrich Merz left for India on Sunday for a visit to bolster economic and security ties between the top EU economy and the…

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