Rupee will depreciate further, no need to panic or worry: Axis Bank chief economist
Mumbai, Axis Bank chief economist Neelkanth Mishra on Tuesday said the rupee is likely to depreciate further, and there is no need to panic over…
Lok Sabha clears Insurance Amendment Bill to allow 100% FDI in insurance sector
The Lok Sabha on Tuesday passed the Insurance Amendment Bill, paving the way for allowing up to 100 per cent foreign direct investment (FDI) in…
Shipments to US outpace India’s overall export growth
New Delhi: Led by engineering goods, chemicals and farm products, India’s merchandise exports to the US rose 11.38% on-year in April–November FY26 at $59.04 billion,…
Insurance Amendment Bill seeks to accelerate growth of sector, improve regulatory oversight: Nirmala Sitharaman
New Delhi: The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector,…
India likely to witness above-trend growth of 7.5% in FY27: Axis Bank Research
New Delhi: In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening,…
Spacetech startup Digantara raises $50 million to boost space surveillance push
Spacetech firm Digantara Industries said on Tuesday it had raised $50 million in a funding round to develop indigenous space surveillance capabilities and strengthen its…
HDFC Bank gets RBI nod for raising stake in IndusInd Bank up to 9.5 pc| Business News
HDFC Bank has got the Reserve Bank’s nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. The…
Petroleum products, electronic goods pushing India’s exports to China: Govt data
New Delhi: Petroleum products, and electronic goods are helping India increase its exports to China, with which it has a huge trade deficit of about…
Union Minister Pralhad Joshi asks states to create more foodgrain storage facilities
New Delhi: Union Food Minister Pralhad Joshi on Tuesday asked all state governments to create more storage facilities for foodgrains amid the rising procurement of…
Vedanta shares surge to record after demerger into five firms gets NCLT nod| Business News
Shares of Vedanta Ltd. surged to a record on Tuesday after a tribunal approved the company’s demerger into five separate units. Anil Agarwal, founder of…