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RBI says 98.42 pc of withdrawn Rs 2,000 banknotes returned

Mumbai, The Reserve Bank of India (RBI) on Monday said 98.42 per cent of the Rs 2,000 banknotes in circulation have been returned.The RBI had…

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Centre planning underground rail tracks along 40-km corridor connecting Northeast, rest of India: Ashwini Vaishnaw

Guwahati, Union minister Ashwini Vaishnaw on Monday said plans are afoot to lay underground railway tracks along a 40-km strategic corridor in West Bengal, connecting…

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Bengal allocated Rs 14,205 crore for rail infra, safety projects in 2026-27 budget: Official

Kolkata, West Bengal has been allocated Rs 14,205 crore for railway infrastructure and safety projects in the Union Budget for 2026-27, an official said here…

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Ather Energy co-founders Tarun Mehta (left) and Swapnil Jain. (Tushar Deep Singh/HT)
Posted in Business

Revenue jumps 50%, net loss narrows in march towards profitability| Business News

Ather Energy Ltd. is on the cusp of operational profitability, even as net loss narrows meaningfully for what is perhaps the fastest growing electric two-wheeler…

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Government allocates Rs 67,300 cr for Jal Jeevan Mission in Budget for next fiscal

New Delhi: Union Jal Shakti Minister CR Patil on Monday said the central government has allocated Rs 67,300 crore for Jal Jeevan Mission in the…

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The NSE IPO is likely to be a pure offer-for-sale, wherein existing shareholders are likely to offer 4%-4.5% of the equity. (Reuters)
Posted in Business

SBI, LIC emerge as key sellers in $2.5-billion NSE IPO, DRHP likely in 3 months| Business News

State Bank of India and Life Insurance Corporation of India Ltd. are likely to be key sellers in the potential $2.5-billion initial public offering of…

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SEZ sale relaxation in Budget FY27 to help promote import substitution, job creation: Commerce Secretary Rajesh Agrawal

New Delhi: The Budget’s proposed conditional relaxation to allow special economic zone (SEZ) units to sell goods in the domestic market will help promote import…

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While noting the overall fiscal discipline, Uday Kotak highlighted the welcome increase in defence spending. (@udaykotak/X)
Posted in Business

Billionaire banker Uday Kotak hails Nirmala Sitharaman’s Budget 2026: ‘Budget for the real economy’

India’s budget for 2026-27, presented by Union Finance Minister Nirmala Sitharaman on Sunday, drew attention from business leaders across the country. Uday Kotak, founder of…

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The waiting period for Maruti Suzuki's mass-market cars, like the Wagon R, has stretched to beyond a month. (Reuters)
Posted in Business

Maruti Suzuki weighs a price hike even as demand for its cars outstrips supply| Business News

Maruti Suzuki India Ltd. is weighing a price hike to offset higher commodity costs, even as demand for its cars outstrips supply. The waiting period…

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Budget 2026 pivots from job counts to employability, services-led growth

New Delhi: Signalling a shift in the government’s employment strategy, Union Budget 2026 has moved away from announcing headline job creation numbers and instead focused…

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