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Cabinet approves rare earth permanent magnet scheme; Rs 9,857.85 crore Pune metro expansion gets cabinet nod

The Union Cabinet approved a Rs 7,280 crore rare earth permanent magnet scheme, two railway multi-tracking projects, and expansion of the Pune metro. Announcing the…

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India-Russia annual summit could boost mutual recognition of national card systems

India-Russia cross-border payment system that would smoothen travel of individuals and businesses from both sides in each other’s country can get a boost at next…

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Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners
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Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners

Petcare startup Supertails is in talks to raise $15-20 million in a round led by Singapore-based consumer focussed investment firm Venturi Partners, people familiar with…

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MapmyIndia Mappls, Zoho partner for location intelligence
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MapmyIndia Mappls, Zoho partner for location intelligence

Digital mapping and geospatial technology company MapmyIndia Mappls on Wednesday announced a partnership with technology firm Zoho to integrate its mapping intelligence tools within Zoho…

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Cabinet clears Rs 7,280 cr rare earth magnet manufacturing scheme

The Union Cabinet on Wednesday cleared a Rs 7,280-crore incentive scheme aimed at boosting domestic manufacturing of rare earth magnets. The proposal, designed with a…

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India must aim to become world’s manufacturing hub, industry leaders say

India must aim to become the world’s manufacturing hub, industry leaders said at the 21st CII Manufacturing Summit 2025, stressing the need for competitiveness, sustainability,…

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CBDT chairman said that some of the income tax refund claims were identified as "high-value" or were "red-flagged" by the system due to claims of certain deductions. (Pixaby/Representational image)
Posted in Business

What’s causing the delay? CBDT chairman shares update| Business News

The Central Board of Direct Taxes (CBDT) chairman on Monday shared an important update regarding the delays in income tax refunds for the financial year…

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No systematic bias in inflation forecasts; RBI mulling monthly BoP data release: Poonam Gupta

Mumbai: RBI Deputy Governor Poonam Gupta on Wednesday said there is no “systematic bias” in the central bank’s inflation forecasting. In comments that come amid…

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DII inflows via mutual fund SIPs exceeding  ₹20,000 crore a month have become a stabilising force, cushioning the market during FII outflows. (HT)
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What lies ahead for mutual fund investors| Business News

India’s equity markets are entering a structurally stronger phase one defined less by liquidity and more by earnings recovery, corporate resilience, and steady domestic participation….

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SBI Ventures is an alternative asset manager promoted by the State Bank of India. (Bloomberg)
Posted in Business

SBI Ventures plans ₹2,000 crore climate-focused fund in Q4 FY26| Business News

SBI Ventures, an alternative asset manager promoted by State Bank of India, intends to raise ₹2,000 crore for its third climate-focused fund to invest in…

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