Delhivery stock falls 3.5% as Amazon launches global supply chain services
Delhivery shares were under pressure on Wednesday, falling as much as 3.5% in early trade a day after Amazon launched its supply chain services globally,…
Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation
MUMBAI: Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to…
Delhivery grants 1 lakh stock options to employees
In a filing with the stock exchanges, new-age logistics company Delhivery said it has granted 1,00,360 stock options to eligible employees under its Employee Stock…
OnEMI Technology Solutions IPO Day 3: GMP slips under 1%; overall subscription at 60%. Key details
The Rs 926 crore IPO of OnEMI Technology Solutions has moved into its third day of bidding. The grey market premium (GMP) has softened below…
Pharma exports surpass $31 billion in FY26 despite global headwinds
New Delhi: India’s pharmaceutical exports crossed $31 billion in FY26, despite a 23% year-on-year decline in March with official data showing that the industry is…
BJP gains in Bengal may accelerate reforms push amid economic headwinds
New Delhi: The BJP’s latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government’s reforms push as…
RBI flags false loan waiver claims by some, warns of legal action
MUMBAI: The Reserve Bank of India (RBI) Monday raised fresh concerns over unauthorised campaigns falsely promising loan waivers, warning that these pose seious risks not…
Direct tax mop-up misses FY26 target; Collections rise 5%
New Delhi: India’s net direct tax collections recorded a moderate uptick in FY26 though the mop-up fell short of the revised estimates by ₹81,000 crore,…
PMI rises to 54.7; Inflation pressures mount
New Delhi: India’s manufacturing sector activity picked up modestly in April, driven by improvements in new business orders and production, a private survey released on…
India to testify at USTR overcapacity probe on May 8
New Delhi: Indian trade officials and industry representatives will testify on May 8 to push back against the US’ claims of structural excess capacity and…