HDFC Bank has imposed a ₹1 lakh penalty on its CEO, CFO, and retail head following an internal review of a deposit case. Meanwhile, the Sensex climbed 776 points today as crude oil prices fell by over 5%, easing concerns about domestic i...
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Uttar Pradesh aims to capture 10% of all new Global Capability Centres opening in India, backed by a newly formed high-level advisory board. The state plans to expand its tech footprint beyond Noida to cities like Lucknow and Varanasi to...
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The Federation of Indian Export Organisations (FIEO) has advised exporters to strengthen labor documentation as the U.S. intensifies supply chain audits under Section 301. Increased scrutiny could lead to potential cost pressures or orde...
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RBI Deputy Governor Rohit Jain stated that bank balance sheets are insufficient to meet the long-term capital needs for India’s goal of becoming a developed economy by 2047. He highlighted the urgent need to deepen corporate bond and der...
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West Bengal Chief Minister Suvendu Adhikari has announced a plan to generate jobs and reopen 25 closed tea gardens in North Bengal. The initiative aims to encourage migrant workers to return home while boosting regional development throu...
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India’s power grid faces a massive jump in electricity demand as AI data centers are projected to require 26.3 gigawatts by 2032. This surge, nearly double previous estimates, raises concerns about grid stability and the need for strateg...
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Indian stock markets snapped a five-day losing streak on Monday as Brent crude prices tumbled to $89 per barrel. The Nifty rose near the 24,000 mark, while the rupee recorded its biggest gain in seven weeks after the RBI reassured invest...
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West Bengal is focusing on industrial expansion through major projects, including a ₹700-crore Amul dairy plant and the reopening of twelve tea gardens. These initiatives aim to create local jobs and encourage migrant workers to return,...
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Tamil Nadu has formed a Revenue Augmentation Committee chaired by economist Montek Singh Ahluwalia to boost state tax and non-tax income. The panel will suggest ways to improve tax compliance, monetize state assets, and optimize revenue...
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The Indian rupee appreciated by 61 paise to close at 95.92 against the U.S. dollar on July 27, supported by easing geopolitical tensions. Proactive policy actions by the Reserve Bank of India, including relaxed borrowing rules and better...
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The Indian rupee recorded its largest single-day gain in six weeks, closing at 95.89 against the US dollar. This recovery follows a 6.6% drop in global Brent crude oil prices, which reduces pressure on India's import bill. While foreign...
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Indian stock markets snapped a five-day losing streak on July 27 as domestic institutional investors purchased Rs 2,329 crore worth of shares. The rally was driven by positive quarterly earnings and a decline in crude oil prices, which h...
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Over one year after the 2025-26 Union Budget announcement, health insurance for gig workers under Ayushman Bharat remains unimplemented. Despite 10.65 lakh registrations on the e-Shram portal, the lack of a clear policy framework leaves...
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The number of individuals reporting annual incomes above Rs 100 crore rose to 576 in FY25, a 39% increase from the previous year. This data from the Finance Ministry highlights a rapid rise in high-income earners compared to 142 individu...
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Indian stock markets rebounded on Monday as crude oil prices fell sharply and geopolitical risks eased. The Nifty 50 climbed toward the 24,000 level, while the rupee strengthened significantly against the dollar. The recovery was broad-b...
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The ESIC's SPREE 2025 amnesty program concluded on January 31, 2026, enrolling 1.38 lakh new employers and 1.12 crore workers. This significant expansion of formal employment coverage marks a major step in the ongoing formalization of th...
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India’s economy is resilient against single shocks like high oil prices or weak monsoons, according to JPMorgan. However, Sajjid Chinoy warns that a simultaneous occurrence of these pressures poses a significant risk to macroeconomic sta...
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The Indian government has collected ₹26,639.33 crore in the current fiscal year through stake sales in seven public sector undertakings and asset monetisation. This progress contributes to the overall ₹80,000 crore target for miscellaneo...
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The Indian rupee maintains a stable range against the dollar as global crude oil prices moderate. Investors are looking toward the upcoming Reserve Bank of India (RBI) meeting for cues on interest rates and inflation management. A stable...
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India’s peak electricity demand is expected to hit 300 GW by 2027, driven by AI expansion, data centers, and industrial growth. To meet this rise, the government is focusing on grid modernization and massive investments in energy storage...
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