Mumbai, April 15 (IANS): Bank credit in India is expected to grow by 12-13 per cent in the current financial year, rising 100-200 basis points (bps) compared to the 11.0-11.5 per cent estimated for the previous
New Delhi, April 15 (IANS): Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan Stanley report sa
New Delhi, April 15 (IANS): India’s auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by
New Delhi, April 14 (IANS) International gold prices could surge to $4,500 per ounce amid rising trade tensions, up nearly 38 per cent from the current level of $3,247 per ounce, according to a report by Goldma
Mumbai, April 14 (IANS) Despite recent global market uncertainties, the Nifty index is likely to touch 25,521 in the next 12 months, according to report released on Monday.In the short term, sectors focused on
New Delhi, April 13 (IANS): Gold prices jumped over 6.5 per cent this week, reaching a record high of $3,237 per troy ounce.This marks the metal's strongest weekly performance since the early days of the Covid-
New Delhi, April 13 (IANS): Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 20
New Delhi, April 12 (IANS) Digital payments via Unified Payments Interface (UPI) service suffered a nationwide outage on Saturday which affected millions of users.Digital services on several online payment plat
Mumbai, April 11 (IANS) The Reserve Bank of India (RBI) on Friday announced that it will conduct an Open Market Operation (OMO) purchase of government bonds worth Rs 40,000 crore on April 17.The move aims to ma
New Delhi, April 11 (IANS) India is fast becoming a central hub for global technology development, leading experts said here on Friday.Speaking to IANS on the sidelines of the 'Global Technology Summit' here, t
New Delhi, April 11 (IANS): Smartphones have now become India’s single largest export commodity, crossing an all-time high of Rs 2,00,000 crore in FY25 which is a staggering 55 per cent annual growth, the Ind
New Delhi, April 11 (IANS): Tech giant Google has reportedly sacked hundreds of employees from its platforms and devices division -- the team responsible for Android software, Pixel phones, and the Chrome brows
New Delhi, April 11 (IANS): Global brokerage Jefferies has issued an 'overweight' call on India, saying that the country is set to outperform other emerging markets (EMs) amid rising global uncertainties.In its
New Delhi, April 11 (IANS) There are several opportunities for investment and business collaboration between Austria and India, especially in sectors such as e-mobility, semiconductors and fintech, Union Financ
Mumbai, April 10 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Thursday reported a 1.68 per cent fall in its consolidated net profit at Rs 12,293 crore for the March quarter
Mumbai, April 10 (IANS): The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India’s (RBI) policy rate cut to its customers.The public sector lender sai
New Delhi, April 10 (IANS): The overall airport passenger traffic in India is projected to witness healthy annual growth of around 7-9 per cent in FY26, to reach a new high of 440-450 million, a report showed o
Mumbai, April 10 (IANS): Jaguar Land Rover (JLR) India on Thursday reported its highest-ever retail sales in a financial year with 6,183 units sold in FY25 -- a strong 40 per cent growth compared to FY24.The au
New Delhi, April 10 (IANS) Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations
New Delhi, April 9 (IANS): Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public sector banks -- Bank of India and UCO Bank on Wednesday reduced their le