New Delhi : India is poised to retain its position as the world’s fastest-growing major economy in the financial year 2025–26, according to the Reserve Bank of India’s (RBI) annual report released on Friday. The central bank highlighted several positive economic indicators that underpin this optimistic projection, including robust private consumption, a stable financial ecosystem,…
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30 MAY: LIC of India, the leading Public sector Insurer, has been awarded the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI) reaffirming that the Insurer’s Operational Resilience, Business Continuity Planning and Risk Management capabilities are consistent with global best practices. The ISO 22301:2019 BCMS accreditation recognises the Insurer’s…
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New Delhi : In a major crackdown on market manipulation using social media, the Securities and Exchange Board of India (Sebi) has barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other individuals and entities from accessing the securities markets for a period ranging from one to five years. The action stems from…
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New Delhi : Indian equity benchmarks opened on a cautious note on Friday, May 30, 2025, amid mixed global cues and a continuation of the ongoing consolidation phase in domestic markets. The BSE Sensex fell 167.33 points at the opening bell to trade at 81,465.69, while the NSE Nifty shed 15 points to start at…
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New Delhi , May 30, 2025 : Apple’s strategy to diversify its manufacturing base continues to bear fruit as the company’s iPhone exports from India to the United States saw a dramatic 76% year-on-year increase in April 2025. According to data from market research firm Omdia, Apple’s vendors shipped 2.9 million iPhones to the US…
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RAJASTHAN, 28 MAY: Oil India Limited, the Maharatna CPSE of Govt of India, in its commitment towards energy transition and diversifying the business portfolio have successfully bagged a critical and strategic mineral block under the 5th tranche of auction conducted by the Ministry of Mines, Govt. of India. Oil India Limited (OIL) has been declared…
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New Delhi : Hero FinCorp, the non-banking financial arm of two-wheeler giant Hero MotoCorp, has received the much-anticipated green light from the Securities and Exchange Board of India (SEBI) to proceed with its ₹3,668 crore Initial Public Offering (IPO). This approval, disclosed in SEBI’s update on Wednesday, signals a major milestone in Hero FinCorp’s strategic…
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New Delhi : A day after a volatile trading session, Indian benchmark indices Sensex and Nifty opened on a muted note on Wednesday, despite positive cues from the U.S. market and a weakening U.S. dollar. The cautious start suggests that traders are treading carefully, awaiting fresh domestic and global triggers for directional clarity. At the…
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May 28, 2025 : In a significant relief for taxpayers across the country, the Income Tax Department has officially extended the deadline for filing Income Tax Returns (ITR) for the financial year 2024–25 to September 30, 2025. The extension, announced by the Central Board of Direct Taxes (CBDT), comes amid ongoing updates to the new…
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New Delhi : India witnessed a robust 14 per cent surge in foreign direct investment (FDI) inflows during the financial year 2024–25, receiving a total of $81.04 billion, up from $71.28 billion in 2023–24. This strong growth underscores global investor confidence in India’s economic resilience and policy reforms, according to a statement issued by the…
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