The rupee appreciated 81 paise to close at 94.93 (provisional) against the US dollar on Friday after the Reserve Bank announced measures to support foreign capital inflows and strengthen forex…
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India posts 7.7% GDP growth in FY26, lifted by strong March quarter
India’s economy grew 7.8% in the January–March quarter of FY26, decelerating from an upwardly revised 8% in the previous quarter, lifting full-year growth to 7.7%, official data released on Friday…
Blackstone, CPPIB-backed AirTrunk to invest over $30 bn in India’s data centres by 2030
Mumbai: AirTrunk, backed by Blackstone and Canada Pension Plan Investment Board (CPPIB), plans to invest more than $30 billion in India by 2030 to expand digital infrastructure capacity, positioning the…
ATMs are running out of cash. Should you be worried? Explained
Currency in circulation stood at a record ₹42.54 lakh crore as of 22 May, up nearly 12% from a year ago, according to Reserve Bank of India () data. Yet…
Repo rate unchanged: The next move for FD investors and home loan borrowers
RBI governor Sanjay Malhotra on Friday, 5 June, announced that the monetary policy committee (MPC) has decided to keep the unchanged at 5.25% and maintain the policy stance as “neutral”.…
Sensex ends 117 points lower after RBI policy meet outcome: 10 key highlights from Indian stock market today
The ended Friday’s volatile trading session marginally in the red as investors weighed the central bank’s latest inflation and growth projections against the measures announced to spur foreign capital flows…
Paras Healthcare IPO: Company files DRHP with SEBI to raise ₹1,800 crore via public issue
Paras Healthcare IPO: Paras Healthcare has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India () for an initial public offering (IPO) worth up…
Sensex, Nifty end lower as RBI holds rates; rupee logs biggest gain since April
Benchmark indices ended little lower on Friday after the Reserve Bank of India kept interest rates unchanged, while investors assessed the central bank’s outlook on inflation, growth and the rupee.…
Maruti Suzuki to invest ₹925 crore in green energy push by FY31
The country’s largest carmaker Maruti Suzuki India Ltd on Friday said it plans to invest Rs 925 crore by FY 2030-31 towards green energy initiatives, including two biogas projects. The…
NTPC invites bids for sub-critical thermal power to manage grid imbalances
In a significant development, state-run NTPC has floated bids for supply for electricity from thermal power plants with 150-250 megawatt (MW) capacity to balance the grid. “India’s rapid expansion of…