The week in charts: high fiscal deficit, industrial production growth, weak monsoon

From India’s fiscal deficit crossing 9% of the the FY27 budgeted target within the first two months, to the Index of Industrial Production (IIP) posting strong growth on the back…

Is it a bank holiday today? Check RBI calendar to know if SBI, HDFC, ICICI, others are open or closed on 4 July

Private and public sector banks in India will remain open today, 4 July, according to the Reserve Bank of India’s holiday calendar. Customers planning to visit branches of SBI, HDFC,…

Why is Bank of Baroda paying $600 million to settle a case?

Bank of Baroda (BoB) has agreed to pay $600 million, or about ₹5,700 crore, to settle a years-long legal battle with the joint administrators of collapsed UAE healthcare company NMC…

Weak monsoon may cut paddy acreage, raising concerns over rice output, inflation

New Delhi: The area under paddy cultivation could shrink in the ongoing kharif season, as below-normal monsoon rainfall and the return of weigh on sowing, according to four people familiar…

India, France discuss expanding cooperation in critical minerals, rapid rail

India and France on Friday discussed expanding cooperation across critical minerals, economic security, cross-investments, high-speed rail, and financial sector linkages, as the two nations seek to deepen strategic and economic…

KPIT Tech shares plunge 25% in five days to nearly four-year low after weak revenue outlook. Is the worst over?

Shares of witnessed one of their worst sell-offs this week after investor sentiment was dented by the company’s weak June-quarter business outlook, making it one of the biggest losers even…

Goyal eyes $1 trillion exports in FY27 as June-quarter growth hits 15%

Commerce and industry minister Piyush Goyal on Friday said India’s exports grew 15% year-on-year in the first quarter of fiscal year 2027 (FY27), expressing confidence that the country would cross…

‘Middle class is India’s engine of growth’: Nirmala Sitharaman on how reforms drive consumption

Union Finance Minister Nirmala Sitharaman on Friday described India’s expanding middle class as the country’s “engine of growth”, saying that rising consumption, backed by financial inclusion, digital infrastructure, tax reforms…

You can now add, update email to Aadhaar for free: Check how, last date and other details

The Ministry of Electronics & IT (MeitY) in an official statement released today said that the Unique Identification Authority of India (UIDAI) has enable online updating of email ID details…

Gold, silver prices today: Comex gold and silver extend rally as weak US jobs data cools Fed rate hike fears

Gold and silver prices extended their recovery rally on Friday, 3 July, as fears of an imminent interest rate hike by the US Federal Reserve eased following a softer-than-expected US…