Mumbai, Aug 14 — Indian equity benchmarks ended modestly lower on Friday after oil prices gained following reports that the United States may continue the naval blockade at the Strait of Hormuz for an indefinite period, raising concerns about energy supplies and inflation.The Sensex fell 71 points,…
New Delhi, Aug 14 — The Finance Ministry on Friday issued an advisory for customers on the steps they need to follow for the redress of insurance policy-related grievances.The Insurance Regulatory and Development Authority of India (IRDAI) mandates a strict, time-bound process for resolving…
New Delhi, Aug 14 — Allegations that bribery and misuse of power surged during Bangladesh’s 18‑month interim government warrant an independent investigation to restore the rule of law and public trust, a new report has said.The report from Bangladesh-based Daily Sun said Transparency International…
New Delhi, Aug 14 — China’s relentless policy of driving exports and widening its trade surplus, by any means, has hit the manufacturing sector of advanced economies such as the United States and those in Europe, as well as developing countries in Africa, Asia, and Latin America, according to an…
Mumbai, Aug 14 — Alkem Laboratories on Friday reported a 21.7 per cent year-on-year (YoY) decline in consolidated net profit for the first quarter of current financial year (Q1 FY27).The drugmaker posted a net profit of Rs 520 crore in Q1 FY27, compared with Rs 664 crore in the corresponding…
New Delhi, Aug 14 — India's wholesale price inflation moderated marginally to 9.78 per cent in July from 9.87 per cent in June with economists and industry leaders attributing the easing to softer global energy prices while expecting inflationary pressures to gradually moderate.According to them,…
New Delhi, Aug 14 — Technology is helping make India's logistics ecosystem simpler, faster and more efficient, strengthening the competitiveness of domestic industry and supporting the country's manufacturing and export ambitions, Commerce and Industry Minister Piyush Goyal said on Friday as the…
New Delhi, Aug 14 — India’s banking sector could attract nearly $50 billion due to the Reserve Bank of India’s recent liquidity measures and regulatory changes, potentially strengthening capital buffers and liquidity, a report said on Friday.The report from consulting company Uniqus Consultech said…
New Delhi, Aug 14 — More than 68,000 students have been trained under the Chips to Startups (C2S) programme so far, to strengthen India’s semiconductor design ecosystem, according to the government.C2S Programme aims to generate 85,000 numbers of industry-ready manpower at B.Tech, M.Tech, and PhD…
New Delhi, Aug 14 — FutureSkills PRIME, the skilling platform run by the Ministry of Electronics & Information Technology has registered over 34 lakh candidates and certified over 13 lakh in emerging technologies, an official statement said on Friday.Currently, the FSP portal hosts more than…
New Delhi, Aug 14 — IPO-bound Shiprocket has disclosed multiple pending criminal and tax-related proceedings involving the company and its subsidiaries in its offer documents. Legal proceedings disclosed by the company could also attract investor attention. Shiprocket is involved in four criminal…
New Delhi, Aug 14 — The plan for an India-Middle East-Europe Economic Corridor (IMEC), presented at the G20 summit in New Delhi in 2023, is widely seen as the democratic world’s answer to China’s Belt and Road Initiative, according to an article published by Jewish Telegraphic Agency.Envisioned as…
New Delhi, Aug 14 — Svatantra Microfin Ltd -- promoted by Ananya Birla and Antimatter Media Pvt Ltd -- has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise up to Rs 3,000 crore through an initial public offering but the draft red herring prospectus (DRHP)…
New Delhi, Aug 14 — Business sentiment in India showed optimism on the back of improving profitability and stronger domestic demand in the third quarter of 2026, a report said on Friday.The report from Dun & Bradstreet said its Business Optimism Index (BOI) stood at 111.8 for Q3 2026, easing a…
New Delhi, Aug 14 — The Centre’s Software Technology Park (STP) scheme, which has accelerated the expansion of India’s IT sector, has emerged as a major foreign exchange earner for the country with annual exports surpassing Rs 7.73 crore in financial year 2025-26, according to information tabled in…
New Delhi, Aug 14 — As many as 100 beneficiaries of the PM Vishwakarma scheme from the Delhi-NCR region have been invited as special guests to witness the 80th Independence Day celebrations at the Red Fort here, an official statement said on Friday.According to the Ministry of Micro, Small and…
Mumbai, Aug 14 — Maharashtra Chief Minister Devendra Fadnavis on Friday strongly refuted claims that the closure of 36,211 registered companies in the state over the past five years reflected an industrial slowdown or large-scale corporate migration, asserting that the majority of those entities…
New Delhi, Aug 14 — Indian states aim to create nearly 1.18 million jobs and establish roughly 1,380 new Global Capability Centres (GCCs) by 2031, driven largely by dedicated state GCC policies, a report said on Friday.The report from CBRE South Asia said GCCs have leased over 123 million sq. ft.…
New Delhi, Aug 14 — India’s Wholesale Price Index (WPI) inflation, with base year 2022-23, stood at 9.78 per cent year-on-year in July compared to 9.87 per cent in June, according to provisional data released by the government on Friday.The index for all commodities for July stood at 110.0, whereas…
New Delhi, Aug 14 — Air India’s Airbus A320neo operating a Phuket-New Delhi flight temporarily lost control of major flight surfaces for about four seconds after failures involving all three hydraulic systems, according to a report.According to analysis by Airbus of the aircraft’s flight data…
Ahmedabad, Aug 14 — Gujarat’s next phase of industrial growth will depend on improving export competitiveness, scaling up MSMEs, developing future-ready skills and attracting investment in advanced manufacturing, according to CII Western Region chairman Vir S Advani, who said the industry body is…