New Delhi, Aug 11 — India faces an annual renewable energy financing gap of nearly $35 billion as the country progresses towards its 500 GW non‑fossil fuel capacity target by 2030, a report said on Tuesday.The report from Knight Frank India mentioned Infrastructure Investment Trusts (InvITs) as an…
New Delhi, Aug 11 — Global ratings agency Fitch on Tuesday affirmed India's long-term issuer default ratings (IDRs) at 'BBB-' with a stable outlook, and its short-term IDRs at 'F3', reflecting the country’s robust growth outlook and solid external finance fundamentals.Fitch Ratings said in a note…
Mumbai, Aug 11 — Zydus Lifesciences on Tuesday reported a 36 per cent year-on-year (YoY) decline in its consolidated net profit for the first quarter of the current financial year (Q1 FY27).The Ahmedabad-based drugmaker said its net profit fell 35.9 per cent year-on-year to Rs 940 crore in the June…
New Delhi, Aug 11 — Sixty per cent of CEOs and CFOs in India said the rise of artificial intelligence has made it impossible to predict how much office space they will need in two years, prompting a shift to flexible, capital‑light workspace models, a report said on Tuesday.The report from…
New Delhi, Aug 11 — Investors who remained fully invested in Indian equities from April 2005 to July 2026 recorded higher compounded annual growth rates (CAGR) than those who missed a handful of the market’s best days, a report said on Tuesday. The report from Abakkus Mutual Fund said that staying…
New Delhi, Aug 11 — Despite the geopolitical tensions and slowing real estate demand across India’s top cities, South Delhi outperformed in the April–June quarter of 2026, with average prices of luxury independent floors rising 6 to 21 per cent year‑on‑year (YoY), a report said on Tuesday.The…
New Delhi, Aug 11 — China’s weak domestic demand and excess industrial capacity forces the country’s government to subsidised exports in order to spur economic growth, but this is causing problems in the world economy as cheap Chinese goods are being dumped in other countries where the local…
Mumbai, Aug 11 — Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday said artificial intelligence (AI) has the potential to transform credit delivery, improve customer service and accelerate financial inclusion in India, urging banks to adopt the technology responsibly and shape their…
New Delhi, Aug 11 — India ranked first globally in ship recycling in 2025, as the country’s share of global ship recycling increased from 30.1 per cent in 2024 to 35.4 per cent in 2025, marking a significant milestone in the country’s maritime and industrial development, an official factsheet said…
New Delhi, Aug 11 — Agriculture Minister Shivraj Singh Chouhan has released scholarship and fellowship funds for agriculture students from across the country through the National Scholarship Portal. Under this initiative, a total amount of Rs 21.35 crore was released directly through Direct Benefit…
New Delhi, Aug 11 — Systematic Investment Plan (SIP) contributions into mutual funds rose 12.28 per cent year-on-year to Rs 31,961 crore in July from Rs 28,464 crore a year ago, signalling continued retail investor participation in financial markets, as per Association of Mutual Funds in India…
New Delhi, Aug 11 — In a move aimed at unlocking the economic potential of India's Geographical Indication (GI) products, the Ministry of Micro, Small and Medium Enterprises (MSME) and the Department for Promotion of Industry and Internal Trade (DPIIT) have signed a Memorandum of Understanding…
New Delhi, Aug 11 — India is leading the Global South in promoting cooperation for the sustainable use of renewable resources which are gaining further importance in the backdrop of the Middle East crisis that has led to disruptions in energy supplies, according to an article in The Manila…
New Delhi, Aug 11 — Mutual fund schemes in India recorded a net inflow of Rs 2.35 lakh crore in July, while assets under management (AUM) rose to Rs 85.76 lakh crore, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.The strong inflows were led by…
Gandhinagar, Aug 11 — The Gujarat government has approved the establishment of four Centres of Excellence for natural farming in Navsari, Morbi, Bhavnagar and Chhota Udepur, with the state government allocating Rs 20 crore for the initiative in 2026-27.The centres, being established under the…
New Delhi, Aug 11 — The Food Safety and Standards Authority of India (FSSAI) has proposed quantitative thresholds to classify food products as high in added fat, added sugar or sodium to tighten norms governing foods sold to children in schools.In a draft notification published in the Gazette of…
New Delhi, Aug 11 — The Central government's proposed Container Manufacturing Assistance Scheme (CMAS) aims to promote domestic container production, reduce reliance on imported empty containers and create over 53,000 jobs, an official statement said on Tuesday.The scheme could lead to investments…
New Delhi, Aug 11 — EIH Ltd -- the Oberoi Group-backed hospitality firm -- has posted a nearly 52 per cent sequential decline in consolidated net profit to Rs 120.31 crore for the quarter ended June 30, 2026, from Rs 249.10 crore in the preceding quarter.The company's revenue from operations stood…
New Delhi, Aug 11 — The government has extended the PM E-DRIVE scheme by two years to March 31, 2028 with electric two-wheelers continuing to receive purchase incentives as part of efforts to accelerate EV adoption and strengthen domestic manufacturing.According to the Ministry of Heavy Industries,…
Ramanathapuram, Aug 11 — The impact of El Niño and the resulting rainfall deficit has taken a toll on the traditional palmyra-based industry in southern Tamil Nadu, with reduced production pushing palm jaggery prices to unusually high levels this season.The industry provides livelihoods to…
New Delhi, Aug 11 — IT services provider HCLTech has said its initial investigation found no evidence of a breach of the company’s systems or any impact on client engagements following claims by a hacker group regarding the potential exposure of employee-related data.In a stock exchange filing,…