india

New Delhi, March 31 The state-owned Central Bank of India announced on Tuesday that it has received a demand notice of ₹296.08 crore from the Income Tax Department for a shortfall in tax payments for the fiscal year 2025."The bank has received an assessment order under Section 143(3) read with...

New Delhi, March 31: Road users across India will no longer be able to pay toll fees in cash from April 1 as the National Highways Authority of India (NHAI) switches to a fully digital payment system.As a major step towards modernizing highway travel, NHAI will implement a complete ban on cash...

New Delhi, March 31: In a significant boost to India's push for self-reliance in defense manufacturing, the Ministry of Defence signed a major capital acquisition contract with Bharat Electronics Limited on Tuesday for the procurement of two advanced Mountain Radars for the Indian Air Force...

New Delhi, March 31 Zetwerk Manufacturing has filed preliminary documents with the market regulator, Sebi, through a confidential channel for an initial public offering (IPO) to raise between ₹4,000 crore and ₹5,000 crore.The proposed offering is expected to include a fresh issuance of equity...

New Delhi, March 31: The government stated on Tuesday that a target of 4.15 crore houses had been allocated under Phases I and II of the Pradhan Mantri Awaas Yojana–Gramin, with 3.90 crore houses sanctioned and 2.99 crore completed.A cumulative fund transfer of Rs 4,03,886 crore has been made...

New Delhi, March 31 – India’s alternative investment industry is poised for significant expansion, with total assets under management (AUM) expected to reach around $276 billion by 2030, up from $152 billion in December 2025, according to a new report released on Tuesday.The CareEdge Ratings...

New Delhi, March 31 Texmaco Rail & Engineering Ltd announced on Tuesday that it had secured a contract worth over ₹421 crore from JSW Group companies for the supply of freight wagon rakes.The order also reflects the growing participation of private players in rail logistics, driven by Indian...

New Delhi, March 31: India's demand for mobile data continues to grow rapidly, with the average monthly consumption per user exceeding 31 GB in 2025 – representing a compound annual growth rate of 18 per cent over the past five years, according to a new report released on Tuesday.The latest...

Finolex Cables Stock Plummets Despite Strong Financial Performance Mumbai, March 31 – Shares of Finolex Cables Limited have experienced a significant decline in value, falling by 15.14 per cent over the last month, despite reporting one of its strongest financial performances in recent times...

New Delhi, March 31 The government has cancelled the auction of 11 critical and strategic mineral blocks which were put up for sale in the sixth round due to poor investor response and a lack of qualified bidders.This development comes as a setback to the government's efforts to increase...

New Delhi, March 31 – AI, cybersecurity, digital, and data skills emerged as India’s most critical capabilities for students, employees, recruiters, CXOs, and academia over the next three to five years, according to a report released on Tuesday.Mid-career professionals with 6–15 years of...

New Delhi, March 31 – Major tech giant Google on Tuesday opened applications for the 2026 cohort of its "startups accelerator" in India, a three-month, equity-free program aimed at supporting AI-focused startups in the country.The accelerator is targeting Indian startups working in emerging...

New Delhi, March 31 India's real GDP growth for the next fiscal could decline by around 1 percentage point, while retail inflation could rise by about 1.5 percentage points from their baseline estimates if the Middle East conflict persists through the next fiscal, an EY report said.The EY...

New Delhi, March 31 – India’s Gram Panchayats have made cumulative payments of over ₹3 lakh crore through the eGramSwaraj platform. The AI-powered 'SabhaSaar' meeting tool is now available in 23 Indian languages, the government said on Tuesday.Payments through eGramSwaraj are made directly to...

New Delhi, March 31 The new income tax law and other budgetary provisions, including a higher Securities Transaction Tax (STT) on F&O trading and a lower TCS on overseas tour packages and LRS remittances for medical and educational purposes, will come into effect from April 1.Also, the Budget...

New Delhi, March 31 Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall's (India) Ltd (KWIL), resulting in a change in the promoter classification."On March 30, 2026, the Incoming Promoter acquired the Sale Shares from the Outgoing...

New Delhi, March 31 – The government announced on Tuesday that it had released over ₹1,500 crore as grants from the 15th Finance Commission to strengthen local governance in rural areas in six states.The Centre had sanctioned and released both tied and untied grants during the fiscal year...

New Delhi, March 30 The Reserve Bank should use foreign exchange reserves to stabilize the rupee, which has been affected by the ongoing crisis in the Middle East, according to a research report by SBI on Monday.The rupee breached the 95/USD mark on Monday and closed 7 paise higher at 94.78...

New Delhi, March 30 The government has appointed Aparna Sinha as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI), according to an official notification.Sinha, who is currently serving as an Adviser (FSRL) in the Department of Economic Affairs, Ministry of Finance...

Mumbai, March 30 The rupee breached the 95/USD mark on Monday before regaining some ground to settle at 94.70 against the US dollar, up 15 paise, after the escalation of the Iran war jolted global markets, fueling rupee volatility and risk-off sentiment.Forex traders said the USD/INR pair...