india

New Delhi, April 9 – German luxury carmaker Mercedes-Benz India reported its highest-ever annual sales on Thursday, selling 19,363 units in FY25-26, up 2.29 per cent from 18,928 units in the previous fiscal, driven by strong demand for its premium and core luxury segments.The company also...

New Delhi, April 9 German luxury carmaker Mercedes-Benz reported a 7 per cent increase in total sales at 5,131 units in the first quarter of 2026, compared to 4,775 units sold in the same period last year.In 2025-26, the company's Indian arm, Mercedes-Benz India, posted its best-ever fiscal...

New Delhi, April 9. Ferrous companies are likely to post strong fourth quarter (Q4) results as prices of hot-rolled coil and rebar rose sharply, driving up revenues and offsetting higher coking coal costs, a report said on Thursday.The report from Emkay Global Financial Services said that...

New Delhi, April 9 – Union Petroleum and Natural Gas Minister Hardeep Singh Puri is scheduled to visit Qatar between April 9 and April 10 to discuss liquefied natural gas (LNG) supplies amid disruptions caused by the ongoing Iran conflict, the ministry said on Thursday.In a post on X, the...

Mumbai, April 9 The rupee depreciated by 17 paise to 92.71 against the US dollar in early trading on Thursday as the fragile ceasefire and Iran's threat to withdraw from talks if Israel continued bombing Lebanon kept investors wary.Forex traders said that the market is in a wait-and-see mode...

New Delhi, April 8 Commerce and Industry Minister Piyush Goyal on Wednesday urged exporters and businesses in India and the US to make greater use of the India-US trade facilitation portal to boost bilateral trade.He also said that bilateral trade is growing towards USD 500 billion, an...

New Delhi, April 8 Jewellery and watch maker Titan Co Ltd has registered a 46 per cent growth in its revenue during the March quarter of FY26, driven by soaring gold prices, according to the company's latest quarterly update.This is the second consecutive quarter in which the Tata...

Mumbai, April 8 Securitization deals grew by 9 per cent to a record high of ₹2.55 lakh crore in 2025-26, a report said on Wednesday.The January-March quarter alone witnessed a 20 per cent year-on-year increase in activity, taking overall transactions to ₹65,000 crore, according to a report by...

New Delhi, April 8 The total amount raised by Indian technology startups declined by 18 per cent to USD 11.7 billion in 2025-26, market intelligence firm Tracxn said on Wednesday.The technology startups had raised USD 14.3 billion in the financial year 2025."Indian startups raised USD 11.7...

New Delhi, April 8: Activity in India’s private equity market improved in Q1 2026, with total equity investments reaching $3.83 billion, a 0.9 per cent sequential increase and a 66.4 per cent year-on-year surge, according to a report released on Wednesday.The report from the London Stock...

New Delhi, April 8 The government on Wednesday approved a 12 per cent increase in subsidies for phosphate and potash (P&K) fertilizers for the Kharif 2026 season to ₹41,534 crore, in order to protect farmers from rising global prices amid the conflict in West Asia.The subsidy for P&K...

New Delhi, April 8 PPFAS Asset Management announced on Wednesday that it has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to act as a sponsor for a pension fund under the National Pension System (NPS).In a statement, the company said it will soon begin...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...

New Delhi, April 8 – The Gujarat International Finance Tec-City (GIFT City) announced on Wednesday that its fund management ecosystem has grown significantly over the past five years, with capital commitments surging 60-fold from less than $0.5 billion in March 2020 to $32.13 billion as of...

Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...

New Delhi, April 8 NOCIL Ltd announced on Wednesday that it has commissioned a new manufacturing facility for Pilnox TDQ/TMQ rubber anti-degradants in Dahej, Gujarat, as part of a ₹250 crore investment program to expand its portfolio of rubber chemicals.The plant, located within the Dahej...

New Delhi, April 8 ClayCo announced on Wednesday that it has raised ₹34.59 crore through its Series A funding round.The startup will use the funds to accelerate product development, expand into new categories, and strengthen its working capital, ClayCo said in a statement.The funding round...

New Delhi, April 8 Kanodia Group's real estate firm, KREEVA, will invest around Rs 400 crore to develop a housing project in Gurugram as part of its expansion plan.In a statement, the company said it has entered into a joint development agreement with a landowner to build this 3-acre project...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

Bhubaneswar, April 8 – Karan Adani, Managing Director of Adani Ports and Special Economic Zone (APSEZ), announced on Wednesday that the company will invest ₹33,081 crore in Odisha across three projects – a data centre in Bhubaneswar and a thermal power plant and a cement manufacturing unit near...