india

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    IREDA Partners with SMBC for Renewable Energy Financing

    New Delhi, March 30 The state-run Indian Renewable Energy Development Agency (IREDA) announced on Monday that it has entered into a financing agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise External Commercial Borrowing (ECB) amounting to JPY 28 billion.This includes a...
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    ECMS Expands, Boosting Component Manufacturing & Domestic Value

    New Delhi, March 30 – Industry leaders on Monday welcomed the government’s strong focus on design capabilities and quality standards under the Electronics Component Manufacturing Scheme (ECMS), calling it crucial for scaling India's ambitions in the electronics sector.Participants at an event...
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    Five Companies Supply Green Ammonia to Fertilizers Amid Global Energy Concerns

    New Delhi, March 30 Five companies, including Acme Cleantec and NTPC Renewable Energy, signed a 10-year binding agreement on Monday to supply 6.7 lakh tonnes of green ammonia to fertilizer companies like IFFCO and Coromandel International.This development is significant amid the West Asia...
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    Akasa Air Takes Delivery of Six New Boeing 737 MAX Planes

    New Delhi, March 30 Akasa Air announced on Monday that it has taken delivery of six Boeing 737 MAX 8-200 aircraft in the first quarter of this year, bringing the airline's total fleet size to 37.The airline, which began operations in August 2022, has placed orders for 226 Boeing 737 MAX...
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    Gems & Jewelry Exports Get Relief: 30-Day Extension Amidst West Asia Situation

    New Delhi, March 30 The government on Monday provided an additional 30 days to the gems and jewelry sector to meet certain obligations, in order to help them cope with the ongoing crisis in West Asia.The region is a key export destination for the sector. West Asia accounts for approximately...
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    Manufacturing & Services Sales Rise in FY25

    Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...
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    Energy Cargo Vessels Delayed: India Ships in Strait of Hormuz

    New Delhi, March 30 As many as 19 ships carrying LPG, crude oil, and LNG destined for India are currently stranded in the Strait of Hormuz due to the escalating conflict in West Asia.At an inter-ministerial briefing on the fallout of developments in West Asia, Rajesh Kumar Sinha, Special...
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    RBI Boosts Banking Liquidity with ₹84,582 Crore Injection

    Mumbai, March 30 – The Reserve Bank of India (RBI) injected ₹84,582 crore into the banking system on Monday to enhance liquidity through two variable rate repo (VRR) auctions.According to an RBI statement, the central bank injected ₹50,001 crore through the first three-day VRR auction early in...
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    Nazara Technologies Plans ₹500 Crore Warrant Issue

    New Delhi, March 30 Gaming and sports media firm Nazara Technologies announced on Monday that its board has approved a proposal to raise ₹500 crore through a preferential issue of warrants.The funds raised through this instrument will primarily support strategic acquisitions, including the...
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    India's Aviation Growth Drives Need for Skilled Workforce

    New Delhi, March 30 – Union Minister Ashwini Vaishnaw suggested on Monday the establishment of a Centre of Excellence at Gati Shakti Vishwavidyalaya (GSV) to focus on high-precision manufacturing technologies needed in the aviation, railway, and marine sectors.He said such initiatives can make...
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    India's Fertilizer Supply: Government Assures Farmers of Adequate Stock

    New Delhi, March 30 Union Chemicals and Fertilizers Minister J P Nadda said on Monday that India has enough fertilizer stocks to meet domestic demand and urged farmers not to panic amid the ongoing crisis in West Asia."Not only this crisis, India has faced several challenges. We have...
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    Kolkata Deal: DLF Transfers IT-SEZ and Land to Srijan Group

    New Delhi, March 30 Real estate major DLF has finalized a deal to sell its IT-ITeS SEZ (special economic zone) project and nearly 18 acres of vacant land in Kolkata for Rs 710 crore to Srijan Group as part of its strategy to monetize commercial assets.The deal was announced in April last year...
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    Indian Rupee Logs Sharpest Annual Fall in 14 Years, Slides 9.88% Against US Dollar in FY26

    Indian Rupee Logs Sharpest Annual Fall in 14 Years, Slides 9.88% Against US Dollar in FY26 External Pressures and Capital Outflows Drive Currency Weakness Mumbai, March 30: The Indian rupee depreciated by 9.88 per cent against the US dollar in FY26, marking its steepest annual decline in 14...
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    India Achieves Near-Universal Banking Access with 99.92% Village Coverage

    India Achieves Near-Universal Banking Access with 99.92% Village Coverage Banking Outlets Reach Almost All Inhabited Villages New Delhi, March 30: Nearly 99.92 percent of inhabited villages across India now have access to a banking outlet within a five kilometre radius, the Parliament was...
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    RBI Imposes Fine Over Compliance Deficiencies at Airtel Payments Bank

    RBI Imposes Rs 31.80 Lakh Penalty on Airtel Payments Bank for Disclosure Lapses Action Taken After Supervisory Findings in FY25 Review Mumbai, March 30: The Reserve Bank of India on Monday imposed a monetary penalty of Rs 31.80 lakh on Airtel Payments Bank Limited for non-compliance with...
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    Govt Maintains Small Savings Interest Rates for Eighth Quarter

    Government Keeps Small Savings Interest Rates Unchanged for Eighth Straight Quarter PPF, NSC, and Other Schemes Retain Existing Rates for April–June FY27 New Delhi, March 30: The government on Monday decided to keep interest rates unchanged for various small savings schemes, including the Public...
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    Stock Market Crash Wipes Out Rs 18.60 Lakh Crore in Two Days as Sensex Slides Over 4%

    Stock Market Crash Wipes Out Rs 18.60 Lakh Crore in Two Days as Sensex Slides Over 4% Investor Wealth Erodes Amid Global Uncertainty and Oil Price Surge New Delhi, March 30 Equity investors saw a sharp erosion of wealth, losing Rs 18.60 lakh crore in just two trading sessions as domestic markets...
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    Gold and Silver Prices Rise Ahead of Wedding Season

    Gold and Silver Prices Rebound in Delhi Amid Wedding Season Demand Precious Metals Surge Up to 3 Percent on Fresh Buying New Delhi, March 30 Precious metal prices witnessed a strong rebound in the national capital on Monday, rising by around 3 percent as jewellers stepped up purchases ahead of...
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    Co-working Space Growth: IndiQube Adds Significant Bengaluru Lease

    IndiQube Leases 48,000 Sq Ft Bengaluru Workspace for Healthcare GCC, Deal Valued at ₹75 Crore IndiQube Expands Presence with Major GCC Leasing Agreement New Delhi, March 30: IndiQube Spaces Ltd has leased over 48,000 square feet of office space at its co-working centre in Bengaluru to a...
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    RBI Data: Overseas Assets Improve, Claims Decrease

    India’s Net External Liabilities Narrow to $260.5 Billion in Q3 FY26: RBI Data Overseas Asset Growth Outpaces Foreign Investment Inflows Mumbai, March 30: India’s net claims of non-residents declined to USD 260.5 billion as of end-December 2025, marking a reduction of USD 10.9 billion from the...
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