india

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    Q4 Results: Bank of Maharashtra Achieves 18% Business Increase

    New Delhi, April 6 Bank of Maharashtra (BoM) on Monday said it has registered a total credit growth of 22 per cent to Rs 2.92 lakh crore in the fourth quarter ended March 2026.The outstanding credit was Rs 2.40 lakh crore at the end of the January-March quarter of the previous fiscal, BoM said...
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    Growth Drivers: Indian Auto Industry Sees Strong FY26 Performance

    New Delhi, April 6 – The Indian auto retail industry achieved a record high of 2,96,71,064 units in FY26, with a broad-based growth of 13.30 per cent (year-on-year), according to data released by the Federation of Automobile Dealers Associations (FADA) on Monday. This saw five of the six vehicle...
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    India's Gold Imports Drive Trade Deficit Increase

    New Delhi, April 5 The country's gold imports rose by 28.73 per cent to USD 69 billion during April-February of the 2025-26 fiscal, due to the high prices of the precious metal, according to data from the Ministry of Commerce.Gold imports stood at USD 53.52 billion during April-February of the...
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    India Increases LPG Availability, Capping Demand

    New Delhi, April 5 Sales of small 5-kg LPG cylinders – available at LPG distribution centers upon showing valid ID proof – have been increased, with about 6.6 lakh cylinders sold since March 23 as the government ramps up supplies to meet demand.Unlike the subsidized 14.2-kg domestic cylinders...
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    Trade and Investment: Nepal Ambassador Highlights Opportunities

    Thane, April 5 Ambassador of Nepal to India, Dr. Shankar Prasad Sharma, emphasized the need to further strengthen trade, investment, and economic ties between the two neighboring countries on Sunday.Speaking at the Indo-Nepal Trade Programme and Trade Promotion Initiative organized in Thane...
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    India's Pharma Industry Sees Continued Growth Amid Global Challenges

    New Delhi, April 5: India's pharmaceutical exports reached over $28 billion by February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a senior government official has said.Speaking at the inaugural session of ‘Chintan Shivir...
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    Indian Vessels Continue Passage Through Conflict-Ridden Strait of Hormuz

    New Delhi, April 5 – An Indian-flagged vessel, the Green Asha, has safely crossed the Strait of Hormuz, marking the ninth Indian tanker to transit the crucial maritime corridor since the onset of the ongoing West Asia conflict.The development comes even as tensions remain high and security...
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    TV Industry Faces Rising Costs Amid Geopolitical Pressures

    New Delhi, April 5 The TV industry, which is already facing soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising costs of plastics for ocean freight due to ongoing geopolitical tensions in West Asia.Some manufacturers are also raising concerns about a...
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    Cybersecurity as a Risk Pillar Under New Data Protection Framework

    New Delhi, April 5 The rollout of the Digital Personal Data Protection framework will make organizations more accountable and, consequently, raise their compliance standards, according to a top official at 63SATS Cybertech.Neehar Pathare, Managing Director, CEO & CIO of 63SATS Cybertech...
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    Industry Seeks Fiscal & Monetary Relief from Government

    New Delhi, April 5 – The apex business chamber, CII, on Sunday sought further fiscal and monetary policy concessions from the government and the RBI to address the global uncertainty triggered by the West Asia conflict, even as it praised “the series of timely, well-calibrated, and coordinated...
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    Dairy Giant Amul Exceeds Rs 100 Crore Milestone

    New Delhi, April 5 The dairy giant Amul announced on Sunday that its total turnover rose by 11 percent in the last fiscal year, reaching the Rs 1 lakh crore milestone due to increased demand for dairy products.In a statement, the Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) said...
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    Biocon Chairwoman Criticizes NHAI Road Maintenance

    New Delhi, April 5 – Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited, raised concerns about the condition of NH44, a key IT corridor connecting the city to Hosur, on Sunday.In a post on social media platform X, she criticised the National Highways Authority of India (NHAI) for...
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    Quant Mutual Fund: India's Resilience in Global Volatility

    New Delhi, April 5 – India is increasingly emerging as a new stable core in a volatile global environment, even as geopolitical tensions and energy shocks continue to rattle financial markets, according to the latest monthly report by Quant Mutual Fund.The fund, led by Sandeep Tandon...
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    Infrastructure Finance: IIFCL Expands InvIT Portfolio

    New Delhi, April 5 State-owned India Infrastructure Finance Company Ltd (IIFCL) aims to double its investment in Infrastructure Investment Trusts (InvITs) to ₹6,000 crore during the current fiscal year as part of its investment diversification strategy.IIFCL currently has investments of ₹3,000...
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    RBI Policy, Geopolitical Tensions, and Oil Prices Set Stage for Volatile Week

    Mumbai, April 5 – Indian stock markets ended their sixth consecutive week in the red, with benchmark indices slipping by nearly 0.5 per cent amid heightened volatility triggered by a mix of global uncertainties and domestic concerns.Investors are now bracing for another eventful week, where...
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    IPO Pipeline Strengthens: 38 Companies File Draft Papers in March

    New Delhi, April 5 As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March 2026, signaling improving issuer sentiment even as regulatory timelines contributed to the surge.This marks a sharp jump from 22 filings in...
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    West Asia Crisis Fuels RBI's Cautious Monetary Policy

    New Delhi, April 5 – As the situation in the West Asia continues to evolve, the Reserve Bank of India (RBI) is likely to maintain the status quo at the upcoming monetary policy committee (MPC) meeting next week (April 6-8), according to a report by SBI Research, released on Sunday.As the first...
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    Loan Growth Outpaces Deposits in Q4 for IDBI, Kotak, and AU SFB

    New Delhi, April 4 IDBI Bank, controlled by LIC, reported a 16 per cent increase in loan growth to ₹2.53 lakh crore for the quarter ended March 2025 on Saturday.The bank's total advances stood at ₹2.18 lakh crore as of March 31, 2025, IDBI Bank said in a regulatory filing.The lender reported...
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    India's Competitiveness: FTA with EU Amid European Economic Shifts

    New Delhi, April 4: Europe's fragile economic outlook amid geopolitical tensions could have ripple effects on India's trade and sectoral competitiveness, with India potentially benefiting from a free trade agreement (FTA) with Europe, a new report has said.The report, from EY, noted that India...
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    Hormuz Disruption: India Actively Managing Fuel Supplies

    New Delhi, April 4 The government on Saturday urged citizens to avoid panic buying of petrol, diesel, and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz.The Ministry of Petroleum and Natural Gas said the government is taking...
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