Titan Company to Acquire 67% Stake in Dubai-Based Damas for $283 Million

New Delhi: Titan Company announced on Monday that it will acquire a 67% stake in Dubai-based luxury jewellery retailer Damas for an enterprise value of AED 1,038 million (over $283 million), as part of its strategy to expand across the Gulf Cooperation…

Gold Gains Over Rs 700 This Week, Silver Surges Past Rs 1.12 Lakh Mark

New Delhi: Gold and silver prices posted strong gains this week as global uncertainties drove investors toward safe-haven assets.

Gold prices rose by over ?700 per 10 grams, while silver surged more than ?5,100 per kilogram.

According…

India’s Agri-Exports Rise in Q1 FY26, Driven by Strong Rice Shipments

New Delhi: India’s agricultural and processed food exports saw a robust start in FY26, growing by 7% year-on-year to reach $5.96 billion in the April–June quarter (Q1), according to official data.

Rice remained the cornerstone of India’s agricultural…

Tata Power Signs 120 MWh Battery Energy Storage Deal with NHPC for Kerala

Mumbai – Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has signed its first-ever Battery Energy Storage Purchase Agreement (BESPA) with government-owned energy major NHPC Limited.

The agreement,…

India’s Net Annual Office Leasing to Hit Record 50 MSF by FY27: Crisil Report

Mumbai – India’s net leasing of Grade A commercial office space is projected to surpass 50 million square feet (MSF) in the financial year 2026-27, marking an all-time high, according to a report released by Crisil Ratings on Thursday.

Driven…

SBI Board Approves Plan to Raise Rs 20,000 Crore via Bonds in FY26

New Delhi – The board of directors of the State Bank of India (SBI) has approved a proposal to raise ?20,000 crore through bonds during the current financial year (FY26), aimed at strengthening the capital base of India’s largest public sector lender.

India’s Q1 Passenger Vehicle Sales Cross One Million for Second Consecutive Year

New Delhi: India’s passenger vehicle sales crossed the one million mark in the first quarter (April–June) of the 2025–26 financial year for the second year in a row, with exports showing strong double-digit growth, according to data released by the…

US Firm Jane Street Deposits Rs 4,843 Crore as Directed by SEBI: Reports

Mumbai – U.S.-based trading giant Jane Street Group has reportedly deposited ?4,843.50 crore into an escrow account, as mandated by the Securities and Exchange Board of India (SEBI), after being barred from trading in Indian markets over alleged manipulative…

India clocks surge in exports of hi-tech goods, digital services despite global volatility

New Delhi - India’s trade performance in Q3 FY25 (October–December 2024) reflected cautious resilience amid geopolitical volatility and shifting global demand, according to the NITI Aayog's quarterly report released on Monday. Merchandise exports…

Electronics, Pharma Sectors Receive 70% of PLI Scheme Payout in FY25: Government Data

New Delhi – The electronics and pharmaceutical industries have emerged as the top beneficiaries of the Production-Linked Incentive (PLI) scheme in the financial year 2024-25, receiving nearly 70% of the total funds disbursed, according to official…