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Remittances from Overseas Indians Hit Record $135 Billion in FY25

Remittances from Overseas Indians Hit Record $135 Billion in FY25

01-07-2025  comments

Mumbai — Remittances sent by Indians working abroad reached an all-time high of $135.46 billion in the financial year 2024-25, marking a 14% increase compared to the previous year, according to data released by the Reserve Bank of India (RBI).

Indian Stock Market Opens Flat; Sensex Holds Above 84,000

Indian Stock Market Opens Flat; Sensex Holds Above 84,000

30-06-2025  comments

Mumbai — The Indian stock market opened flat on Monday, despite positive global cues, with early gains seen in PSU banks and the IT sector.

As of 9:27 a.m., the Sensex was marginally up by 1.35 points at 84,057.55, while the Nifty rose 6.50…

India Restricts Jute Imports from Bangladesh to Protect Farmers and Mills

India Restricts Jute Imports from Bangladesh to Protect Farmers and Mills

28-06-2025  comments

New Delhi — India has imposed immediate port restrictions on the import of jute and allied fibre products from Bangladesh in a bid to curb the influx of cheap, subsidised goods that have harmed local farmers and led to underutilisation and closures…

PhonePe partners with HDFC bank to launch co-branded credit card

PhonePe partners with HDFC bank to launch co-branded credit card

27-06-2025  comments

New Delhi (IANS) PhonePe and HDFC Bank announced the launch of co-branded credit card, marking the digital payments and financial services company’s foray into the co-branded card segment. 

The PhonePe HDFC bank co-branded RuPay credit card…

India’s Steel Production Growth Outpaces China: Report

India’s Steel Production Growth Outpaces China: Report

26-06-2025  comments

Mumbai — India’s steel sector is rapidly progressing toward the government’s ambitious goal of achieving 300 million tonnes per annum (MTPA) of crude steel production capacity by FY2030-31, according to a private sector report released on Thursday.

Stock Market Rises as Geopolitical Tensions Ease; Sensex Gains Over 400 Points

Stock Market Rises as Geopolitical Tensions Ease; Sensex Gains Over 400 Points

25-06-2025  comments

Mumbai: Indian stock markets opened on a strong note Wednesday, buoyed by positive global cues and easing geopolitical tensions. Buying interest was seen across key sectors such as IT, auto, and pharma in early trade.

By 9:25 a.m., the Sensex…

India’s Exports of Pharma, Textiles, Jewellery to US Expected to Rise After Bilateral Trade Agreement

India’s Exports of Pharma, Textiles, Jewellery to US Expected to Rise After Bilateral Trade Agreement

24-06-2025  comments

New Delhi: India’s exports of pharmaceuticals, textiles, and gems & jewellery to the United States are expected to rise once a bilateral trade agreement (BTA) between the two countries is signed—likely by September or October 2025, according to a…

Saudi Arabia, Russia Ensure Oil Supply Stability for India Amid Hormuz Strait Uncertainty

Saudi Arabia, Russia Ensure Oil Supply Stability for India Amid Hormuz Strait Uncertainty

23-06-2025  comments

New Delhi – Amid growing tensions in the Strait of Hormuz, Saudi Arabia and Russia have emerged as key players in safeguarding India's energy security, offering continued crude oil supply despite rising geopolitical risks, according to a report…

LIC Housing Finance Lowers New Home Loan Rates to 7.50%

LIC Housing Finance Lowers New Home Loan Rates to 7.50%

21-06-2025  comments

Mumbai – LIC Housing Finance announced on Saturday that it has reduced interest rates on new home loans by 50 basis points, bringing the starting rate down to 7.50%. The revised rates came into effect on June 19, coinciding with the company’s 36th…

Indian apparel sector to clock 11 pc growth over FY24-FY29: HSBC

Indian apparel sector to clock 11 pc growth over FY24-FY29: HSBC

20-06-2025  comments

New Delhi (IANS)-The Indian apparel sector is projected to clock a 11 per cent compound annual growth rate (CAGR) over FY24-FY29, a report showed on Friday. India's apparel sector expanded at an 11 per cent CAGR over FY20-24, in line with nominal…

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