NBFC's 2-wheeler AUM expected to grow at 18-19 pc in FY26: Report

New Delhi- Assets under management (AUM) of Non-Banking Financial Companies (NBFCs) for the two-wheeler (2W) segment are expected to grow at 18-19 per cent this financial year (FY26), driven by higher cost of vehicle ownership, a report said on Monday.…

India Sailing Ahead with Over ?3 Lakh Crore Maritime Vision 2030

New Delhi: Charting a decade of remarkable growth from 2014 to 2025, India’s maritime sector is cruising toward a new era of transformation, achieving record milestones across ports, coastal shipping, and inland waterways, according to an official…

Reliance, Meta announce new Rs 855 crore AI joint venture in India

Mumbai- Reliance Industries on Saturday announced that its subsidiary, Reliance Intelligence Ltd, has established a joint venture with US tech giant Meta's subsidiary to market and distribute enterprise AI in India. 

A new company,…

Federal Bank Board Clears 9.99% Stake Sale to Blackstone for ?6,196.5 Crore

Mumbai — In a major strategic move, Federal Bank on Friday announced that its Board of Directors has approved the sale of a 9.99 per cent stake to an affiliate of global private equity giant Blackstone for ?6,196.5 crore.

The transaction…

Maruti Suzuki’s Jimny 5-Door Crosses 1 Lakh Exports Milestone from India

New Delhi — Maruti Suzuki India Limited announced that its Jimny 5-door SUV has achieved a significant milestone, surpassing 1 lakh units in cumulative exports from India.

The Jimny 5-door began its export journey in 2023, shortly after…

UPI Transactions Soar to Rs 94,000 Crore Daily in October, Eyeing Festive Record

New Delhi — India’s Unified Payments Interface (UPI) is witnessing a festive season surge, with average daily transaction value in October reaching Rs 94,000 crore, a 13 per cent rise over September, according to data from the National…

Gold, Silver Prices Cool After Record Highs; Jewellery Sales Surge 35–40% During Dhanteras

Mumbai — After touching record highs earlier this week, gold and silver prices eased on Tuesday as investors took profits, even as festive jewellery sales during Dhanteras soared by 35–40 per cent across India.

Silver Exchange Traded…

Diwali Cheer on Dalal Street: Sensex Jumps 660 Points, Nifty Nears 25,900

Mumbai — Stock markets lit up on Diwali Monday as investors welcomed the festive week with strong buying momentum. The Sensex surged 661 points (0.8%) to 84,614, while the Nifty climbed 191 points (0.74%) to touch 25,901, reflecting upbeat investor…

GST Benefits Passed to Consumers; Rs 20 Lakh Crore Consumption Boost Expected: Centre

New Delhi – The government on Saturday said that the benefits of recent GST cuts, effective from September 22, are being extended to consumers during the festive season, with consumption seen as a key driver of economic growth.

Addressing…

IWAI Hands Over Haldia Multi-Modal Terminal Operations to IRC Natural Resources

New Delhi — The Inland Waterways Authority of India (IWAI) has officially transferred operations of the Haldia Multi-Modal Terminal (MMT) in West Bengal to IRC Natural Resources, aiming to strengthen inland waterway infrastructure and promote…