Retail Lending Drives Over 7% Growth in Bank Credit in FY26

New Delhi- Bank credit growth in India remained steady during the current financial year, with gross banking credit (GBC) rising by 7 per cent to Rs 1,95,273 billion in the first eight months of FY26 up to the end of November, largely supported by…

Apple’s iPhone Exports from India Cross $50 Billion Under PLI Scheme

New Delhi — US technology major Apple has reached a significant milestone under India’s smartphone Production-Linked Incentive (PLI) scheme, with iPhone exports from the country crossing $50 billion by December 2025, according to…

Using Grok to Create Illegal Content Will Carry Same Consequences as Uploading It: Elon Musk

New Delhi: Tesla and SpaceX CEO Elon Musk on Saturday asserted that anyone using Grok AI to generate illegal content would face the same legal consequences as those who upload such material. His statement came a day after the Ministry of Electronics…

Rally in Industrial Metals Pushes Household Goods Prices

New Delhi — A sharp surge in industrial metal prices, driven by tight supply conditions and strong global demand, is beginning to impact household goods prices, increasing cost pressures for consumers. Key metals such as copper, aluminium, and…

Government Approves 22 Projects Under Electronics Component PLI; Rs 41,863 Crore Investments Expected

New Delhi: The government on Friday approved 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), a move expected to attract investments worth Rs 41,863 crore and generate nearly 37,000 direct and indirect jobs. The initiative…

Maruti Suzuki India Records Highest-Ever Exports of 3.95 Lakh Vehicles in 2025

New Delhi — Maruti Suzuki India Limited on Thursday announced that it exported a record 3.95 lakh vehicles in calendar year 2025, marking the highest-ever annual exports in the company’s history.

The figure represents a growth of…

India’s Mining Sector Accelerates Growth Driven by Sweeping Reforms in 2025

New Delhi- India’s mining sector witnessed strong momentum in 2025 following the implementation of wide-ranging policy reforms aimed at modernising the mining ecosystem and strengthening the country’s mineral security, according to an…

Government Support and Public-Private Partnerships Fuel India’s Space Sector Growth in 2025

New Delhi: Strong policy continuity, institutional clarity, and a rapidly expanding public-private partnership framework propelled the growth of India’s private space sector in 2025, according to Lt. Gen. A.K. Bhatt (Retd.), Director General…

Cement Volumes in India Seen Growing 6–7 Per Cent in FY27: Report

New Delhi: India’s cement industry is expected to witness volume growth of 6–7 per cent in FY27, driven by sustained demand from the housing and infrastructure sectors, according to a report released on Tuesday. This follows an estimated…

India’s Petrochemical Demand Expected to Stay Strong in Medium Term: Report

New Delhi — India’s petrochemical consumption is projected to grow at a healthy rate of 6–7 per cent per annum over the medium term, supported by sustained economic growth and rising demand for downstream products, according to a…