Indian Economy Set to Remain Fastest-Growing in FY26: SBI Report

New Delhi (IANS) – India is expected to retain its position as the world’s fastest-growing major economy in FY26, driven by strong macroeconomic fundamentals, a resilient financial sector, and a continued focus on sustainable development, according…

Adani Ports Raises ?5,000 Crore via 15-Year Non-Convertible Debentures

Ahmedabad – Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Friday that it has successfully raised ?5,000 crore through the issuance of 15-year Non-Convertible Debentures (NCDs).

The issue, backed by APSEZ’s strong financials…

Nissan Strengthens India Commitment with €700 Million Investment Plan

New Delhi — Japanese auto giant Nissan has reaffirmed its long-term commitment to India with a €700 million (approx. ?6,300 crore) investment plan set to roll out over the next two years. The funds will support the launch of several new vehicles between…

iPhone Exports from India to US Surge 76% in April, Reaching 3 Million Units

New Delhi: As Apple intensifies its manufacturing operations in India, iPhone exports from the country to the United States surged by 76% year-on-year in April, reaching nearly 3 million units, according to a new report.

Market research firm…

Centre Eases Export Norms for Leather Industry to Boost Business

New Delhi: In a major push to enhance ease of doing business for leather exporters, the Directorate General of Foreign Trade (DGFT) on Monday issued a notification removing key procedural restrictions on the export of value-added leather products.

Indian Stock Market Opens Higher; Sensex Jumps 640 Points

Mumbai – Indian stock markets opened on a strong note Monday, buoyed by investor optimism following news that India has climbed to the fourth position in the global economic rankings.

As of 9:32 a.m., the BSE Sensex surged 640.3 points, or…

Finance Ministry holds high-level meeting to expedite recovery of debt

New Delhi: The Department of Financial Services (DFS), under the Ministry of Finance, has urged all stakeholders to collaborate in reducing pendency of debt cases by establishing effective recovery ecosystem. 

This would facilitate the redeployment…

India's Domestic Air Passenger Traffic Hits 16.54 Crore in FY25

New Delhi – India's domestic air passenger traffic rose to 16.54 crore in FY25, reflecting a year-on-year (YoY) growth of 7.6 per cent and a significant 16.8 per cent increase compared to the pre-Covid level of 14.15 crore in FY20, according to…

Gokaldas Exports Q4 Profit Rises Despite Higher Expenses

Mumbai: Gokaldas Exports Limited, a leading apparel manufacturer and exporter, reported a robust performance for the fourth quarter (Q4) of FY25, with consolidated net profit rising 19.3% year-on-year (YoY) to ?52.86 crore, up from ?44.28 crore in…

Foxconn Commits Additional $1.5 Billion Investment to Expand Operations in India

New Delhi – Taiwanese tech giant Foxconn has announced a fresh investment of $1.5 billion to expand its footprint in India, as the Apple supplier continues to diversify its supply chain away from China.

The investment comes through Foxconn’s…