Bank Trade Unions Gear Up for Nationwide Strike on Wednesday

New Delhi – Millions of bank employees across India are expected to participate in a nationwide strike on Wednesday, as announced by a coalition of central trade unions. The strike, backed by 10 major unions, could significantly disrupt essential…

India’s Vehicle Sales Rise 4.84% in June, Cross 20 Lakh Units Mark

New Delhi: Vehicle retail sales in India grew by 4.84% year-on-year in June, surpassing 20.03 lakh units, driven by seasonal demand during festivals and the marriage season, the Federation of Automotive Dealers Associations (FADA) reported on Monday.

Adani Enterprises Launches Rs 1,000 Crore NCD Issue Offering Up to 9.30% Interest, Opens July 9

Ahmedabad — Adani Enterprises Limited (AEL) on Sunday announced its second public offering of secured, rated, and listed redeemable non-convertible debentures (NCDs) worth Rs 1,000 crore.

The NCD issue will open on July 9 and close on July…

Nuvama Shares Slide Over 10?ter SEBI Action Against Trading Partner Jane Street

Mumbai- Shares of Nuvama Wealth Management tumbled more than 10% on Friday after the Securities and Exchange Board of India (SEBI) took action against Jane Street, a US-based trading firm, barring it from participating in India’s equity markets and…

Intense Negotiations Underway to Finalise Interim India-US Trade Deal Ahead of Deadline

New Delhi/Washington — With the deadline for US reciprocal tariffs fast approaching, intense negotiations are underway in Washington, DC, as officials from India and the United States work to finalise an interim trade agreement within the next few…

India projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

New Delhi (IANS) India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is…

Remittances from Overseas Indians Hit Record $135 Billion in FY25

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

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

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

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…