US Firm Jane Street Deposits Rs 4,843 Crore as Directed by SEBI: Reports

Mumbai – U.S.-based trading giant Jane Street Group has reportedly deposited ?4,843.50 crore into an escrow account, as mandated by the Securities and Exchange Board of India (SEBI), after being barred from trading in Indian markets over alleged manipulative…

India clocks surge in exports of hi-tech goods, digital services despite global volatility

New Delhi - India’s trade performance in Q3 FY25 (October–December 2024) reflected cautious resilience amid geopolitical volatility and shifting global demand, according to the NITI Aayog's quarterly report released on Monday. Merchandise exports…

Electronics, Pharma Sectors Receive 70% of PLI Scheme Payout in FY25: Government Data

New Delhi – The electronics and pharmaceutical industries have emerged as the top beneficiaries of the Production-Linked Incentive (PLI) scheme in the financial year 2024-25, receiving nearly 70% of the total funds disbursed, according to official…

India’s Life Insurance Sector Set to Grow 10–12% Over the Next 3–5 Years: Report

New Delhi: India’s life insurance industry is projected to grow at a steady pace of 10–12% over the next three to five years, according to a new report by CareEdge Ratings. The growth will be fueled by product innovation, regulatory support, rapid…

Centre Plans Rs 1,345 Crore Subsidy Scheme to Boost Rare Earth Magnet Production

New Delhi – The Indian government is preparing a ?1,345 crore subsidy scheme aimed at encouraging domestic production of Rare Earth magnets, Union Minister for Heavy Industries, H.D. Kumaraswamy, announced on Friday.

“A scheme proposing a ?1,345…

Public Sector Banks Expected to Show Stronger Earnings Resilience in Q1

Mumbai – Public sector banks (PSBs) are projected to deliver stronger earnings resilience in the first quarter of FY26, driven by relatively moderate margin compression and higher treasury gains, according to a report released Thursday by Emkay Global…

Gold ETFs See Inflows of ?2,080 Crore in June — Highest in Five Months

Mumbai – Gold Exchange-Traded Funds (ETFs) attracted strong investor interest in June 2025, with inflows surging to ?2,080.85 crore — the highest in the past five months — according to data released by the Association of Mutual Funds in India (AMFI)…

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…