RBI MPC opts for wait-and-watch amid uncertainties
RBI MPC minutes reveal all six members voted to hold repo rate at 5.25%, citing growth and inflation uncertainties. Governor Sanjay Malhotra leads cautious stance.
Category : Business
Reliance Foundation to expand SevenHills Hospital to 1,500 beds
Reliance Foundation plans to modernise SevenHills Hospital in Andheri into a 1,500-bed facility, focusing on clinical research, cancer care, trauma, organ transplants, and neurodegenerative disorders, with over 450 beds reserved for economically weaker se
RBI Governor Warns of Inflation Risks from Poor Monsoon
RBI Governor cites poor monsoon and El Niño as amplifying inflationary risks. Energy prices unlikely to return to pre-conflict levels, says MPC member.
Mumbai Civic Body Approves Rs 1,000 Crore for BEST
The civic standing committee approved Rs 1,000 crore for BEST after a previous hold-up. Funds will cover employee dues and working capital.
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Exploration, Beneficiation Key for India's Critical Minerals
Industry experts at a Kolkata event stressed that India must accelerate mineral exploration, adopt advanced beneficiation, and ensure full utilization of resources to strengthen its global position in critical minerals.
India Boosts Critical Mineral Exploration in East, North-East
ASSOCHAM officials highlight India's push for critical minerals like lithium, nickel, and cobalt in eastern and north-eastern states, with focus on extraction and processing technology.
India to drive global steel demand: Lakshmi Mittal
ArcelorMittal Chairman Lakshmi Mittal says India will lead global steel demand growth, driven by infrastructure, urbanisation, and energy transition investments.
Uttarakhand Litchi Shipment to Italy Marks European Debut
APEDA facilitates first export of fresh Uttarakhand litchi to Italy, boosting India's global fruit market presence and farmer earnings by 25%.
IYC Mega Job Fair 2026: 7,000 Youth Get On-Spot Offers in Delhi
Indian Youth Congress organised a Mega Job Fair 2026 at Talkatora Stadium, with 150 companies and over 7,000 on-the-spot job offers to tackle unemployment.
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Chennai satellite township plan lags, private builders race ahead
TNHB's Thirumazhisai satellite township faces delays after decades, while private developers build thousands of units nearby, driving demand and land prices.
31-km Elevated Road to Boost Noida Real Estate
NHAI proposes a 31-km elevated expressway from East Delhi to Greater Noida, improving connectivity to Jewar Airport and boosting real estate in Noida and Yamuna Expressway belt.
Fire at Kolaghat Thermal Power Station After Lightning
A lightning strike caused a massive fire at Kolaghat Thermal Power Station, destroying the turbine room and control system. Two workers were injured. An investigation has been launched.
Kerala Budget: Rs 559 Crore for Irrigation, Flood Control
The Kerala government's revised budget allocates Rs 559.39 crore for irrigation, flood control, and coastal protection, focusing on infrastructure modernization and water quality monitoring.
SBI Mutual Fund Gets Sebi Approval for Rs 13,000 Crore IPO
SBI Mutual Fund, India's largest AMC, gets Sebi approval for its Rs 13,000 crore IPO. The OFS of 20.37 crore shares will see SBI and Amundi dilute stakes. Listing expected next month.
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Sitharaman: EAPs Key to NE Growth and Global Market Access
Finance Minister Nirmala Sitharaman said externally aided projects in the Northeast have increased seven-fold, boosting connectivity and local products' global market access.
Jio Platforms Files for $4 Billion IPO, India's Largest
Jio Platforms files draft papers for India's largest IPO, aiming to raise $4 billion. The fresh issue of 27 crore shares excludes any offer-for-sale, with proceeds used to reduce debt.
Kerala Declares Cinema Industry, Rs 100 Crore for Film City
Kerala government declares cinema as an industry in its budget, allocating Rs 100 crore for a film city in Kochi. The move is expected to boost Malayalam cinema with bank loans and subsidies.
Bengal to unlock Rs 40,000 crore for development
West Bengal's new government plans to implement central schemes, freeing up around Rs 40,000 crore for infrastructure and development projects, replacing state schemes like Banglar Bari and Krishak Bandhu.
Accenture's Weak Outlook Flags Slower Deals, Pricing Pressure
Accenture's cautious guidance indicates global clients are delaying contracts and negotiating pricing, which may impact Indian IT firms.
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RIL AGM: Ambani Unveils AI, Satellite, Energy Plans; Jio Files IPO
At Reliance Industries' 49th AGM, Mukesh Ambani outlined growth plans in AI, satellite broadband, and clean energy. Jio Platforms filed for a massive IPO, while leadership transition nears completion.
SEBI Allows Intraday Borrowings by Mutual Funds
SEBI approves intraday borrowings for mutual funds to manage liquidity mismatches and reintroduces open market buybacks from August 1, 2026, enhancing flexibility and investor protection.
India Can Fill Semiconductor Talent Shortage: Minister
Union Minister Ashwini Vaishnaw says India can bridge the global semiconductor industry's one-million talent gap by establishing world-class design facilities and leveraging the sector's rapid growth.
Jio Platforms Board Approves IPO of 27 Crore Shares
Reliance Industries announced Jio Platforms' board approval for an IPO of up to 27 crore shares. The DRHP will be filed with SEBI, marking a key step in the process.
India's space economy to hit $45 bn; Gaganyaan likely next year
India's space economy is set to expand five-fold to USD 45 billion in 8-10 years, says Union Minister Jitendra Singh. The biotechnology sector has grown to USD 193 billion. Gaganyaan human mission likely next year.
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SS Group MD on Sector 83 New Gurgaon Growth
Ashok Singh Jaunapuria, MD & CEO of SS Group, discusses why buyers are shifting to Sector 83 New Gurgaon, citing infrastructure, liveability, and long-term value.
How Your Metal Debit Card Reflects Your Personal Style
Metal debit cards combine premium design with practical benefits like lounge access and cashback. Learn how to choose a card that fits your lifestyle and personal style.
Nara Lokesh Promotes Andhra as Investment Destination
Andhra Pradesh Minister Nara Lokesh addressed the Indian Chamber of Commerce in Kolkata, inviting investors to explore opportunities in the state's key sectors.
Bihar Hikes Circle Rates: Rural Up 60%, Urban Doubled
Bihar government increases registration rates for land and properties: rural circle rates up 60%, urban doubled. Stamp duty up 1%, women get higher concession.
Kolkata Bread Prices Hike: White Bread Up by Rs 4
Kolkata's white sliced bread price rises from Rs 36 to Rs 40 per 400 gm from Sunday, with premium varieties up by Rs 5. Six major brands, controlling 60% of the market, cite rising input costs.
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Karnataka HC directs OMCs to consider ethanol plea
Karnataka High Court orders OMCs to consider VINP Distilleries' representation for enhanced ethanol procurement under the 2025-26 programme within four weeks.
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