Trump's $428M Defence Deal: India Gets Apaches, Pakistan Praise
Despite Trump praising Pakistan, a $428 million US defence package for Apache and M777 sustainment proves America's strategic tilt toward India over Pakistan.
Category : Business
Rupee hits record low of 96.70 vs US dollar, extends losing streak
The Indian rupee hit a record low of 96.70 against the US dollar on Tuesday, extending its losing streak for an eighth consecutive session amid rising crude oil prices, foreign fund outflows, and global risk aversion.
India's Inflation Puzzle: Fuel Price Impact
India faces a complex inflation scenario with fuel prices playing a key role. This article analyzes the dynamics and potential outcomes for the economy.
Sonu Nigam Sells Five Land Parcels in Karjat for Rs 95 Lakh
Playback singer Sonu Nigam has sold five adjoining land parcels in Karjat for Rs 95 lakh, registered on May 12, 2026. This follows an April sale of multiple plots for Rs 1.95 crore.
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Advent Invests $150M in Iscon Balaji Foods
Private equity firm Advent acquires a minority stake in Iscon Balaji Foods as part of a $215 million fundraise, boosting India's frozen food sector.
India Faces Live Balance of Payments Stress Test
India's economy is under severe pressure from elevated commodity prices, FPI outflows, and a depreciating rupee, leading to a 'live balance of payments stress test' as warned by the CEA.
RBI Proposes Revised Basel III Disclosures for Banks
The RBI has proposed a revised disclosure framework under Basel III norms, requiring banks to publish detailed quarterly information on capital adequacy, leverage, liquidity, and risk exposure to enhance transparency and market discipline.
India Dark Store Density 50 Sq Ft/1K, Bengaluru 150
India's dark store density stands at 50 sq ft per 1,000 people, with Bengaluru leading at 150 sq ft, indicating rapid growth in quick-commerce infrastructure.
US Stocks Extend Losses; Tech Shares Slip, Bond Yields Rise
US stock markets fell further on Tuesday as technology stocks lost momentum and investors worried about rising bond yields, oil volatility, and geopolitical uncertainty. The S&P 500 declined 0.5%.
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Prann Sharma Takes Charge as BRICS CCI Director General
Prann Sharma has been appointed Director General of the BRICS Chamber of Commerce and Industry, aiming to boost trade and economic cooperation among member nations.
Ford Models Enters India After 80 Global Years
Ford Models, a legendary name in fashion for 80 years, launches in India. The agency aims to discover and nurture local talent while bringing global standards to the Indian modeling industry.
Rs 6.5 Crore Bengaluru Flat Sparks Online Debate
A Reddit post about a Rs 6.5 crore flat in Bengaluru has ignited a fierce online debate on skyrocketing real estate prices and affordability in the city.
How India Keeps Oil Flowing Despite Hormuz Closure
India has managed oil supplies amid the Strait of Hormuz closure by diversifying imports, relying on Russian crude, and using alternative routes, despite a global supply crunch.
Rupee Hits Record Low of 96.52 per USD
The Indian rupee fell to an all-time low of 96.52 against the US dollar in intraday trade, settling at 96.52, amid strong demand for the greenback and rising crude oil prices.
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Chennai to Host South India's Largest Industrial Sourcing Platform
Chennai is set to host South India's biggest industrial sourcing platform, highlighting Tamil Nadu's leadership in India's manufacturing boom. The event will showcase innovations and attract global investors.
India FY27 Growth Seen at 6-7%, CAD at 2.1% of GDP: Economists
Economists project India's FY27 GDP growth at 6-7% amid widening West Asia crisis, with current account deficit expected to reach 2.1% of GDP, impacting trade and investment.
RBI Board to Meet May 22 for Record Surplus Transfer
The RBI board will meet on May 22 to consider a record surplus transfer to the government for FY27, estimated between Rs 2.7-3 lakh crore, providing fiscal support amid economic challenges.
Stock Markets End Lower on Fag End Selling in Blue Chips
Indian stock markets ended lower on Monday due to fag-end selling in blue-chip stocks, with the BSE Sensex falling 150 points and the Nifty50 closing below 22,500.
Lucknow-Kanpur Expressway Saves 2 Hours Travel Time
The newly built six-lane access-controlled Lucknow-Kanpur Expressway reduces travel time between the two cities by two hours, enhancing connectivity and economic growth.
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Hazaribag's Rs 114-crore road project foundation laid
Hazaribag's Rs 114-crore road project from Bharat Mata Chowk to Sindoor bypass gets foundation stone, promising wider roads, solar lights, and 54 beautified junctions.
NRI Property Investment: Rules, Taxes, and Documents
Explore NRI property investment rules under FEMA, including eligible properties, taxation, documents required, and payment methods. A comprehensive guide for NRIs.
TTEC Pauses 401(k) Match for US Workers for Nine Months
Austin-based TTEC has paused 401(k) matching for US employees for nine months to reduce costs during economic uncertainty, a move experts say is common during downturns.
US approves $428M Apache copter & M777 howitzer support package for India
The US has approved a $428.2 million support package for India's Apache helicopters and M777 howitzers, boosting defence ties between New Delhi and Washington.
Is Your Retirement Corpus Enough? Annuities Explained
Discover how annuities can secure your retirement income. Learn about types like immediate and deferred annuities, their benefits, and how to choose the right plan for a stable financial future.
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Rupee Hits All-Time Low of 96.52/USD
The Indian rupee fell to an all-time low of 96.52 against the US dollar on Thursday, breaching the 96.60 mark in intraday trade. Persistent dollar demand and weak Asian currencies weighed on the rupee.
India's PNG Push Hits Roadblocks: Manpower, Demand Short
India's ambitious plan to add 100,000 daily piped natural gas connections faces hurdles, with only 8,000-10,000 added daily due to manpower shortages and weak demand.
Know Your Spending Habits to Build Lasting Wealth
Understanding your spending patterns is crucial for wealth building. Expense trackers and AI tools reveal hidden habits. A CGAP survey shows 85% of Indian PFM app users improved financial management.
ICRA Cuts India's FY27 Growth Forecast to 6.2% on Oil Surge
ICRA has lowered India's GDP growth forecast for FY27 to 6.2% due to rising oil prices amid the West Asia crisis. For FY26, growth is estimated at 7.5%.
PepsiCo Invests Rs 5,700 Crore in India by 2030
PepsiCo plans to invest up to Rs 5,700 crore in India by 2030, focusing on expanding manufacturing capacity for its foods business in Madhya Pradesh, Assam, and Tamil Nadu.
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India's Local Garages Quietly Get EV-Ready
Small garages across India are adapting to service electric vehicles, offering affordable repairs and helping drive EV adoption.
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