PSPCL Upgraded to A Grade, Punjab Second in Power Ranking
Punjab State Power Corporation Limited (PSPCL) has been upgraded to A grade in the national power utilities ranking, securing 11th position nationally and second among state-run utilities.
Category : Business
BPCL-Petrobras $780M Oil Deal at India Energy Week
State-run Bharat Petroleum Corp Ltd (BPCL) will sign a $780 million contract with Brazil's Petrobras for 12 million barrels of crude oil at India Energy Week 2026 in Goa, as India diversifies oil imports beyond Russia and West Asia.
IndiGo Vacates 717 Slots After DGCA Winter Flight Cuts
IndiGo has vacated 717 slots at domestic airports following DGCA's decision to curtail winter flights. Slots represent specific time periods for aircraft takeoff and landing operations.
Bank Strike on Jan 27 for 5-Day Week Demand
Banking unions in India have called for a nationwide strike on January 27, 2024, to demand a five-day work week, potentially disrupting financial services across the country.
Rupee Hits Record Low of 92 Per USD, Settles at 91.90
The Indian rupee has plummeted to an unprecedented all-time low of 92 per US dollar, marking a significant depreciation. It settled at 91.90 against the American currency, surpassing the previous record set earlier this month.
Gold Rebounds Rs 1,500; Silver Climbs Rs 9,500
Gold prices in India rebounded by Rs 1,500 to Rs 1.58 lakh per 10 grams, while silver surged Rs 9,500 to Rs 3,29,500 per kg, marking a significant recovery in precious metals markets.
Crypto Update: Solana Surge & ZKPs' AI Privacy
The cryptocurrency market sees significant developments with Solana's price surge and the integration of Zero-Knowledge Proofs into AI architecture for enhanced privacy.
EU GSP Rules Impact 2.66% of India's Exports
The European Union's revised Generalised Scheme of Preferences (GSP) regulations will impact only 2.66% of India's total exports, according to recent analysis. The changes primarily affect specific sectors like textiles and chemicals.
SC Seeks Status Reports from CBI, ED on PIL Against Anil Ambani Group
The Supreme Court has asked the CBI and Enforcement Directorate to file status reports on a PIL alleging banking fraud by the Anil Dhirubhai Ambani Group, highlighting concerns over financial irregularities in India's banking sector.
Intel Slump Drags Wall Street Lower, Nvidia Gains on AI Demand
Wall Street indices declined as Intel shares plunged 15% on weak outlook, while Nvidia gained 1.4% amid AI chip demand from Chinese tech giants. Geopolitical tensions added pressure.
Sundaram Home Finance Q3 Profit Up 20% to Rs 75.14 Cr
Sundaram Home Finance reports robust Q3 FY26 results with 20% net profit growth to Rs 75.14 crore. Assets under management surge 18% to Rs 18,880 crore, driven by strong performance in Emerging Business segment.
Alandur to Become Chennai's New IT & Retail Hub via Metro Plaza
Chennai Metro Rail Limited plans a seven-storey plaza in Alandur, spanning 3.75 lakh sq ft with retail and IT office spaces, directly connected to Phase-2 metro station via link bridge.
Adani Stocks Fall 13% as SEC Seeks Email Summons in Bribery Case
Adani Group companies witnessed sharp declines in share prices, with some stocks falling as much as 13%, following reports that the US SEC is seeking court approval to serve summons via email to Gautam Adani and Sagar Adani in connection with an alleged f
Coforge & Mphasis Beat Q3 Expectations Amid IT Slowdown
Mid-sized IT outsourcers Coforge and Mphasis outperformed analyst forecasts in Q3 FY2026, with revenue growth driven by retail, manufacturing, and banking sectors despite seasonal challenges and industry-wide demand uncertainty.
RBI Calls on States to Frame Debt Reduction Glide Path
The Reserve Bank of India has urged state governments to establish transparent debt consolidation frameworks, warning that elevated debt levels could hinder investment and growth across India's economy.
Dindoshi-Film City Flyover to Open by May 31 in Mumbai
The BMC announces the Dindoshi Court to Film City flyover will open by May 31, 2026, as part of the Rs 6,500-crore GMLR project to reduce travel time between Goregaon and Mulund.
Maharashtra Women Farmers Demand Recognition at Consultation
Women farmers from Maharashtra highlighted their struggles with land titles and formal recognition at a stakeholder consultation chaired by state officials and MSSRF, presenting policy recommendations for gender justice in agriculture.
Trai Reviews DLC Tariffs After 10 Years, Affecting Enterprise Broadband
India's telecom regulator initiates first review of domestic leased circuit prices in over a decade, potentially changing costs for banks, IT firms and data centers using secure high-speed broadband lines.
SEBI Code & Family Trusts: In-Law Impact on Succession
Indian promoter families increasingly use private trusts for succession planning, but SEBI's Takeover Code excludes daughters-in-law from 'immediate relatives,' creating compliance hurdles for modern family structures.
Sebi Approves IPOs for Sai Parenteral, Hella Infra
Sebi grants final approval for IPOs of Sai Parenteral and Hella Infra Market. Sai Parenteral's ₹285 crore IPO includes fresh issue and OFS, with funds for expansion and acquisitions.
RBI Announces ₹1 Trillion OMOs, $10B Swap as Rupee Hits Low
The Reserve Bank of India announces its third liquidity infusion package with ₹1 trillion in government bond purchases and $10 billion dollar-rupee swaps to ease tight conditions and support the rupee after it hit a record low of 91.97 against the US doll
US Stocks Dip as Trade Uncertainty, Intel Warning Pressure Markets
US stocks closed lower on Friday, capping a volatile week marked by tariff threats and reversals. Investors remained cautious amid limited clarity on trade policy and geopolitical signals, with Intel's weak forecast adding pressure to technology shares.
India Worst Global Performer Amid FPI Outflows, Weak Earnings
Indian equities suffered a 2.5% weekly decline, becoming the world's worst-performing major market due to relentless foreign selling and disappointing corporate earnings ahead of the Union Budget.
Rupee Hits Record Low of 92 vs Dollar, Recovers to 91.88
Indian rupee plunged to historic low of 92 per US dollar on Friday before settling at 91.88. FII outflows, weak equities, global risk-off mood, and rising crude oil prices pressured the currency.
KVB Q3 Net Profit Jumps 39% to Rs 690 Crore
Karur Vysya Bank reports strong Q3 FY26 results with 39% net profit growth to Rs 690 crore. Net interest income rises 14.6% to Rs 1,239 crore while NIM remains stable at 3.9%.
Wall Street Slips as Intel Weighs on Tech Sector
US stock markets declined on Friday, with the Dow Jones and S&P 500 falling as Intel's disappointing revenue forecast triggered a sell-off in technology shares, overshadowing positive economic data.
UBS Explores Crypto Investments for Private Clients
Swiss banking giant UBS Group AG is reportedly preparing to introduce cryptocurrency investment opportunities for select private banking clients in Switzerland, with potential expansion to global markets.
India Aims for $1.3 Trillion Exports Through Manufacturing Reforms
India plans to triple exports to $1.3 trillion by 2035 through structural manufacturing reforms, focusing on 15 key sectors with a new regulatory panel and targeted infrastructure funding.
Term Insurance Calculator: Stop Guessing Your Coverage Amount
Learn why using a Term Insurance Calculator is essential for accurate coverage. Avoid the pitfalls of generic rules like the 20x income multiplier and discover how to calculate your precise financial needs.
Sensex, Nifty Crash 2%: Investors Lose ₹16 Lakh Crore
Indian stock markets witnessed a sharp decline this week with Sensex and Nifty falling over 2%. Investors lost over ₹16 lakh crore amid global uncertainties and domestic concerns.
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