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Guwahati, Apr 9: With polling underway across Assam, Chief Minister Himanta Biswa Sarma cast his vote on Thursday at a polling station in Azara's Gorol area, accompanied by his wife Riniki Bhuyan Sarma and their two children. The visit saw a brief but pointed exchange with reporters, adding a sharp edge to the otherwise routine interaction. After exercising his franchise, Sarma struck a familiar note, urging voters to participate in large numbers. "Like every other citizen, casting my vote is ...Read More >
Kolkata, Apr 8 (PTI) Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected to stabilise at the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. Dev said the currency had faced pressure due to global uncertainties, including the recent conflict between the United States ...Read More >
Kolkata: India may exceed RBI's GDP growth projection for 2026-27, the chairman of the Economic Advisory Council to the Prime Minister, S Mahendra Dev, said on Wednesday. Speaking at an interactive session with members of the Bharat Chamber of Commerce in Kolkata, he expressed confidence that the economy could achieve 7% growth against the RBI's projection of 6.9%."I am more positive about growth and hoping for 7%. Last year we achieved 7.6%, but many said it would not exceed 7%. Our economy has ...Read More >
Global uncertainty is likely to linger in the near term, with crude oil prices emerging as a key risk factor for markets and the broader economy, according to Dhiraj Relli, MD & CEO of HDFC Securities. Speaking on the sidelines of "The Big Review" report launch in Mumbai, Relli said elevated oil prices are creating a cascading impact across inflation, interest rates, and corporate earnings, affecting economies worldwide. However, he remains hopeful that easing geopolitical tensions in West Asi ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): HDFC Securities on Wednesday released its 'The Big Review' report, stating that India's real GDP growth is expected to remain at 6-7 per cent, while nominal growth is expected to improve soon. Speaking at the event in Mumbai's St. Regis, Varun Lohchab, Chief Research Officer-Equities at HDFC Securities, said, "While the real GDP growth is expected to remain at 6-7 per cent, nominal growth will be better due to inflation improvements." Also Read | HC ...Read More >
New Delhi, Apr 8 (PTI) Congress general secretary Priyana Gandhi Vadra on Wednesday came out in support of party colleague Pawan Khera, saying the "shameless" attack on him by the BJP speaks of the ruling party's arrogance and guilt. Gandhi said every Congress worker and Indian who believes in the Constitution stands with Khera as he is "hunted down" by Assam Chief Minister Himanta Biswa Sarma, who she claimed has lost his moral right to govern. "The shameless attack on Congress leader Pawan K ...Read More >
Guwahati, Apr 8 (PTI) Congress leader Pawan Khera on Wednesday accused Assam Chief Minister Himanta Biswa Sarma of "unleashing" the state police on him instead of addressing the opposition party's questions on multiple passports and foreign investments linked to the CM's wife. In a recorded video addressed to the CM from an undisclosed location, Khera said, "Our party had only asked you some questions. Why do you want to silence us? We have asked questions; give us the replies." He added, "Inst ...Read More >
Guwahati, Apr 8 (PTI) Congress leader Pawan Khera on Wednesday accused Assam Chief Minister Himanta Biswa Sarma of "unleashing" the state police on him instead of addressing the opposition party's questions on multiple passports and foreign investments linked to the CM's wife. In a recorded video addressed to the CM from an undisclosed location, Khera said, "Our party had only asked you some questions. Why do you want to silence us? We have asked questions; give us the replies." He added, "Inst ...Read More >
Kolkata, Apr 8 (PTI) The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that the Indian Rupee is expected to stabilise around the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. He also said that India must sustain 7-8 per cent growth and reforms to achieve developed nation status by 2047, ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates unchanged as appropriate amid global uncertainty. She stated, "As per our analysis, if crude oil prices ...Read More >
Noida (Uttar Pradesh) [India], April 8: Experion Developers, a leading luxury real estate group, has announced that it has clocked Rs. 1,800 crore in sales at the launch of its luxury residential development located in Sector 151 on the Noida-Greater Noida Expressway. Also Read | Today's IPL Match Live: Check Indian Premier League 2026 Schedule for April 8. The company has sold approx. 400 units in Experion SAATORI which is situated 3 km from the Sector 148 metro station and is a short drive a ...Read More >
NewsVoir Noida (Uttar Pradesh) [India], April 8: Experion Developers, a leading luxury real estate group, has announced that it has clocked Rs. 1,800 crore in sales at the launch of its luxury residential development located in Sector 151 on the Noida-Greater Noida Expressway. The company has sold approx. 400 units in Experion SAATORI which is situated 3 km from the Sector 148 metro station and is a short drive away from Noida International Airport at Jewar. The project benefits from excellent ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday estimated India's real GDP growth at 7.6 per cent for FY26 under a new GDP series, while flagging emerging risks from geopolitical disruptions. The FY26 growth reflects resilience supported by strong services activity, manufacturing expansion and robust domestic demand. For FY27, the Central Bank has projected growth at 6.9 per cent, indicating a moderation as external risks and cost pressures begin to build, said ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): Ahead of the Reserve Bank of India's (RBI) Monetary Police Committee (MPC) announcement of decisions taken in its first meeting of the financial year 2026-27 on Wednesday, economists have opined that the central bank is most likely to maintain the 'status quo' on repo rates. There would, however, be several policy decisions that will be announced, addressing key macro issues, they said. Also Read | BTS' Parent Group HYBE Announces India Auditions fo ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): Ahead of the Reserve Bank of India's (RBI) Monetary Police Committee (MPC) announcement of decisions taken in its first meeting of the financial year 2026-27 on Wednesday, economists have opined that the central bank is most likely to maintain the 'status quo' on repo rates. There would, however, be several policy decisions that will be announced, addressing key macro issues, they said. Speaking exclusively to ANI, Dipti Deshpande, Principal Economi ...Read More >
Hyderabad: Chief Minister A. Revanth Reddy on Monday strongly countered remarks made by his Kerala counterpart, Pinarayi Vijayan, challenging a direct, fact-based debate on the comparative performance of Telangana and Kerala. Responding to Vijayan's recent posts on X claiming Kerala's superior performance across several sectors, Revanth Reddy said he would be in Thiruvananthapuram on Tuesday and invited the veteran leader for an open discussion. The Chief Minister said Vijayan's assertions wer ...Read More >
New Delhi [India], April 6 (ANI): The Reserve Bank of India has retained the percentage limits for foreign portfolio investor (FPI) investments in debt markets for the financial year 2026-27, while increasing the overall investment cap in line with the expansion of the bond market. In a circular released on Monday, the RBI stated that the limits for FPI investment under the general route will remain unchanged. It stated, "The limits for FPI investment in Government Securities (G-Secs), State G ...Read More >
New Delhi: India Infrastructure Finance Company Ltd (IIFCL) plans to mobilise up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty. "We are in the process of seeking approval for mobilising up to USD 1 billi ...Read More >
New Delhi [India], April 5 (ANI): Foreign portfolio investors (FPIs) continued heavy selling in Indian equities this week, with net outflows of Rs 23,801 crore, as global uncertainties and rising crude oil prices weighed on investor sentiment. According to data from National Securities Depository Limited, FPIs had already offloaded equities worth Rs 1,17,775 crore in March, marking the highest level of selling recorded this year. The sustained selling trend has been largely driven by the ongoi ...Read More >
Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >
Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >
Ambikapur (Chhattisgarh) [India], April 4 (ANI): The saying 'talent needs no introduction' found a fitting example at the Khelo India Tribal Games 2026, where wrestlers from Karnataka's Siddi community have made a powerful statement on the mat. Their success is no longer just about medals--it reflects the emergence of an entire community as a force in wrestling. Of African descent, there are about 50,000 Siddis in India, of which one-third live in Karnataka. Out of the nine wrestlers represent ...Read More >
Hyderabad, April 4: Nuti Srikanth Goud, Chairman of the BC State Finance Corporation, stated that Hyderabad is set to become a global city. Speaking to the media on Saturday, he mentioned that after the formation of the people's government in the state and Chief Minister Revanth Reddy taking charge, efforts are underway to transform Hyderabad into a global city. He added that Hyderabad is being beautified by attracting foreign investments, developing infrastructure, and further expanding IT. Nut ...Read More >
New Delhi, April 3 (SocialNews.XYZ) Japan's Ministry of Foreign Affairs has established a new Japan-India Economic Affairs Division to help Japanese companies invest in India, as part of its strategy to bolster bilateral economic ties. "Through the establishment of the Japan-India Economic Affairs Division, the Ministry of Foreign Affairs of Japan will further make public-private efforts to promote companies' expansion of business and investment from Japan to India and to deepen cooperation in ...Read More >
Bengaluru, April 3: Nandita Sinha, the chief executive officer of Myntra, is set to resign in the coming weeks, marking a significant leadership shift within the Flipkart group. According to sources, the company has already initiated the process of identifying her successor as it prepares for key strategic developments, including its much-anticipated IPO later this year. Sinha, who has been associated with Flipkart since 2013, played a crucial role in scaling Myntra into India's leading fashion ...Read More >
In Q1 2025, inflows stood at $0.81 billion, followed by a sharp rebound to $1.80 billion in Q2 2025, marking a 122% increase. This was followed by a marginal dip to $1.76 billion in Q3 2025. Investments then surged to $3.73 billion in Q4 2025, before dropping steeply to $1.41 billion in Q1 2026, Vestian said. Despite the sequential decline, Q1 2026 marked the strongest first-quarter performance since 2022. "This highlights strong investor confidence in India's real estate sector, even as global ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The real estate sector in India recorded institutional investments worth $1.6 billion in the January-March quarter of 2026, a 25 per cent rise year-on-year, driven largely by a surge in domestic capital, according to a report released on Thursday. According to Colliers, Indian investors led the charge, with pumping in $1.2 billion -- up 57 per cent year-on-year -- and accounting for three-fourths of the total inflows. This suggests a significant shift from th ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The Indian rupee may come under further pressure in the coming months if the ongoing West Asia crisis continues, with the Reserve Bank of India (RBI) likely needing to remain flexible in its approach, according to a report by Yes Bank. The report stated that the rupee could weaken to 97.00-97.50 against the US dollar in the first half of FY27. Also Read | Pune Weather Update: IMD Predicts Heatwaves and Above-Normal Rainfall. "RBI will have to be op ...Read More >
NEW DELHI, April 1 (Reuters) - India said it would not apply its strict tax evasion rules on foreign investments made before April 2017, easing concerns among global investors on Wednesday after a court order in a Tiger Global case raised fears of retrospective scrutiny. A landmark Supreme Court ruling in December said Tiger Global must pay taxes on its $1.6 billion sale of a stake in an Indian company in 2018. The judges said Tiger Global used its Mauritius units that were only "conduits", and ...Read More >
New Delhi, Mar 30 (PTI) The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research report by SBI on Monday. The rupee breached the 95/USD-mark in intra-day trade on Monday and settled 7 paise higher at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. The research report from the State Bank of India's economic research depa ...Read More >
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