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Mumbai: Indian banks are expected to report muted earnings and loan growth for the September quarter, reflecting a slowdown in both retail and corporate segments over the past two quarters. Analysts estimate system-wide loan and deposit growth at around 9-10%. Treasury gains are also likely to be weaker, as rising bond yields weigh on valuations. Additionally, banks may face some compression in net interest margins with the full impact of recent repo rate cuts coming through. Asset quality tren ...Read More >
Illustration: Donald Trump and Narendra Modi amid US-India-Russia oil tensions over Ukraine President Donald Trump announced on 15 October that Indian Prime Minister Narendra Modi had committed to halting oil purchases from Russia, a step Trump said would make it easier to pressure Moscow to end Russia's war against Ukraine, now in its fourth year. India has been one of Russia's key economic partners since Western sanctions targeted Russian energy exports following the February 2022 invasion. ...Read More >
New Delhi [India], October 16 (ANI): Delhi Patiala House Court on Thursday remanded Ashok Kumar Pal, Chief Financial Officer (CFO) and Executive Director of Reliance Power Limited (RPL), to judicial custody in connection with the alleged fake bank guarantee and money laundering case being probed by the Enforcement Directorate (ED). Pal was produced before Special Judge Kiran Gupta after the conclusion of his three-day ED custody. The court remanded him to judicial custody till October 29. His a ...Read More >
New Delhi, Oct 16 (PTI) Shares of Canara Robeco Asset Management Company on Thursday ended nearly 13 per cent higher in its debut trade against the issue price of RS 266. The stock made its market debut at Rs 280.25, up 5.35 per cent from the issue price on the BSE and NSE. During the day, it jumped 19.54 per cent to Rs 318 on the BSE. The stock finally ended at Rs 300.25, up 12.87 per cent. At the NSE, shares of the firm ended at Rs 300.45, up 12.95 per cent. The company's market valuation ...Read More >
Mumbai (Maharashtra) [India], October 16 (ANI): Domestic equity benchmark indices on Thursday witnessed a sharp rally buoyed by positive global cues and renewed optimism surrounding India-US trade discussions. At the end of the trading session today, Nifty50 at the National Stock Exchange (NSE) was up 261.75 points at 25,585.30, while BSE Sensex stood at 83,467.66, up 862.23 points. Also Read | NZ vs ENG 1st T20I 2025: England Reveal Playing XI for First T20I Against New Zealand. Both Sensex ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): The Karnataka government on Thursday reissued a 2013 circular that prohibits the use of government school grounds for private purposes, potentially clamping down on Rashtriya Swayamsevak Sangh (RSS) activities on school premises. While speaking with ANI, on circular banning use of school grounds for non-educational activities, Karnataka Education Minister Madhu Bangarappa said, "Parents and children have complained about their ideological mentali ...Read More >
NEW DELHI: Global crude oil prices rebounded from a five-month low after US President Donald Trump said Indian Prime Minister Narendra Modi had promised to halt purchases of Russian barrels -- a move that could tighten global supply. Speaking to reporters at the White House, Trump said, "So I was not happy that India was buying oil, and he (Prime Minister Narendra Modi) assured me today that they will not be buying oil from Russia. That's a big step. Now we're going to get China to do the same ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): The Karnataka government on Thursday reissued a 2013 circular that prohibits the use of government school grounds for private purposes, potentially clamping down on Rashtriya Swayamsevak Sangh (RSS) activities on school premises. While speaking with ANI, on circular banning use of school grounds for non-educational activities, Karnataka Education Minister Madhu Bangarappa said, "Parents and children have complained about their ideological mentali ...Read More >
New Delhi, October 15: In a festive gesture aimed at attracting new users, Bharat Sanchar Nigam Limited (BSNL), India's state-owned telecom operator, has launched a special 'Diwali Bonanza' offer. As part of the scheme, BSNL is offering free 4G mobile services for one month at a token cost of just INR 1 for activation, with no other charges involved. The offer is valid from October 15 to November 15, 2025 and is available exclusively to new customers. Under this plan, subscribers will enjoy unl ...Read More >
Indian Renewable Energy Development Agency (IREDA), the public sector power financier, on Tuesday posted a consolidated net profit of Rs 549.33 crore for Q2 FY26, up 41.5% year-on-year (YoY) from Rs 388 crore in the same quarter last year. Post earnings announcement, shares of the company rose 4% to the day's high of Rs 155.85 on the BSE. Revenue from operations rose 26.2% YoY to Rs 2,057 crore, compared with Rs 1,629.55 crore in Q2 FY25, the company said in an exchange filing. Asset quality ...Read More >
Mumbai: Indian equity markets ended in the red on Tuesday after recent gains, as investors booked profits across sectors. The benchmark indices, Sensex and Nifty, slipped amid broad-based selling pressure, with PSU bank stocks leading the fall. The Sensex dropped 297 points, or 0.36 per cent, to settle at 82,029.98, while the Nifty closed 81.85 points, or 0.32 per cent lower, at 25,145.5. Analysts said the 25,300-25,400 range continues to act as a strong resistance for Nifty, while the 25,000 m ...Read More >
Mumbai (Maharashtra) [India], October 10 (ANI): The Indian stock market on Friday ended on a strong note, driven by fresh foreign portfolio investors buying over the past three sessions. At the end of the trading session today, BSE Sensex was up 328.72 points or 0.40 per cent at 82,500.82, and the Nifty 50 at National Stock Exchange (NSE) was up 103.55 points or 0.41 per cent at 25,285.35. In today's session, sectors such as realty, energy, and consumer durables traded higher, showing strength ...Read More >
Mumbai: Mahanagar Gas Limited (MGL), one of India's leading City Gas Distribution companies, and Oil India Limited (OIL), a Maharatna public sector enterprise with integrated capabilities across the oil and gas value chain, have signed a Memorandum of Understanding (MoU) to explore collaboration opportunities in the LNG and clean energy sectors. Partnership for a Greener Future The MoU was signed on October 6, 2025, by the VP (BD, BIS, Commercial & STU), MGL, and the ED (BD), OIL, in the prese ...Read More >
New Delhi [India], October 2 (ANI): The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal Oswal Institutional Equities. The report highlighted that systemic credit growth, at 10.3 per cent (YoY) as of September reflected demand softness in both retail and corpo ...Read More >
New Delhi: The Oil Ministry has invited applications for the post of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), over six months after a search-cum-selection committee was constituted to identify a suitable candidate for the top job. The ministry in a post on its website invited applications for the top job at India's second-largest state-owned refinery by October 21. "Selection shall be through a search-cum-selection committee," it said. Board-level appointments ...Read More >
Indian Renewable Energy Development Agency (Ireda) shares rose 3.7 per cent on BSE, logging an intra-day high at ₹154.35 per share. At 9:21 AM, Ireda's share price was trading 3.29 per cent higher at ₹153.65 per share on BSE. In comparison, the BSE Sensex was up 0.09 per cent at 80,337.79. The market capitalisation of the company stood at ₹43,163.84 crore. Its 52-week high was at ₹239.95 per share and 52-week low was at ₹137 per share. Why were Ireda shares in demand? The buying on t ...Read More >
New Delhi, Oct 1 (PTI) State-owned IREDA has sanctioned loans worth Rs 33,148 crore in April-September FY26, up 86 per cent from Rs 17,860 crore in the same period a year ago. In a statement on Wednesday, the company said its loan disbursements have also recorded healthy growth of 54 per cent to Rs 15,043 crore, up from Rs 9,787 crore in H1 of FY 2024-25. The company's outstanding loan book stood at Rs 84,445 crore as on September 30, 2025, reflecting a 31 per cent increase over Rs 64,564 cror ...Read More >
New Delhi, Oct 1 (PTI) State-owned IREDA has sanctioned loans worth Rs 33,148 crore in April-September FY26, up 86 per cent from Rs 17,860 crore in the same period a year ago. In a statement on Wednesday, the company said its loan disbursements have also recorded healthy growth of 54 per cent to Rs 15,043 crore, up from Rs 9,787 crore in H1 of FY 2024-25. The company's outstanding loan book stood at Rs 84,445 crore as on September 30, 2025, reflecting a 31 per cent increase over Rs 64,564 cror ...Read More >
New Delhi: Aviation Turbine Fuel (ATF) prices were hiked by over 3 per cent and commercial LPG rates by Rs 15.50 per cylinder on Wednesday as oil firms revised fuel prices in line with global benchmarks. Jet fuel (ATF) price was increased by Rs 3,052.5 per kilolitre, or 3.3 per cent, to Rs 93,766.02 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. The increase comes on the back of a 1.4 per cent (Rs 1,308.41 per kl) re ...Read More >
New Delhi | Aviation Turbine Fuel (ATF) prices were hiked by over 3 per cent and commercial LPG rates by Rs 15.50 per cylinder on Wednesday as oil firms revised fuel prices in line with global benchmarks. Jet fuel (ATF) price was increased by Rs 3,052.5 per kilolitre, or 3.3 per cent, to Rs 93,766.02 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. The increase comes on the back of a 1.4 per cent (Rs 1,308.41 per kl) ...Read More >
State-owned BHEL has secured two significant EPC projects from M.P. Power Generating Company Ltd. valued between Rs 13,000-15,000 crore. These orders are for 1x660 MW Amarkantak and 1x660 MW Satpura Supercritical Thermal Power Plants in Madhya Pradesh. Each project is scheduled for completion within 57 months from the notification of award. State-owned BHEL on Tuesday said it has secured two projects worth Rs 13,000-15,000 crore. The company has received the notifications of award from M.P. Po ...Read More >
Benchmark stock indices Sensex and Nifty closed marginally lower in a volatile session on Monday, extending their downtrend to the seventh day, as bank stocks were dragged by persistent foreign fund outflows ahead of the RBI's interest rate decision later this week. Photograph: Hemanshi Kamani/Reuters After gyrating between gains and losses in a restricted trade, the 30-share BSE Sensex declined 61.52 points or 0.08 per cent to settle at 80,364.94. During the day, it hit a high of 80,851.38 a ...Read More >
Mumbai: Benchmark indices Sensex and Nifty closed lower on Tuesday after a volatile session, marking the eighth consecutive session of southward movement due to relentless foreign fund outflows and caution ahead of the RBI's interest rate decision. Giving up early gains, the 30-share BSE Sensex declined 97.32 points or 0.12 per cent to settle at 80,267.62. During the day, it hit a high of 80,677.82 and a low of 80,201.15. In eight trading days, the Sensex has tanked 2,746.34 points or 3.30 per ...Read More >
New Delhi, Sep 30 (PTI) State-owned SJVN on Tuesday said it has commissioned 128.88 MW solar capacity of its 1,000 MW Bikaner project in Rajasthan. With this, the project has achieved a total cumulative commissioned capacity of 629.90 MW out of 1,000 MW as on date and the remaining capacity is expected to be commissioned soon, the company said in a filing. The overall capacity of the Bikaner Solar Power Project is 1,000 MW, the company said. This is to inform that a wholly-owned subsidiary of ...Read More >
New Delhi, Sep 30 (PTI) State-owned NHPC on Tuesday announced that the 85.72 MW solar capacity at the Karnisar project will now be commissioned by October 31. Sharing its update regarding the commissioning of a 300 MW solar PV Project in Bikaner, Rajasthan, the company in an exchange filing said, "It is to inform that commissioning of balance capacity i.e. 85.72 MW of 300 MW Karnisar Solar Power Project, Bikaner, Rajasthan is now likely to be commissioned by October 31, 2025 instead of Septembe ...Read More >
New Delhi, Sep 30 (PTI) State-owned BHEL on Tuesday said it has secured two projects worth Rs 13,000-15,000 crore. The company has received the notifications of award from M.P. Power Generating Company Ltd. (MPPGCL), BHEL said in an exchange filing. The orders are "in the range of Rs. 13,000 crore - Rs. 15,000 crore excluding taxes & duties," it said. The NoA received on Monday is for EPC packages of 1x660 MW Amarkantak unit no. 6 and 1x660 MW Satpura unit no 12 Supercritical Thermal Power Pl ...Read More >
Mumbai- Benchmark indices Sensex and Nifty closed lower on Tuesday after a volatile session, marking the eighth consecutive session of southward movement due to relentless foreign fund outflows and caution ahead of the RBI's interest rate decision. Giving up early gains, the 30-share BSE Sensex declined 97.32 points or 0.12 per cent to settle at 80,267.62. During the day, it hit a high of 80,677.82 and a low of 80,201.15. In eight trading days, the Sensex has tanked 2,746.34 points or 3.30 per ...Read More >
The government's economic stimulus measures, which are scheduled to be rolled out in the final quarter of this year, are expected to help boost business confidence and increase the demand for loans among small and medium-sized enterprises (SMEs). Pichit Mitrawong, president of the Small and Medium Enterprise Development Bank of Thailand (SME D Bank), said confidence among SME entrepreneurs in the fourth quarter is expected to rise, while loan demand is likely to double compared to the third qua ...Read More >
Ambala (Haryana) [India], September 29 (ANI): The Indian Army displayed indigenous drones and counter-drone equipment in Ambala, Haryana, on Monday. During the drone showcase, officials from the Indian Army discussed the features of their drone technology. Also Read | Gwalior Shocker: 14-Year-Old Girl Allegedly Raped by 'Friend' at Gwalior Fort Under Pretext of Lift to School in Madhya Pradesh; Investigation Underway. "We have made an electronic fuse that can be used to fire by connecting to ...Read More >
RailTel Corporation of India has received an order worth Rs 970.08 crore from the State Project Director, Bihar Education Project Council (BEPC) for the establishment of Physics, Chemistry and Biology labs on a turnkey basis in government secondary and senior secondary schools of Bihar under the Samagra Shiksha scheme 2025-26. In its regulatory filing, the company announced that as per the Letter of Acceptance (LoA), the project must be executed by September 24, 2026. Rs 6,597 crore Bihar Educ ...Read More >
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