The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of 16 Non-Banking Financial Companies (NBFCs) after these entities voluntarily surrendered their licences. The action has been taken under the provisions of Section 45-IA (6) of the Reserve Bank of India Act, 1934, which empowers…
India has climbed to the third position globally in terms of installed renewable energy capacity, according to the latest data released by the International Renewable Energy Agency (IRENA). The announcement was made by Union Minister Pralhad Joshi, who highlighted that India has overtaken Brazil in the global rankings,…
NTPC Limited has entered into a strategic agreement with France’s state-owned energy major Électricité de France (EDF) to explore opportunities in the nuclear power segment. This non-binding Memorandum of Understanding (MoU) highlights NTPC’s intent to broaden its energy portfolio while accelerating its transition toward cleaner and more sustainable…
National Stock Exchange of India (NSE) has taken a significant step toward its long-awaited initial public offering (IPO), initiating discussions with a group of around 20 investment banks to begin formal preparations for the issue. According to reports, the exchange is aiming to file its draft papers between…
Reliance Retail has achieved a remarkable global milestone, securing the 7th spot among the world’s top 100 most valuable privately held, venture capital-backed companies, according to research by the Stanford Graduate School of Business. The ranking, published under Stanford’s Venture Capital Initiative and based on data up to…
Mahindra & Mahindra has announced a price increase across its tractor range in the domestic market, effective April 8, 2026. Its subsidiary brand Swaraj Tractors will implement a similar revision from April 21, 2026. The company confirmed that the price adjustments will vary based on model specifications and…
Clean Max Enviro Energy Solutions Limited has operationalised a 185 MW hybrid renewable energy project at Kalavad in Gujarat, further strengthening its clean energy portfolio. The project integrates solar and wind power, enhancing supply reliability for industrial and commercial consumers. Hybrid Design Enhances Energy Reliability The Kalavad project…
GAIL (India) Limited has signed a long-term charter agreement with Alpha Gas for an LNG carrier, reinforcing its capabilities in liquefied natural gas transportation. The agreement has been executed with Pantheon Maritime Services Private Limited, a Singapore-based affiliate of Alpha Gas. The signing ceremony took place in Athens,…
The United States’ national debt has surpassed $36 trillion, reaching levels not seen since the post-World War II era and accounting for nearly 124% of its GDP. With annual interest payments exceeding $1 trillion—now higher than its defence spending—the development has raised concerns across global financial markets, including…
The Reserve Bank of India (RBI), through its Monetary Policy Committee (MPC), has decided to keep the repo rate unchanged at 5.25%, maintaining a “neutral” policy stance. The decision follows a cumulative reduction of 125 basis points since February 2025, indicating a calibrated approach amid shifting global and…
