Summary: India’s exports to the United States grew 13.3% to $45.82 billion in the first half of FY2025-26, despite 50% tariffs imposed on certain imports. The Indian government signals willingness to increase energy imports, including crude oil and natural gas, from the US. Bilateral trade discussions continue amid…
Reserve Bank of India (RBI) Governor Sanjay Malhotra has reaffirmed the central bank’s strong stance in favour of promoting a Central Bank Digital Currency (CBDC) over privately issued cryptocurrencies, citing the latter’s potential risks to India’s monetary policy, capital controls, and financial system stability. Malhotra, addressing an audience…
Axis Bank Ltd, India’s fourth-largest private sector lender, reported a weaker-than-expected performance for the September quarter (Q2 FY26), with net profit declining 26% year-on-year to ₹5,090 crore, compared to ₹6,918 crore in the same period last year. On a sequential basis, profit was down 12.3% from ₹5,806 crore…
Several stocks, including HCL Technologies, Anand Rathi Wealth, PlatinumOne Business Services, and Narmada Macplast Drip Irrigation Systems, will trade ex-date on Friday, October 17, 2025, drawing investor focus in Thursday’s session. These corporate actions, which include dividend payouts and stock splits, are crucial for investors aiming to qualify…
India and the European Union (EU) have entered the final and most challenging stage of negotiations for their long-pending Free Trade Agreement (FTA), the commerce ministry confirmed. Talks Intensify After 14th Round in Brussels Both sides concluded the 14th round of negotiations in Brussels last week, though several…
Bharat Electronics Ltd (BEL), the Navratna public sector enterprise under the Ministry of Defence, announced fresh orders worth ₹592 crore since its last disclosure on September 29, 2025, further bolstering its FY26 order book. Diverse Order Portfolio Across Defence and Technology Segments The newly received contracts span a…
Delta Corp Ltd, India’s leading gaming and hospitality company, reported a sharp decline in quarterly profit for the second quarter of FY2024, weighed down by regulatory headwinds and a major write-down in its online gaming investments. Profit Falls on Lower Revenue and Investment Losses The company’s net profit…
Kaynes Technology: Rolls Out 900 Multi-Chip Modules with Mitsui Kaynes Technology’s subsidiary, Kaynes Semicon, in collaboration with Mitsui, has produced 900 Multi-Chip Modules at its advanced OSAT facility in Sanand, Gujarat, marking a milestone in India’s semiconductor manufacturing push. Network18: To Acquire IBN Lokmat for ₹25 Crore Network18…
The Andhra Pradesh government has approved two investments worth ₹1,000 crore from the Raymond Group to set up aerospace and automotive component manufacturing units in Sri Satya Sai district. The projects are expected to generate over 5,400 direct jobs. The state will provide ₹700 crore in incentives under…
Leela Palaces, Hotels & Resorts is confident of exceeding its ₹100 crore quarterly profit target in the financial year ending March 2026, driven by strong growth in both occupancy and room rates. The company has reported four consecutive profitable quarters and expects the momentum to continue into the…