BUSINESS
India Among First in Line for Trade Deal, Says US Treasury Secretary
During an appearance on CNBC's Squawk Box on Monday, Bessent provided updates on the administration's global trade talks, saying discussions with Asian counterparts have been very fruitful.
India’s Industrial Output Grows by 3% in March
The manufacturing sector—driver of the creation of quality employment for the country's young graduates and engineers—posted a 3 per cent rise in production last March compared to the same month last year.
Reliance Industries Shares Surge Over 5% After Q4 Results; Market Value Rises by ₹92,629 Crore
RIL shares gained 5.07% by close, ending at ₹1,336.30 per share on the NSE — its highest one-day increase since June 3, 2024.
RBI Forecasts 6.5% GDP Growth for India Despite Global Challenges
RBI Governor Sanjay Malhotra said in his recent speech that though this rate of growth is slower than in the past few years and below what India hoped, it is according to history and the best major economies can offer.
RBI Governor: India’s Rapid Growth Makes It the Ideal Investment Hub
This favorable prediction was offered by Reserve Bank of India Governor Sanjay Malhotra during his speech to the US-India Economic Forum, which the Confederation of Indian Industry (CII) and the US India Strategic Partnership Forum (USISPF) organized.
India's Domestic Air Travel Soars with 10.35% Annual Growth in FY25
The cumulative total of passengers carried during March 2025 stood at 145.42 lakh compared with 133.68 lakh carried during March last year, with month-on-month growth in passengers at 8.79%, as per the official statistics.
India’s Forex Reserves Poised to Reclaim Record High of $704.8 Billion
The week began on a strong footing with an initial surge, but the benchmarks promptly traded in a very narrow band in the following few sessions before witnessing some selling pressure towards the end. Eventually, the Sensex and Nifty ended at 79,212.53 and 24,039.35, respectively.
ED Detains BluSmart Co-Founder Puneet Jaggi Amid Gensol Probe Over Alleged Fund Misuse
ED raided the company's Delhi, Gurugram, and Ahmedabad offices in search of suspected offenses under the Foreign Exchange Management Act (FEMA), news agency PTI said.
Mid-Market Global Capability Centers to Establish 120 New Hubs and Generate 40,000 Jobs in India by 2026
The Inductus GCC survey finds that India will add over 120 new mid-sized GCCs by 2026, potentially creating 40,000 new employment opportunities. This growth will be on top of the current network of over 800 centers in India, which together employ 220,000 professionals.
India's Domestic Air Passenger Traffic Rises 11.3% in March to 148.8 Lakh; Aviation Outlook Remains Stable
For the entire fiscal year 2024-25 (April 2024 to March 2025), overall domestic air passenger traffic reached 1,657.1 lakh. This represented a 7.8% increase over the last year and was 17.1% more than the pre-pandemic level of 1,415.6 lakh in FY20, said credit rating agency ICRA.
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