New Delhi – Lending rates are expected to decline by approximately 30 basis points (bps) following the recent reduction in policy rates, according to a report by SBI Research. The drop in rates will be most immediately noticeable in loans … read more
Mumbai: Indian stock markets surged on Friday, buoyed by the Reserve Bank of India’s (RBI) major policy decisions, including a 50 basis point cut in the repo rate to 5.50% and a 100 basis point reduction in the cash reserve … read more
New Delhi – An above-average monsoon is fueling rural demand in India’s automobile sector, with continued momentum in tractor sales supported by a strong rabi harvest, according to a report released by HSBC Global Research on Tuesday. Channel partner feedback … read more
New Delhi: The Indian government on Monday announced detailed guidelines for a new, forward-looking policy aimed at attracting fresh global investments in electric vehicle (EV) manufacturing and establishing India as a global hub for electric car production. To encourage companies … read more
New Delhi – India’s gross Goods and Services Tax (GST) collections for May 2025 rose to ₹2.01 lakh crore, registering a 16.4% increase compared to ₹1.72 lakh crore collected in May 2024, the Ministry of Finance reported on Sunday. This … read more
Mumbai – Vodafone Idea reported a deeper net loss of ₹7,166.1 crore for the quarter ending March 31, 2025 (Q4 FY25), up from ₹6,609.3 crore in the previous quarter (Q3 FY25), according to its stock exchange filing. Although the loss … read more
New Delhi – India’s economy recorded a solid 7.4% growth in the fourth quarter of the financial year 2024–25, bringing the full-year GDP growth to 6.5%, according to official data released on Friday. The expansion was driven by strong performances … read more
New Delhi — Ola Electric reported a sharp financial setback in the fourth quarter (Q4) of FY25, with net losses doubling and revenue dropping significantly on a year-on-year basis. Led by Bhavish Aggarwal, the electric vehicle manufacturer posted a net … read more
Mumbai – The Indian stock market ended Monday on a positive note, with widespread buying across sectors, particularly in auto and IT. Benchmark indices kicked off the week on a strong footing, continuing their upward momentum for a second straight … read more
New Delhi – NTPC Ltd, India’s largest power generation company, on Saturday reported a 22.6% sequential increase in consolidated net profit for the fourth quarter (Q4 FY25), reaching ₹5,778 crore. The company’s revenue for the quarter stood at ₹43,903.7 crore, … read more