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SBI opens ‘CHAKRA’ centre to boost funding for India’s sunrise sectors
Business

SBI opens ‘CHAKRA’ centre to boost funding for India’s sunrise sectors

Mumbai, Jan 31: India's largest state-owned lender, State Bank of India, on Saturday announced the launch of CHAKRA -- a Centre of Excellence for financing sunrise sectors critical to India’s economic transformation.It will serve as a knowledge‑led platform to enable financing for...
Budget 2026 likely to focus on defence, capex, infra, fiscal discipline
Business

Budget 2026 likely to focus on defence, capex, infra, fiscal discipline

New Delhi, Jan 31: As Finance Minister Nirmala Sitharaman gears up to table the Union Budget 2026-27 in Parliament on February 1, economists say the emphasis this year will be on defence, infrastructure, capex, power, and higher growth in affordable housing, apart from balancing social welfare...
iPhone 16 leads sales chart as India’s smartphone buying pattern shifts
Business

iPhone 16 leads sales chart as India’s smartphone buying pattern shifts

Mumbai, Jan 31: Indian consumers’ smartphone buying patterns showed a marked shift moving away from the traditional budget‑segment dominance, as Apple Inc.’s iPhone 16 base variant emerged as the top‑selling smartphone model in 2025, a report has said.Counterpoint Research report said that...
Gold, silver prices plunge amid aggressive profit booking
Business

Gold, silver prices plunge amid aggressive profit booking

Mumbai, Jan 31: Gold and silver prices saw a meltdown this week, amid dollar strengthening and aggressive profit booking from investors after an unprecedented rally in metal.MCX gold February futures dipped 9 per cent while MCX silver March futures slid down 25 per cent on Friday. Currently...
IndiGo Kuwait-Delhi flight makes emergency landing in Ahmedabad after threat
Business

IndiGo Kuwait-Delhi flight makes emergency landing in Ahmedabad after threat

Ahmedabad, Jan 30: An IndiGo Airlines flight from Kuwait to Delhi made an emergency landing in Ahmedabad on Friday after a bomb threat, triggering heightened security measures at the Sardar Vallabhbhai Patel International Airport, officials said.The aircraft, carrying 186 people, including 180...
Adani Ports, Adani Green, Adani Energy Solutions get JCRA landmark ratings
Business

Adani Ports, Adani Green, Adani Energy Solutions get JCRA landmark ratings

Ahmedabad, Jan 30: In a significant milestone for the Adani Group’s global credit journey, Japan Credit Rating Agency (JCRA) has initiated ratings of three Portfolio companies — Adani Ports and SEZ (APSEZ), Adani Green Energy Ltd. (AGEL) and Adani Energy Solutions Ltd. (AESL) — assigning...
Eco Survey says India is steadily emerging as a key global trade player
Business

Eco Survey says India is steadily emerging as a key global trade player

New Delhi, Jan 29: India’s steady rise as a key player in global trade is evident in its increasing share of both global merchandise exports and commercial services exports, said the Economic Survey 2025-26 released on Thursday.According to the WTO’s World Trade Statistics, between 2005 and...
Industrial sector growing, needs diversification to build resilience: Eco Survey
Business

Industrial sector growing, needs diversification to build resilience: Eco Survey

New Delhi, Jan 29: India’s industrial sector continues to display strong momentum despite an evolving and challenging global environment, supported by reforms in infrastructure, logistics, ease of doing business and innovation systems, the Economic Survey 2025-26 said on Thursday.The Survey...
Indian banks set for 10–12% credit growth; asset quality to strengthen
Business

Indian banks set for 10–12% credit growth; asset quality to strengthen

Mumbai, Jan 28: Indian banks are expected to witness credit growth at about 10–12 per cent compound annual growth rate (CAGR) over the next five years, higher than deposit growth of roughly 9–11 per cent, a report said on Wednesday.The report from Brickwork Ratings said credit‑to‑deposit...
Adani’s ACC posts 346% jump in Q3 profit, records highest-ever volume
Business

Adani’s ACC posts 346% jump in Q3 profit, records highest-ever volume

Ahmedabad, Jan 28: Cement major ACC Limited, part of the diversified Adani Portfolio, on Wednesday reported a standout performance for the quarter ended December 31 (Q3 FY26), with profit after tax (PAT) surging by 346 per cent (normalised basis) at Rs 380 crore year-on-year, with highest-ever...
India has managed global energy turbulence without shortages: Minister Puri
Business

India has managed global energy turbulence without shortages: Minister Puri

Puri highlighted India’s ambition to raise the share of natural gas in its energy mix and stressed the need for global collaboration, investment and realistic transition pathways.
Indian exports worth $75 bn set to surge as EU grants preferential access
Business

Indian exports worth $75 bn set to surge as EU grants preferential access

New Delhi, Jan 27: With the India-EU trade deal, the country has secured unprecedented market access for more than 99 per cent of Indian exports by trade value to the EU that also bolsters the ‘Make in India’ initiative, the Commerce Ministry said on Tuesday, adding that along with India’s FTA...
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