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RBI suggests simpler norms for firms to raise loans in foreign currency

New Delhi, Oct 3: The Reserve Bank of India (RBI) on Friday released draft rules to make it easier for Indian companies to raise money in foreign currencies.The central bank has suggested widening the pool of both borrowers and lenders who can take part in external commercial borrowings...
India’s growth rests on strong domestic drivers amid global turmoil: FM Sitharaman
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India’s growth rests on strong domestic drivers amid global turmoil: FM...

New Delhi, Oct 3: We are in an era of an unprecedented global volatility where rules of international engagement are being rewritten, but India’s growth is firmly rooted in domestic factors and the country's capacity to absorb global shocks is strong, Finance Minister Nirmala Sitharaman said...
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Indian power distribution firms may cut operational losses by a third in FY26

New Delhi, Sep 29: State power distribution companies (discoms) will see their operating losses reduce by a third to nearly Rs 8,000-10,000 crore this fiscal (FY26) from an estimated Rs 12,000-15,000 crore last fiscal, a report said on Monday.Improving operational efficiency, approved tariff...
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Andhra Pradesh electricity consumers to receive Rs 895 crore refund benefit

Amaravati, Sep 29: The Andhra Pradesh Electricity Regulatory Commission (APERC) has ordered a refund of Rs 895 crore to electricity consumers in the state.Power distribution companies will credit a refund of approximately 13 paise per unit to consumers in equal monthly instalments. It will be...
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97,500 BSNL towers with swadeshi 4G stack to boost digital access: Scindia

New Delhi, Sep 27: Union Communications Minister Jyotiraditya Scindia on Saturday said that Prime Minister Narendra Modi is set to inaugurate India’s fully indigenous 4G stack and more than 97,500 Swadeshi BSNL towers to bolster digital connectivity across the country.This rollout will ensure...
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Raymond offices across India surveyed by Income Tax authorities

New Delhi, Sep 26: Certain officials of the Income Tax Department on Friday conducted a survey at offices and manufacturing units of Indian textile major Raymond.Raymond stated that the survey was carried out under Section 133A of the Income Tax Act, 1961.“We hereby inform that yesterday...
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Copper seen climbing to $11,700/tonne with supply concerns mounting

New Delhi, Sep 26: The price of copper metal is expected to soar to $11,700 per metric tonne as structural demand growth of the metal meets a constrained supply, according to a report on Friday.Copper prices dipped 0.32 per cent after a surge of over 5 per cent following a mudflow at...
BSNL’s ‘Swadeshi’ 4G services to be unveiled by PM Modi on Sept 27
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BSNL’s ‘Swadeshi’ 4G services to be unveiled by PM Modi on Sept 27

New Delhi, Sep 26: Prime Minister Narendra Modi will inaugurate the state-run telecom company BSNL’s fully indigenous 4G network on September 27, Union Telecom Minister Jyotiraditya Scindia said on Friday.With this milestone, India will join the league of select nations capable of building and...
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India’s Russian oil purchases keeping Brent crude prices steady, says report

Mumbai, Sep 26: Brent crude prices have remained steady, trading between $67-$69 per barrel, with no fresh global triggers driving volatility, and India’s Russian oil buying has kept the prices in check, a report showed on Friday.India, among the biggest importers of crude oil, has reiterated...
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India emerges as world’s 3rd largest tech startup hub with $7.7 bn funding in...

New Delhi, Sep 25: India climbed to third position globally in terms of funding for tech startups, trailing only the United States and the United Kingdom but ahead of Germany and France, a report said on Thursday.Funding for Indian technology startups declined 23 per cent year-on-year to $7.7...
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India boosts green push with 27 GW renewable energy added in Apr–Aug

New Delhi, Sep 25: Renewable energy (RE) capacity commissioning momentum in India remains strong with a robust 27 GW of gross capacity added during the first five months (April-August) of the current financial year, according to a report released on Thursday.Within this, 20GW of renewable...
Piyush Goyal: ‘Make in India’ turning nation into global manufacturing hub
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Piyush Goyal: ‘Make in India’ turning nation into global manufacturing hub

New Delhi, Sep 25: The ‘Make in India’ initiative, which completed 11 years, has transformed the country into a global manufacturing powerhouse under the vision of Prime Minister Narendra Modi, Union Commerce Minister Piyush Goyal said on Thursday.Eleven years ago, PM Modi launched 'Make In...
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