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Adani Power completes 600 MW Vidarbha Power acquisition, operating capacity...

Ahmedabad, July 8: Adani Power Ltd (APL) on Tuesday said it has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd (VIPL) for Rs 4,000 crore.With this acquisition, Adani Power takes its operating capacity to 18,150 MW, cementing its...
Union Minister Singh highlights Defence investment’s catalytic impact on Indias economy
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Union Minister Singh highlights Defence investment’s catalytic impact on India's...

New Delhi, July 7: Highlighting the economic benefits of investment in the Defence sector, Union Minister Rajnath Singh on Monday stressed judicious utilisation of the Budget by spending at the right time for the right objective, underscoring the need for efficient use of the taxpayers’...
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Global capability centres show impressive 30.8% growth in India in Jan-June

Mumbai, July 7: Global Capability Centres (GCCs) showed remarkable 30.8 per cent year-on-year growth in India in January-June period (H1 2025) this year, reaching 13.85 million square feet and exceeding previous annual totals, a report showed on Monday.GCCs are leading the charge in India’s...
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EV charging operators in TN face higher power bills after tariff hike

Chennai, July 7: Electric vehicle (EV) charging operators across Tamil Nadu are bracing for a steep rise in operational costs following a significant revision in power tariffs by the Tamil Nadu Electricity Regulatory Commission (TNERC), effective July 1.The revised tariff structure has...
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US, Japan, Hong Kong drive 89% of Q2 foreign inflows in Indian real estate

New Delhi, July 7: Indian real estate sector received institutional investments of $1.80 billion in April-June period (Q2 2025), with investors from the US, Japan and Hong Kong contributing around 89 per cent to the foreign investments, according to a report on Monday.Investments more than...
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Indian stock markets end week lower amid trade deal concerns, profit booking

Mumbai, July 5: The Indian equity markets closed lower for the week as investors turned cautious ahead of the crucial July 9 US-India trade deadline and the start of the corporate earnings season, experts said on Saturday.Both benchmark indices -- the Sensex and the Nifty -- slipped 0.7 per...
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Toll rates slashed by up to 50% for highways with bridges, flyovers, tunnels

New Delhi, July 5: In a major relief for motorists, the government has reduced toll rates by up to 50 per cent on certain sections of National Highways that include structures like tunnels, bridges, flyovers, and elevated roads.The move is aimed at lowering travel costs and making road...
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US to start sending letters to trade partners on tariff hikes kicking in from...

New Delhi, July 4: President Donald Trump has announced that the US administration will start sending letters informing trading partners of their tariff rates as soon as Friday, even as negotiations with various countries including India to avoid higher US levies have stretched into the last...
SAIL expands footprint to Middle East with new office in Dubai
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SAIL expands footprint to Middle East with new office in Dubai

New Delhi, July 4: Steel Authority of India Limited (SAIL) has inaugurated its first representative office for the Middle East in Dubai, marking a significant step in the public sector steel giant's global expansion strategy.The office was inaugurated by Union Minister of Steel and Heavy...
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India holds 3rd rank globally in fintech startup funding with $889 million in...

Bengaluru, July 4: India continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025).Early-stage funding stood at $361 million, a 10 per...
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Corporate profits in India grew nearly 3x faster than GDP between FY20–25:...

Mumbai, July 3: India Inc has shown remarkable financial strength over the last five years, with corporate profits growing nearly three times faster than the country's GDP between FY20 and FY25, a new report said on Thursday.The profit-to-GDP ratio has risen significantly to 6.9 per cent --...
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LIC shares make strong comeback, jump over 34% in last 4 months

Mumbai, July 3: Life Insurance Corporation (LIC) shares have staged a sharp rebound, rising nearly 34.41 per cent from their 52-week low of Rs 715.30, driven by improved technical indicators, positive market sentiment, and upbeat brokerage ratings.The public sector insurer’s stock, which had...
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