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NBFCs’ worries over education loans ease after US clarifies H-1B visa rules
Business

NBFCs’ worries over education loans ease after US clarifies H-1B visa rules

Mumbai, Oct 31: The recent clarification by the United States on the applicability of H-1B visa petitions for foreign nationals has partly alleviated concerns over the asset quality of the education loan portfolios of non-banking finance companies’ (NBFCs), according to a report released on...
Adani Group’s ACC reports 460% rise in Q2 net profit, highest-ever output
Business

Adani Group’s ACC reports 460% rise in Q2 net profit, highest-ever output

Ahmedabad, Oct 31: ACC Limited, part of the diversified Adani Portfolio, on Friday delivered robust performance, with Q2 profit after tax (PAT) clocking 460 per cent growth (year-on-year) at Rs 1,119 crore, with highest ever volume 10 million tonnes, up 16 per cent.The fastest-growing building...
India is the ideal destination for maritime investments, says PM Modi
Business

India is the ideal destination for maritime investments, says PM Modi

New Delhi, Oct 30: Prime Minister Narendra Modi on Thursday emphasised that India is the perfect harbour when it comes to investing in the maritime sector, while sharing his thoughts on the country’s emergence as a leading destination for investment in the maritime sector.“We have a very long...
FM Sitharaman on Bhutan visit to enhance economic, developmental partnership
Business

FM Sitharaman on Bhutan visit to enhance economic, developmental partnership

New Delhi, Oct 30: Union Finance Minister Nirmala Sitharaman on Thursday embarked on an official visit to Bhutan to further deepen economic and developmental cooperation between the neighbouring countries.The visit of the Indian delegation from the Department of Economic Affairs, Ministry of...
India’s economic rise tied to progress in energy, maritime sectors: Hardeep Puri
Business

India’s economic rise tied to progress in energy, maritime sectors: Hardeep Puri

Mumbai, Oct 29: Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Wednesday that India’s rapid economic growth is closely connected to the progress of its energy and shipping sectors, which together serve as strong pillars of national development.Addressing a conference at the...
Frontier tech can raise manufacturing share to 25% of GDP, says NITI Aayog
Business

Frontier tech can raise manufacturing share to 25% of GDP, says NITI Aayog

Mumbai, Oct 29: Harnessing frontier technologies like AI, Advanced Materials, Digital Twins, and Robotics can help manufacturing contribute over 25 per cent to India’s GDP, creating more than 100 million jobs, and positioning the country among the top three global hubs for advanced...
SEBI plans major changes in mutual fund rules for lower costs, more clarity
Business

SEBI plans major changes in mutual fund rules for lower costs, more clarity

Mumbai, Oct 29: The Securities and Exchange Board of India (SEBI) has proposed major changes to the way mutual funds are managed in the country.The market regulator aims to lower brokerage costs, make fee disclosures clearer, and simplify how investors are charged.In a new consultation paper...
Toll income in India jumps 16% from Jan to Sep amid surge in vehicle flow
Business

Toll income in India jumps 16% from Jan to Sep amid surge in vehicle flow

New Delhi, Oct 28: India’s highway toll revenues grew by nearly 16 per cent (year-on-year) to Rs 49,193 crore in January–September 2025, due to higher vehicle throughput and periodic toll rate revisions, a report said on Tuesday.In the same period, toll-paying traffic volumes rose by 12 per...
RBI returns Jana Small Finance Bank’s proposal for universal banking licence
Business

RBI returns Jana Small Finance Bank’s proposal for universal banking licence

Mumbai, Oct 28: Jana Small Finance Bank (SFB) on Tuesday said that the Reserve Bank of India (RBI) has returned its application to transition into a universal bank, citing non-fulfilment of the required eligibility criteria.The bank had submitted its application earlier this fiscal year (FY26)...
GST reforms fuel India’s consumption, push demand; growth forecast up
Business

GST reforms fuel India’s consumption, push demand; growth forecast up

New Delhi, Oct 27: The rollout of GST 2.0 has started showing a positive impact on India’s economy, with stronger consumption trends, higher sales across key sectors, and improved consumer sentiment, Finance Ministry’s data showed on Monday.The reform, coupled with the festive season, has...
India’s DPI may open credit opportunities for 450 million new borrowers
Business

India’s DPI may open credit opportunities for 450 million new borrowers

New Delhi, Oct 27: India’s Digital Public Infrastructure (DPI) including Aadhaar, Unified Lending Interface (ULI) and Unified Payments Interface (UPI) should be leveraged to provide credit access to 450 million untapped borrowers, a report said on Monday.India's DPI played a key role in...
India fast emerging as global maritime powerhouse, says Amit Shah
Business

India fast emerging as global maritime powerhouse, says Amit Shah

Mumbai, Oct 27: Union Home Minister Amit Shah on Monday said that due to the reforms undertaken by the Modi government in the maritime sector, India is emerging as a powerhouse in the maritime field globally.“Prime Minister Narendra Modi’s maritime vision is based on these three pillars --...
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