The February deficit is lower than the $34.68 billion recorded in January, when a sharp rise in imports widened the trade gap to the highest level in several months. NEW DELHI: India’s merchandise trade deficit narrowed to $27.1 billion in February as imports moderated from the previous month, though elevated purchases of energy, gold and…
After Gurugram and Mumbai, Noida and Greater Noida were the favorites as the twin cities together sold Rs 9,358 crore worth homes in the ultra-luxury segment in CY 2025. Gurugram clocked transactions worth Rs 24,120 crore in the Rs 10-crore-plus segment during calendar year 2025 — a record for any Indian city In a…
L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure Larsen & Toubro (L&T) on Wednesday said that it plans to set up a joint venture with chipmaking major Nvidia to build sovereign, gigawatt-scale AI factory infrastructure in India. The…
Underscoring the growing importance of small and medium enterprises (SME) platforms as “powerful engines” for capital formation, the Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Wednesday flagged “egregious instances” of SMEs misusing regulatory relaxations, including diversion of funds and market manipulation. “These instances adversely affected investor confidence,” Pandey said,…
Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff New Delhi: India’s services sector growth declined to an 11-month low in December amid slow expansion in new businesses, according to a private survey on Tuesday. The seasonally adjusted HSBC…
US military operation in Venezuela followed months of rising tensions, during which Washington sank more than 30 suspected drug-smuggling vessels since September 2025 The US military operation in Venezuela has raised concerns about who else may be on President Donald Trump’s firing line. On January 3, the US launched a large-scale operation in Venezuela’s capital…
RBI data released on 26 December shows that India’s forex reserves recorded a $4.37 billion jump to a near record high of $693.32 billion as of 19 December 2025. Here’s how much gold the central bank holds in its reserves. The Reserve Bank of India (RBI) data for the country’s foreign exchange (forex) reserves show…
Shriram Finance confirmed it will not apply for a banking license after MUFG’s $4.4 billion investment for a 20% stake. The company prefers to remain an NBFC, focusing on retail lending opportunities without structural changes in management. Non-banking finance company (NBFC) Shriram Finance on Monday, December 22, said that the company has no plans to…
India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), on Wednesday, 17 December 2025, decided to cut the charges of the expense ratios in mutual funds, revising its long-standing norms after companies urged the regulator to make the proposed cap on brokerage costs feasible for the asset management companies. Mutual fund…
The momentum returned after several months of softening inflows, supported by broad-based investor participation across categories. AMFI Equity mutual fund inflows rose to Rs 29,911 crore in November 2025, marking a strong 21.2 percent increase from Rs 24,690 crore in October, according to data released by the Association of Mutual Funds in India…