The Reserve Bank of India’s holdings of US Treasury bonds have fallen to a five-year low as India pushes to support rupee versus the US dollar and diversify its forex reserves, joining a broader shift by some major economies out of the world’s biggest bond market. A man walks past a logo of the Reserve […]
Union communications minister Jyotiraditya Scindia on Thursday said India Post has set an ambitious revenue target of ₹17,546 crore for 2025–26, marking a 30% increase over the current year, even as revenue growth between 2023–24 and 2024–25 remained modest at around 3%, rising from ₹12,790 crore to ₹13,240 crore. India Post has earned ₹10,155 crore […]
Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter. FILE PHOTO: Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. […]
Dr Reddy’s Laboratories Ltd. is planning to launch a generic version of Ozempic in March after Novo Nordisk AS’s patent for the drug expires. That would make the Indian drugmaker one of the first firms to capture the gold rush for the weight-loss drug in the diabetes capital of the world. Dr Reddy’s launch of […]
At least 126 land deals covering over 3,772 acres were closed across seven top cities in 2025, compared with 133 deals for more than 2,514 acres in 2024. The Mumbai Metropolitan Region (MMR) led the activity with 32 deals spanning 500 acres, followed by Bengaluru with 27 deals over 454 acres and Pune with 18 […]
OnePlus Technology Co. has rejected claims that the Chinese smartphone firm is winding down operations, following reports of “dismantling” by parent Oppo. OnePlus 15 is undoubtedly the most powerful Android flagship in the Indian market right now. (HT) “I wanted to address some misinformation that has been circulating about OnePlus India and its operations,” Chief […]
Gold and silver prices in India tore through record highs Wednesday, tracking a ferocious global rally as escalating trade tensions between the US and Europe sent investors fleeing to safe-haven assets. The catalyst for the latest leg of the bullion super-cycle appears to be renewed geopolitical friction. (Reuters) On the Multi Commodity Exchange (MCX), gold […]
The Supreme Court on Tuesday directed the Central Bureau of Investigation (CBI) probing the subvention scheme scam to examine a host of new complaints filed by homebuyers against several builders across the country and register fresh cases following preliminary enquiry. Examine homebuyers’ plaints in subvention scheme scam: SC to CBI The direction came in a […]
New Delhi: India will continue to be the world’s fastest growing major economy with projected growth rates of 6.4% each in 2026-27 and 2027-28, the International Monetary Fund said in its latest World Economic Outlook (WEO) update. IMF has also made an upward revision to its 2025-26 growth forecast for India to 7.3% in keeping […]
India has defined a “diamond” amid a surge in lab-grown alternatives, even as 50% US tariff weighs on the wider gems & jewellery industry. India processes ~90% of the world’s polished diamonds by volume, making it the central artery of the global trade. (Reuters) The Bureau of Indian Standards has enforced a new terminology framework […]
