A realistic illustration of the Reserve Bank of India headquarters with rising forex reserve charts, Indian rupee and US dollar currency, symbolising RBI's successful mobilisation of $40.82 billion to strengthen India's foreign exchange reserves.
Extra Funds For States Key Highlights New Delhi, Aug 1: The Central Government has released an additional ₹1.09 lakh crore as tax devolution to state governments, providing a significant financial boost ahead of the regular monthly transfer scheduled for August 10. According to the Ministry of Finance, the additional instalment...
Strong SUV & EV Growth Key Highlights New Delhi, Aug 1: Tata Motors Passenger Vehicles continued its strong growth momentum in July 2026, reporting a 59% year-on-year increase in total passenger vehicle sales, driven by record electric vehicle (EV) volumes, robust domestic demand and higher exports. The company sold a...
Revenue Hits 13-Quarter High Key Highlights FMCG giant Hindustan Unilever Ltd (HUL) reported a 3.17% year-on-year decline in consolidated net profit to ₹2,680 crore for the June quarter of FY27, primarily due to exceptional expenses and a sharp increase in tax costs. The company had posted a net profit of...
New Index of Services Production will track services sector growth with a 60-day reporting lag and FY25 as the base year. Key Highlights News Story: New Delhi, June 24, 2026: India will begin publishing its first-ever Index of Services Production (ISP) from July 14, 2026, marking a significant step toward...
Exchange queries jewellery giant after Enforcement Directorate raids multiple premises under FEMA provisions. Key Highlights News Story: New Delhi, June 24, 2026: The Bombay Stock Exchange (BSE) has sought clarification from gold jewellery manufacturer Rajesh Exports Limited regarding reports of recent searches conducted by the Enforcement Directorate (ED) at multiple...
Standing Committee to examine the economy, inflation, and investment trends after RBI lowers growth projections New Delhi, June 21:Amid rising geopolitical tensions and growing economic uncertainty worldwide, Parliament’s Standing Committee on Finance will conduct a detailed review of the country’s economic situation. The committee has included “Evolving Economic Conditions” as...
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