Business
Delhi LG Mandates Business Reform Overhaul by June 30 Deadline
Lieutenant Governor VK Saxena of Delhi dropped a bombshell on Friday: all remaining Ease of Doing Business reforms must be wrapped up by June 30. This no-nonsense order came during a review meeting...
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SEBI Relaxes Debt Limits for Leveraged InvITs: Key Details
In a bid to supercharge India's infrastructure financing ecosystem, SEBI has rolled out borrower-friendly updates for InvITs with leverage ratios surpassing 49% of asset values. Issued on Friday, the...
Gold Rally Propels India's Forex Reserves to $697B
After a rough patch triggered by Middle East unrest, India's forex reserves are back on the rise, nearing $700 billion. RBI's latest figures show a $6.295 billion jump for the week ended May 8,...
$1T Export Goal: India's Bold Bet on FTAs and Promotion Drive
India's commerce ministry has unveiled an audacious plan: scaling exports to $1 trillion by 2027. The blueprint hinges on the launch of a dedicated Export Promotion Mission and freshly inked Free...
Rs 3 Petrol-Diesel Price Rise: Oil Giants Lose Rs 1000 Cr Daily on Global Surge
In a move that's more symbolic than substantial, petrol and diesel prices have edged up by Rs 3 per litre, even as state-run oil firms bleed Rs 1,000 crore daily due to skyrocketing global crude...
Rs 1.39 Cr Penalty on 31 Coaching Centers for Fake Success Claims
In a major push for accountability, India's CCPA has penalized 31 coaching institutes with over Rs 1.39 crore in fines for running misleading ad campaigns. Over 60 notices were served to centers...
Green Revolution: IOCL Hands Over Hydrogen Buses to DMRC
In a major push for eco-friendly commuting, Indian Oil Corporation (IOCL) has handed over two hydrogen fuel cell buses to the Delhi Metro Rail Corporation (DMRC). This move is set to enhance clean...
Indian Stocks End Lower: Sensex Falls 161 pts on Oil Surge, Weak Rupee
Indian equity markets closed deep in the red on Friday, halting a brief two-day rally as traders locked in profits triggered by dismal global cues, skyrocketing crude prices, and the rupee hitting...
April Export Boom: India Hits $80.8B Despite Global Tensions
India's trade sector delivered strong results in April, with exports soaring 13.6% to $80.8 billion compared to the previous year. Goods contributed $43.56 billion, up from $38.28 billion, while...