India’s real gross domestic product is expected to grow between 6.8% and 7.2% in the financial year 2026–27, according to the Economic Survey 2025-26 tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday. The projection in
The Indian rupee touched a fresh all-time low of 92.00 against the U.S. dollar in early trade on Thursday, January 29. The domestic currency opened at 91.99 per dollar, compared with its previous close of 91.78. The decline came amid broad weakness
The U.S. Federal Reserve announced its interest rate decision on Wednesday, January 28, following a two-day policy meeting. The Federal Open Market Committee decided to maintain the federal funds rate in the range of 3.5% to 3.75%. The decision came
A bustling day on Indian equity markets with numerous companies announcing solid quarterly earnings and winning key contract awards. One such noteworthy transaction was completed today by Rail Vikas Nigam, where they combined forces with another cont
Turtlemint Fintech Solutions has filed its updated draft red herring prospectus with the Securities and Exchange Board of India for its proposed initial public offering. The filing was made on Wednesday, January 28, as per regulatory disclosures.
The Securities and Exchange Board of India has appointed a working group to address issues between Mutual Fund Distributors (MFDs) and Registered Investment Advisors (RIAs). The working group will review the current regulatory framework as it relates
On Wednesday, the price of silver for future delivery increased nearly 6.5% to ₹379,400 per kilogram, marking a record high. Shares in the Silver Exchange Traded Funds (ETFs) followed suit with all-time highs, despite the price of Hindustan Zinc sh
Standalone net profit at TVS Motor Company has increased by 52% to ₹940 crore for Q3. Revenue from operations increased by 37% to ₹12,476.26 crore during the same quarter. The company's shares increased by 3% following the announcement of results
Amid rising global oil prices, shares of Oil India and ONGC surged on Wednesday with gains of as high as 10% at one point during intra-day trading. Oil India set a new 52-week intraday high of ₹492 while ONGC reached ₹266.05 on the BSE exchange.
On Wednesday morning, the Indian rupee rose by just 0.1% to reach a value of 91.6350 against the dollar. The rupee received support from the continued weakness of the U.S. dollar, which trades near four-year lows against major currencies.
The NITI Aayog has recommended reducing the GST (Goods and Services Tax) rates on vehicle scrapping through formally registered scrap facilities, to encourage the recycling of end-of-life vehicles. The tax structure currently favours informal operato
The Reserve Bank of India (RBI) has announced the purchase of Government Securities of ₹1 lakh crore through two Open Market Operation (OMO) tranches on January 29 and February 5. There will also be a $10 billion USD-INR buy or sell swap auction sc
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