The Reserve Bank of India (RBI) has penalized HDFC Bank and Punjab & Sind Bank for non-compliance with regulations, including KYC norms and large exposures reporting. The penalties were imposed...

Adani Group has expressed interest in acquiring Jaiprakash Associates Ltd (JAL) through insolvency proceedings. JAL, a company with diverse businesses including cement, power, and real estate, is...

India's interest equalization scheme provides concessional interest rates to exporters, benefiting about 11,000 businesses. The scheme aims to support MSMEs and boost exports by reducing their...

S&P Global Ratings has cut India's GDP growth forecast to 6.5% for FY26, citing rising US tariffs and a pushback on globalization. However, domestic demand is expected to remain strong in most...

Public sector banks in India saw a 33% increase in dividend payouts to Rs 27,830 crore in FY24, indicating improved financial health. The government received Rs 18,013 crore of this dividend.

Gujarat boasts 32,924 MW of installed renewable energy capacity, accounting for 15% of India's total. State Minister highlights solar rooftop success and plans for lignite-based power plants.

India's trademark filings are the sixth largest globally. Commerce Minister Piyush Goyal highlights steps to strengthen the intellectual property ecosystem.

Punjab CM Bhagwant Mann met Union Minister Prahlad Joshi to discuss the need for expediting foodgrain movement from the state due to storage crunch. He requested special trains to move wheat and...

A widespread UPI outage impacted digital transactions in India on Wednesday, causing disruptions in instant payments. The issue was resolved by NPCI after an hour.

Punjab Finance Minister Harpal Singh Cheema announced a Rs 60 crore subsidy for industries transitioning to paddy stubble-based boilers, aiming to curb stubble burning and promote sustainable...

The Enforcement Directorate (ED) has provisionally attached fresh assets worth over Rs 557 crore of the Amtek Group, an insolvent automotive equipment manufacturing company, in an alleged bank loan...

Gujarat boasts 32,924 MW of installed renewable energy capacity, accounting for 15% of India's total. State Minister highlights solar rooftop success and plans for lignite-based power plants.

India's trademark filings are the sixth largest globally. Commerce Minister Piyush Goyal highlights steps to strengthen the intellectual property ecosystem.

Meesho reports a significant reduction in losses to Rs 53 crore and a 33% revenue increase to Rs 7,615 crore in FY24. The company claims to be the first horizontal Indian e-commerce company to...

Punjab CM Bhagwant Mann met Union Minister Prahlad Joshi to discuss the need for expediting foodgrain movement from the state due to storage crunch. He requested special trains to move wheat and...