Union Bank of India's net profit rose 13.7% to ₹3,679 crore in Q1 FY24, but the bank flagged challenges on net interest margins due to higher deposit costs.

Indian stock markets surged to new highs on Monday, driven by strong gains in PSU bank shares and fresh foreign fund inflows. The Sensex closed at 80,664.86, while Nifty settled at 24,586.70.

The Indian government is expected to introduce amendments to banking laws during the upcoming Budget session to push banking sector reforms, including privatisation of public sector banks.

NCLAT delays insolvency proceedings against Supertech Realtors, pending lenders' decision on a revised settlement offer. The Supernova project, under construction, will continue under IRP supervision.

SBI introduces 'MSME Sahaj', an end-to-end digital invoice financing solution designed to streamline and expedite financing for small businesses.

Gensol Engineering wins bid for 116 MW solar projects in Gujarat, distributed across 27 locations under Paschim Gujarat Vij Co. Ltd. (PGVCL).

The Union government has granted site clearance for the proposed Parandur airport in Tamil Nadu, a key development for the state's aviation sector. The project will be implemented by the Tamil Nadu...

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer digital payment solutions for commuters, including National Common Mobility Card (NCMC) transactions.

Nokia and Bharti Airtel achieve a record-breaking 1.2 Gbps download speed during a 5G trial in India using Nokia's Cloud RAN technology. This milestone highlights the potential of 5G for high-speed...

Gensol Engineering wins bid for 116 MW solar projects in Gujarat, distributed across 27 locations under Paschim Gujarat Vij Co. Ltd. (PGVCL).

The Union government has granted site clearance for the proposed Parandur airport in Tamil Nadu, a key development for the state's aviation sector. The project will be implemented by the Tamil Nadu...

The Department of Posts has launched a beta version of DIGIPIN, a digital addressing system for India. Public feedback is encouraged until September 22.

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Potato traders in West Bengal are on indefinite strike, protesting against alleged harassment and restrictions on exports. The strike is expected to lead to higher potato prices.