Economic Times

Rosa Power, a subsidiary of Reliance Power, has prepaid ₹850 crore of its debt to Varde Partners. The company aims to settle its remaining debt by t
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BP's global CEO Murray Auchincloss highlighted growing business opportunities in India, citing their partnership with Reliance Industries in gas produ
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Organised gold loans by banks and NBFCs are projected to reach Rs 15 lakh crore, driven by a CAGR of 25% from FY2020-FY2024. Banks lead with agricultu
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Piramal Pharma aims to achieve $2 billion in annual revenue with a 25% operating margin by fiscal 2030, driven by its CDMO business. The company plans
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The Enforcement Directorate is investigating employee stock options issued to Religare executive chairperson Rashmi Saluja and other officials for pot
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Silver prices in Kolkata have reached a historic high, crossing ₹90,000 per kg for the first time. The metal's price surged to ₹90,324 per kg due
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The government health expenditure in India has increased from 1.13% of GDP in 2014-15 to 1.84% in 2021-22, according to the National Health Account es
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The All India Consumer Products Distributors Federation (AICPDF) has urged FMCG companies to monitor the impact of deep discounting by quick commerce
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Banks are urging changes to insolvency regulations to prevent promoters from manipulating their companies' size to qualify as MSMEs and retain control
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Telecom operators in India can continue under the current licensing regime until their licenses expire, after which a new authorisation mechanism will
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India's Comptroller and Auditor General (CAG) has taken over as chair of the Asian Organization of Supreme Audit Institutions (ASOSAI) for 2024-27. Th
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Heavy rains in Mumbai disrupted flight operations with seven go-arounds and two diversions reported. Spicejet and Vistara issued advisories for passen
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Reserve Bank Deputy Governor Swaminathan J emphasizes the need to improve the usage and quality of banking services in India. He urges bank officials
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Coal imports in India increased marginally by 0.9% during April-July, reaching 90.51 million tonnes. Non-coking coal imports rose by 2%, while coking
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NMDC Steel is expected to break-even this financial year, according to chairman Amitava Mukherjee. The company, demerged from NMDC in 2022, operates a
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India's solar PV module manufacturing capacity has increased from 2.3 GW to 67 GW in the last 10 years beacuse of measures taken under Make In India i
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The Modi government's 'Make in India' initiative, launched a decade ago, has significantly boosted exports, investments, and manufacturing. Key measur
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Gold loans by banks and non-bank lenders are expected to surpass Rs 10 lakh crore by FY25, reaching Rs 15 lakh crore by FY27, according to Icra Rating
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Real estate developer Puravankara has acquired 2.3 acres of land in Bengaluru from Citrus Venture Projects for around Rs 135 crore. The acquisition is
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DRA Homes, a Chennai-based developer, has acquired the residential project at Marina Mall in OMR, Chennai for Rs 25.10 crore. FinTech platform YuBi fu
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