India’s Dedicated Freight Corridor project has finally reached a milestone that was years in the making. Indian Railways moves the nation – from passengers to goods – the network is vast, but also congested. Trains, whether passenger or freight, face delays, slower average speeds as the system functions under the load of huge demand.But now, … Read more
India’s semiconductor sector gathers pace with $701 million raised since 2025 (representative image) India’s semiconductor sector has attracted $1.4 billion in cumulative equity funding across 281 funded companies, with nearly half of the amount raised since 2025, according to Tracxn data cited by PTI.The sector raised $701 million since 2025, including $228 million in 2026 … Read more
FPIs withdraw Rs 13,138 cr from equities in Sep so far amid global uncertainty Foreign portfolio investors have pulled out Rs 2.37 lakh crore from Indian equities so far this year, with the latest selling coming in the first half of September as global uncertainty, higher crude oil prices, rising US bond yields and a … Read more
What will set the tone for Dalal Street this week? With only four trading sessions, investors will be watching a clutch of key triggers, the US Federal Reserve’s interest rate decision, domestic inflation data, crude oil prices and developments in the Middle East for cues on the market’s next move, analysts said.Markets will be closed … Read more
India supplies 70% of Russia’s record fuel imports as Ukrainian drones hit refineries India emerged as the biggest source of Russia’s fuel imports in August, as Ukrainian drone strikes hit Moscow’s refineries and disrupted domestic fuel production. During the month, Russia imported 172,000 tonnes of oil products, more than seven times its previous monthly record.According … Read more
India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge India’s gem and jewellery exports rose 3.14% year-on-year to $2.30 billion (Rs 21,945.87 crore) in August, as a sharp increase in shipments of studded gold jewellery and higher diamond export volumes supported the overall performance, the Gem and Jewellery Export Promotion Council … Read more
Piyush Goyal hails New Delhi Declaration, says it reflects collective resolve for a more resilient, innovative and equitable partnership Union commerce minister Piyush Goyal welcomed the unanimous adoption of the New Delhi Declaration at the 18th Brics Summit, saying that it reflects the collective resolve of member countries to build a more resilient, innovative, development-focused … Read more
MUMBAI: HDFC Bank has submitted two names in order of preference to RBI for appointment as its next managing director and CEO, setting in motion the succession process ahead of Sashidhar Jagdishan’s exit at the end of Oct.Alongside the CEO shortlist, the board also approved a revamp of its senior management by elevating chief credit … Read more
RBI’s decision upends efforts by Noel Tata, chairman of Tata Trusts -Tata Sons’ majority shareholder -to keep the company private MUMBAI: Reserve Bank of India has shut the door on Tata Sons’ attempt to surrender its core investment company (CIC) registration, dealing a blow to the efforts of the holding company of the $185bn Tata … Read more
MUMBAI: Markets regulator Sebi on Saturday proposed to make some changes to the recently introduced Closing Auction Session’s (CAS) timings and to the derivatives pricing mechanism. Launched on Aug 3, CAS had created controversy in the market with traders and investors pointing out that it increased volatility in stock prices and index values.Last week, Sebi … Read more