New Delhi, Oct 17: Water spread area of glacial lakes within India has increased by over 27 per cent between 2011 and July 2025, according to a report that analysed 55 glacial lakes. The Monthly Monitoring Report of Glacial Lakes and Water Bodies in the Himalayan Region, July 2025 released by the Central Water Commission (CWC) said the total inventory area of glacial lakes within India rose from 1,952 hectares in 2011 to 2,496 hectares in July 2025. The analysis [] The post Over 27% Increase In

NEW DELHI, Oct 16: New supply of premium industrial and warehousing spaces rose 6 per cent during the January-September period across the top eight cities, as builders look to expand portfolio to meet rising demand, according to Colliers. Real estate consultant Colliers Indias latest data suggests that the fresh supply of industrial and warehousing spaces grew to 28.8 million square feet during the first nine months of this calendar year from 27.1 million square feet in the year-ago period. []

NEW DELHI, Oct 16: Shares of pharmaceutical company Rubicon Research Ltd on Thursday listed with a premium of nearly 28 per cent against the issue price of Rs 485. The stock started trading at Rs 620.10, up 27.85 per cent, from the issue price on the BSE. At the NSE, the stock made its debut at Rs 620, registering a jump of 27.83 per cent. The companys market valuation stood at Rs 9,917.97 crore. The initial public offer of [] The post Rubicon Research shares jump nearly 28 pc in market debut t

New Delhi, Oct 15: The Supreme Court on Wednesday permitted the sale and bursting of green crackers in Delhi-NCR for Diwali. Allowing the joint request of the Centre and Delhi government, a bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran relaxed the ban on green firecrackers. It asked the Central Pollution Control Boards and state pollution control boards of NCR to monitor the pollution level during Diwali and file reports before it. As a temporary measure, [] The post SC P

NEW DELHI, Oct 14: Industry chamber Ficci on Tuesday announced RPG Group Vice Chairman Anant Goenka as President-Elect for 2025-26. Goenka is currently the Senior Vice President of the chamber. He will succeed Harsha Vardhan Agarwal at the conclusion of its annual general meeting, which is slated for the end of next month here. RPG Group is a USD 5 billion conglomerate with interests in the tyre, infrastructure, pharma, IT and speciality sectors, the chamber said in a statement. [] The post FIC

New Delhi, Oct 14: The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman. The report by the panel was due by October 31. The Commission will mainly make recommendations on the distribution of taxes between the Centre and states for a 5-year period starting April 1, 2026. The Finance [] The post Go

MUMBAI, Oct 14: Jammu and Kashmir has registered a ten-fold increase in the investor base on the National Stock Exchange (NSE) over the last ten years, indicating rising financial awareness and growing trust in formal financial systems. According to NSE data, the investor base in Jammu and Kashmir rose from 65,000 in 2015 to 6.51 lakh in 2025, showing a ten-fold increase, compared to the overall national investor base, which grew from 1.79 crore in 2015 to 11.28 crore [] The post Jammu and Kash

STOCKHOLM, Oct 13: Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel Memorial Prize in economics Monday for having explained innovation-driven economic growth. Mokyr is from Northwestern University, Aghion from the College de France and the London School of Economics, and Howitt from Brown University. The Nobel committee said Mokyr demonstrated that if innovations are to succeed one another in a self-generating process, we not only need to know that something works, but we also need to

NEW DELHI, Oct 12: India is estimated to have exported 7.75 lakh tonnes of sugar in the marketing season that ended September, trade body AISTA said on Sunday, urging the government to announce an early export quota for the new season. The sugar marketing season runs from October to September. Sugar exports for the 2024-25 marketing season in India were allowed on January 20, 2025. The total quantity permitted for export was 10 lakh tonnes. According to the All [] The post India exports 7.75 la

New Delhi, Oct 12: The Enforcement Directorate (ED) is learnt to have offered the option of closing a FEMA violation case against e-commerce major Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development said. The option was given by the Enforcement Directorate to Flipkart last week under the compounding rules of FEMA (Foreign Exchange Management Act). ED has given the option of compounding to Flipkart. ED has asked Flipkart to admit [] The post

NEW DELHI, Oct 10: The Supreme Court on Friday dismissed a PIL seeking an inquiry and systemic reform in drug safety mechanisms in the wake of deaths of children in Madhya Pradesh and Rajasthan allegedly due to consumption of toxic cough syrups. A bench comprising Chief Justice B R Gavai and Justices Ujjal Bhuyan and K Vinod Chandran dismissed the PIL filed by lawyer Vishal Tiwari after Solicitor General Tushar Mehta objected to it. The top law officer said the [] The post Cough Syrup Deaths: SC

NEW DELHI, Oct 8: Union Renewable Energy Minister Pralhad Joshi on Wednesday said Indias solar power generation capacity has touched the 125 GW mark, making the nation the third-largest solar energy producer. Addressing at the curtain raiser of 8th session of the International Solar Alliance Assembly, the minister said, As per CoP28 outcome, we must triple the worlds renewable energy to 11,000 GW by 2030. And solar power is the single greatest key to achieving both of these ambitions. The [] The

New Delhi, Oct 7: The government is likely to extend the deadline for the PM-KUSUM scheme once again, as two major components of the initiative have failed to achieve even 50 per cent of their targets, an official source said. Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aimed to add a solar capacity of 30,800 MW by 2022, with a total central financial support of Rs 34,422 crore, including service charges for implementing agencies. [] The post Govt

STOCKHOLM, Oct 6: Mary E Brunkow, Fred Ramsdell and Shimon Sakaguchi won the Nobel Prize in medicine on Monday for their discoveries concerning peripheral immune tolerance. Peripheral immune tolerance is one way the body helps keep the immune system from getting out of whack and attacking your own tissues instead of foreign invaders. The award is the first of the 2025 Nobel Prize announcements and was announced by a panel at the Karolinska Institute in Stockholm. Last years prize was [] The post

MUMBAI, Oct 6: Tata Chemicals on Monday said it has partnered with Monash University Malaysia to conduct research for therapeutic applications for gastrointestinal health and chronic diseases. The alliance is focused on conducting impactful research in gut microbiome and gut health, aiming to deliver relevant outcomes, Tata Chemicals said in a statement. This initiative, originally announced in Malaysia, aims to inform future therapeutic applications for gastrointestinal health and chronic dise

NEW DELHI, Oct 5: The combined market valuation of seven of the top-10 most valued firms climbed Rs 74,573.63 crore in a holiday-shortened last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities. Last week, the BSE benchmark climbed 780.71 points or 0.97 per cent, and the Nifty went up by 239.55 points or 0.97 per cent. While HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Bajaj [] The post Mcap of 7 of top-10 most valued f

Srinagar, Oct 3: Kashmir on Friday received its first automobile rake from the Jammu Division of Northern Railway, bringing new vehicles to the Valley directly from manufacturing plants, officials said. The train, carrying 116 vehicles manufactured at Maruti Suzukis Manesar plant, reached the Anantnag Goods Shed in south Kashmir on Friday morning, officials added. The arrival of the automobile carrier marks a milestone in the transportation of automobiles to Kashmir. The new vehicles had to be d

NEW DELHI, Oct 3: Shares of Jinkushal Industries on Friday listed over 3 per cent higher than the issue price of Rs 121. The stock started trading at Rs 125, up 3.30 per cent from the issue price on both the BSE and NSE. Later, the stock recovered some of the early lost ground and hit a high of Rs 128, a jump of 5.78 per cent on the BSE. But it again slipped and was trading at Rs [] The post Jinkushal Industries shares climb over 3 pc in market debut trade appeared first on Daily Excelsior .

MUMBAI, Sept 26: Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on pharmaceutical drugs from next month. The 30-share BSE Sensex tanked 733.22 points or 0.90 per cent to settle at a three-week low of 80,426.46. During the day, it dropped 827.27 points or 1 per cent to 80,332.41. The [] The post Sensex, Nifty tank

Leh, Sept 25: At least 50 people were detained as police and paramilitary forces strictly implemented curfew on Thursday in the violence-hit Leh, where four people were killed and over 89 others were injured when widespread clashes broke out a day before. A shutdown called by the Leh Apex Body (LAB) to advance talks with the Centre on demand for statehood and extension of Sixth Schedule to Ladakh had descended into violence, arson and street clashes on Wednesday. [] The post Curfew Imposed In

NEW DELHI, Sept 24: India, US talks are happening at different levels covering both trade and non-trade issues, an official said. Commerce and Industry Minister Piyush Goyal is in the US for trade talks. He is accompanied by senior officials of the ministry, including special secretary and Indias chief negotiator Rajesh Agrawal. Talks are happening at different levels, the official said, adding the minister led team is expected to return from the US later this week. Goyal has held discussions []

New Delhi, Sept 24: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved payment of Productivity Linked Bonus (PLB) of 78 days for Rs 1865.68 crore to 10,91,146 railway employees, in recognition of the excellent performance by the railway staff. Payment of PLB to eligible railway employee is made each year before the Durga Puja / Dussehra holidays. This year also, PLB amount equivalent to 78 days wages is being paid to about 10.91 lakh non-gazetted railway [] The post

Gandhinagar, Sep 23: Union Home Minister Amit Shah on Tuesday said Indias ranking on the Global Innovation Index has gone up from 91 to 38 in the last decade, and expressed confidence that it would secure a position among the top 10 in the next three years. The Startup India campaign launched under Prime Minister Narendra Modis leadership has started showing results as India now has the third largest startup ecosystem globally, and has made the countrys youth job creators [] The post India Will

KOLKATA, Sep 23: At least three persons died of electrocution in rain-hit areas of Kolkata, officials said, as very heavy overnight rainfall triggered widespread waterlogging that brought traffic, public transport and daily life in the city and its surroundings to a grinding halt on Tuesday. Three persons have died due to electrocution, as per our reports so far, an official of the Lalbazar Police Control said. Train and Metro Railway services were disrupted in the city and suburbs owing to [] T

NEW DELHI, Sep 22: Prime Minister Narendra Modi on Monday said the next generation GST reforms will boost savings and directly benefit every section of society, as he asserted that it is imperative to walk on the path of self-reliance to achieve the collective goal of Viksit Bharat by 2047. In an open letter to Indians which he posted on X, Modi said that from September 22, next generation GST reforms have begun to make their presence felt, marking the [] The post GST Reforms Will Boost Savings,

Mumbai, Sep 22: Equity benchmark indices Sensex and Nifty dropped in early trade on Monday, dragged by IT stocks amid concerns over the US President Donald Trumps decision to raise H-1B visa fees to USD 1,00,000 per worker. The 30-share BSE Sensex dropped 475.16 points to 82,151.07 in opening trade. The 50-share NSE Nifty declined 88.95 points to 25,238.10. From the Sensex firms, Tech Mahindra, Infosys, HCL Tech and Tata Consultancy Services were trading lower in the range of 3.88 [] The post St

NEW DELHI, Sept 15: Finance Minister Nirmala Sitharaman on Monday emphasised the need for regulations that foster technology innovation in a responsible manner, particularly in artificial intelligence (AI), rather than stifling it. The Government is determined to not only adopt AI technologies but also ensure their responsible application across various sectors, she said while releasing the report AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth. We do not want regulation t

NEW DELHI, Sept 15: Passenger vehicle dispatches from companies to dealers declined 9 per cent year-on-year to 3,21,840 units in August. Passenger vehicle wholesales stood at 3,52,921 units in August 2024. Two-wheeler dispatches, however, rose 7 per cent year-on-year to 18,33,921 units last month, as compared to 17,11,662 units in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said in a statement on Monday. (PTI) The post Passenger vehicle dispatches decline 9 pc to

NEW DELHI, Sep 12: Retail inflation in August rose slightly to 2.07% from 1.61% in the preceding month, mainly due to an increase in prices of vegetables, meat and fish, according to a government data released on Friday (September 12, 2025). The inflation based on the consumer price index (CPI) was 3.65% in August 2024. The annual inflation during August 2025 over August 2024 was at (-) 0.69%, according to the data released by the National Statistics Office (NSO). An [] The post Retail Inflation

NEW DELHI, Sept 12: FSIB, the headhunter for directors of state-owned banks and financial institutions, has recommended Ravi Ranjan for the position of managing director of State Bank of India (SBI). Ranjan, currently Deputy Managing Director, would replace Managing Director Vinay M Tonse, who would complete his term on November 30, 2025. Financial Services Institutions Bureau (FSIB) interviewed nine candidates on September 11, 2025, for the position of Managing Director (MD) in SBI, the Bureau

NEW DELHI, Sept 11: State-owned Indian Renewable Energy Development Agency (IREDA) on Thursday said it has raised Rs 453 crore through issuance of perpetual bonds. The issue drew strong investor interest, with total bids worth Rs 1,343 crore against the base size of Rs 100 crore and a Green-Shoe option of Rs 400 crore, a company statement said. This resulted in oversubscription by 2.69 times, reflecting growing confidence in IREDAs role as a leading financier of Indias renewable energy [] The p

NEW DELHI, Sept 10: Fitch Ratings on Wednesday upped Indias GDP growth forecast for current fiscal year to 6.9 per cent from 6.5 per cent earlier on the back of strong June quarter growth and domestic demand drivers. In its Global Economic Outlook-September, Fitch said the pace of economic activity accelerated sharply between the March and June quarters of current fiscal years, with real GDP growth rising to 7.8 per cent year-on-year, from 7.4 per cent in January-March. This was [] The post Fitc

Kathmandu, Sep 10: The Nepal Army on Wednesday imposed nationwide restrictive orders from morning till 5 pm, followed by a curfew until 6 am the next day, to curb any possible violence under the guise of protest. In a statement, the Army warned that any form of demonstration, vandalism, arson, or attacks targeting individuals and property during this period would be treated as criminal activity and dealt with accordingly. The restrictive orders are in effect throughout the country from morning [

MUMBAI, Sept 9: The rupee pared initial gains to settle 3 paise lower at 88.12 (provisional) against the US dollar on Tuesday, tracking persistent foreign portfolio outflows and global trade tensions. Forex traders said the rupee remained under pressure on worries over US tariffs on India and global trade uncertainties. Moreover, sustained foreign fund outflows also dented investor sentiments. At the interbank foreign exchange, the rupee opened at 87.98 against the US dollar and touched an intr

NEW DELHI, Sept 9: Jio Financial Services Ltd (JFSL) on Tuesday said the company and Allianz of Germany have incorporated a joint venture company named Allianz Jio Reinsurance Ltd (AJRL) to carry on the business of reinsurance in India. The company AJRL will invest an amount of Rs 2.50 lakh towards initial subscription of 25,000 equity shares of face value Rs 10 each for 50 per cent stake, JFSL said in a regulatory approval. AJRL has been incorporated pursuant [] The post Jio Financial Services

CHENNAI, Sept 9:Sundaram Home Finance has made its foray into Karnataka market and aims to make disbursements of Rs 60 crore during the first year of its operations, under the Emerging Business segment in the state. During the first phase of expansion, the Chennai-based company plans to set up 8-10 emerging business branches in Tier II and III towns in Karnataka, a press release said here on Tuesday. Sundaram Home Finance is a subsidiary of the non-banking finance company Sundaram [] The post Su

KATHMANDU, Sep 8: At least 19 people were killed and more than 300 others injured on Monday after police used force during protests by youths that rocked the Nepalese capital and other parts of the country over the governments ban on social media sites, officials said. Thousands of youths, including school students, under the banner of Gen Z, converged in front of the Parliament in the heart of Kathmandu and shouted anti-government slogans demanding immediate revocation of the ban. The [] The po

JAMMU, Sep 7: Heavy downpour again hampered the efforts of the National Highway Authority of India to restore traffic on the landslide-hit Jammu-Srinagar national highway which remained closed for the sixth consecutive day on Sunday, officials said. The pilgrimage to the Mata Vaishno Devi shrine atop Trikuta hills also remained suspended for the 13th straight day, while Border Roads Organisation (BRO) restored traffic on Basohli-Bani road in Kathua district after bypassing the damaged stretch, t

DUBAI, Sept 7: Undersea cable cuts in the Red Sea disrupted internet access Sunday in parts of Asia including India, and West East, experts said, though it wasnt immediately clear what caused the incident. There has been concern about the cables being targeted in a Red Sea campaign by Yemens Houthi rebels, which the rebels describe as an effort to pressure Israel to end its war on Hamas in the Gaza Strip. But the Houthis have denied attacking the [] The post Undersea cables cut in Red Sea, disr

NEW DELHI, Sep 5: The time-tested partnership between India and Bhutan continues to move from strength to strength, External Affairs Minister S Jaishankar said on Friday after meeting Bhutanese Prime Minister Tshering Tobgay. Various bilateral issues figured in the Jaishankar-Tobgay talks. The Bhutanese prime minister is on a visit to India. Delighted to call on PM @tsheringtobgay of Bhutan this evening. Conveyed warm greetings of PM @narendramodi. Our unique and time-tested partnership continue

NEW DELHI, Sept 5: Hydraulic fitting manufacturer HyTech Engineers Ltd has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises fresh issue of shares worth Rs 70 crore and an offer for sale (OFS) of 1.19 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Proceeds of the fresh issuance would be used for procurement of new plant and machinery for expansion [] The post

NEW DELHI, Sept 5: Adani Power on Friday said it has received shareholders approval for a stock split in the ratio of 1:5 through a postal ballot notice issued on August 1, 2025. The resolution has been considered as duly passed with the requisite majority, as mentioned in the postal ballot notice dated August 1, a regulatory filing stated. According to the notice, each equity share of Rs 10 will be sub-divided into five fully paid-up equity shares of [] The post Adani Power gets shareholders n

NEW DELHI, Sept 3: Streets turned into streams and marketplaces into pools of murky water as residents of low-lying Delhi areas rushed to save their lives and belongings as the Yamuna continued to swell. From shopkeepers in Majnu ka Tila to families in Madanpur Khadar and Badarpur, many now live in makeshift shelters, waiting for the waters to recede. The Yamuna was flowing at 207 metres on Wednesday at 1 pm. Authorities evacuated people from low-lying areas and closed the [] The post Markets un

NEW DELHI, Sept 3:Realty firm Arkade Developers Ltd on Wednesday said it has bought 14,364 sq metre land in the Mumbai Metropolitan Region (MMR) for Rs 148 crore. In a regulatory filing, the company informed that it has entered into an MoU (memorandum of understanding) to acquire 100 per cent shareholding in Woollen and Textile Industries Ltd. The proposed acquisition includes a land parcel admeasuring 14,363.60 sq metres located in Bhandup (West). The total consideration for the deal is [] The

Tianjin [China], Sept 1: Prime Minister Narendra Modi on Monday presented Indias strong stance against terrorism, calling out the some countries for their open support of terrorism and reaffirming that such double standards are not acceptable. In his remarks at the 25th Meeting of the Council of Heads of State of the SCO in the Chinese port city of Tianjin, PM Modi said that Pahalgam terror attack was an open challenge to every county who believes in humanity, and urged [] The post No Double Sta

Tianjin, Aug 31: India and China should approach their relations from a strategic and long-term perspective, Chinese President Xi Jinping told Prime Minister Narendra Modi during their talks here on Sunday. The talks between the two leaders were held on the margins of the annual summit of the Shanghai Cooperation Organisation (SCO) being held here from Sunday to Monday. Both sides need to approach and handle our relationship from strategic heights and long-term perspective so as to realise the s

NEW DELHI, Aug 31:A clear picture regarding new GST rates at the earliest will help the overall auto industry, including the luxury car segment, to regain momentum in the ongoing quarter, which generally sees enhanced sales on account of the festive season. The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation. In an interaction with PTI, BMW Group India President and CEO Hardeep Singh Brar said [] The p

TIANJIN, Aug 31: India is committed to taking forward its ties with China based on mutual trust, respect and sensitivity, Prime Minister Narendra Modi told Chinese President Xi Jinping as the two leaders held wide-ranging talks to reset the bilateral relations. In his televised opening remarks, Modi said the welfare of 2.8 billion people is linked to bilateral cooperation between India and China. The prime minister noted that there is peace and stability along the border following last years dis

MUMBAI, Aug 29:The rupee breached the 88-mark for the first time and closed at an all-time low of 88.19 (provisional) against the US dollar, registering a sharp decline of 61 paise amid heightened Indo-US trade deal tensions. Forex traders said the rupee is under persistent pressure amid the imposition of steep tariffs by the US compounded with persistent foreign fund outflows and month-end dollar demand. Moreover, a negative trend in domestic equities dented market sentiments. At the interbank

NEW DELHI, Aug 28:Navi Mumbai has nearly 24 million square feet of prime office spaces, accounting for 20 per cent of the total supply in the Mumbai Metropolitan Region (MMR), according to Cushman & Wakefield. Real estate consultant Cushman & Wakefield (C&W) on Thursday released a report, Navi Mumbai The Next Growth Corridor, highlighting that the occupancy level is also high at 87 per cent. The consultant noted that Navi Mumbai is emerging as an important office destination [] The post Navi M