NEW DELHI, Nov 4 : Anil Ambanis Reliance Group on Tuesday said there is no impact on business operations of the groups listed companies because of the EDs attachment of Rs 7,500 crore worth of properties, which is linked to a money-laundering probe. The majority of the assets attached by the Enforcement Directorate belong to Reliance Communications, which is under the control of the Resolution Professional (RP) and the committee of creditors (CoC), led by State Bank of India, the [] The post Ani

New Delhi, Nov 4: Gold and silver prices declined in domestic futures trade on Tuesday as a firm dollar and easing trade tensions between the US and China dampened the precious metals safe-haven appeal. On the Multi Commodity Exchange (MCX), gold futures for December delivery decreased by Rs 836, or 0.69 per cent, to Rs 1,20,573 per 10 grams in a business turnover of 13,332 lots. Similarly, silver futures also incurred losses on the MCX. The white metal for December [] The post Gold, Silver Decl

New Delhi, Nov 3: Prime Minister Narendra Modi on Monday said India was backing high risk and high impact research and development projects, and fostering private investments in this domain to emerge as a science and technology powerhouse. Inaugurating the first ever Emerging Science, Technology and Innovation Conclave (ESTIC), the annual flagship event involving policy-makers, innovators and global visionaries, he said his government has introduced significant reforms for a modern ecosystem of

KUALA LUMPUR (Malaysia), Nov 1: US Defence Secretary Pete Hegseth on Saturday urged Southeast Asian nations to stand firm and strengthen their maritime forces to counter Chinas increasingly destabilising actions in the South China Sea. Speaking at a meeting in Malaysia with his counterparts from the Association of Southeast Asian Nations, Hegseth reiterated US concern over what he called Chinas aggression in the disputed waters that intensified in recent months, citing incidents such as the ram

Mumbai, Oct 29: Prime Minister Narendra Modi on Wednesday exhorted global investors to take bets on the Indian shipping sector, pointing out that this is the right time for such a move. The Prime Minister also met a select chief executives of global majors, including DP World and APM, at a specially convened meeting on the sidelines of the India Maritime Week 2025 held here. For all of you hailing from different countries, this is the right time to work [] The post Modi Says Right Time To Invest

NEW DELHI, Oct 27: Business sentiments in India moderated in the second quarter of the current fiscal year, following three consecutive quarters of improvement, amid high global uncertainties, including additional US tariffs, according to the latest Business Expectations Survey of economic think tank NCAER. The National Council of Applied Economic Research (NCAER), in a statement, said the quarter was also marked by GST reforms and a reduction in tax rates, whose effects are expected to be felt

NEW DELHI, Oct 27: The Supreme Court on Monday said it is inclined to entrust to the CBI the probe into digital arrest cases after taking into consideration the magnitude and pan-India spread of such crimes, and sought details of FIRs registered in different states and union territories. A bench of Justices Surya Kant and Joymalya Bagchi issued notices to all the States and UTs on digital arrest cases and posted the suo motu cases registered by it on [] The post Inclined to entrust CBI with inv

MUMBAI, Oct 24: The rupee appreciated 10 paise to close at 87.78 (provisional) against the US dollar on Friday, supported by optimism around India-US trade talks and a decline in global crude oil prices. However, FII outflows, a stronger dollar against foreign currencies, and a weak sentiment in the domestic equity markets restricted sharp gains in the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 87.78 against the US dollar and traded in [] The p

BERLIN/NEW DELHI, Oct 24: Commerce and Industry Minister Piyush Goyal on Friday said India does not do trade agreements in hurry or with a gun to our head. He said India is actively negotiating trade pacts with countries and regions, including the European Union (EU) and the US. We are in active dialogue with the EU. We are talking to the US, but we do not do deals in a hurry and we do not do deals with deadlines or [] The post India does not do trade deals in hurry or with gun to our head: Goya

New Delhi, Oct 24: India on Friday cited Pakistans attempts to protect at the UN Security Council the terror outfit that claimed responsibility for the Pahalgam attack to point out that the global bodys work has been gridlocked in the absence of urgent reforms. External Affairs Minister S Jaishankar also criticised those equating victims and perpetrators of terrorism in the name of global strategy, in an apparent reference to hyphenation of India and Pakistan in the context of the dastardly [] T

GHAZIABAD, Oct 24: Finance Minister Nirmala Sitharaman on Friday said GST officers should be polite and empathetic in dealing with honest taxpayers and asked them to use technology for faster registration approvals and grievance redressal. She also asked field formations to proactively undertake trade facilitation measures. There is no iron wall between you and trader, there is thin air. You can understand where the difficulty is, rather than muddy it up any further, she said. Speaking at the in

Bengaluru, Oct 23: The Gaganyaan mission is progressing steadily with nearly 90 per cent of the development work being completed, ISRO Chairman V Narayanan said on Thursday. The Gaganyaan mission is Indias first human spaceflight mission under development. The Gaganyaan mission is going very well. In fact, when you talk about the Gaganyaan mission, a lot of technology development has to take place, you are aware the rocket has to be human-rated, the orbital module has to be developed, [] The po

MUMBAI, Oct 23: The rupee appreciated by seven paise to close at 87.86 (provisional) against the US dollar on Thursday, supported by a positive trend in domestic equities and risk-on sentiments amid optimism about the US-India trade deal. Forex traders said the rupee closed on a positive note as there is a growing buzz that India and the US are inching closer to finalizing a long-awaited trade deal. At the interbank foreign exchange, the rupee opened at 87.80 and touched [] The post Rupee rises

WASHINGTON, Oct 23: Indian-American author and security expert Paul Kapur has been officially sworn in as the new Assistant Secretary for the Bureau of South and Central Asian Affairs at the US Department of State. His sworn in was announced by the Bureau in a social media post on late Wednesday night. Welcome to @State_SCA, Assistant Secretary Paul Kapur! This morning Dr. Kapur was officially sworn in as the Assistant Secretary for the Bureau of South and Central Asian Affairs, [] The post Indi

CHANDIGARH, Oct 20: The number of stubble burning incidents in Punjab has reached 308, with Tarn Taran and Amritsar districts accounting for the majority of such cases, according to the Punjab Pollution Control Board data. At 113, Tarn Taran district has witnessed maximum stubble burning cases in Punjab so far, followed by Amritsar with 104 cases, as many farmers continue to burn crop residue, ignoring the state governments appeals to stop the practice. Stubble burning in Punjab and Haryana []

NEW DELHI, Oct 19: After withdrawing money on a net basis for the past three months, foreign portfolio investors (FPIs) have turned buyers with a Rs 6,480 crore investment in October so far, driven by strong macroeconomic factors. The development comes after persistent outflows in recent times, with FPIs pulling out Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July, data from depositories showed. The renewed inflow in October marks a significant [] The post Af

NEW DELHI, Oct 19: The NCLT has dismissed an insolvency plea against the Indian unit of telecom gear manufacturer ZTE filed by TVS Supply Chain Solutions after observing a pre-existing dispute between the parties. A Chandigarh-based bench of the National Company Law Tribunal (NCLT), the debt claimed by TVS Supply Chain Solutions was disputed and under reconciliation dating back to 2017, well before the statutory demand notice. In view of these facts, we hold that this being a case [] The post N

NEW DELHI, Oct 18: Finance Minister Nirmala Sitharaman on Saturday said the benefits of GST reforms are reaching consumers in the form of reduced prices. Addressing a press conference on GST Bachat Utsav, she said the government has been monitoring price cuts in 54 items across the country since the lower GST rates came into effect on September 22. GST rate reduction has resulted in increase of purchases. The consumption drive will continue, Sitharaman said. We are convinced that [] The post GS

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 17: Infrastructure company Ganesh Infraworld will begin work on two water and sewerage treatment projects worth Rs 105.77 crore in Jammu & Kashmir from December 2025, its Managing Director Vibhoar Agrawal said. The projects form part of the governments larger effort to modernise water management and sewage infrastructure in the Union Territory, particularly in the SrinagarBudgam region, which has witnessed rapid urban expansion and rising pollution levels in local water bodies. We

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