New Delhi, July 23 — The Indian government has strongly denied claims made in a recent Reuters report that questioned the reliability of the country’s official unemployment data. The Ministry of Labour & Employment said the article was based on the opinions of about 50 unnamed economists, without using any verifiable data or detailed research….
New Delhi, July 22 : Indian stock markets showed strength in June 2025, even with some mid-month volatility caused by global tensions. A new report by PL Asset Management credits this resilience to solid domestic economic data and improving investor confidence. The Nifty 50 index rose 3.1% in June and posted a 6.3% return over…
India is expected to grow by 6.6% in the financial year 2025–26 (FY26), according to a new report by Standard Chartered Bank. This is slightly higher than the 6.5% growth expected in FY25. The growth will be helped by stronger consumer demand, lower interest rates, recent income tax cuts, good monsoon rains, and the chance…
New Delhi, July 22: The State Bank of India (SBI) has again marked Reliance Communications Limited (RCOM) and its promoter Anil D. Ambani as “Fraud.” This was shared by Minister of State for Finance, Pankaj Chaudhary, in Parliament. He said this action follows the Reserve Bank of India (RBI) rules on managing fraud and SBI’s…
New Delhi, July 19 — In a proud moment for Indian Railways, the Banaras Rail Engine Factory (BLW) has reached a major milestone by producing and delivering its 2,500th electric locomotive. This electric engine is of the WAP-7 class, with 6000 horsepower, and can run at speeds of up to 140 km/h. The new engine…
New Delhi, July 19 — India has been praised for its global leadership in developing food standards, especially for whole millet grains. This recognition came during the 88th Session of the Codex Alimentarius Executive Committee (CCEXEC88), held at the FAO Headquarters in Rome, Italy, from July 14 to 18. India is leading the work on…
Mumbai, July 19 — Central Bank of India has shared strong results for the first quarter of the financial year 2025–26 (Q1 FY26). The bank reported a 33% rise in profit compared to the same time last year. The bank made a net profit of ₹1,169 crore between April and June 2025. This is up…
New Delhi, July 19 — Northeast India, once seen as a far-off region, is now becoming very important for India’s growth. The area is rich in important minerals like lithium, cobalt, rare earth elements, graphite, and vanadium. These minerals are used in clean energy, batteries, smartphones, medical tools, and more. The Indian government is working…
Mumbai, July 18 — In a major step toward modernising India’s power market, the National Stock Exchange (NSE) has officially launched Monthly Electricity Futures Contracts under its commodity derivatives segment. This new product aims to give energy buyers and sellers better tools to manage price risks and plan investments more effectively. Tuhin Kanta Pandey, Chairman…
Mumbai, July 18 — Sify Technologies Limited, a top Information and Communication Technology (ICT) company in India, reported a much higher loss in the first quarter of the current financial year. The company said it had a net loss of ₹38.9 crore, compared to a loss of ₹5.2 crore in the same quarter last year….
