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Business
Bank Credit Growth Surges to 19.1% in July as Lending Increases Across Multiple Sectors
Bank lending in India experienced a significant surge in July, with non-food bank credit growing by 19.1% year-on-year for the fortnight ending July 31, 2026. This marks a substantial increase…
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Business
Bank Robbery Leads to Stolen Gold Case Outcomes Revealed
A recent ruling by the Karnataka State Disputes Redressal Commission has clarified the responsibilities of banks regarding gold jewellery pledged as collateral for loans. The case arose when a Tumkur…
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Business
Oil Prices Surge Over 2% as US-Iran Direct Conflict Resumes After Month-Long Hiatus
Oil prices surged over 2% on Monday, driven by renewed tensions in the Middle East. Brent crude rose by $1.86, or 2.11%, reaching $89.96 per barrel, while WTI crude increased…
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Business
Rupee Declines 13 Paise to 95.56 Amid Rising Crude Prices and Strengthened Dollar from Fed Hike Expectations
Rupee opened weaker on Monday, trading at 95.56 against the US dollar, down 13 paise from its previous close of 95.43. The decline is attributed to rising crude oil prices…
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Business
Expansion of Indian Railways: Enhancing Busiest Routes to Accommodate 41% of National Rail Traffic
Indian Railways is set to enhance its capacity on seven high-density routes by expanding tracks to four lanes. Railway Minister Ashwini Vaishnaw announced this initiative, aimed at meeting the increasing…
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Business
Global Interest Grows as 3,317 Buyers Register for BIRC 2026 in India’s Rice Bowl
India’s rice exporters are gearing up for a significant international event this October, with 3,317 buyers from 138 countries registered for the Bharat International Rice Conference (BIRC) 2026. Scheduled from…
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Business
India’s Historic Purchase of Russian Crude Oil: Refining and Reselling Petrol Amidst Russia’s Import Needs
India has emerged as a key supplier of gasoline to Russia, filling a significant gap in the latter’s fuel supply. In August, Russia’s seaborne gasoline imports reached a record 125,000…
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Business
AI Poised to Drive Growth in Indian IT Sector by FY27, Says Anand Rathi
The Indian IT services sector is poised for a potential growth surge as global technology spending shifts towards enterprise-level artificial intelligence (AI) deployment. A report by Anand Rathi indicates that…
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Business
Trump Criticizes Canada as ‘Worst’ Trade ‘Abuser’, Calls on Companies to Relocate to the US
US President Donald Trump has intensified his criticism of Canada, alleging that the United States loses over $60 billion annually in trade with its northern neighbor. In a post on…
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Business
HDFC Bank CEO Announces Departure Plans Following Chair’s Resignation
Sashidhar Jagdishan, Managing Director and CEO of HDFC Bank, has announced he will not seek a third term and will retire on October 26. His six-year tenure has been marked…
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Business
Understanding the US-Venezuela Energy Pact: Insights into Trump’s Major Oil Deal
US President Donald Trump has announced a long-term energy pact with Venezuela, which he describes as “the biggest oil deal in world history.” The agreement, negotiated by senior officials including…
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Business
Union and Canara Bank Set to Appeal NCLT’s Order on Chandra Case
MUMBAI: Canara Bank and Union Bank of India are contesting the National Company Law Tribunal’s (NCLT) approval of a repayment plan proposed by Zee group founder Subhash Chandra. The plan…
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Business
Anticipating Increased Japanese Portfolio Investments
Nippon Life India Asset Management Company MD and CEO Sandeep Sikka, recently re-elected as president of the Association of Mutual Funds in India (AMFI), participated in a 200-member business delegation…
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Business
September 2026 Bank Holidays: State-wise Schedule of Bank Closures
September will see a series of bank holidays across India, impacting customers who rely on physical branch services. According to the Reserve Bank of India’s holiday calendar, these closures will…
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Business
AI in Retail: Consumers Seek Advice from Artificial Intelligence, Yet Trust Remains Low
Traditionally, consumers relied on friends, family, and online reviews for shopping advice. However, a new player has entered the scene: artificial intelligence. Despite its growing presence in the shopping journey,…
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