Page 1908 - Latest News
Ashok Leyland ties up with China's CALB to advance lithium-ion battery tech
Ashok Leyland's collaboration with a Chinese cell-making behemoth, if successful, could serve as a test case for some of the largest Indian conglomerates
 "Ashok Leyland ties up with China's CALB to advance lithium-ion battery tech")
Nifty may take a breather; Tata Steel, Power Grid among top stocks to buy
Looking ahead, a temporary breather cannot be ruled out, with immediate support placed around 24,900-25,000
 "Nifty may take a breather; Tata Steel, Power Grid among top stocks to buy")
Earthquake of 6.2 magnitude hits northwest Venezuela, no damage reported
People felt the earthquake in several states, and in neighbouring Colombia. Many evacuated residential and office buildings in areas near the border
 "Earthquake of 6.2 magnitude hits northwest Venezuela, no damage reported")
Breakout stocks to buy today, Sep 25: NTPC, Amber, Tata Consumer
NTPC, Amber Enterprises, and Tata Consumer are the top picks of Ruchit Jain, head of equity technical research, wealth management, Motilal Oswal Financial Services
 "Breakout stocks to buy today, Sep 25: NTPC, Amber, Tata Consumer")
Cash market activity will revive as confidence builds: Pranav Haridasan
Brokers must differentiate through advisory, technology, and customer experience rather than relying solely on pricing, MD and CEO of Axis Securities said
 "Cash market activity will revive as confidence builds: Pranav Haridasan")
India's software exports race ahead, but listed IT firms fall behind
India's software exports rose 12.7% in FY25, yet listed IT groups saw only 3.8% growth, with market share slipping as unlisted firms and GCCs expand faster
 "India's software exports race ahead, but listed IT firms fall behind")
Listed firms' investments in mutual funds touch record ₹3.8 trillion
Cash buildup, limited capex appetite push firms towards fund houses
 "Listed firms' investments in mutual funds touch record ₹3.8 trillion")
Typhoon hits Hong Kong, China after killing dozens in Taiwan, Philippines
In Taiwan, 17 people died on Wednesday after floods submerged roads and carried away vehicles in one county, and 10 deaths were reported in the northern Philippines
 "Typhoon hits Hong Kong, China after killing dozens in Taiwan, Philippines")
Air Force use would have slowed Chinese offensive in 1962 war: CDS Chauhan
Speaking about the war with China 63 years ago, he noted the forward policy should not have been applied uniformly to Ladakh and NEFA (North-East Frontier Agency) or present-day Arunachal Pradesh
 "Air Force use would have slowed Chinese offensive in 1962 war: CDS Chauhan")
China, largest carbon polluting nation, announces new goal to cut emissions
It came as more than 100 world leaders lined up Wednesday to talk of increased urgency and the need for stronger efforts to curb the spewing of heat-trapping gases
 "China, largest carbon polluting nation, announces new goal to cut emissions")
RBI paper says monetary policy transmission to NBFCs remains incomplete
RBI research shows incomplete transmission of policy rates to NBFCs as higher borrowing costs, risk perception and reliance on banks and markets dampen rate adjustments
 "RBI paper says monetary policy transmission to NBFCs remains incomplete")
GSTAT rollout from Oct to ease GST litigation and unlock business capital
The GST Appellate Tribunal will begin phased rollout in October 2025 with digital filing, faster appeals, and backlog clearance to ease GST litigation and free up capital
 "GSTAT rollout from Oct to ease GST litigation and unlock business capital")
RBI renews Statement of Commitment to FX Global Code for FX markets
The Reserve Bank of India has renewed its Statement of Commitment to the FX Global Code, reaffirming adherence to principles promoting integrity in foreign exchange markets
 "RBI renews Statement of Commitment to FX Global Code for FX markets")
RBI sold $2.5 billion in July, Reer fell to 98.79, lowest since Feb 2019
During the current financial year, the RBI was a net buyer of the greenback only in May, while it remained a net seller in the other three months, April, June, and July
 "RBI sold $2.5 billion in July, Reer fell to 98.79, lowest since Feb 2019")
Tata Capital, Groww: BFSI sector gears up for ₹58,000-crore IPO push
The financial sector pipeline is dominated by Tata Capital's ₹17,000 crore issue, followed by ICICI Prudential Asset Management and Billionbrains Garage Ventures, the parent of Groww
 "Tata Capital, Groww: BFSI sector gears up for ₹58,000-crore IPO push")
September RBI bulletin: Stage is set for 'virtuous cycle' of investment
Net FDI inflows at 38 month high in July; GST rate cut to lower retail prices, boost consumption
 "September RBI bulletin: Stage is set for 'virtuous cycle' of investment")
Outward remittances under LRS fell 11% to $2.45 billion in July: RBI
According to the latest RBI data, the amount remitted under LRS was down from $2.75 billion recorded in July 2024
Higher adoption of UPI leads to lower cash demand, RBI study shows
The study, authored by the RBI staff, found that UPI volumes are negatively correlated with cash demand, underscoring its role as a substitute for physical currency
 "Higher adoption of UPI leads to lower cash demand, RBI study shows")
Despite defence pact with Pakistan, India remains Saudi's key trade partner
Saudi-Pakistan defence pact underlines Islamabad's reliance on Riyadh, while India's ties rest on larger trade and diversified remittances
 "Despite defence pact with Pakistan, India remains Saudi's key trade partner")
Coromandel signs pact with Veolia to expand Vizag desalination capacity
Coromandel and Veolia partner to expand Vizag desalination plant from 6 MLD to 9 MLD under BOO model, ensuring long-term water resilience and sustainable operations
 "Coromandel signs pact with Veolia to expand Vizag desalination capacity")