Page 348 - Latest News
Magicpin raises Rs 15 cr debt from Stride Ventures to deepen AI play
The venture debt route allows Magicpin to raise capital without significant equity dilution
 "Magicpin raises Rs 15 cr debt from Stride Ventures to deepen AI play")
World Bank raises India FY27 growth forecast to 6.6% amid headwinds
World Bank upgrades India's FY27 growth outlook to 6.6% on strong domestic demand, but flags inflation risks and slowdown due to West Asia conflict
 "World Bank raises India FY27 growth forecast to 6.6% amid headwinds")
Sebi tightens lock-in norms; LIC jumps on bonus plan; IFSCA cancels licence
Shares of Life Insurance Corporation of India (LIC) surged nearly 7 per cent on Wednesday, a day after the state-owned insurance major said it will consider a bonus issue
 "Sebi tightens lock-in norms; LIC jumps on bonus plan; IFSCA cancels licence")
MNRE, finance ministry in talks to launch PLI scheme for polysilicon
The ministry is in discussions with the finance ministry to introduce incentives for domestic polysilicon production, aiming to reduce import dependence and build a fully integrated solar manufacturin
 "MNRE, finance ministry in talks to launch PLI scheme for polysilicon")
Indian refiners begin talks for cargo via Hormuz, await shipping cos' nod
Indian oil companies are expected to prioritise LPG supplies from the region as refiners await shipping firms' approval to resume cargo movement through the Strait of Hormuz
 "Indian refiners begin talks for cargo via Hormuz, await shipping cos' nod")
RBI maintains status quo, sees FY27 growth at 6.9% with downside risks
Projects inflation to rise to 4.6% in FY27 from 2.1% in FY26, GDP growth to slow to 6.9% from 7.6%
 "RBI maintains status quo, sees FY27 growth at 6.9% with downside risks")
Markets soar on fragile Iran-US ceasefire, crude fall boosts sentiment
Sensex surged nearly 4 per cent in its biggest gain in five years as ceasefire eased oil prices, boosted sentiment and triggered broad-based buying across sectors
 "Markets soar on fragile Iran-US ceasefire, crude fall boosts sentiment")
Cabinet clears draft bill for amendments to Women Reservation Act
The government has extended the budget session of Parliament and a special three-day sitting will be held from April 16 to 18, where the amendment bill is expected to be passed
 "Cabinet clears draft bill for amendments to Women Reservation Act")
First phase of PM-KUSUM scheme failed to meet targets, says report
Launched in 2019, the PM-KUSUM scheme is India's flagship programme to promote solar energy in agriculture
 "First phase of PM-KUSUM scheme failed to meet targets, says report")
Hormuz remains open, JD Vance to hold talks with Pak on Sat: White House
Press Secretary Karoline Leavitt described the ceasefire as a "historically swift and successful military triumph," saying US operations had weakened Iran's military capabilities
 "Hormuz remains open, JD Vance to hold talks with Pak on Sat: White House")
IPL 2026 points table: DC, MI, KKR, GT standings; top batters and bowlers
RR's Yashasvi Jaiswal is currently leading the Orange Cap leaderboard, while RR's Ravi Bishnoi holds the lead in the Purple Cap leaderboard
Cabinet clears ₹40,000 crore hydropower projects in Arunachal Pradesh
Cabinet approves Rs 40,000 crore investment in two hydropower projects in Arunachal Pradesh to boost power supply, support flood control and strengthen the national grid
 "Cabinet clears ₹40,000 crore hydropower projects in Arunachal Pradesh")
US, Iran agree to talk in Islamabad even as Hormuz stays blocked for now
Further adding to uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked
 "US, Iran agree to talk in Islamabad even as Hormuz stays blocked for now")
Centre hikes non-urea fertiliser subsidy 10-21% amid West Asia crisis
Government raises non-urea fertiliser subsidy by up to 21 per cent for kharif 2026 to shield farmers from rising global prices and supply disruptions linked to West Asia tensions
 "Centre hikes non-urea fertiliser subsidy 10-21% amid West Asia crisis")
RBI policy prudent, well-calibrated: Bankers welcome regulatory measures
Bankers back RBI's status quo on rates, calling it a prudent move amid global uncertainty, while welcoming steps to boost capital and MSME liquidity
 "RBI policy prudent, well-calibrated: Bankers welcome regulatory measures")
Iran truce excludes Lebanon, strikes on Hezbollah to continue: Netanyahu
Netanyahu said a ceasefire with Iran does not apply to Hezbollah, indicating that Israeli military operations against the group would continue despite the truce
 "Iran truce excludes Lebanon, strikes on Hezbollah to continue: Netanyahu")
RBI goes for extended pause before rate hike amid rising uncertainties
RBI holds rates and signals a prolonged pause, balancing strong domestic fundamentals against rising global risks and persistent uncertainty
 "RBI goes for extended pause before rate hike amid rising uncertainties")
IPM growth at 10.5% marks 5-qtr high on steady pricing, volume recovery
Indian pharma market's growth was led more by price increases that an uptick in consumption
 "IPM growth at 10.5% marks 5-qtr high on steady pricing, volume recovery")
Reliance Retail 7th among top 100 VC-backed private firms globally: Study
Reliance Retail ranks 7th globally among private firms, as India places three companies in the top 100 dominated by AI giants
 "Reliance Retail 7th among top 100 VC-backed private firms globally: Study")
West Asia crisis: Brent above $100 could slice corporate margins by half
BS 1000 companies brace for potential earnings collapse if crude keeps climbing
 "West Asia crisis: Brent above $100 could slice corporate margins by half")