Page 55 - Latest News

Govt plans mobile PLI 2.0 with $5 billion outlay to boost exports

"The PLI 2.0 for mobile phones is in the works with a focus on boosting exports. It should be in place by May. The outlay is expected to be over $ 5 bn," a source on condition of anonymity told PTI

WPI inflation rises to 38-month high of 3.88% in March on fuel, inputs

Wholesale inflation surged to a 38-month high in March, driven by fuel, primary goods, and manufactured products, with analysts expecting further upward pressure

ICICI Prudential Life gains Street favour on Q4 showing, valuations

ICICI Prudential Life Insurance posts strong Q4 with margin expansion, but persistency pressures and channel weakness remain key risks

KV Ramana Murty takes charge; Sebi gets its fourth whole-time member

Murty had earlier served as a part-time member on Sebi's board as a government nominee

Panic booking of LPG cylinders recedes as deliveries exceed bookings

LPG bookings have declined sharply from peak levels as state-run OMCs ramp up deliveries, supported by higher production and measures to manage supply disruptions

Sebi allows issuers to tweak IPO size without refiling their DRHP

Securities and Exchange Board of India eases IPO norms, allowing firms to cut fresh issue size by up to 50% without refiling DRHP amid volatile markets

Datanomics: Rupee weakens, Indian economy slips to sixth-largest

India's GDP in domestic currency terms records a CAGR of 8.56 per cent between 2021 and 2025, reflecting highest economic growth among major economies

Zerodha, Angel One, Upstox lead fall in active investors amid volatility

Retail trading activity cools as volatility and weak returns shrink NSE's active client base, with discount brokers seeing the sharpest decline

Commercial vehicle growth seen moderating to 6-7% in FY27 amid headwinds

After nearly 12% growth in FY26, CV industry to grow around 6-7% in FY27 amid headwinds from oil price volatility, monsoon-linked rural demand and macroeconomic pressures

Small Finance Banks' universal licence dream: It's a long road ahead

Weak spots in governance, asset quality, and risk discipline stall approvals

Maruti Suzuki, Hyundai, Nissan lead India's PV exports with 80% share

Tata Motors and Mahindra & Mahindra's share of total exports from India stood at 3.2%

Too early to gauge war impact on EV demand: VinFast India CEO Tapan Ghosh

VinFast on Wednesday launched the VF MPV 7, a premium electric seven-seater designed for families

Most difficult task is to declare belief of millions wrong, says SC

Supreme Court emphasises restraint in religious matters, cautioning against diluting core practices while hearing constitutional questions arising from the Sabarimala case

Balanced advantage funds ramp up equity exposure as valuations ease

Net equity holding surges to multi-year high for multiple schemes

Wheat procurement falls 69% over quality concerns in Punjab and Haryana

Punjab farmers to block rail tracks tomorrow to demand norm relaxations; Haryana eases quality norms

RBI liberalises branch rules for NBFCs, allows expansion without nod

RBI has eased branch expansion norms for NBFCs, allowing them to open branches without prior approval while retaining restrictions for weaker deposit-taking entities

RCB vs LSG HIGHLIGHTS IPL 2026: RCB humble LSG with 5-wicket win to go top of the table

The defending champions chased down 147 within 16 overs to go top of the table on the night.

TCS slows dividend tap to fund AI push, cuts payouts for second year

The company cut dividend payout and increases retained earnings as it seeks to make new investments in AI space and data centres

Investing in FDs via digital platforms offers wider choice, easy access

Digital platforms make FD investing easier, but investors must weigh risks, diversification, and post-tax returns instead of chasing high interest rates

Gold loan boom sees early stress; delinquencies rise with borrower leverage

Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for tighter regulatory oversight