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RBI staff strength falls for first time in five years, down 2.2% in FY26

The Reserve Bank of India's workforce declined to 13,220 in FY26, marking the first fall in five years, even as employee expenditure rose on higher pension-related costs

South-East Asian markets on UPI radar as NPCI pushes global expansion

NPCI International Payments is exploring bilateral UPI linkages with Indonesia, Thailand and Malaysia to expand the global footprint of India's payments network

Commercial LPG price rises ₹42; ATF for international airlines down 27%

Oil marketing companies have increased commercial LPG prices by Rs 42 per cylinder, while aviation turbine fuel for international airlines has been cut by 27 per cent

India scales down kharif 2026 fertiliser requirement to 38.39 mn tonnes

India currently has around 19.98 million tonnes of fertilisers in stock, which means it has almost 52 per cent of the total reassessed requirement in stock as of today

New IIP series shows stronger growth in industrial output, shows data

General IIP growth rises to 6.7 per cent in 2023-24 under the 2022-23 base, compared with 5.9 per cent in the old series, and remains higher at 6.4 per cent versus 4 per cent in 2024-25

CBSE OSM row: Cong seeks Education Minister Pradhan's resignation

Congress intensifies its attack on the government over the CBSE OSM controversy, demanding accountability and the resignation of the education minister

Govt slashes expenditure by ₹60K cr to meet fiscal deficit target in FY26

In FY26, while revenue expenditure was cut by Rs 26,636 crore, capital expenditure was reduced by Rs 33,055 crore, leading to a dip in total expenditure by Rs 59,691 crore to Rs 49 trillion

Large-ticket term policies gain traction; share above ₹2 cr rises to 34%

The share of policies below ₹2 crore fell to 66 per cent from 76 per cent over the same period

No fire at office: Education ministry dismisses Cong's 'fishy' concern

Congress raises questions after a fire at the Education Ministry's Delhi office, while authorities say the blaze was controlled and the cause remains unknown

Daily DII flow data set to be more transparent; Sebi eases Invit norms

NSDL to publish daily DII investment trends, Sebi proposes InvIT rule changes, and Laser Power trims IPO size

India's industrial output grows 4.9% in April under new base year series

India's industrial output rises 4.9% in April under new IIP series, driven by manufacturing and capital goods growth

Manufacturing PMI rises to 3-month high in May as demand stays firm

Manufacturing activity expanded at its fastest pace in 3 months in May, supported by stronger domestic demand, while input cost inflation remained elevated amid continued geopolitical uncertainties

Anthropic confidentially files for US IPO as it looks to beat OpenAI

Anthropic's valuation has more than doubled from $380 billion in February, when it raised $30 billion in a funding round

Net GST revenue rises 3.3% in May as import-linked collections stay strong

Net GST revenue rose 3.3 per cent year-on-year in May, supported by strong import-linked collections, while adjusted gross revenue growth stood at 9 per cent

Data centre execution, exports revival key triggers for Cummins India

FY26 revenue grew 18 per cent Y-o-Y to ₹12,140 crore. Gross margins, which contracted in Q4, were up 60 basis points Y-o-Y to 36.8 per cent in FY26

Regulator likely to take benign view of Bharti Airtel postpaid plan

Trai is inclined to view Airtel's 5G priority postpaid plans as compliant with net-neutrality norms, while continuing to monitor their impact on users

Market volatility tests DIY and small-town mutual fund investors

Direct plan SIPs from B-30 shrink by 350K in March-April

Now, over a third of term deposits ₹5 crore+ accounts: RBI data

Large-ticket deposits are gaining prominence as banks struggle to mobilise retail savings, increasing reliance on a small pool of high-value depositors

West Asia crisis: ECLGS 5.0 draws ₹1.71 trn credit demand, says govt

Emergency credit applications have crossed Rs 1.71 lakh crore as the government moves to secure fertiliser supplies and safeguard food and energy security amid the West Asia crisis

Wockhardt eyes $1.5 bn peak sales from Zaynich, targets US launch by yr-end

Novel antibiotic to be launched in India around the same time; company to commercialise product on its own in US