SBI posts record ₹21,121 crore quarterly profit, loan growth tops 18 percent
Aug 07, 2026, at 06:42 pm
Public sector lender State Bank of India (SBI) on Friday reported its highest-ever quarterly net profit of ₹21,121 crore, driven by robust loan growth across key business segments.
L&T wins offshore orders from ONGC
Aug 07, 2026, at 06:14 pm
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured a batch of orders from the Oil & Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project off India's west coast.
Sensex crashes over 500 points, Nifty slips below 24,600 as global jitters hit Dalal Street
Aug 07, 2026, at 02:00 pm
Mumbai/IBNS: Indian equity markets witnessed a sharp sell-off on Friday, with the benchmark BSE Sensex plunging more than 500 points and the NSE Nifty 50 slipping below the 24,600 mark amid weak global cues and cautious investor sentiment.
Infosys lands 10-year AI deal with Crocs to drive global digital transformation
Aug 07, 2026, at 10:43 am
Indian IT services major Infosys has signed a 10-year strategic agreement with Crocs, Inc., the global casual footwear company, to accelerate the retailer's enterprise-wide digital transformation through AI-first technologies.
Why Swiggy shares jumped over 5% today: Inside its ₹10,000-crore FY31 growth plan
Aug 06, 2026, at 02:07 pm
Mumbai/IBNS: Swiggy shares surged more than 5 percent on Thursday after the company unveiled an ambitious five-year growth strategy at its Capital Markets Day 2026, according to media reports.
Markets open in green, but all eyes are on the Strait of Hormuz
Aug 06, 2026, at 11:13 am
Mumbai/IBNS: The Indian stock market opened marginally higher on Thursday, with gains in select heavyweight stocks offset by losses in other sectors, keeping the benchmark indices largely range-bound.
Air India appoints former Ethiopian Airlines Chief Tewolde Gebremariam as CEO & MD
Aug 05, 2026, at 10:49 pm
Air India on Wednesday appointed veteran aviation executive Tewolde Gebremariam as its new Chief Executive Officer (CEO) and Managing Director (MD), succeeding Campbell Wilson, who stepped down earlier this year.
UPI users alert! Charges on high-value transactions may be around the corner
Aug 05, 2026, at 06:15 pm
The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value digital payments.
Plastic money is coming! RBI targets launch of Polymer notes next financial year
Aug 05, 2026, at 04:43 pm
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said polymer-based currency notes are expected to enter circulation from the beginning of the next financial year, subject to the successful completion of ongoing pilot trials.
Visa fires 2,600 employees worldwide, Indian staff shocked by early morning layoff emails
Aug 05, 2026, at 02:32 pm
Global payments giant Visa has laid off around 2,600 employees, or about 7 percent of its global workforce, with several of those affected based in India.
Ola Electric stock jumps 10%! Here's what triggered the sharp rally
Aug 05, 2026, at 12:43 pm
Mumbai/IBNS: Shares of Ola Electric Mobility Ltd. surged more than 10 percent on Wednesday after the company announced its first partnership under the newly unveiled Ola Mahashakti platform, according to media reports.
No rate cut! RBI keeps repo rate unchanged, sees 6.7% growth but warns inflation will rise
Aug 05, 2026, at 12:20 pm
Mumbai/IBNS: The Reserve Bank of India (RBI) on Wednesday projected India's real GDP growth at 6.7 per cent and retail inflation at 5 per cent for the financial year 2026-27 in its latest Monetary Policy Statement.
Strait of Hormuz disruption rattles global energy, fertilizer and industrial trade, says ITC
Aug 05, 2026, at 09:14 am
A recent analysis has found that the disruption in the Strait of Hormuz, amid the Iran-US conflict, has exposed the vulnerability of global trade to a single maritime chokepoint, with early data showing sharp falls in exports of energy, fertilizers and industrial products.
Aditya Birla Health launches Activ Yuva plan, targets young adults
Aug 05, 2026, at 12:29 am
Private insurer Aditya Birla Health Insurance Company Ltd (ABHICL) on Tuesday said its newly launched Activ Yuva plan is aimed at increasing insurance penetration among young Indians aged 25 to 35 years, a demographic where coverage remains relatively low.
Visa's $2.4 billion BioCatch acquisition aims to strengthen fraud protection
Aug 04, 2026, at 06:56 pm
Visa on Tuesday announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioural-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in cash.
IMFA eyes major capacity boost as Kalinganagar Greenfield project nears commissioning
Aug 04, 2026, at 06:31 pm
Indian Metals & Ferro Alloys Ltd (IMFA), India's largest producer of ferro chrome, on Tuesday said its greenfield expansion project at Kalinganagar (KNR 1) is progressing on schedule after receiving the required Consent to Operate (CTO) and Factory Licence.
Aug 04, 2026, at 05:26 pm
Jupiter Wagons Ltd (JWL) on Tuesday announced a strategic partnership with Italy's Lucchini RS Holding S.p.A. (LRS) to establish India's first fully integrated private-sector railwheel manufacturing platform.
FSSAI orders Dabur to stop selling certain products with '100%' claims—Here's why
Aug 04, 2026, at 05:09 pm
The Food Safety and Standards Authority of India (FSSAI) has directed Dabur India Ltd to immediately stop the sale of several food products carrying allegedly misleading "100 per cent" claims, according to media reports.
L&T bags ultra-mega offshore contract from ADNOC for major Middle East project. All details here
Aug 04, 2026, at 03:22 pm
L&T Energy Hydrocarbon Offshore (LTEH Offshore) on Tuesday announced that it has secured an ultra-mega offshore contract from ADNOC Offshore for a major energy project in the Middle East.
India nears 100% banking coverage! Finance Ministry reveals major milestone
Aug 03, 2026, at 06:16 pm
The Union Finance Ministry on Monday informed Parliament that India has achieved near-universal banking coverage, with 99.92 percent of inhabited villages now served by a banking outlet.
GRSE receives ONGC contract for construction of four platform supply vessels
Aug 03, 2026, at 05:37 pm
Reinforcing India's push for self-reliance in maritime manufacturing, Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has received a Notification of Award (NoA) from Oil and Natural Gas Corporation Ltd. (ONGC) for the construction of four Platform Supply Vessels (PSVs).
Indian Railways hits new milestone! Freight jumps 9 percent, 63 crore passengers travelled in July
Aug 03, 2026, at 04:39 pm
Indian Railways on Monday said it maintained strong operational momentum in July 2026, recording healthy growth in both freight and passenger segments.
Stock Market roars back! Nifty surges 390 points to reclaim 24,700
Aug 03, 2026, at 04:23 pm
The Indian equity market extended gains for the fourth straight session on Monday with Nifty closing over the 24,700 mark.
AI could change India's biggest IT business model, says market veteran
Aug 03, 2026, at 03:24 pm
Veteran investor Raamdeo Agrawal believes artificial intelligence (AI) could fundamentally reshape India's IT services industry, particularly as businesses increasingly adopt enterprise AI solutions.
India's coal production rises 7.51 percent in July 2026; dispatch grows 17.34 percent
Aug 02, 2026, at 10:43 pm
India's coal production rose 7.51% year-on-year in July 2026, reflecting steady growth in the sector, according to government data released on Sunday.
Zoho founder explains why India's IT boom is no longer creating jobs
Aug 02, 2026, at 08:24 pm
Zoho founder and Chief Scientist Sridhar Vembu has warned that India's biggest challenge is creating enough jobs for its growing youth population amid an uncertain global economic environment, saying the IT industry is no longer generating employment at the pace it once did.
PM-KISAN extended for five more years: Here's what it means for over 9 crore Indian farmers
Jul 31, 2026, at 08:27 pm
The Union Cabinet chaired by Prime Minister Narendra Modi has approved continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme from 2026–27 to 2030–31.
L&T Energy Hydrocarbon onshore signs six-year EPC agreement with Petroleum Development Oman
Jul 31, 2026, at 06:49 pm
Mumbai, July 31, 2026: L&T Energy Hydrocarbon Onshore has signed a six-year engineering, procurement and construction Framework Agreement with Oman’s leading oil and gas company, Petroleum Development Oman (PDO), further strengthening the long-standing partnership between the two organisations.
Air India, SkyDrive and Suzuki sign MoU for feasibility study of medical air logistics in India
Jul 31, 2026, at 06:29 pm
Airline major Air India Limited, SkyDrive Inc., a company engaged in the development, manufacture, and sales of eVTOL aircraft, and Suzuki Motor Corporation have signed a memorandum of understanding (MoU) to conduct a joint feasibility study on the use of eVTOL aircraft for medical air logistics in India.
Maldives launches Favara-UPI cross-border payment service with India. Key details and all features
Jul 31, 2026, at 03:09 pm
The Maldives Monetary Authority (MMA) on July 30 announced the successful launch of the integration between the Maldives' instant payment system, Favara, and India's Unified Payments Interface (UPI).