Getting LPG cylinders is set to become easier for migrant workers, students and daily wage earners! The government, on Sunday, allowed 5-kg Free Trade LPG cylinders to be sold without address proof, making it simpler for migrant workers, students and daily-wage earners to access cooking fuel. All that is needed now is a valid ID…
Precious metal prices in India are expected to remain moderately strong in fiscal year 2026–27, supported by ongoing global uncertainty. Geopolitical tensions, fears of trade wars and concerns about a possible global recession are likely to boost demand for safe-haven assets like gold and silver. However, high interest rates may limit sharp price gains. The…
Hyderabad: Aurobindo Pharma’s board on Monday approved a Rs 800 crore share proposal to buy back up to 54.23 lakh fully paid-up equity shares of the company of face value Rs 1 each at Rs 1,475 a share.The proposed buyback, which is subject to regulatory and statutory approvals, represents up to 0.93% of the total…
The Supreme Court of India on Monday declined to stay proceedings in a plea filed by Vedanta Limited challenging the approval of AdGroup’s resolution plan for the takeover of insolvent Jaiprakash Associates Limited.A Bench led by Chief Justice of India Surya Kant observed that since the appeal is likely to be decided shortly by the…
A unit of Reliance Industries has reportedly started loading a 2-million-barrel shipment of Venezuelan crude. The oil has directly procured from state-run oil firm Petróleos de Venezuela, SA (PDVSA), according to a company document and shipping data on Monday, cited by Reuters.Reliance Industries secured a US general licence in February 2026, following an application in…
Bengaluru: Amazon is preparing to scale down its 4-24 hour grocery delivery service, Amazon Fresh, in several major Indian cities as it sharpens focus on its quick commerce offering, AmazonNow, according to a UBS Global Research report.The transition is expected to play out across 10-15 large urban markets where AmazonNow is being expanded, effectively replacing…
New Delhi: In a major change in policy, govt has increased the time allowed for construction of 6-10 km-long bridges across rivers such as Ganga and Brahmaputra to six years and for 2.5-6 km-long bridges on Mahanadi and Godavari to five years. The timelines have been revised from the current 24-30 months.Similarly, the construction period…
Foreign firms leased a record 9.1 million square feet of office space across India’s top nine cities during the January-March quarter to set up Global Capability Centres (GCCs), highlighting strong demand for workspaces, PTI reported citing CBRE data.Real estate consultant CBRE said total gross leasing of office space rose 5% to 20.7 million square feet…
The rupee appreciated by 28 paise to close at 92.90 against the US dollar on Monday, supported by the Reserve Bank’s measures aimed at curbing speculative activity and reducing volatility, PTI reported.Forex traders said that while the RBI’s actions are positive for the currency, continued foreign fund outflows, a firm dollar and elevated crude oil…
Mumbai : Bank earnings in FY26 are set to shift from margin-led gains to volume-driven growth, even as funding pressures intensify with banks increasingly tapping costly wholesale sources to sustain credit expansion. According to data released by RBI, system-level advances grew 13.8% as of March 15, outpacing deposit growth of 10.8%, widening the gap between…
