Latest News, Updates & Breaking Headlines
Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies. This special drive, to be carried out from January 1 to March 2, 2026, is extended to all non-linked policies with a very attractive concession in late fee. Concession is being…
MUMBAI: The rupee weakened on Friday, slipping below the 90-per-dollar mark amid importer dollar demand and thin liquidity, while markets assessed the RBI’s intervention stance and global risk cues. The currency closed 23 paise lower at 90.20 per dollar from Thursday’s close of 89.97. It opened around 89.95 and moved between an intraday high of…
MUMBAI: In what will be its third NCD offering since its incorporation in 1993, Adani Enterprises will enter the bond market next week with a Rs 1,000 crore issue. The funds raised through the non-convertible debentures (NCDs) will largely be used to pare debt of over Rs 70,000 crore as of Sept 2025. The issue…
India foreign trade (Image for representation) NEW DELHI: Govt is pushing Russia to lower barriers for export of Indian electronics, engineering goods, food products and fisheries as part of its efforts to get Moscow to use the $50-55 billion equivalent of roubles lying in bank accounts due to the oil-induced trade balance. For electronics, software…
NEW DELHI: With intense cold conditions prevailing in northern states, power consumption in Dec 2025 registered nearly 7% growth compared to Dec 2024. The number of electrical units consumed last month stood at 138.4 billion, up from 129.4 billion in Dec 2024. Source link
India is set to emerge as one of the world’s top four semiconductor manufacturing nations by 2032 and aims to become the best by 2035, driven by its talent base and expanding ecosystem, Union minister for electronics and IT Ashwini Vaishnaw said on Friday, reported PTI .Speaking on the sidelines of an event announcing approval…
The government on Friday announced a Rs 7,295-crore export support package aimed at improving exporters’ access to credit, comprising a Rs 5,181-crore interest subvention scheme and a Rs 2,114-crore collateral support measure, officials said.Both interventions will be implemented over a six-year period from 2025 to 2031 and form part of the Rs 25,060-crore Export Promotion…
Wall Street and major global equity markets began 2026 on an upbeat note on Friday, buoyed by optimism around artificial intelligence-led growth and strong gains in technology stocks, AP reported.In early trade, the S&P 500 rose 0.4 per cent, extending gains after closing 2025 with a rise of more than 16 per cent. The Nasdaq…
Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global markets…
India’s foreign exchange reserves rose by $3.293 billion to $696.61 billion in the week ended December 26, data released by the Reserve Bank of India showed on Friday, PTI reported.The overall reserves had increased by $4.368 billion to $693.318 billion in the previous reporting week, indicating a continued strengthening of the country’s external buffer.According to…
