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India plans $90 billion market borrowing in April-September

NEW DELHI (Reuters) - The Indian government plans gross market borrowing of 7.5 trillion rupees ($90 billion) in the April-September period, which is 53% of the total estimate for the year, the

Gold rises Rs 150; silver declines Rs 250

New Delhi, Mar 27 (PTI) Gold price rose Rs 150 to Rs 67,000 per 10 grams in the local market on Wednesday in...

India cenbank issues advisory on banks’ investments in alternative investment funds

MUMBAI (Reuters) - India's central bank on Wednesday issued an advisory for banks relating to their investments in alternative investment funds (AIFs). Banks need to only set aside provisions to the

Govt plans to borrow Rs 7.5 lakh cr from market in first half of FY25

New Delhi, Mar 27 (PTI) The Centre is planning to raise Rs 7.5 lakh crore through market borrowing in the April-September period of...

ED attaches 24 properties worth over Rs 82 crore in bank fraud case of Parabolic Drugs

New Delhi , March 27 (ANI): The Directorate of Enforcement (ED) has attached 24 immovable and movable properties totalling Rs 82.12 crore in the...

Sensex rises 526 pts, Nifty ends above 22,100 on buying in banking, auto shares

Mumbai, Mar 27 (PTI) Benchmark Sensex climbed 526 points while Nifty closed above the 22,100 level on Wednesday following buying in banking, auto...

India can push growth close to 9 pc by implementing a few more reforms in next 5 years: Panagariya

New Delhi, Mar 27 (PTI) India can realistically push its economic growth close to 9 per cent from the current 7 per cent...

Reliance Industries shares jump nearly 4 pc; mcap again reaches Rs 20 lakh cr mark

New Delhi, Mar 27 (PTI) Shares of Reliance Industries Limited were in heavy demand on Wednesday, rising nearly 4 per cent, with its...

Shares edge higher; yen’s drop to 1990 low lifts Nikkei

By Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) - Global shares rose on Wednesday, nudged higher by a rally in Japanese stocks as the yen sagged to its weakest since 1990, while the dollar

Japan’s yen hits 34-year low, sparking intervention warnings

By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) -The yen dropped to its lowest level since 1990 on Wednesday, into the zone that triggered intervention by Japanese authorities in 2022,

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.