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Business

Morningstar DBRS Elevates India's Sovereign Rating to 'BBB', Highlighting Strong Growth Prospects

Morningstar DBRS upgrades India's sovereign credit rating to 'BBB', recognizing its economic resilience, structural reforms, and strong growth prospects. The agency cites infrastru...

Business

Bank of India Achieves Stellar 82% Profit Surge in Q4, Targets 12% Loan Growth for FY26

Bank of India reports an 82% surge in Q4 net profit to Rs 2,626 crore, driven by treasury gains and recoveries. The bank eyes 12-13% loan growth in FY26, with a strong capital adeq...

Business

India Criticizes IMF's Bailout to Pakistan, Citing Concerns Over Terrorism Funding and Economic Mismanagement

India criticizes the IMF's financial assistance to Pakistan, citing concerns over economic mismanagement and the potential funding of terrorism, while abstaining from a vote on the...

Business

Indian Public Sector Banks Achieve Historic Rs 1.78 Lakh Crore Profit in FY25 Amidst Major Reforms

Indian public sector banks have achieved a record Rs 1.78 lakh crore profit in FY25, a 26% increase from the previous year, driven by government reforms and a turnaround from FY18 ...

Business

India-UK FTA Sparks Optimism Among Domestic Medical Device Firms for Business Expansion

Domestic medical device firms in India are optimistic about the India-UK Free Trade Agreement, expecting business expansion and lower tariffs. Experts call for transparency to ensu...

Business

Amid Rising India-Pakistan Tensions, HCLTech Implements Work From Home in Key Indian Cities

HCLTech has announced work from home for employees in Chandigarh, Gurugram, and Noida due to rising India-Pakistan tensions, with future arrangements to be evaluated based on secur...

Business

Indian Rupee Stages Remarkable Recovery Against US Dollar Amid Geopolitical Tensions

The Indian rupee recovered from early losses to close higher against the US dollar, aided by RBI interventions and a correction in the US dollar index, despite geopolitical tension...

Business

Amid Rising India-Pakistan Tensions, Oil Companies Assure Public of Ample Fuel Supplies

Amid rising tensions between India and Pakistan, major oil companies IOC, BPCL, and HPCL assure the public of sufficient fuel supplies and urge against panic buying, despite recent...