Business

NBFCs’ share of incremental bank credit doubles to 14%

Bank credit surged in FY26, primarily fueled by services and retail sectors. Non-food credit saw a substantial Rs 29.2 lakh…

4 months ago

In 4 months, FPI selling in stocks surpasses $20 billion

Foreign investors have offloaded a record $20.6 billion in Indian stocks this year, exceeding 2025's highest-ever annual outflow. The recent…

4 months ago

Banks should get more active in offshore rupee trade: RBI

RBI Governor Sanjay Malhotra urged Indian banks to become global market-makers, aiming to bring rupee price discovery onshore. This move…

4 months ago

Car sales surge, SUVs drive growth

India's passenger vehicle market kicked off the new fiscal year with a robust 27% sales surge in April, reaching approximately…

4 months ago

Middle East crisis: Air India to make food optional, help cut price of tickets

Air India is exploring unbundling meals and lounge access on domestic and short international flights to combat rising costs. Passengers…

4 months ago

Commercial LPG price hiked again, up Rs 1,331 since Iran conflict started

Commercial LPG cylinder prices have surged by nearly 50%, marking the highest single-day hike by state-owned oil firms. Domestic LPG,…

4 months ago

West Asia conflict a ‘war’, government firms can invoke ‘force majeure’ clause

The Finance Ministry has declared the West Asia conflict a "war," enabling government entities to invoke 'force majeure' for public…

4 months ago