Business Industry

Reliance Urges India to Ramp Up Petchem Output

By BPN News Desk
A senior executive at Reliance Industries has urged India to boost its petrochemical production urgently. At a recent industry conference, Vikram Sampat, Reliance’s strategy chief, warned that China controls nearly 40–50% of global petrochemical output, while India’s figure remains around 20%. Why It Matters China’s rapid capacity expansion has created a global
Business Finance

India Tops Fastest Digital Payments List with UPI

By BPN News Desk
India has emerged as the world’s fastest digital payments market, largely driven by the widespread use of the Unified Payments Interface (UPI). According to recent global financial assessments, India now records over 18 billion UPI transactions every month, making it the largest real-time retail payments system globally by volume. Cash and Card Use on the […]
Business Finance

SBI Readies ₹25,000 Cr QIP for Next Week

By BPN News Desk
India’s biggest public sector bank, State Bank of India (SBI), is set to kick off a major share sale worth approximately ₹25,000 crore (~US $2.9 billion) through a Qualified Institutional Placement (QIP), potentially as early as next week. The bank’s board has already given the green light, and SBI is now engaging with institutional investors for what may […]
Business Finance

Public Sector Banks to Hire ~50 000 Staff in FY 26 to Support Growth Plans

By BPN News Desk
Public sector banks (PSBs) in India are set to recruit approximately 50 000 employees during the current financial year—a strategic move to support business expansion, technological upgrades, and enhanced customer service. PSB Hiring Banks across the PSU sector are increasing recruitment to meet growing demand: Around 21 000 officer-level roles and 29 000 clerks/junior

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