Business

Reliance to Double Investment in Gujarat: Ambani

By BPN News Desk January 12, 2026

Mukesh Ambani, Chairman of Reliance Industries Ltd., announced on January 11, 2026 that his company will double its investment in Gujarat over the next five years. Speaking at the Vibrant Gujarat Regional Conference in Rajkot, he said Reliance had invested about ₹3.5 lakh crore in the state in the past five years and now plans […]

Business Markets

FPIs Extend Selling Streak in Indian Markets

By BPN News Desk January 12, 2026

Foreign portfolio investors continued their selling spree in Indian equities in January, pulling out nearly ₹11,800 crore so far this month. The sustained outflows have added to market volatility during the early part of the year, even as domestic investors provided some support. Reasons Behind the Outflows Market participants attribute the continued selling to global […]

Business Finance

Union Budget to Be Presented on February 1

By BPN News Desk January 10, 2026

The Union Government has finalised the schedule for the presentation of the Union Budget for the upcoming financial year. The Union Budget will be presented in Parliament on Sunday, February 1, while the Economic Survey will be tabled on January 29, setting the stage for detailed discussions on the state of the economy. The Budget […]

Business

Reliance to Consider Venezuelan Oil Purchases If Permitted

By BPN News Desk January 9, 2026

Reliance Industries Ltd on Thursday said it would consider purchasing crude oil from Venezuela if sales to non-US buyers are formally allowed under prevailing international regulations. The company clarified that any such decision would be taken strictly within the framework of global sanctions and trade compliance. Awaiting Policy and Regulatory Clarity A spokesperson for

Business

Reliance Says No Russian Oil Expected in January

By BPN News Desk January 6, 2026

Reliance Industries Ltd has said it has not received any Russian crude oil in the last three weeks and does not expect any deliveries from Russia during January. The company issued a clarification after reports claimed that tankers carrying Russian crude were heading to its Jamnagar refinery in Gujarat. Statement on Crude Procurement Reliance said […]

Business

Zomato CEO Says 5,000 Delivery Workers Leave or Are Terminated Monthly

By BPN News Desk January 6, 2026

Zomato’s founder and CEO Deepinder Goyal said the company sees around 5,000 delivery partners terminated each month, mainly due to fraud or misuse of the platform and performance-related issues. He described this figure as part of the normal turnover in a large gig workforce, rather than widespread arbitrary dismissals. Gig Work Is Highly Transient Goyal […]

Business

Reliance Shares Hit Record High for Fourth Session

By BPN News Desk January 5, 2026

Shares of Reliance Industries Ltd continued their upward momentum for the fourth consecutive trading session, touching a fresh record high during intraday trade. The stock gained amid strong investor interest, even as broader equity markets remained volatile. Reliance remains India’s most valuable listed company by market capitalisation. Strong Buying Interest Seen Market

Business Markets

Markets End Lower After Early Strong Start

By BPN News Desk January 5, 2026

Indian equity markets opened the week on a positive note, with GIFT Nifty futures indicating a strong start for the day, tracking gains in Asian and US markets. Early cues showed optimism among traders as global stock indexes, including in the United States and Asia, recorded gains ahead of the domestic session. Trading Session Sees […]

Business Industry

Government Clears 22 Electronics Projects Worth ₹42,000 Cr

By BPN News Desk January 3, 2026

The central government has approved 22 new electronics component manufacturing projects with a total investment commitment of around ₹42,000 crore. The approvals are part of a broader push to strengthen India’s electronics manufacturing ecosystem and reduce dependence on imported components. Focus on Components and Value Addition The cleared projects focus on manufacturing

Business Finance

India Allows Banks to Sponsor Pension Funds Under NPS

By BPN News Desk January 2, 2026

The Pension Fund Regulatory and Development Authority (PFRDA) has given in-principle approval for scheduled commercial banks to independently sponsor and manage pension funds under the National Pension System (NPS). This marks a major change in pension fund regulations, as banks were previously limited in their role within the pension investment ecosystem. Under the new