The Reserve Bank of India unveils initiatives to infuse ₹1.5 lakh crore into the banking system, aiming to address liquidity deficits and stabilize interest rates.
The Reserve Bank of India (RBI) has unveiled a significant measure to enhance liquidity in the financial system, announcing an Open Market Operation (OMO) worth ₹60,000 crore. This initiative is part of the central bank’s strategy to address liquidity concerns and support economic stability in the face of evolving domestic and global challenges. “Steps to […]
In a significant move to strengthen India’s mineral resources sector, the JSW Group has announced an investment of ₹2,600 crore for the development of two copper mines. This initiative aligns with the company’s vision to enhance domestic copper production, reduce dependency on imports, and support India’s manufacturing and infrastructure sectors. “Major Step Toward
The Reserve Bank of India (RBI) has deployed $77 billion from its foreign exchange reserves to stabilize the Indian rupee, which has witnessed a sharp depreciation in recent months. This move reflects the central bank’s efforts to manage volatility in the currency market and maintain investor confidence amid global economic challenges. “Sharp Rupee Depreciation
India has defied global economic challenges to achieve a record high in exports, showcasing its resilience and adaptability in an environment marked by slowing global trade. The remarkable performance highlights the country’s ability to navigate economic headwinds while capitalizing on emerging opportunities in international markets. “India’s Export Performance Amid
The Indian mutual fund industry witnessed a remarkable year in 2024, with equity mutual fund inflows nearing ₹4 lakh crore. This surge reflects investor confidence despite intermittent market volatility. However, industry experts caution that 2025 could pose challenges due to heightened market fluctuations and global economic uncertainties. “Record-Breaking Inflows
India’s economy is witnessing robust expansion, fueled by significant growth in its service sector and steady performance in manufacturing. According to recent data, the service sector’s strong momentum, coupled with a positive manufacturing Purchasing Managers’ Index (PMI), is propelling India closer to its ambitious goal of becoming a $10 trillion economy.
India's business activity expanded at its slowest pace in over a year in January 2025, with the Composite PMI declining to 57.9 amid a services sector slowdown and manufacturing resilience.
Larsen & Toubro (L&T) has unveiled plans for a bold $10 billion investment in semiconductor manufacturing, signaling a major step in India’s efforts to establish itself as a global semiconductor hub. The initiative is set to align with India’s push toward self-reliance in advanced technologies and reducing dependence on imports. “A Game-Changing Initiative
Nagpur is poised to become a key player in India’s electric vehicle (EV) ecosystem as Vardhaan Group announces a massive ₹42,535 crore investment to establish a lithium-ion battery manufacturing hub. This strategic move is set to revolutionize the city’s industrial landscape, creating significant employment opportunities and strengthening India’s position in the global
