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₹5,000 Crore Scheme to Supercharge India's Mining Reforms
BREAKING NEWS
BusinessApril 24, 2026

₹5,000 Crore Scheme to Supercharge India's Mining Reforms

In a bold move to transform the mining landscape, the Union Ministry of Mines has rolled out a ₹5,000 crore incentive mechanism for states under the SASCI scheme for FY 2026-27. Following last year's...

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FY26 Q1: Real Estate Deal Count Up 14% YoY in India
[Business]April 24, 2026

FY26 Q1: Real Estate Deal Count Up 14% YoY in India

India's property sector started FY26 on a positive note, with transactional activity rising 14% annually to reach 32 deals in the first quarter ended March 2026. Compared to 28 deals a year ago and...

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Indian Stocks Tank Third Straight Day IT Sector Dives 5%
[Business]April 24, 2026

Indian Stocks Tank Third Straight Day IT Sector Dives 5%

Geopolitical jitters from rising US-Iran conflict in the Middle East and spiking crude prices triggered a brutal sell-off in Indian equities, marking the third straight day of losses on Friday. The...

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FY27 Q1 Earnings to Rise 8.5% for Indian Companies Despite Risks
[Business]April 24, 2026

FY27 Q1 Earnings to Rise 8.5% for Indian Companies Despite Risks

Indian businesses are set to kick off FY27 with an estimated 8-8.5% earnings uptick on a yearly basis, according to Crisil Intelligence's latest insights. Unveiled Friday, the report paints a picture...

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Sitharaman Confirms IDBI Stake Sale Push, Rules Out PSB Mergers Now
[Business]April 24, 2026

Sitharaman Confirms IDBI Stake Sale Push, Rules Out PSB Mergers Now

In a significant update from Pune, Finance Minister Nirmala Sitharaman declared on Friday that the government is steadfast in its IDBI Bank disinvestment efforts, even as previous bidding rounds...

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CEA Nageswaran: Weak Rupee is a Bargain for Long-Term India Bulls
[Business]April 24, 2026

CEA Nageswaran: Weak Rupee is a Bargain for Long-Term India Bulls

As the Indian rupee tumbles to multi-year lows, Chief Economic Advisor V. Anant Nageswaran is flipping the narrative. Calling the currency 'fundamentally undervalued,' he positions its current...

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IT Sector Crash and High Oil Prices Sink Sensex Under 77000
[Business]April 24, 2026

IT Sector Crash and High Oil Prices Sink Sensex Under 77000

Indian stock markets extended their losing streak into the third day, with the Sensex slipping below the psychologically crucial 77,000 mark amid relentless selling. By midday Friday, the index was...

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Breaking: India, NZ to Finalize FTA on April 27th
[Business]April 24, 2026

Breaking: India, NZ to Finalize FTA on April 27th

A breakthrough in international trade awaits as India and New Zealand lock in plans to sign their long-awaited Free Trade Agreement next Monday, April 27. New Zealand Prime Minister Christopher Luxon...

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Strong Dollar Triggers Gold Silver Selloff in India Markets
[Business]April 24, 2026

Strong Dollar Triggers Gold Silver Selloff in India Markets

Precious metals faced renewed selling pressure on Friday as a fortified US dollar overshadowed other factors in Mumbai's trading rings. Gold and silver both declined around 0.5%, extending losses...

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