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India’s FDI rises 18% to USD 35.18 billion in April–September; US inflows double

Foreign direct investment into India rose 18 per cent to USD 35.18 billion during April–September of FY26, reflecting renewed investor confidence. | Photo Credit: Foreign direct investments (FDI) in India rose 18 per cent to USD 35.18 billion during April-September of this fiscal year, while the inflow from the US more than doubled to USD […]

Economy

Public sector banks reported over ₹93,000 crore net profit in April-September

Banks were advised to further strengthen risk management, underwriting practices, and operational resilience to sustain profitability in an evolving financial environment.”  | Photo Credit: AJAY VERMA Public sector banks reported nearly 10 per cent growth in net profit during April-September period of current fiscal, Finance Ministry data showed. In a review meeting with PSBs on […]

Economy

Mobile phone exports grow 60% y-o-y to $13.5 billion in April-September

The United States (US), UAE, Austria, Netherlands, and the United Kingdom remained the top destinations for Indian mobile phone exports, said India Cellular & Electronics Association (ICEA) in its latest report. | Photo Credit: LUC GNAGO India’s mobile phone exports have registered a strong performance during the first half of this financial year (April-September), estimated […]

Economy

Government to borrow ₹8 lakh cr in April-September of FY26

The government will borrow ₹8 lakh crore through dated securities during April-September period of fiscal year 2025-26, the Finance Ministry said on Thursday. This is 54 per cent of the budget estimates and slightly higher than the current fiscal. The government has budgeted ₹14.82 lakh crore as gross borrowing for FY 2025-26. April-September (first half) […]