Economy

Centre has spent ₹29,576 crore until March on Auto PLI: MHI

The PLI-Auto scheme has been subdivided into the champion original equipment manufacturer incentive scheme and component champion incentive scheme. | Photo Credit: Udit Kulshrestha The Centre has spent ₹29,576 crore until March 2025 and created over 44,987 job opportunities across the automotive value chain through the Production Linked Incentive (PLI) scheme on auto. The details […]

Crude oil price to slump? Prices set for biggest weekly drop since March 2023; supply risk premium from Israel-Iran conflict fades

Oil prices were on track for their biggest weekly decline since March 2023, as fears of supply disruptions from the Iran-Israel conflict faded, erasing any risk-driven premiums. As of 0637 GMT on Friday, Brent crude futures were up 36 cents, or 0.53 per cent, at $68.09 per barrel, while US West Texas Intermediate (WTI) crude […]

Capital push continues: Tata Sons and Singapore Airlines invest Rs 9,558 crore in Air India, March sees biggest boost yet

Promoters Tata Sons and Singapore Airlines infused Rs 9,558 crore into Air India during 2024–25, with the bulk of the investment coming after the merger of Vistara and Air India in November last year, the airline confirmed on Wednesday.Air India spokesperson said the capital was raised to support ongoing transformation plans, fund capital expenditure, and […]

Economy

Ramkrishna-Titagarh Rail Wheels to fully commission forged wheel plant at Gummudipoondi by March 2026

Prithish Chowdhary Deputy MD (left), Titagarh Rail Systems Ltd and, Vijay Subramanian, CEO (PRS), Titagarh Rail Systems Ltd, at the manufacturing facility in Kolkata on June 18 | Photo Credit: Bijoy Ghosh The forged wheel set plant by Ramkrishna Titagarh Rail Wheels Ltd, a joint venture between Ramkrishna Forgings and Titagarh Rail Systems Ltd, at […]

Meghan’s ‘Spotlight Hijack’? Royal Fans Fume As Glam Night Out CLASHES With Charles’ Birthday March

Cassie’s Friend Bana Says Diddy’s Fury Still Haunts Her Bryana ‘Bana’ Bongolan’s courtroom testimony left everyone in stunned silence. She alleged that Sean ‘Diddy’ Combs lifted her over a 17th-floor balcony during a rage-fueled outburst, holding her suspended in the air for nearly 15 seconds while screaming profanities. Moments later, she says, he yanked her […]

Irdai chief post vacant since March, reforms stall

MUMBAI: Plans to revamp the insurance sector are in limbo, with key reforms stalling after Irdai chairman Debashish Panda left office in March. The post remains vacant, leaving the sector without regulatory leadership at a time when several major initiatives are awaiting rollout.The most ambitious among them is Bima Sugam, a unified digital marketplace for […]

Economy

FinMin calls for stringent measures to continue govt schemes beyond March 31, 2026

A sanitation worker cleans the premises of the Ministry of Finance | Photo Credit: ANI The Finance Ministry has called for a strict approach to rationalise Central Sector Schemes (CSs) and Centrally-Sponsored Schemes (CSSs), which have been proposed to be continued after March 31, 2026. Documents seen by businessline revealed that during a workshop chaired […]

Economy

India GDP growth likely accelerated in March quarter on rural demand, state spending

India’s economic growth likely picked up pace in the January–March quarter, buoyed by stronger rural demand and higher government spending, even as private firms delayed investments amid global uncertainties. Gross domestic product (GDP) is expected to have grown 6.7 per cent year-on-year in the March quarter, up from 6.2 per cent in the previous three […]