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Ather Energy factory | Photo Credit: Kesavan A N@Chennai The Hindu Bureau The Government of India will invest ₹200 crore in Ather Energy through India-Japan Fund (IJF) a joint investment vehicle backed by the government of India and the Japan Bank for International Cooperation (JBIC). This partnership between the government of India and Japan Bank…
FILE PHOTO: Reserve Bank of India | Photo Credit: FRANCIS MASCARENHAS The Reserve Bank of India (RBI) on Wednesday issued the ‘Guidance on Regulatory Expectations for Data Governance’ for banks and other Regulated Entities (REs) prescribing a comprehensive framework to strengthen governance of data across the banking system. The objective of the guidance is to…
File photo for representational purposes only. | Photo Credit: Reuters Market benchmark indices Sensex and Nifty ended higher on Wednesday (July 15, 2026), bouncing back from previous session’s sharp decline, led by bank stocks and a softer-than-expected U.S. inflation data reinforcing expectations that the Federal Reserve may adopt a less aggressive monetary policy stance in…
Passenger vehicles, commercial vehicles and three-wheelers posted their highest-ever Q1 sales in the April-June 2026 while all vehicle segments, including two-wheelers, recorded their highest-ever exports during the quarter. File | Photo Credit: The Hindu India’s automobiles sector witnessed a high double-digit year-on-year (YoY) growth across all vehicle segments in the first quarter (Q1) of 2026-27…
Image for representational purposes only. File | Photo Credit: Reuters The rupee fell 16 paise to close at 96.32 (provisional) against the U.S. dollar on Wednesday (July 15, 2026), weighed down by heightened tensions in West Asia and a rise in global crude oil prices. However, positive sentiments in the domestic equity markets and a…
Read More “Rupee declines 16 paise to settle at 96.32 against U.S. dollar” »
The India-U.K. Comprehensive Economic and Trade Agreement (CETA) will provide a boost for India’s farmers, entrepreneurs and micro, small, and medium enterprises, Prime Minister Narendra Modi said on Wednesday (July 15, 2026), the day the trade deal came into force. Officials in the U.K. government as well as Indian industry bodies have welcomed the deal…
UBI reduced Gross Non Profitable Assets (GNPA) by 87 bps to 2.65% of the outstanding loans, from 3.52% in the year ago period. Net NPA also improved to 0.47%, down 15 bps from 0.62%. File | Photo Credit: Reuters Union Bank of India (UBI) net profit increased 29.57% to ₹5,332 crore as defaulting assets as a share…
Read More “Union Bank of India net profit up 29.6% to ₹5,332 crore in Q1FY27” »
“Domestic passenger vehicle dispatches from companies to dealers clocked a record 12,73,811 units in the first quarter of this fiscal year, registering a growth of 25.9% driven by strong domestic demand despite the headwinds from the West Asia war,” industry body Society of Indian Automobile Manufacturers (SIAM) said on Wednesday (July 15, 2026). “Passenger vehicle…
Read More “Passenger vehicle dispatches clock Q1 record of 12,73,811 units in FY27: SIAM” »
At the interbank foreign exchange market, the rupee opened at 96.12 and inched up to 96.11, up 5 paise from its previous close. File | Photo Credit: Getty Images/iStockphoto The rupee rose 5 paise to 96.11 against the U.S. in early trade on Wednesday (July 15, 2026), amid heightened tensions in West Asia and a…
Read More “Rupee rises 5 paise to 96.11 against U.S. dollar in early trade” »
Market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (July 15, 2026) after a sharp decline in the previous session led by bank stocks and a softer-than-expected U.S. inflation data reinforcing expectations that the Federal Reserve may adopt a less aggressive monetary policy stance in the coming months. The 30-share BSE Sensex…
Read More “Stock markets rebound in early trade; Sensex jumps 553 points” »