Market News
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Govt approves 104 projects worth Rs 271 crore for 6G tech research: Mos Telecom
India is advancing towards 6G technology. The government has approved 104 projects valued at Rs 271 crore for research and development. This initiative is part of the Bharat 6G Vision, aiming to position India as a global leader by 2030. The government is also establishing 5G Use Case Labs and supporting test beds to foster innovation and build future capabilities.
Brookfield REIT plans ₹4,000 cr QIP to pare debt, fund future opportunities
Wholly owned subsidiary Ecoworld's Rs 1,125 cr fund raise also approved
CAG's BSNL loss estimate from RJIL deal misinterpreted; rectified now: MoS Telecom
The government has rectified a revenue loss estimate concerning Reliance Jio. The Comptroller and Auditor General's initial calculation of a Rs 1,757 crore loss was based on a misunderstanding of an agreement clause. Bharat Sanchar Nigam Limited has now issued revised invoices to Reliance Jio Infocomm Limited. This action aims to recover potential losses and prevent future discrepancies.
India imported over 18,800 MT of uranium for reactors between 2008-25: Govt
Between 2008 and 2025, India embarked on a journey of nuclear energy expansion, importing significant amounts of uranium for its reactors. This development has catapulted nuclear power generation to new heights. The nation aspires to achieve a formidable 100 GW of nuclear capacity, showcasing projects in progress as well as innovative future plans that incorporate both domestic and global technologies.
Silver rate today slips marginally on softer dollar, falling oil prices: Should you buy amid current volatility?
Silver rates declined on March 11 due to investor caution amid the US-Israel-Iran war, with gold benefiting from easing oil prices and a weaker dollar. Geopolitical tensions are disrupting oil supply, contributing to ongoing market volatility and uncertainty over future interest rates.
Should You Buy IndiGo After CEO Peter Elbers' Exit? Here's What Brokerages Are Saying
Pieter Elbers is leaving the airline due to 'personal reasons' months after a massive operational crisis. Brokerages are now weighing in on IndiGo's future as co-founder Rahul Bhatia takes interim charge.
Delhi Metro begins operations on Pink, Magenta Line extensions
Delhi Metro services began Sunday afternoon on two new corridors. Prime Minister Narendra Modi inaugurated these sections. He also laid the foundation for three more Metro lines. These new lines will enhance connectivity across Delhi. Residents in several areas will benefit from the expanded network. Future phases aim to connect key locations like Noida and the airport.
Sufficient fertilisers now, but problems may arise if West Asia conflict prolongs: Official
India currently possesses adequate fertilizer supplies. However, a prolonged conflict in West Asia may disrupt future crop seasons. Fertilisers and Chemicals Travancore Limited (FACT) assures farmers of continued supply. The company holds substantial raw material reserves. FACT is committed to meeting all agricultural needs. This ensures uninterrupted fertilizer availability for upcoming seasons.
Tariffs can’t stop Tiruppur: India’s knitwear capital keeps US buyers hooked with nonstop negotiations
Indian apparel exporters navigated volatile US tariffs, with rates plummeting from 50% to 10%. Exporters renegotiated prices and absorbed losses to maintain long-standing buyer relationships, while US buyers also shouldered some of the burden. Despite relief from reduced tariffs, uncertainty lingers regarding future trade policies.
Asian Paints bets on brand strength, regionalisation
Asian Paints is facing unprecedented competition in the paint sector. The company has strategically focused on regional branding and product innovation to regain market share. CEO Amit Syngle highlights a shift towards sustained marketing and premiumisation. The B2B segment and industrial markets are identified as key growth drivers for the future.
SBI inducts 5,783 junior associates to strengthen branch banking services
State Bank of India has recruited 5,783 junior associates. This hiring strengthens customer service and branch operations. The bank added over 18,000 employees this fiscal year. This is a significant talent induction drive. SBI aims to onboard 16,000 employees annually for future growth. The bank is committed to creating employment opportunities and delivering superior service.
Qatar halts LNG output after attacks; disruptions to hit Indian supplies, city gas firms flag concerns
Qatar has stopped liquefied natural gas production following attacks. This halts supplies to India, affecting industrial consumers and city gas companies. Petronet LNG cannot send ships through the Strait of Hormuz. This disruption impacts India's energy needs and domestic sectors. Companies are seeking clarity on future gas availability.