MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where…
Indians sharply cut back on overseas travel spending in March, with remittances for foreign trips dropping by more than $212 million from the previous month, according to Reserve Bank of India data. The fall in outbound travel expenditure came amid rising oil prices linked to the Middle East conflict and persistent pressure on rupee, even…
US secretary of state Marco Rubio on Sunday, hinted at a “beneficial” and a “sustainable” trade deal agreement with India, as he is on a visit to India.“We’ve made tremendous progress, and I think we’re going to wind up with a trade agreement between the US and India that is going to be enduring and…
Got a bank visit planned? You may want to check the dates first. Bank customers are being advised to plan their bank visits in advance as banks in several states are headed for holidays. Since these dates vary from state to state, officials are asking people to confirm their local branch status before visiting in…
India’s transportation fuel demand growth is expected to slow sharply in the second half of 2026 as higher fuel prices, government-led conservation measures and a weakening rupee weigh on mobility and consumption trends, according to a report.The report by Kpler’s lead analyst (modelling), Elif Binici, revised down India’s 2026 refined products demand growth forecast by…
The combined market valuation of six of India’s top-10 most valued companies rose by Rs 74,111.57 crore last week, with Reliance Industries emerging as the biggest gainer.The rally came during a volatile trading week in which the BSE Sensex advanced 177.36 points, or 0.23%.According to news agency ANI, Reliance Industries added Rs 24,696.89 crore to…
NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on diesel, without factoring in taxes, resulting in heightened pressure on the states to lower VAT, which is as high…
NEW DELHI: State-owned Oil India Limited (OIL) has successfully unlocked a new gas-bearing pay zone in Rajasthan’s Dandewala field, with a flow of nearly 25,000 standard cubic metres per day, petroleum and natural gas minister Hardeep Singh Puri said on Saturday.Congratulating OIL on its technological excellence, Puri said on social media that the discovery by…
NEW DELHI: Power giant NTPC on Saturday reported a 15% increase in consolidated profit, which rose from Rs 23,953 crore in 2024-25 to Rs 27,546 crore in 2025-26. It said the group’s strong performance was bolstered by a 29% increase in the share of joint venture profits, which reached Rs 2,864 crore, along with Rs…
NEW DELHI: Govt on Saturday said that it has opened a four-month window for states to apply for setting up the first 50 industrial parks under the Rs 33,660 crore Bharat Audyogik Vikas Yojna (Bhavya) scheme.Over six years, starting from the current fiscal, the scheme provides for the setting up of 100 plug-and-play industrial parks…
