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Business

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Business

Rupee rises 8 paise to close at 86.03 against U.S. dollar

The foreign exchange merchants stated that decline in exports, together with international fund outflows, capped additional beneficial properties within the native unit. Representational file picture. | Photo Credit: Reuters The rupee rose 8 paise to 86.03 (provisional) against the U.S. dollar on Monday (June 16, 2025) amid a powerful present at the home fairness markets,

Business

Why have special economic zones rules been relaxed? | Explained

Assam Chief Minister Himanta Biswa Sarma inspects the progress of the semiconductor venture, at Jagiroad in Morigaon, Assam on February 1. | Photo Credit: ANI The story to this point: The Government of India has been taking varied steps to spice up the manufacturing of semiconductors and electronics in India, in a bid to scale

Business

Investments in AIFs up 32% at Rs 5.4 lakh crore

NEW DELHI: India’s prosperous traders are more and more turning to Alternative Investment Funds (AIFs), with investments in the house reaching to simply beneath Rs 5.4 lakh crore by the top of the March 2025 quarter, a surge of 32% from the 12 months earlier.This enhance in AIF investments is being pushed by the heightened

Business

Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade

On Global Wind Day 2025, Union minister for brand spanking new and renewable energy Pralhad Joshi pressured on the significance of wind energy and stated that it’s essential to India’s clear energy plans and essential to its ambition of changing into a international manufacturing hub.Speaking at a stakeholder assembly in Bengaluru, he stated India wants

Business

Loan stress resurfaces! Banks facing potential rising credit costs in FY26; private banks more exposed than PSBs: Report

Banks might face a rise in credit costs in Financial Year (FY) 2026, primarily as a result of rising pressures in the unsecured lending and microfinance sectors, in line with an evaluation by CareEdge Ratings. Despite these headwinds, banks are well-equipped to handle potential losses, supported by substantial provision buffers and excessive provision protection ratios

Business

IT major Genpact’s 10-hour workday announcement triggers backlash

Employees of the corporate have slammed the choice. | Photo Credit: Getty Images/iStockphoto Technology and providers major Genpact’s determination to extend every day work hours to 10 has triggered a backlash from its staff and human useful resource (HR) specialists, who say the transfer undermines progressive office values. A lot of staff have taken to

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