Business

Namo Bharat trains have brought the Delhi-Meerut journey down to less than an hour, with trains operating at speeds of up to 160 kmph. In 2023, India saw the launch of its fastest commuter train service – the Regional Rapid Transit System (RRTS) train service, also called the Namo Bharat. Within years the entire corridor…

Indian shares are expected to open marginally higher on September 1 after data showed the economy grew a stronger-than-expected 7.8% year-on-year in the April-June quarter, helped by robust investment, manufacturing and consumer demand. GIFT Nifty futures pointed to a positive start for the Nifty 50, which closed at a one-month low of 24,080.4 on August…

Promoter to sell 22.1% stake for Rs 1,300 crore; combined entity to be 11th largest IT player BENGALURU: ITC Infotech is acquiring Ashok Soota’s Happiest Minds Technologies, creating a combined business that will be India’s 11th largest IT services player. Together, they will have revenue of Rs 7,033 crore and an employee strength of 19,000,…

Crude prices continue to jump as Middle East tensions intensify Oil prices inched higher on Tuesday after renewed tensions between the US and Iran brought the risk of supply disruptions in the Middle East back to the forefront.Brent crude rose 55 cents, or 0.61%, to $91.04 while WTI crude was up 79 cents, or 0.92%,…

Gold loans stand out again, account for 13% of incremental bank credit MUMBAI: Gold loans continued to drive retail borrowing, accounting for more than a third of the incremental bank credit to the retail segment during the first four months of FY27 (April–July 2026).According to the latest Reserve Bank of India (RBI) data on the…

Record 7.5cr ITRs submitted before deadline NEW DELHI: A record 7.5 crore income tax returns have been filed for Assessment Year 2026-27 so far, and the number was expected to rise further as the filing deadline was to end at midnight Monday for taxpayers with business or professional income who are not subject to audit….

ONGC to invest Rs 1 lakh crore in deepwater exploration over next 5 years, reports 3 new discoveries NEW DELHI: ONGC chairman and CEO Arun Kumar Singh on Monday said the exploration and production company will invest Rs 1 lakh crore in deepwater and ultra-deepwater exploration in offshore basins.Talking to reporters after AGM, Singh said…

The jewellery remained in the custody of the bank branch but was subsequently robbed, according to the bank’s submission. (Image for representative purpose only) Imagine this case: You have taken a loan against your gold. That gold is lying with the bank. Then in a bank robbery the gold is stolen. Who is responsible for…

Bank credit growth jumps to 19.1% in July, nearly doubles from year-ago level: RBI Bank lending saw a broad-based acceleration in July, with non-food bank credit growing 19.1 per cent year-on-year in the fortnight ended July 31, 2026, compared with 9.9 per cent in the same fortnight a year earlier, according to Reserve Bank of…

India has become an important source of gasoline, or petrol, for Russia. There is a strange irony to the situation. Russia, known to be one of the world’s biggest oil exports and a country among the top 10 with highest crude reserves, is being forced to import petrol. What’s even more interesting is that the…