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Not in favour of cryptocurrencies: RBI to House panel

New Delhi, July 3 -- The Reserve Bank of India (RBI) reiterated before a parliamentary committee that it is not in favour of allowing cryptocurrencies in India, citing their alleged use in illegal act... Read More


How India averted energy crisis during Hormuz war

India, July 3 -- Six years. Five external shocks. Covid in 2020. The Supply Chain Crisis in 2021. The Russia-Ukraine War in 2022. The Tariff War in 2025. And now, the Hormuz War in 2026. Each of thes... Read More


RBI's concessional swap facility to boost overseas borrowing: S&P

India, July 3 -- RBI announced opening of concessional forex swap facility to BOOST PSUs to raise external commercial borrowings The concessional swap facility provided by the RBI would lower funding... Read More


Credit market doubles to $25 bn in 5 years: Moody's

India, July 3 -- India's private credit market has doubled in size in the past five years to about $25 billion in Assets Under Management (AUM) as of 2025 end, and will further expand amid strong fina... Read More


Sensex jumps 579 pts on easing crude oil prices

India, July 3 -- Stock market benchmark indices Sensex and Nifty ended nearly one per cent higher on Thursday amid softening crude oil prices, following positive developments on the geopolitical front... Read More


Rupee falls 18 paise to close at 95.34 against US dollar

India, July 3 -- The rupee pared initial gains and settled for the day on a negative note, lower by 18 paise at 95.34 (provisional) against the US dollar on Thursday, as the support from easing crude ... Read More


Delhi orders CAG audit of discoms over RAs

India, July 3 -- The Delhi Government has ordered an audit by the Comptroller and Auditor General (CAG) into the circumstances under which the power distribution companies (discoms) in the Capital acc... Read More


AFC Furniture Solutions Targets Pune and Nagpur Expansion

Mumbai, July 3 -- AFC Furniture Solutions has announced its expansion into Maharashtra's key commercial hubs, targeting Pune's technology corridors and Nagpur's Multi-modal International Cargo Hub and... Read More


Tanzania enhances ties with Gates Foundation in improving maternal and child health services

DAR ES SALAAM, July 3 -- PRESIDENT Samia Suluhu Hassan has strengthened Tanzanias partnership with the Gates Foundation to accelerate efforts aimed at improving maternal, newborn and child health in t... Read More


How Seriti Green and Hewani Energy transform East Africa's renewable landscape

Dar es Salaam, July 3 -- THE global shift toward clean and renewable energy has become one of the defining priorities of the 21st century. Across continents, governments are increasingly investing in... Read More