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IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40 per cent

ndia Infrastructure Finance Company Ltd (IIFCL) is targeting annual sanctions of Rs 75,000 crore in FY26, a 30 per cent jump over last year, as the removal of key lending restrictions opens…

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Business May 29, 2026 · 8:41 pm

RBI secures full underwriting for Rs 28,000 cr G-Sec sale; sets ACU fees for auction

The Reserve Bank of India has ensured 100% subscription cover for the government's Rs 28,000 crore bond sale, after completing an Additional…

Business May 29, 2026 · 8:30 pm

IndiGo reported net loss of Rs 23,936 million in FY26 amid rupee depreciation, labour law provisions

InterGlobe Aviation, the parent company of IndiGo, reported a net loss of Rs 23,936 million for the financial year ended March 2026,…

Business May 29, 2026 · 7:34 pm

India can leapfrog in global semiconductor race as demand set to cross USD 200 billion by FY35: NITI Aayog

India has a timely opportunity to leapfrog legacy stages and emerge as a competitive force across critical segments of the global semiconductor…

Business May 29, 2026 · 7:04 pm

Moody’s upgrades Reliance Industries rating to Baa1; now rated two notches above India’s sovereign rating

Moody's Ratings has upgraded Reliance Industries Limited's (RIL) long-term local currency issuer rating and foreign currency senior unsecured ratings to Baa1 from…

Business May 29, 2026 · 7:02 pm

US inflation rises to 3.8% in April, highest level in nearly 3 years

Inflation in the United States, measured by the Personal Consumption Expenditures (PCE) price index, rose to 3.8 per cent in April compared…

Business May 29, 2026 · 6:56 pm

IMDR receives PMA’s ‘Academic Institute of the Year’ award

Pune (Maharashtra) [India], May 29: The Institute of Management Development and Research (IMDR) was honored with the 'Academic Institute of the Year'…