Business

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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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…

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,…

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…

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…

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…

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'…