Business News: Economy & Markets

Total business of public sector banks surges to Rs 251 lakh crore in 2024-25

IANS | June 27, 2025 10:32 PM

New Delhi, June 27 (IANS) The total business of public sector banks has surged from Rs 203 lakh crore in FY 2022–23 to Rs 251 lakh crore in FY 2024–25 while the net non-performing assets (NPAs) have declined from 1.24 per cent to 0.52 per cent during this period, Finance Minister Nirmala Sitharaman was informed at the annual review meeting with bank chiefs here on Friday.

Early months of FY26 indicate resilient economy, outlook remains positive: Centre

IANS | June 27, 2025 9:49 PM

New Delhi, June 27 (IANS) High-frequency indicators for the first two months of FY26 indicate resilient performance of the domestic economy amid the heightened geopolitical situation, Finance Ministry’s ‘Monthly Economic Review for May 2025’ said on Friday, adding that overall, the outlook for the Indian economy remains positive.

India’s agriculture & allied sector clocks 54.6 per cent jump in output from 2011–12 to 2023–24

IANS | June 27, 2025 7:43 PM

New Delhi, June 27 (IANS) Gross Value of Output (GVO) from the agriculture and allied sector at constant prices has shown steady growth from Rs 1,908 thousand crore in 2011–12 to Rs 2,949 thousand crore in 2023–24, marking an overall increase of approximately 54.6 per cent, according to a report released by the Ministry of Statistics on Friday.

India clocks current account surplus of $13.5 billion in Jan-March quarter

IANS | June 27, 2025 6:50 PM

Mumbai, June 27 (IANS) India recorded a current account surplus of $13.5 billion, constituting 1.3 per cent of GDP, in the fourth quarter of financial year 2024-25 (January–March), according to data released by the Reserve Bank of India (RBI) on Friday.

Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges

IANS | June 27, 2025 6:38 PM

New Delhi, June 27 (IANS) From July, several important financial changes will come into effect, directly impacting individual taxpayers and bank customers.

India allocates excess rice for ethanol production to boost petrol blending drive

IANS | June 27, 2025 6:11 PM

New Delhi, June 27 (IANS) The Food Ministry has hiked the allocation of rice for increasing ethanol production to 5.2 million tonnes, due to excess stocks with the FCI, to help meet the country's petrol blending target and reduce dependence on oil imports.

Broadband subscribers in India up 3.37 pc at 974.87 million in May

IANS | June 27, 2025 5:47 PM

New Delhi, June 27 (IANS) The total number of broadband subscribers increased from 943.09 million at the end of April to 974.87 million at May-end with a monthly growth rate of 3.37 per cent, the TRAI data showed on Friday.

Parliamentary panel to grill Boeing & Air India executives, Govt officials on Ahmedabad crash

IANS | June 27, 2025 4:38 PM

New Delhi, June 27 (IANS) The Parliamentary Committee on Transport has summoned Boeing executives, Air India representatives, the Civil Aviation Secretary, and DGCA officials for a discussion on air safety issues related to the tragic Boeing Dreamliner crash within seconds of take-off from the Ahmedabad airport. The meeting is likely to be held in the first week of July.

Stock market hits 9-month high as Sensex surges past 84,000, Nifty nears 25,650

IANS | June 27, 2025 4:04 PM

Mumbai, June 27 (IANS) The Indian stock markets ended on a strong note on Friday, with benchmark indices touching a nine-month high. Investors were in a positive mood as tensions in West Asia eased amid reports of a ‘great’ India-US trade deal possibility, thus lifting market confidence and encouraging buying.

Adani becomes India’s fastest-growing brand with focus on infra, green energy

IANS | June 27, 2025 3:59 PM

New Delhi, June 27 (IANS) The Adani Group has emerged as the fastest-growing Indian brand this year, with its brand value up by 82 per cent, according to a new report.

Business

Total business of public sector banks surges to Rs 251 lakh crore in 2024-25

Early months of FY26 indicate resilient economy, outlook remains positive: Centre

India’s agriculture & allied sector clocks 54.6 per cent jump in output from 2011–12 to 2023–24

India clocks current account surplus of $13.5 billion in Jan-March quarter

Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges

India allocates excess rice for ethanol production to boost petrol blending drive

Broadband subscribers in India up 3.37 pc at 974.87 million in May

Parliamentary panel to grill Boeing & Air India executives, Govt officials on Ahmedabad crash

Stock market hits 9-month high as Sensex surges past 84,000, Nifty nears 25,650

Adani becomes India’s fastest-growing brand with focus on infra, green energy

LATEST NEWS

Sudesh Bhosle remembers late Satish Shah with a popular throwback clip featuring young Sanjay Dutt

IWL 2025-26: Indian women’s football’s finest begin battle in Bengal

Gujarat CM Bhupendra Patel meets PM Modi, describes interaction as ‘highly energising’

Rs 110 crore bridge to come up over Sabarmati river in Gujarat's Anand

World Tennis League: Nagal, Shrivalli lead AOS Eagles to dominant win

Sonakshi Sinha celebrates Shatrughan Sinha, Zaheer Iqbal's birthdays; Pooja Ruparel shares inside video

World Tour Finals: Satwik-Chirag script history, beat Chia/Yik to enter semis

Sampoornesh Babu plays 'Biryani' in Nani-starrer 'The Paradise'

PM Modi to inaugurate, lay foundation stone for 2 NH projects worth Rs 3,200 crore in Bengal

RBI's central board deliberates on domestic and global economic situations