Business News: Economy & Markets

IREDA clocks 41 per cent jump in Q2 net profit at Rs 549 crore

IANS | October 14, 2025 2:03 PM

New Delhi, Oct 14 (IANS) Navratna public sector undertaking Indian Renewable Energy Development Agency Limited (IREDA) on Tuesday announced a 41 per cent jump in net profit to Rs 549 crore for the July-September quarter of the current financial year (Q2 FY26) compared to the corresponding figure of Rs 388 crore for the same quarter of the previous financial year (Q2 FY25).

Indian corporates to double capex to $800 billion through FY2030: Report

IANS | October 14, 2025 2:01 PM

New Delhi, Oct 14 (IANS) India's leading corporate companies may double spending and capital expenditure over the next five years, driven by rising revenues and profits, a report said on Tuesday.

Digital infrastructure will go a long way to meet India’s AI goals: Ashwini Vaishnaw

IANS | October 14, 2025 1:56 PM

New Delhi, Oct 14 (IANS) Union Minister Ashwini Vaishnaw on Tuesday welcomed Google’s announcement of establishing of an artificial intelligence (AI) hub in Visakhapatnam, saying that the initiative aligns with the Indian government’s Viksit Bharat 2047 vision and is expected to provide substantial economic and societal benefits for both India and the United States, while also advancing India’s capabilities in artificial intelligence.

Digital NBFCs account for 80 pc of personal loan volumes in Q1 FY26: Report

IANS | October 14, 2025 1:32 PM

New Delhi, Oct 14 (IANS) Digital non-banking financial companies (NBFCs) sanctioned 3 crore personal loans totalling Rs 43,019 crore in Q1 FY26, representing 80 per cent of personal loan volumes, a report said on Tuesday.

LG Electronics India soars over 50 pc on trading debut, valuation hits $13.07 billion

IANS | October 14, 2025 1:25 PM

New Delhi, Oct 14 (IANS) LG Electronics India shares jumped 50.4 per cent on their trading debut on Tuesday, valuing the company at $13.07 billion (Rs 1.15 lakh crore) and surpassing its South Korean parent’s market capitalisation of nearly $10 billion (Rs 8,800 crore).

India's WPI inflation declines to 0.13 per cent in September

IANS | October 14, 2025 1:12 PM

New Delhi, Oct 14 (IANS) India's annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September from 0.52 per cent in August , according to figures released by the Ministry of Commerce and Industry on Tuesday.

Adani, Google forge $15 bn partnership to build India's largest AI data centre in Visakhapatnam

IANS | October 14, 2025 1:08 PM

Visakhapatnam, Oct 14 (IANS) Adani Enterprises, through its joint venture company AdaniConneX, and Google on Tuesday announced a landmark partnership to develop India’s largest AI data centre campus and new green energy infrastructure at Visakhapatnam in Andhra Pradesh.

India emerging as global AI leader with visionary policies: FM Sitharaman

IANS | October 14, 2025 12:15 PM

New Delhi, Oct 14 (IANS) Finance Minister Nirmala Sitharaman on Tuesday said that India’s visionary leadership and progressive policymaking have created a strong foundation for innovation, making the country a global leader in technology and artificial intelligence (AI).

RBI’s wait-and-watch stance prudent, Dec rate cut not assured: Report

IANS | October 14, 2025 12:00 PM

New Delhi, Oct 14 (IANS) The wait-and-watch policy of the RBI on the monetary policy is prudent, a report said on Tuesday, adding that the bank's dovish tone suggests further easing, but a December rate cut is not "a done deal".

India’s travel economy hits Rs 2.3 lakh crore, and it’s just the beginning: Gajendra Singh Shekhawat (IANS Exclusive)

Archana Sharma | October 14, 2025 11:46 AM

Jaipur, Oct 14 (IANS) Tourism in India is fast emerging as one of the country’s most dynamic economic engines, scripting new success stories. With Rs 2.3 lakh crore in foreign exchange earnings in 2023 and a jump to 8th place in global tourism rankings, India is turning its temples, towns, festivals, and landscapes into serious revenue generators.

Business

IREDA clocks 41 per cent jump in Q2 net profit at Rs 549 crore

Indian corporates to double capex to $800 billion through FY2030: Report

Digital infrastructure will go a long way to meet India’s AI goals: Ashwini Vaishnaw

Digital NBFCs account for 80 pc of personal loan volumes in Q1 FY26: Report

LG Electronics India soars over 50 pc on trading debut, valuation hits $13.07 billion

India's WPI inflation declines to 0.13 per cent in September

Adani, Google forge $15 bn partnership to build India's largest AI data centre in Visakhapatnam

India emerging as global AI leader with visionary policies: FM Sitharaman

RBI’s wait-and-watch stance prudent, Dec rate cut not assured: Report

India’s travel economy hits Rs 2.3 lakh crore, and it’s just the beginning: Gajendra Singh Shekhawat (IANS Exclusive)

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