Union Bank of India dismisses reports on deposit variation

IANS | April 30, 2026 11:21 AM

Mumbai, April 30 (IANS) State-owned Union Bank of India on Thursday dismissed recent media reports regarding variations in deposits, stating that the claims are based on an unverified letter and contain factual inaccuracies.

PLI booster: Apple iPhone exports hit record Rs 2 lakh crore in FY26

IANS | April 30, 2026 11:06 AM

New Delhi, April 30 (IANS) India's iPhone exports hit a record Rs 2 lakh crore in FY26 -- the country's single largest branded export ahead of diamonds, automotive fuel, and medicines -- in the final year of the government's production-linked incentive (PLI) scheme for large-scale electronics manufacturing.

Rupee slips past 95 against US dollar amid crude spike

IANS | April 30, 2026 10:05 AM

Mumbai, April 30 (IANS) Domestic currency weakened past the 95-per-dollar mark to hit a record low on Thursday, pressured by a sharp rise in global crude oil prices amid escalating tensions between the US and Iran.

Sensex, Nifty fall nearly 1 pc as oil surge weighs on sentiment

IANS | April 30, 2026 9:37 AM

Mumbai, April 30 (IANS) Indian equity benchmarks started Thursday’s session -- the final trading day of the week -- on a weaker note, with both indices declining nearly 1 per cent in early deals, as a sharp jump in crude oil prices dented sentiment and outweighed support from stock-specific earnings gains.

Centre aims $2 trillion export target by 2030-31

IANS | April 29, 2026 11:11 PM

New Delhi, April 29 (IANS) India is targeting $2 trillion in total exports by 2030–31, comprising $1 trillion in merchandise exports and $1 trillion in services exports, the government said on Wednesday.