Mumbai, April 15 (IANS) Shares of Ujjivan Small Finance Bank fell sharply on Wednesday after the Reserve Bank of India returned its application for a universal banking licence, even as the broader market traded higher.
New Delhi, April 15 (IANS) India’s merchandise trade deficit narrowed to $20.67 billion in March this year as the country’s exports rose 6.3 per cent to $38.92 billion from $36.61 billion in February, according to official figures released by the Commerce Ministry on Wednesday.
New Delhi, April 15 (IANS) India’s gem and jewellery exports stood at $27.72 billion (about Rs 2,44,827.26 crore) in FY26, registering a marginal growth of 0.93 per cent in rupee terms, compared to Rs 2,42,559.39 crore in the previous financial year (FY25).
Mumbai, April 15 (IANS) Industrial gearbox manufacturer and a premier material handling equipment (MHE) provider Elecon Engineering Company Limited on Wednesday reported a sharp 96 per cent drop in its net profit to Rs 6 crore for the fourth quarter (Q4) of FY26, mainly due to a large exceptional loss during the period.
New Delhi, April 15 (IANS) India’s wholesale price inflation (WPI) saw a rise in March, driven largely by higher global energy prices amid geopolitical tensions in West Asia, according to economists on Wednesday.
New Delhi, April 15 (IANS) A team of Commerce Ministry officials is scheduled to visit Washington, DC, next week for trade talks with their US counterparts, according to officials.
New Delhi, April 15 (IANS) Indian Railways has electrified 99.6 per cent of its broad gauge network, operates about 25,000 trains daily and has carried 741 crore passengers in 2025–26, the government said on Wednesday.
New Delhi, April 15 (IANS) The Centre is reportedly considering a new fuel price stabilisation mechanism aimed at protecting consumers from sharp fluctuations in petrol, diesel and LPG prices amid rising global energy volatility.
New Delhi, April 15 (IANS) India's patent ecosystem is showing signs of structural strengthening, reflecting sustained growth in domestic innovation and wider intellectual property awareness, according to a report.
New Delhi, April 15 (IANS) Air India has reported a wider-than-expected annual loss of over Rs 22,000 crore ($2.4 billion or Rs 220 billion) for FY26, prompting the airline to seek fresh capital support from its shareholders, including Tata Group and Singapore Airlines, a report has said.
