State-run coal giant Coal India Limited (CIL) has signaled a robust commitment to long-term operational efficiency and national energy security, reporting a substantial surge in capital expenditure (capex) for the first half of the 2027 financial year. According to a regulatory filing submitted on Tuesday, the company invested ₹7,966 crore between April and September 2026, […]
Anand Mahindra Adopts BHIM App: A Milestone for India’s Indigenous Digital Payments Ecosystem
MUMBAI / NEW DELHI — In a high-profile endorsement of home-grown financial technology, Mahindra Group Chairman Anand Mahindra has officially transitioned to the BHIM (Bharat Interface for Money) digital payments application. The move follows an enlightening conversation with Dilip Asbe, the Managing Director and Chief Executive Officer of the National Payments Corporation of India (NPCI). […]
Tata Motors Secures 87.8% Stake in Italy’s Iveco Group After Intense Bidding Battle
MILAN / MUMBAI — In a landmark cross-border transaction that reshapes the global commercial vehicle landscape, Indian automotive titan Tata Motors has successfully crossed the finish line in its takeover bid for Italy’s iconic truck and powertrain maker, Iveco Group. According to an official corporate release issued by Tata Motors, the all-cash voluntary tender offer—executed […]
Paytm Parent One 97 Communications Posts Robust Q2 FY27 Net Profit of ₹226 Crore, Driven by Strong UPI Growth and Core Operational Expansion
New Delhi: One 97 Communications Ltd, the parent company of digital payments giant Paytm, announced its financial results for the second quarter of fiscal year 2027 on Monday, October 26. The company reported a significant surge in profitability, posting a net profit of ₹226 crore for the quarter ended September 2026. This marks a massive […]
Market Volatility Reigns: Sensex and Nifty Navigate Global Headwinds on October 26, 2026
By BusinessLine Editorial Desk The Indian equity markets faced a turbulent session on Monday, October 26, 2026, as investors grappled with a complex web of macroeconomic pressures. Despite a modest intraday recovery that saw the Sensex gain over 200 points, the broader market sentiment remained cautious, with the Nifty 50 struggling to find firm ground […]
Bank of India Eyes Margin Expansion and Steady Growth on the Back of RBI’s Rate Hikes
MUMBAI — In an era marked by shifting monetary policies, tightening global liquidity, and evolving regulatory landscapes, public sector lenders in India are navigating a complex economic environment. Among them, the Bank of India (BoI) has positioned itself for a resilient performance in the upcoming quarters. Buoyed by the Reserve Bank of India’s (RBI) recent […]
Wheat Market Strains: Millers Urge Government to Boost Weekly Auction Quotas Amid Scarcity
By Industry Correspondent October 25, 2026 The Indian wheat market is currently navigating a period of paradoxical tension. Despite government reports of record-breaking production and comfortable buffer stocks, flour millers across the nation are reporting a severe supply crunch in the open market. This disparity has culminated in a direct plea from the milling industry […]
X Poised to Revolutionize Micro-Payments: Elon Musk Unveils One-Tap Money Transfer Feature
By IANS In a move that signals a significant shift in the evolution of social media, Elon Musk has announced a transformative new feature for X (formerly Twitter) that aims to turn the platform into a global hub for instant, frictionless financial transactions. By integrating a micro-payment system directly into the user interface, Musk intends […]
India-Germany Economic Ties Surge: Exports Projected to Cross $50 Billion by 2030, Powered by FTA and Industrial Synergy
NEW DELHI — India’s economic and strategic trajectory with Europe is entering an unprecedented era of growth. According to a landmark report released by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s total exports of goods and services to Germany are projected to skyrocket past the $50 billion mark by the year […]
Fortifying the Digital Frontier: PM Modi Inaugurates RBI’s State-of-the-Art Data Centre and Cybersecurity Institute
Bhubaneswar, October 25, 2026 — In a landmark move aimed at insulating India’s rapidly digitizing economy against the rising tide of global cyber threats, Prime Minister Narendra Modi inaugurated the Reserve Bank of India’s (RBI) cutting-edge Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha, on Sunday. The dual-facility complex represents a strategic pivot in […]