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Gold imports surge nearly 29% in FY26, widen trade deficit

India, April 6 -- India's gold imports rose 28.73% year-on-year to USD 69 billion during April–February FY26, driven by elevated prices of the precious metal, as per Commerce Ministry data. In ... Read More


Rupee gains 33 paise in early trade amid RBI measures

India, April 6 -- The Indian rupee strengthened by 33 paise to 92.85 against the US dollar in early Monday trade, supported by the Reserve Bank of India tightening norms to curb speculative positions,... Read More


GoI floating rate bond 2028 interest rate set at 6.17% for H1FY27

India, April 6 -- The Government of India has fixed the interest rate on Floating Rate Bond 2028 (FRB 2028) at 6.17% per annum for the half-year period from April 4, 2026 to October 3, 2026. The bond... Read More


IEX reports record volumes in FY26; Power prices decline on higher supply

India, April 6 -- Indian Energy Exchange (IEX) reported its highest-ever electricity traded volume of 141 billion units (BU) in FY26, registering a 17% year-on-year growth. The exchange also recorded ... Read More


Jindal Steel and Power Drives Coal Gasification Push to Boost Energy Self-Reliance

India, April 6 -- Jindal Steel is emerging as a key player in India's coal gasification revolution, leveraging indigenous coal to enhance energy security and promote low-carbon steel production. The ... Read More


Greaves Electric Mobility's Ampere Magnus Grand wins 'Electric Scooter of the Year 2026'

India, April 6 -- Greaves Electric Mobility announced that its family-focused e-scooter, Ampere Magnus Grand, has been awarded 'Electric Scooter of the Year 2026' at the Bike India Awards. The Magnus... Read More


States' market borrowing seen at Rs 2.55 lakh crore in Q1FY27; RBI introduces benchmark strategy

India, April 6 -- The Reserve Bank of India has outlined the indicative calendar for state government borrowings for April–June 2026, with total market borrowings estimated at Rs 2.55 lakh crore... Read More


Auto retail sales rise 13.3% in FY26, hit record high: FADA

India, April 6 -- India's automobile retail sales grew 13.3% year-on-year to a record 2.97 crore units in FY26, driven by improved demand across segments, according to FADA. Passenger vehicle sales r... Read More


India services growth eases to 14-month low in March: PMI

India, April 6 -- India's services sector expanded at its slowest pace in 14 months in March, reflecting a moderation in new business inflows, according to the latest survey. The seasonally adjusted ... Read More


Bank of Maharashtra reports 22% loan growth in Q4FY26

India, April 6 -- Bank of Maharashtra reported a strong 22% year-on-year growth in total advances, reaching Rs 2.92 lakh crore for the quarter ended March 2026. The bank's outstanding credit stood at... Read More