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India Must Build Semiconductor Manufacturing, Materials And R&D Capabilities: SCL Director General

New Delhi, Oct. 31 -- India needs to strengthen its capabilities across the semiconductor value chain, including manufacturing, materials, research and specialised skills, to reduce dependence on fore... Read More


Bank Credit to Services Sector Surges 28.3% in September, Industry and Agriculture Grow 19.5%: RBI

New Delhi, Oct. 31 -- Bank lending to India's services, industrial and agricultural sectors accelerated in September 2026, with services credit growing 28.3 per cent and industrial and agricultural cr... Read More


Long-Duration Energy Storage Key to Meeting India's 500 GW Non-Fossil Capacity Target by 2030: Report

New Delhi, Oct. 31 -- India's target of achieving 500 GW of non-fossil fuel energy capacity by 2030 will depend on scaling up long-duration energy storage (LDES), with the proposed viability gap fundi... Read More


Gold Holdings Drag India's Forex Reserves Down by USD 1.27 Bn to USD 719.75 Bn: RBI

New Delhi, Oct. 31 -- India's foreign exchange reserves declined by USD 1.269 billion to USD 719.748 billion in the week ended October 23, according to data released by the Reserve Bank of India (RBI)... Read More


Services Exports Rise 7.2% YoY to USD 39.3 Bn in September, Down from 13.7% in August: RBI

New Delhi, Oct. 31 -- India's services exports increased 7.2 per cent year-on-year (YoY) to USD 39.305 billion in September 2026, although growth moderated from 13.7 per cent in August, according to d... Read More


Govt Forms Six-Member Panel Committee to Review Regulations, Capital Needs and Digital Innovation in Banking Sector

New Delhi, Oct. 31 -- The government has constituted a High-Level Committee on Banking for Viksit Bharat to review the banking sector and recommend structural, institutional, regulatory and legislativ... Read More


India's Energy Storage Capacity Must Expand 7.6 Times By FY32: CareEdge

New Delhi, Oct. 31 -- India will need to add 357.4 gigawatt-hours (GWh) of energy storage capacity over the next six years to support its expanding renewable energy sector, according to a report by Ca... Read More


India's Clean Energy Transition Requires USD 2.5 Trillion Investment By 2030: ASSOCHAM

New Delhi, Oct. 31 -- India must strengthen its electricity grid infrastructure, expand battery storage capacity and ensure the commercial viability of clean power to achieve its climate goals, indust... Read More


RBI Central Board Reviews India's Economic Outlook, Discusses Potential Risks And Challenges

Mumbai, Oct. 31 -- The Central Board of Directors of the Reserve Bank of India (RBI) on Friday reviewed prevailing economic conditions and discussed potential risks and challenges to India's economic ... Read More


Maharashtra Sees Larger NBFC Role In MSME, Climate And Transition Finance

Mumbai, Oct. 31 -- Non-banking financial companies (NBFCs) could play a larger role in financing Maharashtra's micro, small and medium enterprises (MSMEs), as well as emerging areas such as climate an... Read More