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India’s forex reserves rise by $964 million to $675.16 billion: RBI

Jul 17, 2026

Mumbai, July 17 (IANS) India's foreign exchange reserves increased by $964 million to $675.16 billion for the week ended July 10, according to data released by the Reserve Bank of India (RBI) on Friday.The latest increase follows a sharp rise of $7.26 billion in the previous reporting week, when the country's forex reserves had climbed to $674.19…

Tesla sells fewer than 500 cars in first year of India operations

Jul 17, 2026

New Delhi, July 17 (IANS) Elon Musk-backed Tesla has sold fewer than 500 electric vehicles (EVs) in India during its first year of operations, underscoring the challenges of gaining a foothold in the country's premium automobile market…

Business

GCCs account for 45 pc of gross office leasing in India during Jan-June

Jul 17, 2026

New Delhi, July 17 (IANS) Global capability centres leased around 19.2 million sq. ft. of office space in the first half of 2026, accounting for 45 per cent of gross leasing across India’s top seven cities, a report said on Friday.The…

Business

Central Bank of India clocks 13 pc jump in Q1 profit to Rs 1,324 crore

Jul 17, 2026

Mumbai, July 17 (IANS) Central Bank of India on Friday reported a 13.3 per cent year-on-year increase in its net profit for the first quarter (Q1 FY27), driven by healthy growth in net interest income and lower provisions, even as its…

Business

Bharat Tex 2026 secures Rs 14,300 crore investment commitments

Jul 17, 2026

New Delhi, July 17 (IANS) Bharat Tex 2026 has secured textile investment commitments worth around Rs 14,300 crore and generated business enquiries valued at nearly $2.8 billion, reinforcing India's growing position as a global textile…

Business

EU cementing ties with India as bloc looks beyond China: Report

Jul 17, 2026

New Delhi, July 17 (IANS) The European Union (EU) and India have agreed to deepen ties on trade and technology, making India only the second country after the United States to have this level of formal partnership with Brussels, according…

Business

Sensex jumps 965 points, Nifty tops 24,300 on buying in banks, IT stocks

Jul 17, 2026

Mumbai, July 17 (IANS) Indian equity benchmarks ended sharply higher on Friday, supported by strong buying in private banking, information technology and auto stocks.The Sensex rallied 964.58 points, or 1.25 per cent, to close at 78,151.45.…

Business

MCX cautions investors over fake Telegram channel offering market tips

Jul 17, 2026

New Delhi, July 17 (IANS) The Multi Commodity Exchange of India (MCX) on Friday cautioned investors against a Telegram channel allegedly misusing its brand name to offer market tips and urged them to stay away from illegal commodity trading…

Business

SpaceX shares slip below IPO price after Starship launch abort

Jul 17, 2026

New York, July 17 (IANS) SpaceX shares slipped below their initial public offering (IPO) price for the first time after the company aborted the launch of its flagship Starship rocket, extending the stock's losing streak since its market…

Business

EPFO launches VISHWAS 2026 for amicable settlement of penalty-related disputes

Jul 17, 2026

New Delhi, July 17 (IANS) The Employees’ Provident Fund Organisation (EPFO) has launched "VISHWAS 2026", a one-time dispute resolution initiative to facilitate amicable settlement of disputes relating to the levy of penalty or damages under…

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