Hurun Rich List 2025: Ambani Family Tops India’s Wealth Rankings; Adani Group Leads First-Generation Businesses Mumbai: The Ambani family has retained its position as the wealthiest in the country, securing the top spot in the Hurun India Most Valuable Family Businesses 2025 list with a…
Tag: Indian Economy
Sensex Ends 79 Points Higher at 80,623; Nifty Gains 22 Points Amid IT, Banking Support
Sensex Rises 79 Points to Close at 80,623; Nifty Ends 22 Points Higher Amid Gains in IT and Banking Stocks Mumbai, August 7, 2025: Indian stock markets closed on a positive note today, with the Sensex gaining 79 points to settle at 80,623, and the…
Trump Imposes 25% Tariff on Indian Goods Over Russia Trade and Market Barriers
Washington D.C., July 29, 2025: Former U.S. President Donald Trump has announced a 25% tariff on imports from India, effective August 1, citing India’s continued purchase of arms and oil from Russia. The move marks Trump’s second statement on India’s trade practices within 24 hours.…
Oil Companies Reap ₹15/Litre Profit as Crude Hits 4-Year Low; No Price Relief for Consumers
Fuel Prices Unchanged Despite Record Profits: Govt & Oil Firms Reap ₹35 Lakh Crore 85% of Subsidies Funded Through Fuel Taxes as Consumers Pay High Prices Crude oil prices have fallen to a four-year low, currently trading at $65.41 per barrel — a level last…
Sensex Plunges 1,390 Points, Nifty Drops 354 Points Amid Global Uncertainty
Sensex Crashes by 1,390 Points, Nifty Falls 354 Points Sensex loses intra-day 76,000 level, Nifty drops below 23,150; small-cap and mid-cap stocks show resilience. Trump claims India is ready to reduce tariffs; FPIs sell stocks worth ₹5,902 crore. Mumbai: Global markets, including Indian stock exchanges,…
MSME Loan Portfolio Expands Rapidly, Reaching ₹64.1 Lakh Crore in FY 2024
Significant Growth in Loans for Self-Employed Individuals and Microfinance Sector Mixed Trends in Portfolio Quality: Improvement for Self-Employed, Challenges for MSME Entities The financial year 2024 saw significant growth in the Micro, Small, and Medium Enterprises (MSME) loan portfolio, reflecting increased credit availability for small…