LiveRBI Conducts at Least $10 Billion FX Swaps to Drain Excess Liquidity
The Reserve Bank of India has carried out currency swaps worth at least $10 billion over the past two weeks as it steps up efforts...
Category : INDIA
India Flash PMI Rises to 56.5 in September as Manufacturing Growth Picks Up
India’s private sector activity strengthened in September, with the HSBC Flash Composite PMI rising to 56.5 from 54.3 in August. The improvement was led by...
Ministry of Defence Signs Rs 586 Crore Deal for Tank Power Units
Ministry of Defence signed a Rs 586 cr deal with Accurate Industrial Controls for auxiliary power units for the Army’s T-72 and T-90 tanks. The...
RBI Eases KYC Norms for FPIs at Co-operative Banks
RBI expanded KYC document options for FPIs banking with rural and urban co-operative banks, permitting overseas-certified copies. Until now, when an FPI wanted to complete...
Railways Approves Rs 497 Cr Chouk-Karjat Doubling Project
Indian Railways has cleared a Rs 497 crore project to double the 10.86-km Chouk-Karjat rail line in Maharashtra, aimed at easing traffic on a busy...
India’s Solar Capacity Hits 168 GW, Up 60x in 12 Years
India’s total installed solar capacity crossed 168 GW by August 2026, according to MNRE data, marking a nearly 60-fold jump since 2014. Solar is now...
Applied Materials Plans $5 Billion India Investment to Build Global Chip Equipment Hub
US semiconductor equipment maker Applied Materials plans to invest $5 billion in India over the next decade as it expands the country’s role from a...
Coal Inventory at Thermal Power Plants Fall to Nine Days
Coal inventories at India’s thermal power plants have fallen to their lowest level in nearly three years, raising concerns over fuel availability as electricity demand...
Tamil Nadu Secures Rs 15,300 Crore Investment From UK Trip
Tamil Nadu CM Vijay’s UK visit secured Rs 15,300 crore in investments, expected to create over 10,000 jobs in the state. This visit is part...
Coal Power Growth Flat for Two Years amid India’s Clean Energy Push
India’s rapid expansion of clean energy has reached a significant milestone, with coal-fired power generation recording no growth over a two-year period for the first...