In a significant move to support businesses, the Government of India has approved a large scale credit guarantee scheme aimed at helping Micro, Small and Medium Enterprises (MSMEs) manage financial stress and cash flow issues. The scheme, part of the Emergency Credit Line Guarantee framewo...
Washington: Crypto projects linked to Donald Trump are facing growing scrutiny following allegations of insider advantages, fund controls and heavy investor losses, sparking debate across the cryptocurrency industry. The controversy centers on tokens such as “TRUMP” and “MELANIA” as well a...
New Delhi: Indian rupee traders are preparing for a period of uncertainty after the Reserve Bank of India (RBI) tightened rules on foreign exchange (FX) positions. At the same time, rising global oil prices are adding pressure on India’s financial markets, especially bonds. RBI Tightens FX...
Fuel prices have seen a noticeable increase in parts of India after Nayara Energy announced a hike in retail rates. Petrol prices have gone up by approximately ₹5.30 per litre, while diesel has increased by around ₹3 per litre in regions where the company operates its fuel outlets. The pri...
Business Galaxy analysis suggests that while there is No official indication from Narendra Modi about a nationwide lockdown, the global conversation around restrictions is raising concerns in economic circles. The possibility of a full lockdown in India remains very low, but even limited o...
Gold prices in Hyderabad have fallen sharply, reaching levels not seen in nearly three months. The decline comes amid fluctuating global markets, strengthening of the rupee, and changing investor sentiment. Current Prices Local jewelers reported that 22 carat gold is trading around ₹5,300 ...
New Delhi: The central government has increased the allocation of commercial LPG cylinders to 50% for states and Union Territories, aiming to strengthen supply and meet rising demand from businesses and service sectors. Officials said the move is intended to support commercial establishmen...
The Central Bureau of Investigation (CBI) on Friday continued questioning industrialist Anil Ambani for a second consecutive day in connection with an alleged ₹2,929 crore loan fraud case linked to the State Bank of India (SBI). Officials said the questioning is part of an ongoing probe in...
Airlines around the world are increasing ticket prices as the ongoing tensions involving Iran begin to affect global aviation costs. The conflict has pushed up fuel prices and forced airlines to adjust routes to avoid sensitive airspace across parts of the Middle East. Industry analysts sa...
The technology sector in Telangana has reached a major milestone, with IT and IT enabled services exports crossing ₹3.6 lakh crore, highlighting the state’s growing importance in India’s digital economy. Officials said the growth reflects increasing global demand for technology services an...
