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Govt ensuring citizens get fuels at affordable prices: Hardeep Puri

Govt ensuring citizens get fuels at affordable prices: Hardeep Puri

0Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday told the Parliament that the government is committed towards ensuring energy security, affordability, and accessibility for every citizen, highlighting that despite international crude oil price fluctuations, domestic petrol and diesel prices have been reduced owing to various steps taken by the government and public sector oil marketing companies.

India’s BFSI GCC sector to reach over $125 billion by 2032: Report

India’s BFSI GCC sector to reach over $125 billion by 2032: Report

India's Banking, Financial Services and Insurance- Global capabilities Centre sector (BFSI GCC) was valued at $40-41 billion in 2023 and is projected to grow to a staggering $125-135 billion by 2032, reflecting a CAGR of 12-13 per cent, a report said on Thursday.

Carbon emission of India’s grid electricity falls 7 pc as green energy share rises

Carbon emission of India’s grid electricity falls 7 pc as green energy share rises

With the steadily increasing share of renewable energy in the national grid and promotion of clean and efficient energy technologies, there has been significant decrease of about 7 per cent (from 0.78 kg / KWh in 2014-15 to 0.72 Kg / KWh in 2023-24) in average carbon emission intensity of grid electricity in India, the Parliament was informed on Thursday.

UIDAI unveils Aadhaar-based authentication framework for cooperative banks

UIDAI unveils Aadhaar-based authentication framework for cooperative banks

The Unique Identification Authority of India (UIDAI) on Thursday rolled out a new framework to onboard cooperative banks and enable them to deliver Aadhaar-based authentication services to mark the International Year of Cooperatives, the Ministry of Electronics and IT said on Thursday.

अप्रैल-जून में भारत की जीडीपी 6.8-7 प्रतिशत बढ़ने की संभावना: रिपोर्ट

अप्रैल-जून में भारत की जीडीपी 6.8-7 प्रतिशत बढ़ने की संभावना: रिपोर्ट

गुरुवार को जारी एक रिपोर्ट में कहा गया है कि इस वित्त वर्ष की पहली तिमाही (वित्त वर्ष 26 की पहली तिमाही) में भारत की जीडीपी 6.8 प्रतिशत से 7 प्रतिशत के बीच बढ़ने की उम्मीद है। ऐसा उच्च विवेकाधीन खर्च के कारण होगा, जो देश में मांग-आधारित विकास को गति देगा।

एसबीआई रिसर्च ने कहा कि इस तिमाही के लिए सकल मूल्य वर्धित (जीवीए) वृद्धि 6.5 प्रतिशत रहने का अनुमान है। साथ ही, उन्होंने यह भी कहा कि वित्त वर्ष 26 की पहली तिमाही में वास्तविक और नाममात्र विकास के बीच का अंतर काफी कम हो जाएगा।

India’s GDP likely to grow 6.8-7 pc in April-June: Report

India’s GDP likely to grow 6.8-7 pc in April-June: Report

India’s GDP is expected to grow between 6.8 per cent-7 per cent in the first quarter this fiscal (Q1 FY26), due to higher discretionary spending which will drive demand-led growth in the country, a report said on Thursday.

The gross value added (GVA) growth is estimated at 6.5 per cent for the quarter, SBI Research said, adding that the gap between real and nominal growth will significantly narrow in Q1 FY26.

Stock market gains in early trade, Nifty holds at 25,000 amid mixed global cues

Stock market gains in early trade, Nifty holds at 25,000 amid mixed global cues

The Indian benchmark indices inched up marginally in the morning trade on Thursday amid mixed global cues.

Sensex climbed by 89 points or 0.11 per cent to 81,947. Nifty edged higher by 14 points or 0.06 per cent to 25,064 points.

Broader markets started the day mixed, as the Nifty midcap 100 index slipped slightly by 0.10 percent and while Nifty smallcap index 100 rose by 0.22 per cent.

The Nifty IT index fell by 0.61 per cent, the Nifty FMCG index slipped by 0.42 per cent, while the Nifty Realty index advanced by 0.79 per cent. Most of the other indices showed moderate losses and minor gains.

EPFO records all-time high addition of 21.89 lakh net members during June

EPFO records all-time high addition of 21.89 lakh net members during June

The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 21.89 lakh members in June this year, marking the highest ever increase since payroll data tracking began in April 2018, according to an official statement issued on Wednesday.

Credit costs for banks rise in Q1FY26, GNPA improves marginally YoY: Report

Credit costs for banks rise in Q1FY26, GNPA improves marginally YoY: Report

The amount of loans disbursed by Scheduled Commercial Banks (SCBs) in India grew 9.5 per cent YoY in Q1FY26, slightly lagging deposit growth at 10.1 per cent, with growth expected to remain moderate ahead, a report said on Wednesday.

The credit cost of SCBs increased by 19 bps YoY, and also a marginal improvement in asset quality was seen for the quarter, with the Gross Non-Performing Asset (GNPA) ratio declining to 2.3 per cent from 2.7 per cent a year earlier, CareEdge Ratings said in its report.

GNPA levels improved by 9.5 per cent YoY to Rs 4.18 lakh crore as of Q1FY26, driven by steady recoveries, upgradations, and write-offs, particularly among Public Sector Banks (PSBs).

The Net Non-Performing Asset (NNPA) ratio held steady even as GNPAs edged up 0.5 per cent sequentially every quarter due to increased slippages in microfinance and unsecured lending segments at select banks.

Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

The Indian equity indices settled in positive territory on Wednesday amid strong buying in the IT and FMCG sectors.

The market sustained its positive momentum, supported by strong domestic inflows. Sensex ended the session at 81,857.84, up 213.45 points or 0.26 per cent.

The 30-share index opened with a marginal gain at 81,671.47 against last session's closing of 81,644.39.

The index remained rangebound amid buying in the IT and FMCG sectors and selling pressure in banking and financial service stocks. The Nifty closed 25,050.55, 69.90 or 0.28 per cent.

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