MUMBAI: Finance minister Nirmala Sitharaman on Friday called upon banks to embrace innovation and digital transformation, emphasising the need to adapt to changing customer expectations and technological advancements.At an event in State Bank of India (SBI), where she virtually inaugurated 70 new branches and 501 women customer service points across the country, she said: “With…
NEW DELHI: The government has lifted the export ban on broken rice to promote its shipments. The ban was imposed in September 2022. “Export policy of broken rice has been amended from prohibited to free with immediate effect,” the Directorate General of Foreign Trade has said in a notification. Exporters have earlier urged the government…
<p>Representative image<br></p> NEW DELHI: Solar capacity additions in India will accelerate in the Financial Year (FY) 2026 and FY27, with 85-90 GW of new solar capacity expected to be added during these two years combined, according to a report by SBI Caps.The report adds that the additions of residential rooftop solar support the sector to…
NEW DELHI: As geopolitical tensions evolve into new forms, 40 per cent of board members and C-suite executives are are now identifying economic conditions as the most significant risk factor for their organisations over the next two to three years, according to a report by Protiviti.The 2025 edition of Executive Perspectives on Top Risks report…
After a small recovery last week, the Indian equity market is brimming with anticipation as it looks to sustain its upward momentum. The Nifty 50 broke a three-week losing streak, closing nearly 2% higher despite global uncertainties, including the looming threat of trade wars. The rebound was fuelled by positive macroeconomic indicators, a drop in…
India’s foreign exchange reserves fell by $1.781 billion in the week ending February 28, bringing the total to $638.698 billion, latest data from the Reserve Bank of India (RBI) revealed.The country’s forex reserves have been on a volatile trajectory, touching an 11-month low after nearly four continuous months of declines. While some weeks have seen…
The combined market value of seven of the top ten most valued companies in India surged by Rs 2,10,254.96 crore, driven by strong momentum in the stock markets last week. Among the biggest gainers were Tata Consultancy Services (TCS) and State Bank of India (SBI).During the week, the 30-share Sensex rose by 1,134.48 points (1.55%),…
NEW DELHI: Food and beverage giant PepsiCo is aiming to double its revenue in India over the next five years, placing the country as a major driver of its global growth. The company is making significant investments to expand its capacity, with India & South Asia CEO Jagrut Kotecha describing the market as a “key…
