India is set to take a major step in expanding its nuclear energy programme, with plans to invite bids for the establishment of a 220 MWe Bharat Small Modular Reactor (BSMR-200), within the next three to six months. The project is considered as a major part of the country’s clean energy transition, officials told ET.Foreign…
Dalal Street will closely watch developments in the US-Iran conflict, crude oil price movements, and the ongoing corporate earnings season for direction this week, analysts said. They added that foreign investor activity will also remain an important factor influencing trading trends. “Geopolitical developments in the US-Iran conflict will remain a key monitorable, given their direct…
India and the United States are set to resume trade negotiations this week, with a delegation of about a dozen officials travelling from New Delhi to Washington for discussions on the first phase of the proposed bilateral trade agreement (BTA). The talks, scheduled from April 20 to 22, will be led by India’s chief negotiator…
Dalal Street ended the week in green, lifting the combined market value of eight of India’s top ten companies by Rs 1,87,497.45 crore in the past week. Bharti Airtel stood out as the biggest gainer during this period.The broader market remained upbeat, with the BSE Sensex advancing 943.29 points, or 1.21 per cent, and the…
India’s growth trajectory is expected to remain steady despite the ongoing Middle East crisis, that has sent ripples across the globe. In its latest report, SBI Research said that the country is navigating oil shocks and the Iran war from a “situation of strength”, projecting GDP growth at 6.8% to 7.1% in FY27.The report noted…
India’s cooking gas consumption saw a sharp decline in March, with LPG usage falling 13 per cent year-on-year due to supply disruptions linked to the ongoing Middle East conflict, according to official data.LPG consumption stood at 2.379 million tonnes in March, down from 2.729 million tonnes in the same month last year. The decline comes…
NEW DELHI: Becoming a pilot has just got more expensive with the hike in jet fuel price and the rupee crashing. Getting a commercial pilot licence (CPL) in India — which involves flying for a minimum of 200 hours and clearing theory exams — used to cost about Rs 50-60 lakh earlier in India, and…
Gold and silver have marked gains of around 10% and 5% year-to-date. Should you buy gold this Akshaya Tritiya? We asked five experts: (AI image) Gold buying in India is not just about its safe haven status – it is traditionally considered auspicious. Festivals across the year become major days on which gold buying peaks….
NEW DELHI: HDFC Bank, the country’s largest private lender, has recorded a net profit of Rs 19,221 crore during the fourth quarter of last financial year, up 9.1% from Rs 17,616 crore a year ago, while full-year net profit rose to Rs 74,671 crore from Rs 67,347 crore, an increase of 10.9%. The board recommended…
The National Bank for Financing Infrastructure and Development (NaBFID) has signed a Memorandum of Agreement with Projects Development Company of Rajasthan Limited (PDCOR) to strengthen advisory services for state and city-level infrastructure projects.The agreement will also allow both institutions to jointly explore financing and transaction advisory opportunities, including transaction structuring, commercial and technical due diligence,…