India’s merchandise exports grew 9.03% year-on-year to $38.49 billion in April, while the imports during the month rose 19.12% to $64.91 billion, resulting in a trade deficit of $26.42 billion, data from the Ministry of Commerce & Industry said on Thursday.
The stock market surged midday on strong buying interest on Thursday, with Nifty surpassing the 25,000 level for the first time since October 17, 2024.
In the financial year 2024-25 (FY25), creditors recovered over ₹67,000 crore from companies undergoing bankruptcy proceedings. This marked the highest-ever annual recovery under India’s Insolvency and Bankruptcy Code (IBC).
The tax benefit allows eligible startups a 100% income tax deduction on profits for any three consecutive years within a ten-year window from the date of incorporation.
Reliance Industries has secured a dual-currency loan worth the equivalent of USD 2.9 billion, according to a report by Bloomberg.
With the India Meteorological Department forecasting an early onset of the southwest monsoon, farmers across Tamil Nadu have begun preparations for the Kuruvai paddy cultivation season.
Shares of Muthoot Finance on Thursday slipped 7.25 per cent or Rs 163.90 to hit an intra-day low of Rs 2,096 on the national Stock Exchange (NSE) amid Reserve Bank of India's (RBI) draft loan-to-value (LTV) norms.
Passenger vehicle wholesales got off to a positive start in fiscal 2025–26, registering nearly 4% growth in April to 348,847 units.
Tata Capital reported a 31% year-on-year (YoY) increase in its consolidated profit after tax (PAT) on Wednesday, reaching Rs 1,000 crore for the three months that ended in March 2025. The initial public offer (IPO)-bound company had posted a profit after tax (PAT) of Rs 765 crore in the year-ago period.
Benchmark indices failed to build on the opening gains to end marginally higher on Wednesday in the highly volatile market.
