India has reached a major climate milestone by achieving 50 % of its installed power generation capacity from non-fossil fuel sources, five years ahead of its 2030 target under the Paris Agreement, signed in December 2015.As per official sources cited by PTI, non-fossil fuel sources now make up half of India’s total power generation capacity…
Wall Street edged higher on Friday as the S&P 500 and Nasdaq hovered near record highs, putting US stocks on track for a third winning week in the past four. Strong corporate earnings, easing Treasury yields, and growing speculation of a Federal Reserve rate cut fuelled investor optimism.The S&P 500 rose 0.2% in early trade…
JSW Steel on Friday reported a more than two-fold rise in its consolidated net profit at Rs 2,209 crore for the April–June quarter, driven by lower expenses and higher volumes. The company had posted a net profit of Rs 867 crore in the corresponding quarter of FY25, it said in a regulatory filing.Total income rose…
India’s foreign exchange reserves fell by $3.064 billion to $696.672 billion in the week ended July 11, according to the latest data released by the Reserve Bank of India on Friday. This marks a second consecutive weekly decline, following a $3.049 billion drop in the previous week when reserves stood at $699.736 billion, PTI reported….
Brokerage firm Citi has cut down its rating on Indian equities to ‘neutral’ from ‘overweight’, pointing to expensive valuations and weaker earnings growth forecasts.“India remains most expensive market (23 times) vs both its peers and its own average valuation,” the firm said in a note, even as it acknowledged that India’s macroeconomic story is stronger…
State-owned Indian Overseas Bank (IOB) on Friday reported a 76% year-on-year (YoY) rise in net profit to Rs 1,111 crore for the quarter ended June 2025, aided by improved income and asset quality.The Chennai-headquartered bank had posted a net profit of Rs 633 crore in the same quarter last fiscal, it said in a regulatory…
Taiwanese semiconductor giant TSMC is accelerating its US expansion, stepping up the construction of its second and third chip fabrication plants in Arizona as part of plans to build a massive “gigafab” cluster in the state, as per a report by Focus Taiwan.Taiwan Semiconductor Manufacturing Co. (TSMC) is advancing its strategy to meet increasing global…
ITR filing: The Income Tax Return (ITR) filing deadline for FY 2024-25, assessment year 2025-26 is September 15, 2025. ITR filing FY 2024-25: The Income Tax Department has opened the online e-filing of ITR-2 on the Income Tax Portal incometax.gov.in/iec/foportal/. The online submission system for Form ITR-2 was opened on July 18, 2025. This development…
Prime Minister Narendra Modi will be flagging off four new Amrit Bharat Express trains in Bihar on Friday, in a major boost to rail infrastructure and regional connectivity. PM Modi is scheduled to visit Bihar and West Bengal on 18th July. During his visit, he will inaugurate, dedicate, and lay the foundation stone for a…
RIL shares are actually outperforming the Nifty50 benchmark index by the biggest gap seen in five years. (AI image) RIL share price: Shares of Mukesh Ambani-led Reliance Industries are seeing a big rally this year, beating the Indian equity benchmark indices in returns after two years. The rally in RIL stock has added a whopping…