News Overview

India's full Budget may increase spending due to higher dividends from the RBI, maintaining the fiscal deficit target while boosting growth.

The OAI classification is the most severe of the three possible classifications assigned by the US FDA

The state-owned telco was unable to pay interest on its 7.59% July 2033 notes, which were insured by the government.

The rating agency also expects the government to focus on divestments that have missed their aims for the last five years.

Power Mech Projects stock has gained a total of 56% in the last one year, and witnessed a 32% gain since the beginning of the year.

Revenue for the June quarter was reported at ₹1,268.97 Crore, which is an increase from ₹1,257.53 Crore recorded in the corresponding quarter of the previous year.

In the Sensex index, the leading gainers are Infosys, ITC, Asian Paints, and Titan Company.

The initiative aims to achieve 100% solarisation by 2025, reflecting the ambitious environmental goals of both organizations.

The bond issuance attracted substantial interest, with a total of 127 bids amounting to ₹15,318 Crore.

From 2024 to 2032, the industry projects that India's ATM market will expand at a compound annual growth rate (CAGR) of 9.2%.