business

RBI Measures May Help India Maintain $75 Billion BoP Surplus in FY27: Bank of Baroda

RBI measures to attract foreign inflows could help India maintain a $65–75 billion balance-of-payments surplus in FY27, while boosting forex reserves, says Bank of Baroda.

US-Venezuela Oil Deal: Washington Eyes 65 Billion Barrels to Boost Energy Security

India Data Centre Boom: Investments to Add 0.13% to GDP by 2030, Moody’s Says

Volkswagen Job Cuts: 1 Lakh Jobs to Go by 2030 in Major Cost-Cutting Plan

Bharat Tex, Première Vision Sign MoU to Boost India-France Fashion Ties

Bharat Tex Trade Federation and Première Vision have signed an MoU to strengthen India-France fashion and textile collaboration, expand premium exports and improve global market access.

Air India Phuket-Delhi Flight Incident: AAIB Preliminary Report Soon

Civil Aviation Minister Ram Mohan Naidu says the AAIB’s investigation into the August 4 Air India Phuket-Delhi flight incident is progressing, with a preliminary report expected soon.

Bhupendra Patel Courts Fresh Investments Ahead of Vibrant Gujarat Summit 2027

Gujarat CM Bhupendra Patel held meetings with leading industrialists in Mumbai to discuss expansion and new investments across EVs, steel, renewable energy, textiles and more ahead of VGGS 2027.

RBI Swap Facility May Push Forex Reserves Above $750 Billion: DBS

The RBI’s special swap windows raised $136.3 billion by end-August, potentially lifting India’s forex reserves above $750 billion and giving the central bank greater room to defend the rupee.

WhatsApp Launches Bill Payments in India via Bharat Connect Network

WhatsApp has launched bill payments in India through the Bharat Connect network, allowing users to pay electricity, gas, water, FASTag, insurance and other bills.

Rupee Surges 67 Paise to Two-Month High on Strong FCNR-B Inflows

The Indian rupee surged 67 paise to 94.30 against the US dollar, its biggest single-day gain since June, after robust FCNR-B inflows strengthened India’s external position.