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12 May 2026


Business

RBI maintains 5.25% Repo rate

The Reserve Bank of India has left the repo rate unchanged at 5.25%, maintaining status quo in its first monetary policy announcement…

Rupee Jumps to 92.56 on US-Iran ceasefire

The Indian rupee moved higher today, gaining 50 paise to trade at 92.56 against the US dollar in early deals. This marks…

Centre brings ₹2.5 lakh cr MSME scheme

The Central government is preparing a major credit guarantee scheme worth ₹2–2.5 lakh crore to help businesses manage the economic impact of…

Rupee rises 33 paise to 92.85 vs dollar

Rupee saw a modest recovery on April 6, 2026, rising by 33 paise to 92.85 against the US dollar in early trade.…

India boosts Russian oil imports by 90%

India sharply increased its imports of Russian crude oil in March as tensions in West Asia disrupted supplies from the Middle East.…

Russia offers more oil, gas to India

Russia has offered to increase the supply of oil and natural gas to India during recent high-level talks in New Delhi. The…

New chip plant opens in Sanand, Gujarat

Prime Minister Narendra Modi inaugurated a semiconductor facility in Sanand, Gujarat, marking a key milestone in India’s push to build a strong…

Rupee drops past 95 against dollar

The Indian rupee has weakened further as tensions in West Asia continue to unsettle global markets, pushing up crude oil prices and…

₹7,100 cr in for electronics components

The Indian government has approved 29 new electronics component projects under its Electronics Component Manufacturing Scheme (ECMS), totaling ₹7,104 crore in investment. The…

Noida International Airport Phase 1 inaugurated

The first phase of Noida International Airport has been inaugurated by PM Modi, marking a major step in expanding air travel capacity…