By Antonio Di Giacomo, Senior Market Analyst at XS.com The S&P 500 recovered ground and traded slightly higher after trimming initial losses, driven by renewed optimism about a potential de-escalation of the conflict in the Middle East. The index held near the 6,590 level, showing resilience amid geopolitical uncertainty,…
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A cautious recovery in silver (XAGUSD): How will the decline of the US dollar and the complexities of the geopolitical landscape impact it
By Rania Gule, Senior Market Analyst at XS.com – MENA The silver market is currently experiencing a complex interplay between monetary and geopolitical factors near $73.89, making any superficial reading of price movements highly misleading. From my perspective, the recent move in silver prices cannot be considered a structural shift,…
Continue ReadingEversource-Backed Ecofy Raises INR 380 Crore in Growth Equity from Leading Global Investors to Accelerate India’s Retail Green Finance Market
Mumbai, Mar 25: Ecofy, a pioneering green NBFC backed by Eversource Capital, announced the successful closure of INR 380.5 crore in fresh equity capital. The funding round saw participation from two leading global DFIs – British International Investment (BII), the UK’s development finance institution and impact investor, and Finnfund Digital Access Impact…
Continue ReadingAndhra Pradesh, Odisha Join Reform Framework for Rural Water Supply Under JJM 2.0
New Delhi, Mar 25 (BNP): The Centre on Tuesday signed reform-linked memoranda of understanding with Andhra Pradesh and Odisha under Jal Jeevan Mission (JJM) 2.0 to strengthen sustainable and community-driven rural drinking water systems. The agreements aim to advance structured reforms focused on transparency, accountability, and long-term sustainability of water…
Continue ReadingCapEx by Heavy Industry CPSEs Rises to Rs.577 Crore in FY25
New Delhi, Mar 25 (BNP): Capital expenditure by Central Public Sector Enterprises (CPSEs) under the Ministry of Heavy Industries rose to ₹577.41 crore in 2024–25, reflecting increased investments in new projects, expansion, and modernisation. According to data shared in Parliament, total CapEx by these CPSEs stood at ₹340.58 crore in…
Continue ReadingRBI Proposes Revised Rules on Unauthorised Digital Transactions
New Delhi, Mar 25 (BNP): The Reserve Bank of India (RBI) has proposed revised guidelines to strengthen safeguards against unauthorised electronic banking transactions, including a compensation mechanism for small-value frauds and enhanced use of artificial intelligence in fraud detection. The draft instructions, released for public consultation on March 6, 2026,…
Continue ReadingDPIIT Signs MoU with Blue Star to Boost Manufacturing, Startup Ecosystem
New Delhi, Mar 25 (BNP): The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a memorandum of understanding with air conditioning major Blue Star Ltd to support startups and strengthen India’s manufacturing and innovation ecosystem. The partnership aims to promote product startups working in areas such as…
Continue ReadingIndia’s Exports Rise to $714.73 Billion in Apr–Jan FY26
New Delhi, Mar 25 (BNP): India’s total exports of merchandise and services rose to $714.73 billion during April–January of FY 2025–26, registering a growth of 5.26 per cent over $679.02 billion in the corresponding period of the previous fiscal, the government said on Tuesday. The data reflects continued resilience in…
Continue ReadingMSP Procurement, Insurance Schemes Strengthen Farmers’ Income: Govt
New Delhi, Mar 25 (BNP): Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said farmers’ incomes have doubled under the current government, citing higher minimum support prices (MSP), record procurement, and expanded welfare schemes. Replying to questions in the Lok Sabha, Chouhan said the government is committed to ensuring farmers…
Continue ReadingGovt Launches Focused Plan for 100 Districts Under Dhan-Dhaanya Krishi Yojana
New Delhi, Mar 25 (BNP): The Centre has identified 100 districts across the country under the Prime Minister Dhan-Dhaanya Krishi Yojana (DDKY) to drive the next phase of agricultural growth, focusing on regions with low productivity and limited credit access. The districts have been selected based on three key indicators…
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