Mumbai, Sep 19: India’s foreign exchange reserves remained at a robust level of $780.78 billion as of September 11, even as the country saw a weekly decline amid movements in global financial markets. According to the latest data released by the Reserve Bank of India (RBI), the reserves fell by…
Continue ReadingBhubaneswar Emerges as Major Tier-2 Real Estate Hub as Property Prices Rise 63%
Bhubaneswar, Sept. 19 (UDN): Bhubaneswar is strengthening its position as one of India’s prominent Tier-2 real estate markets, with strong growth reported across the residential, warehousing and retail segments. Representational Image According to a CII-Knight Frank India report, residential property prices across 11 emerging cities, including Bhubaneswar, increased by 63%…
Continue ReadingForeign Investors Sell INR 7,620 Crore, Domestic Investors Cushion Market Pressure
New Delhi, Sep 19: Foreign institutional investors (FIIs) remained cautious in the Indian stock market this week, selling equities worth around ₹7,620 crore. However, strong buying by domestic institutional investors (DIIs) helped offset part of the selling pressure. Domestic investors, including mutual funds, insurance companies and other institutions, invested around…
Continue ReadingIndian Stock Market Weekly Analysis: Volatility Dominates as Sensex and Nifty End Sixth Week Lower
Mumbai, Sep 19: Indian stock markets went through another roller-coaster week, with investors moving between caution and bargain hunting as global interest-rate concerns, elevated crude oil prices, geopolitical tensions and foreign fund outflows continued to influence sentiment. The week did not follow a straight-line trend. Markets opened with strong buying…
Continue ReadingTHE ADAS SHOW – 4th Edition to Bring Together India’s Automotive and Intelligent Mobility Ecosystem in Pune
Pune, Sept 19: The 4th Edition of THE ADAS SHOW will take place on 3 December 2026 at ADAS Test City, ARAI, Takwe, Pune, bringing together leading stakeholders from India’s automotive and intelligent mobility ecosystem. Supported by the Automotive Research Association of India (ARAI), the event will bring together senior…
Continue ReadingOdisha Plans 870-Acre ‘Silicon Valley’ Near Cuttack, Gets Rs 23,600 Crore Investment Proposals
Bhubaneswar, Sept. 19 (UDN): Odisha is set to develop an 870-acre technology hub at Naraj near Cuttack, with the state government proposing to brand the project as ‘Odisha Silicon Valley’ and position it as a base for semiconductor, electronics and information technology industries. Pic Credit: x.com/CMO_Odisha Chief Minister Mohan Charan…
Continue ReadingPM Modi to Distribute Over 51,000 Appointment Letters at 20th Rozgar Mela today
NEW DELHI, September 19, 2026: Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to newly recruited youth joining various Government organisations at the 20th Rozgar Mela on Saturday. The appointment letters will be handed over at 12:30 PM through video conferencing, following which the Prime Minister will…
Continue ReadingRBI Absorbs Rs 2.23 Lakh Crore Through VRRR as Banking System Remains Flush With Funds
MUMBAI, September 18, 2026: The Reserve Bank of India stepped up its liquidity management operations on Friday, absorbing Rs 2.23 lakh crore from the banking system through a three-day Variable Rate Reverse Repo (VRRR) auction, as surplus funds continued to remain elevated across banks. The central bank received bids worth…
Continue ReadingIndia’s IT Export Engine Crosses USD 239 Billion as Global Demand Powers FY26 Growth
NEW DELHI, September 18, 2026: India’s technology industry has strengthened its position in the global services economy, with the country’s software services exports rising 9.5 per cent to $239.3 billion in 2025-26, according to the latest data released by the Reserve Bank of India. The milestone reflects the growing international…
Continue ReadingCapital Market Activity Drives Sharp Rise in STT Collections to Rs 40,214 Crore
New Delhi, Sep 18: Government revenue from Securities Transaction Tax (STT) has registered a sharp increase in the first half of financial year 2026-27, with collections reaching Rs 40,214 crore by September 17. The latest figures represent a 52.9 per cent rise from the Rs 26,306 crore collected during the corresponding…
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