The Indian rupee plunged to a fresh all-time low against the US dollar on Monday as rising crude oil prices, escalating geopolitical tensions in West Asia.

Indian benchmark indices closed on a positive note on Monday after a volatile trading session, supported by gains in banking, auto and capital goods stocks.

The TVS Venu Group has announced plans to acquire up to a 9.9 per cent stake in Jana Small Finance Bank through a combination of primary issuance of warrants and secondary share purchases

The Central Government has launched a fresh austerity initiative aimed at reducing operational expenditure across public sector financial institutions, directing banks, insurance companies and government-owned financial organisations

India’s economic and policy calendar for the week of May 18-22 is expected to remain highly active, with several key macroeconomic indicators scheduled for release that could influence market direction and policy expectations.

Prime Minister Narendra Modi has called on Swedish and European companies to expand their investments and manufacturing presence in India.

India’s merchandise exports recorded an impressive rise in April, powered by strong demand from smaller and emerging global markets

The Government of India has initiated a fresh austerity drive targeting public sector banks, insurance companies and financial institutions, directing them to reduce operational expenses and accelerate the transition towards electric mobility.

India’s fast-growing cement major Ambuja Cements has decided to adopt a more disciplined expansion strategy after facing delays in multiple ongoing projects.