Business

AI emerges as key force multiplier for Indian Public Sector Banks

Business Standard highlights that Artificial Intelligence is poised to become a critical force multiplier for Public Sector Banks (PSBs) in India, enhancing operational efficiency and strategic capabilities.

02 Nov 2026

Festive Rush Drives UPI to Record 2,547 Crore Transactions in October

UPI transactions hit an all-time high of 2,547 crore in October, driven by a significant surge in consumer spending during the festive season.

02 Nov 2026

India Eyes Grain Feedstocks to Replace Sugar in Ethanol Production

BusinessLine reports on India's push to shift ethanol production from sugar to grain-based feedstocks, questioning if grains can fill the gap left by sugar.

02 Nov 2026

India's UPI crosses Rs 1 lakh crore daily, yet digital payment growth is uneven

UPI transaction value hit a record Rs 1 lakh crore per day, but the surge masks uneven growth across India’s digital payment ecosystem.

02 Nov 2026

GST Revenue Collection Jumps 23% to ₹2.31 Lakh Crore in October, Second Highest Ever

India’s Goods and Services Tax (GST) revenue collection rose 23% year‑on‑year in October, reaching ₹2.31 lakh crore, the second‑highest level on record, driven by a surge in festive spending.

02 Nov 2026

Ambani Faces Pressure from Musk, Washington Courts Him

Mukesh Ambani is reportedly under pressure from Elon Musk while U.S. officials seek to engage him for strategic interests.

02 Nov 2026

Fire Ravages Seven Godowns, Destroying Goods Worth Rs4.81 Crore; Encroachments Hinder Firefighters

A blaze that broke out in a warehouse complex destroyed seven godowns and goods valued at about Rs4.81 crore, with illegal encroachments hampering firefighting efforts.

02 Nov 2026

CBI Registers Rs 210 Crore Bank Fraud Case Against Chandra Proteco

The Central Bureau of Investigation (CBI) has registered a case against Chandra Proteco regarding an alleged bank fraud involving Rs 210.13 crore.

02 Nov 2026

Panasonic Energy India Schedules AGM for Sep 14, Proposes ₹1.95 Per Share Dividend

The battery manufacturer announced its annual general meeting for September 14 and will recommend a cash dividend of ₹1.95 per share to shareholders.

02 Nov 2026

Karnataka: Nandini Milk Prices Rise by Up to ₹12 for Select Varieties

The price of select Nandini milk varieties in Karnataka has increased by up to ₹12, reflecting recent adjustments in the state's dairy pricing structure.

02 Nov 2026

Central Banks Keep Rates Steady Amid Global Economic Uncertainty

In a coordinated move, major central banks worldwide announced they would maintain current interest rates, signaling caution as inflation remains a concern.

02 Nov 2026

Professor Warns: 19% Credit Growth vs 10% GDP Signals Inflation and Rupee Risk, Calls for RBI to Tighten Credit

A professor has highlighted the mismatch between 19% credit growth and 10% GDP, warning that rising inflation could threaten the rupee and urging the Reserve Bank of India to curb bank credit.

02 Nov 2026