economy

India's R&D spending rose to a record ₹2.45 lakh crore in FY24, with the private sector overtaking the government as the country's biggest research investor. (170 characters)

The Union Cabinet is likely to approve an ₹84,000-crore deep-sea oil and gas exploration programme to boost domestic output and reduce India's import dependence.

More than 18.11 lakh foreign nationals visited India on medical tourism-related visas between 2023 and 2025, with the government expanding visa facilities.

The Maldives and India have launched the Favara-UPI payment corridor, enabling real-time fund transfers from Maldivian banks to UPI-linked accounts in India.

While India has positioned itself as an alternative manufacturing and investment destination, the China-plus-one advantage is far from delivering significant economic benefits in the near term.

The S&P BSE Sensex ended the session at 77,928.15, gaining 273.55 points, while the NSE Nifty50 settled 66.95 points higher at 24,317.15, reflecting a modest but steady upward movement in the broader market.

India has made significant progress in improving its business and regulatory environment, climbing 25 places in global rankings for structural and pro-competitive reforms over the past decade, according to a new report released by the Competere Foundation.

India's gold demand declined by 6 per cent year-on-year (YoY) to 131.4 tonnes during the second quarter (April-June) of 2026, as record-high prices discouraged jewellery purchases despite continued investor interest in the precious metal, according to the latest report released by the World Gold Council (WGC).

Germany is likely to become a major buyer of green hydrogen produced in India in the coming years, German Ambassador to India Philipp Ackermann said on Thursday, expressing confidence that India has the potential to transform from an energy importer into a significant energy exporter.

The study found that 89 per cent of Indian employees say AI has positively impacted their day-to-day work by helping them perform routine tasks more efficiently.

At 10 am at the interbank foreign exchange, the rupee opened at 95.59 and lost some ground to trade at 95.63 against the greenback.

The 30-share index, which had lost nearly 219 points in the previous two trading days, recovered by 43.68 points, or 0.23 per cent, to 18,727.36.