Bank loans against fixed deposits rise 43.2% to ₹2.04 lakh crore
Business Lineby PTI·9d ago
Bank credit against fixed deposits, including FCNR(B) and NRNR deposits, rose 43.2 per cent year-on-year to Rs 2.04 lakh crore as of August 31, 2026, according to the RBI data.
RoDTEP scheme extended for exporters till December 31
Business Lineby PTI·9d ago
The government on Wednesday extended the duty refund scheme, Remission of Duties and Taxes on Exported Products (RoDTEP), for exporters by three months till December 31.
Air India CEO-designate Tewolde Gebremariam gets security clearance
Business Lineby Rohit Vaid·9d ago
Air India CEO-designate Tewolde Gebremariam has received security clearance and will formally take charge of the Tata Group-promoted airline on October 1, sources told businessline.
Indian captain, passengers subdue co-pilot after alleged attempt to crash Flydubai flight
Business Lineby PTI·9d ago
An Indian captain of a Dubai-Tel Aviv Flydubai flight fought off his co-pilot who allegedly attempted to crash the aircraft, which had to make an emergency landing in Saudi Arabia, Israeli media...
IATA opposes forced relocation of flights to Navi Mumbai airport
Business Lineby BL Mumbai Bureau·9d ago
Airlines should be free to choose between Mumbai and Navi Mumbai airports, International Air Transport Association (IATA) has said while opposing the “forced relocation” of flights.
India domestic air passenger traffic falls 7.5% in August: IATA
Business Lineby PTI·9d ago
India’s domestic air passenger volume dropped 7.5 per cent in August on an annual basis, recording the largest traffic decline among the major domestic markets, according to global airlines’...
Nearly 50,000 appeals pending before India’s social media Grievance Appellate Committee, reveals SFLC.in
Business Lineby Vallari Sanzgiri·9d ago
Digital rights group Software Freedom Law Center, India (SFLC.in) called for public and timely disclosure of the social media Grievance Appellate Committee (GAC) orders after finding a widening gap...
Employment in industries cross 2 cr mark in 2024-25 shows government survey
Business Lineby Our Bureau·9d ago
People engaged by industries crossed 2 crore mark at the end of fiscal year 2024-25, according to the Annual Survey of Industries (ASI) released on Wednesday.
September rout makes history: Nifty posts worst monthly fall in 8 years, worst series drop since 2001
Business Lineby Anupama Ghosh·9d ago
Indian equities ended the first half of FY27 under pressure, with September emerging as the weakest month for the Nifty 50 since 2018 as elevated crude prices, higher global bond yields and...
PE-VC investments hit four year high at $6.1 billion in September
Business Lineby Rohan Das·9d ago
Private Equity-Venture Capital (PE-VC) investments saw a surge in September, rising to $6.1 billion across 114 deals— the highest monthly investment level in over four years.
Guardrails challenge
Business Line·9d ago
The AI safety pact unveiled by US President Donald Trump and leading technology companies is a step towards putting guardrails around increasingly powerful artificial intelligence systems.
Oil Ministry aims to amend Petroleum act to decriminalise minor offences
Business Lineby BL New Delhi Bureau·9d ago
The Ministry of Petroleum & Natural Gas (MoPNG) has sought responses from the public and stakeholders as it aims to amend the Petroleum Act, 1934 to decriminalise minor offences.
Walmart bets on AI to drive the next phase of retail shopping
Business Lineby Sanjana B·9d ago
AI-led shopping experiences are driving higher add-to-cart rates and repeat purchases at Walmart, as the retailer moves from search and recommendations towards agentic commerce, said Balu...
Gravity raises $15 mn in funding led by 3one4 Capital and Info Edge Ventures
Business Lineby BL Bengaluru Bureau·9d ago
Gravity, a full-stack platform for premium home interior materials, has raised $15 million in a mix of equity and debt funding led by 3one4 Capital and Info Edge Ventures, with participation from...
Bank Holidays October 2026: Full list of dates & closures
Business Lineby BL Mumbai Bureau·9d ago
Bank branches across India will observe multiple closures throughout October 2026, with the holiday schedule varying from city to city based on regional festivals, local observances and the Reserve...
FlyDubai flight emergency landing after pilots fight
Business Lineby AP- PTI·9d ago
A fight between pilots on a commercial plane traveling from the United Arab Emirates to Israel forced the aircraft to make an emergency landing in Saudi Arabia on Wednesday, according to two...
Kerala HC ribociclib ruling opens route to patented drug access
Business Lineby Ankita Upadhyay·9d ago
The Kerala High Court’s recent judgment in a case involving the high-priced cancer drug ribociclib has opened another possible route for the government to make patented medicines more affordable —...
CAI sees FTAs opening new markets, boosting demand for Indian textiles and cotton
Business Lineby BL Bengaluru Bureau·9d ago
The Cotton Association of India (CAI), the trade body for cotton, sees new opportunities from FTAs and expects them to generate additional demand for Indian textiles and cotton products.
India eyes rebalanced ASEAN trade pact in ongoing review
Business Lineby Amiti Sen·9d ago
India is demanding a more balanced outcome from the ongoing review of its trade pact with the ASEAN bloc, as negotiators seek to resolve outstanding differences at the next round of talks in...
70% of enterprises will abandon Agentic AI built by vendor FDE by 2028: Gartner
Business Lineby BL Bengaluru Bureau·9d ago
By 2028, 70 per cent of enterprises will abandon agentic AI built by vendor forward-deployed engineering (FDE), trapped by soaring costs and unable to evolve it on their own according to Gartner.
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