Business Economy


Record-low inflation opens window for growth acceleration: PHDCCI

New Delhi, Oct 13 (UNI) The record-low inflation offers a strong foundation for India’s next phase of growth, presenting a moment of opportunity to revitalize private investment, stimulate consumption, and accelerate job creation, said Rajeev Juneja, president of PHD Chamber of Commerce and Industry (PHDCCI).
“Food inflation (Provisional) registered a minus 2.28 percent year-on-year decline, extending its downward trend for the fourth consecutive month. Among categories, the sharpest declines were driven by lower inflation in vegetables, oil & fats, fruits, pulses, cereals, and eggs, as well as moderated increases in energy and fuel prices. Better arrivals of vegetables, cereals, and pulses at mandis led to a correction in retail prices,” said Juneja.
“The moderation in food and fuel prices has provided much-needed relief to households and improved purchasing power. Going forward, we urge the government to leverage this price stability to enhance credit availability, ease of doing business, and export competitiveness, especially for MSMEs and labour-intensive sectors.” Juneja added.
Moreover, Dr. Ranjeet Mehta, CEO and Secretary General of PHDCCI, said, “We anticipate that India’s inflation will remain within a comfortable range over the next two quarters, supported by adequate food supplies, moderate energy costs, and prudent monetary management by the Reserve Bank of India.” UNI SAS SS
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Singareni’s 800 MW Ultra Supercritical Thermal Power Project coming up in Mancherial

09 Nov 2025 | 8:30 PM

Hyderabad, Nov 9 (UNI) The foundation stone for the upcoming 800 MW Ultra Supercritical Thermal Power Project at the existing Singareni Thermal Power Plant (STPP) premises in Jaipur, Mancherial district of Telangana, is expected to be laid soon.
Singareni Collieries Company Ltd (SCCL) Chairman and Managing Director N Balaram, who visited STPP, instructed the plant Executive Director and General Managers to ensure that all arrangements are in place for the foundation stone laying, by the state government.

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Foreign investors resume selling in Nov after brief pause in Oct

09 Nov 2025 | 5:54 PM

New Delhi, Nov 9 (UNI) The foreign portfolio investors have resumed selling after a brief pause in October pulling out a net Rs 12,569 crore from Indian equities thus far in November.

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Foreign exchange reserves fall by USD 21 87 billion in three weeks

09 Nov 2025 | 3:45 PM

Mumbai, Nov 9 (UNI) India’s foreign exchange reserves fell by USD 5.623 billion to USD 689.733 billion during the week ended October 31, marking a cumulative decline of USD 21.869 billion over the past three weeks.

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Singareni launches free accidental insurance scheme to its employees & contract workers

09 Nov 2025 | 1:57 AM

Hyderabad, Nov 8 (UNI) Singareni Collieries Company Limited (SCCL) Chairman and Managing Director N. Balram today stated that the free accident insurance scheme, launched for the first time in the country for Singareni employees and contract workers with the cooperation of government and private sector banks as per the directions of the State Government, has become a model for the entire nation.
He said that both the Central and State Governments are now taking steps to implement this scheme in their respective organizations.

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Adani Kutch Copper inks deal with caravel for Australian project

09 Nov 2025 | 12:18 AM

Mumbai, Nov 7 (UNI) Adani Group's Kutch Copper Ltd has officially announced that it has signed a non-binding memorandum of understanding (MoU) with Australia's Caravel Minerals Ltd to collaborate on the latter's copper project in Western Australia. According to the deal, Adani-owned Kutch Copper will have the first rights to participate at the project-level or as direct equity investments during the MoU term.

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