PNI News - Press Network of India

Amid a global energy shock that has disrupted fuel availability and triggered shortages across several regions, India has ensured continued access to LPG for its households, maintaining stability at scale under challenging external conditions. Given India’s ~60% import dependence for LPG and the concentration of global supplies through the Strait of Hormuz, the Government moved swiftly to secure supplies and augment domestic availability. Targeted interventions, including measures to enhance domestic production and…

The Federation of Telangana Chambers of Commerce and Industry (FTCCI) is set to host an insightful and timely program titled “Safe & Sustainable Operations – Role of Cross-Functional Leadership” on April 8, 2026, at the FTCCI Surana Auditorium, Hyderabad, from 10:00 AM to 5:00 PM. In today’s rapidly evolving industrial and business landscape, safety and sustainability have emerged as critical priorities that extend beyond individual departments. This program aims to highlight the importance of cross-functional…

The Energy Solutions Business of Godrej Enterprises Group has secured an order to develop a 98 MWp (70 MW AC) open-access solar power plant in Sirsa, Haryana. The project marks a major milestone for the business, being its largest order by capacity and the largest open-access solar project in the state. It reflects the Group’s continued commitment to nation-building and advancing India’s clean energy infrastructure, a goal that has guided Godrej’s industrial journey for over a century. Talking about the project…

"RBI maintaining the status quo on policy rate is on expected lines. The Governor’s projection of FY26 GDP growth at 7.6% underscore the resilience of the Indian economy. Further RBI’s earlier measure of extending the timeline for providing financial assistance to exporters until June 30, 2026, will help the exporters in tiding away the current global turmoil."

“The RBI’s decision to hold rates at 5.25% reinforces policy consistency at a time when global uncertainty and rising crude prices could have warranted a more reactive stance. Instead, it reflects confidence in the underlying strength of the Indian economy. With GDP projected at 6.9% in Q1 FY27 and private sector investment continuing to hold, the fundamentals remain intact. At this point, the repo rate is no longer the primary driver of demand in the luxury housing market—it’s simply a signal of stability. Credit growth…

“The RBI’s decision to hold the repo rate at 5.25% reinforces policy continuity amid mixed global signals. The neutral stance strikes a calibrated balance between supporting growth and maintaining inflation discipline, providing much-needed visibility for NBFCs and the broader financial ecosystem. For NBFCs, this stability enables more confident credit planning and disciplined risk-taking, particularly in underserved and emerging segments. With credit demand evolving across retail and MSME sectors, a predictable rate…

P D Singh, CEO, India & South Asia, Standard Chartered Bank, said, “Though a cease fire has been reached today, the West Asia crisis and the potential risks to the global economy, including India, have led to the regulator maintaining a status-quo on the policy rates. For this year, RBI has marginally reduced the growth outlook to 6.9% while acknowledging that such escalations could pose further downside risk. However, the resilience in the Indian economy owing to the structural measures undertaken by the Government,…