New Delhi: India's gross domestic product (GDP) grew 6.1% year-on-year in January-March quarter (Q4) of financial year 2022-23, as per data released by Ministry of Statistics & Programme Implementation (MoSPI) on Wednesday.
New Delhi: The output of eight core infrastructure sectors slowed down to 3.5% in April 2023 as against 9.5% in April, 2022, revealed data released by the Ministry of Commerce & Industry on Wednesday.
Mumbai: The Rupee on Wednesday slipped eight paise to close at 82.74 on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Mumbai: Snapping a winning streak of the last four sessions, the BSE Sensex on Wednesday dropped 346 pts to close at 62,622.24 ahead of the U.S. Congress's approval of the debt deal.
New Delhi: Registering annual growth rate of 7.5%, India’s exports of goods could reach US$ 773 billion by 2030 with exports to Turkiye, Vietnam and Indonesia to be among the highest-growing export destinations, said a Standard Chartered Bank report on Wednesday.
Mumbai: Strides Pharma’s quarterly sales stood at Rs 9,904 million, growing 14% increase both sequentially and year-on-year.
Mumbai: Around 80% of the total Rs 2000 notes received are deposited and the rest 20% are exchanged for smaller denominations as per market trends. Even if a fraction of these trends is extrapolated at the banking level, the liquidity in the banking system will shoot much higher compared to previous estimates of around Rs 1 trillion bulge in deposits even if a fraction, said SBI Ecowrap report on Tuesday.
New Delhi: S Chand Publishing reported a net profit of Rs 576 million in FY23 while the company achieved a significant milestone by becoming net debt-free in April 2023, with a net debt of Rs 60 million and a gross debt of Rs1,268 million.
Mumbai: Adani Ports and Special Economic Zone (ASPEZ) reported a consolidated net profit of Rs 1,158.88 crore in the fourth quarter of FY23, marking a growth of 5.1% compared to Rs 1,102.61 crore in the same quarter of the previous year.
Mumbai: A total of 132.19 crore pieces of soiled Rs 2,000 banknotes were disposed of in the last three financial years, according to the annual report of the Reserve Bank of India (RBI).
Kolkata: Coal India Ltd (CIL) has raised the prices of non-coking coal by 8 percent, the state-run miner said in a regulatory filing.
New Delhi: The Production-Linked Incentive (PLI) Scheme 2.0 for IT Hardware has been approved by the Union Cabinet with a budgetary outlay of Rs 17,000 crore.
As the world continues to evolve, so do the factors that drive entrepreneurship and business success. For many Sikh entrepreneurs, faith and culture have become essential guiding lights on their journey through the business world.
Loans are a popular way of getting through a financial crunch or meeting emergency requirements. Among the numerous options available in the secured and unsecured categories, gold loans are a popular form of availing secured credit.
A meeting of the Investment Board Nepal (IBN) has approved the final Project Development Agreement (PDA) draft which will be signed with India’s state-owned SJVN to develop 669 MW Lower Arun Hydropower project, media reports said.
Mumbai: ONGC's consolidated turnover stood at Rs 6,84,829 crore in FY23, compared to Rs 5,31,793 crore in FY22.
Kolkata: Reliance Jio has consolidated its leadership in Kolkata with strong customer additions in March 2023.
Kolkata: Vinsys, a IT and software services and software company headquartered in Pune, successfully closed its pre-IPO round.
Washington: As the US faces a potential debt default, President Joe Biden and his Republican opponents have reached an in-principle agreement to raise the US debt ceiling to avert a default, media reports said.
Maritime services company Lloyd's Register has informed Gatik Ship Management, a major carrier of Russian oil following the Ukraine war, that it will revoke certification for 21 of its vessels by June 3, according to a statement by the company to Reuters.
Despite the global economic slowdown, India is expected to continue its showdown in pursuing a different pathway of zeroing in on drivers of growth, looking for a renewed surge in resilient manufacturing while supporting the services sector to embrace enhanced efficiency, an SBI report said on Friday.
New Delhi/ Guwahati: The National Highways & Infrastructure Development Corporation Ltd (NHIDCL) signed a Memorandum of Understanding (MoU) with IIT Guwahati via a video conferencing session on Thursday.
New Delhi: The Union mine ministry will organise the first Mining Start-up Summit in collaboration with the Indian Institute of Technology, Bombay.
New Delhi: Aviation regulator Directorate General of Civil Aviation (DGCA) has allowed cash-strapped airline Go First a 30-day period to present a detailed plan for reviving its operations, media reports said.
Mumbai: Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Retail Ventures Limited (RRVL), on Friday introduced Alan's Bugles in India.
New Delhi: UTI Mutual Fund (UTI) launches an open-ended scheme replicating / tracking Nifty50 Equal Weight Total Return Index (TRI) – ‘UTI Nifty50 Equal Weight Index Fund’.
New Delhi: Nissan Motor India on Friday introduced its Big, Bold, Beautiful SUV, the Nissan Magnite GEZA Special Edition at a starting price of INR 7,39,000 (ex-showroom, Delhi).
New Delhi/IBNS: The government has increased the tax exemption limit on leave encashment of non-government salaried employees from Rs 3 lakh to Rs 25 lakh.
The euro experienced a decline on Thursday as Germany, the largest economy in Europe, slipped into recession, Reuters reported.
New Delhi: The Asian Development Bank (ADB) and the Centre have signed a $141.12 million loan to support the development of high-quality internal infrastructure such as roads, water supply systems, and electricity distribution networks in three industrial clusters in Andhra Pradesh.
