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Economy
SEBI proposes ESOP benefits for startup founders even after IPO
Mumbai: The Securities and Exchange Board of India (SEBI) has proposed a change in rules that will allow startup founders to continue holding Employee Stock Option Plans (ESOPs) even after their company goes public.
This move aims to…
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India ranks among top textile exporters with 4 pc global share: Minister
New Delhi: India is ranked among the top textile exporting countries in the world with a share of approximately 4 per cent of global textiles and apparel exports, according to information tabled in Parliament on Friday
The export of…
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SEBI cracks down on firms diverting funds for personal use
Mumbai: The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers.
SEBI is…
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IndusInd Bank hires independent firm to probe discrepancies in derivative portfolio
New Delhi: IndusInd Bank has appointed an independent professional firm to investigate discrepancies in its derivative portfolio.
Last week, the bank disclosed that it had identified discrepancies in its derivatives portfolio, which…
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MSMEs to drive IT sector towards $450 billion services export target: Piyush Goyal
New Delhi: Led by MSMEs, the IT sector can achieve an ambitious $450 billion services export target in the next financial year, Union Minister of Commerce and Industry, Piyush Goyal, has emphasised.
Goyal underscored the critical role…
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Friday amid mixed global cues, as selling was seen in the IT sector in the early trade.
At around 9.31 am, Sensex was trading 7.77 points or 0.01 per cent down at 76,340.29 while the…
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EPFO adds 17.89 lakh net members in January
New Delhi: The Employees' Provident Fund Organisation (EPFO) on Thursday announced a net addition of 17.89 lakh members in January this year, which represents an increase of 11.48 per cent over the corresponding figure for December 2024.…
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India’s GDP to expand by 6.7 pc in FY25, fastest growing in Asia-Pacific: S&P Global
New Delhi: An S&P Global Ratings report on Thursday projected India's GDP to expand by 6.7 per cent in fiscal 2025 (year ending March) -- the fastest growing economy in the Asia-Pacific region.
Stressing that India's low US exposure…
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India’s energy efficiency above global average: RBI bulletin
Mumbai: India's energy efficiency improved by 1.9 per cent between 2000 and 2023, which is faster than the global average of 1.4 per cent, according to a study carried out by an RBI research team.
The report also stated that India was…
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Indian economy remains resilient amid rising global challenges: RBI bulletin
Mumbai: Amidst growing global economic uncertainty, the Indian economy continues to demonstrate resilience as is evident in the robust performance of the agriculture sector and improving consumption, according to the RBI’s latest monthly…
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