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Economy
Fitch revises outlook on India to stable from negative
New Delhi: Ratings agency Fitch Ratings has revised its outlook on India to stable from negative.
"The Outlook revision reflects our view that downside risks to medium-term growth have diminished due to India's rapid economic recovery!-->…
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TN plans for cashless ticketing system
Chennai: The Tamil Nadu State Transport Corporation (TNSTC) is planning for a cashless ticketing system and is in talks with the Chennai Metro Corporation to introduce a national mobility card to integrate all the public transport!-->…
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TN appoints committee to study impact of online gaming
Chennai: The Tamil Nadu government has appointed a committee headed by Madras High Court Justice (Retired) K. Chandru to study the impact of the advertisements of online gaming companies on the public, including financial losses and!-->…
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HDFC raises home loan interest rate by 50 bps
New Delhi: Lending major Housing Development Finance Corporation (HDFC) has increased its Retail Prime Lending Rate (RPLR) on housing loans -- on which its Adjustable Rate Home Loans (ARHL) are benchmarked -- by 50 basis points.
The new!-->…
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Indices tumble on weak global cues, Sensex slips over 700 pts
New Delhi: Bad fortune for domestic equity indices continued as it has declined for the five out of the past six sessions.
On Friday, Indian markets opened sharply lower in line with negative cues from other Asian markets and from the!-->…
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Record $14.5 bn investment in Indian renewable energy sector: IEEFA
New Delhi: Investment in renewable energy in India reached a record $14.5 billion in the last fiscal (2021-22), an increase of 125 per cent compared to FY2020-21 and 72 per cent over the pre-pandemic FY2019-20, a new report by the!-->…
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Firecracker manufacturers in suspense as SC to take up hearing next month
The final hearing of the case against the industry will be heard by the Supreme Court next month. The Supreme Court's decision will determine the fate of the industry that feeds about eight lakh families, industry officials told IANS.!-->…
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Dubai tourist arrivals jump 203% in 4 months, crosses 5 mn mark
According to the Dubai Media Office, the number of visitors to the city reached 5.1 million during January-April 2022, registering a major increase of 203 per cent.
The increased flow of tourists helped improve hotel occupancy across the!-->…
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Equity indices snap 4-day losing streak, Sensex up 428 pts
New Delhi: Domestic equity benchmark indices snapped their four straight sessions of losses and settled fairly higher on Thursday, primarily due to value buying.
Sensex closed at 55,320 points, up 428 points or 0.8 per cent, whereas!-->…
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Motilal Oswal gives ‘buy’ call for Tata group company Trent
New Delhi: Brokerage house Motilal Oswal Financial Services has recommended investors to "buy" shares of Trent, and it pegged a target price of Rs 1,430.
At present, the shares are trading at around Rs 1,080 per share.
Established in!-->…
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