Economy

New Delhi: India's real gross domestic product (GDP) in FY23 is expected to be at 7.5 per cent, said SBI Research in a report. "Given the high inflation and the subsequent upcoming rate hikes, we believe that real GDP will incrementally…
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Puducherry:  Engineers and employees of Puducherry electricity department will intensify their fight against privatisation of the power department with a hunger strike from June 8 onwards. The protesting employees said that the strike…
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New Delhi : Religare Enterprises, one of India's leading diversified financial service groups, in continuation to its earlier announcements relating to the revival plan of its wholly-owned subsidiary Religare Finvest, has announced that…
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New Delhi : Reliance Brands and Plastic Legno SPA have signed a joint venture arrangement through which the former will acquire a 40 per cent stake in the latter's toy manufacturing business in India. This investment by Reliance Brands…
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New Delhi : India's largest producer of aluminium Vedanta Aluminium has commissioned India's largest electric fleet of 27 forklifts, powered by lithium-ion batteries. Done in partnership with Gemini Equipment and Rentals India, this feat…
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New Delhi : The Union Cabinet on Wednesday approved expanding the mandate of Government e-Marketplace (GeM) to allow procurement by Cooperatives as buyers on the portal. The decision was taken at a meeting of the union cabinet chaired by…
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New Delhi : Domestic equity benchmark indices traded in the red for the second straight day and settled marginally lower on Wednesday, led by losses in Nifty IT, pharma, and realty stocks. Sensex closed at 55,381 points, down 185 points…
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New Delhi : As venture capital (VC) funds squeeze the flow of money to traditional startups and invest in emerging tech like Web3.0, Binance Labs, the venture capital and incubation arm of leading cryptocurrency exchange Binance, on…
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Beijing:  Despite China aiming to rein in domestic Internet giants, Alibaba is still the best-paying tech company in the country at an average monthly salary of $5,000, followed by ByteDance and Tencent Holdings that offer average monthly…
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New Delhi : The gross revenue from Goods and Service Tax (GST) in the month of May came in at Rs 140,885 crore, data showed on Wednesday. This is the fourth time the monthly GST collection crossed Rs 1.40 lakh crore mark since inception…
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