Economy

New Delhi:  The market capitalisation of Adani Wilmar breached the Rs 1 trillion mark, reportedly making it the seventh Adani Group company to cross this milestone. Commonly referred to as market cap, market capitalisation is the…
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Chennai: Global credit rating agency S&P Global Ratings anticipating a certain default by Future Retail Ltd on its $500 million senior secured notes lowered the credit ratings from 'CCC-' to 'CC'. "We lowered the rating on Future…
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New Delhi: Giving its India growth story another fillip, Apple shipped nearly 1 million 'make-in-India' iPhones in the country in the first quarter of 2022, a massive jump of 50 per cent (year-on-year) in iPhone shipments from within the…
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Palo Alto: The Confederation of Indian Industry (CII) and the US Chamber of Commerce's US-India Business Council (USIBC), co-hosted an exclusive roundtable for business leaders and investors with Finance Minister Nirmala Sitharaman in…
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Panaji:  With an alarming decline in Goas economic growth, the state government can no longer afford to sit on the issue of mining ban, a survey revealed. According to the Economic Survey released by the Directorate of Planning,…
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Chennai:  In line with the Telangana High Court's order but with delay, the Insurance Regulatory and Development Authority of India (IRDAI) has promoted S.N. Jayasimhan as the Chief General Manager (CGM). As per the IRDAI order,…
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New Delhi:  Breaking a two-day losing streak, Indian equity benchmarks rose in the opening session primarily due to value buying at lower levels, said analysts. "An interesting feature of the current volatile global equity market trend…
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New Delhi:  The uptick in export of wheat following the global shortage due to the Ukraine-Russia war has led to a situation where wheat procurement is likely to be lowest in last 12 years from across India, especially from Punjab and…
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New Delhi : Capital market regulator SEBI is holding Rs 25,000 crore of Sahara and in the last nine years, it has only paid around Rs 125 crore to the investors, making the conglomerate company as much a victim as its investors, Sahara…
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New Delhi : The Centre on Monday clarified that no feedback from the states were sought on the GST rates for any specific items or specific proposals to restructure the rates and the media reports regarding the same are "purely…
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