Economy

New Delhi : Shares of Adani Green Energy surged over 5 per cent on an otherwise weak broader market. On Tuesday, the shares of the company settled 5.1 per cent higher at Rs 2,800. Notably, the Adani Group company became the 10th largest…
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New Delhi : The proposed merger of HDFC entities and the acquisition of Citibank India's consumer business by Axis Bank can trigger M&A trend in the banking sector, said rating agency Fitch Ratings. According to it, the merger…
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New Delhi : As India doubles down on local semiconductor manufacturing, the Semiconductor Industry Association (SIA), which is the top trade association representing the US semiconductor industry, on Tuesday joined hands with the India…
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New Delhi : Indias equity indices extended their losses from the previous session and settled lower on Tuesday. For fresh cues, investors await inflation data for March which will be released later on Tuesday evening. The Sensex settled…
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New Delhi : Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50 per cent over the past five months and now stands at over $710 billion worldwide, though there are troubling imbalances between…
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New Delhi: The production-linked incentive (PLI) scheme is likely to push mobile phone manufacturing at a healthy growth trajectory of 15-20 per cent CAGR to reach a value of Rs 5-5.5 lakh crore by FY2026, rating agency ICRA said on…
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Hyderabad:  For a second consecutive year, Hyderabad has been recognised as a 'Tree City of the World' by the Arbor Day Foundation and the Food and Agriculture Organisation (FAO) of the United Nations. "Matter of immense pride that…
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New Delhi:  To help the Indian mid-market enterprises (MMEs) seamlessly move to the Cloud, enterprise software major SAP India on Tuesday launched an immersive mobile experience centre on the wheels. In 45 days, the SAP bus will travel…
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Hyderabad: The governments of Telangana and Thailand have agreed to explore trade and investment in key sectors and for development of SMEs and startups through the business incubator and innovation ecosystem. The Department of…
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San Francisco:  The global shipments of traditional PCs declined 5.1 per cent in the first quarter of 2022 but exceeded earlier forecasts, says a new report. According to the market research firm IDC, despite ongoing supply chain and…
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