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Economy
Higher raw material cost to dampen textile demand: Ind-Ra
New Delhi : Higher raw material cost is likely to impact textile demand during Q1FY23 on a quarter-on-quarter basis. As per India Ratings and Research (Ind-Ra), sustained rub-off impact from high man-made fibre (MMF) prices amid new!-->…
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IndAus ECTA ‘watershed’ moment for bilateral relations: PM Modi
New Delhi : Prime Minister Narendra Modi on Saturday said that India-Australia Economic Cooperation and Trade Agreement (ECTA) in such a short span of time reflects the depth of the mutual confidence between the two countries.
The!-->…
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SRF more than doubles investors money in FY22, shares up 132%
New Delhi : Those who invested in specialty chemical maker SRF's shares bagged robust returns in the past 12 months.
Founded in 1970, the Gurugram-headquartered company is a multi-business chemicals conglomerate engaged in the!-->…
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Brightcom Group top mover, Tata Teleservices runner-up in equity race for FY22
New Delhi : Reopening of Indian economy post the aggressive vaccination drive helped investors mint money in the stock markets as multiple stocks turned multibagger in the financial year FY22 that ended on March 31, 2022.
The top moving!-->…
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Trade imbalance to widen FY22 Current Account deficit to 1.5% of GDP
Mumbai : Greater trade deficit is expected to widen India's current account deficit to 1.5 per cent of the GDP in FY22.
Notably, India's current account was in a surplus of 0.9 per cent in FY21.
The recent data showed that a wider trade!-->…
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ED charge sheets bizmen, bank officials in loan fraud case
New Delhi : The Enforcement Directorate (ED) on Saturday said that they have filed prosecution complaint (Charge sheet) under the provisions of the Prevention of Money Laundering Act, (PMLA) against Luxmi Auto Industries and its partners!-->…
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Petrol prices up again; rise by Rs 7.2 per litre in 12 days
New Delhi: State-run oil marketing companies on Saturday raised key transport fuel prices for the tenth time in the last 12 days.
Consequently, in the past 12 days, petrol prices have increased by Rs 7.2 per litre in the national!-->…
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Global cellular IoT module revenue grew 58% YoY in Q4 2021
New Delhi: Global cellular IoT module revenue grew 58 per cent YoY in Q4 2021. China, the leading region in the cellular IoT module market, accounted for more than 40 per cent of the revenue. However, India was the fastest growing (154!-->…
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SuperStartUps Asia Awards: World’s 1rst research based awards announces winners for 2021…
New Delhi: The 4th edition of the SuperStartupsAsia award, announced its winners from amongst the startup ecosystem across Asia.
SuperStartupsAsia is the world's first research based award entity by NFX Digital's research engine-Adytude!-->…
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India, Australia ink Economic Cooperation & Trade Agreement
New Delhi: India and Australia on Saturday signed the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) in a virtual ceremony.
Accordingly, the agreement envisages to enhance trade in goods and services.
The!-->…
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