Economy

Mumbai:  The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note during the morning trade. The Sensex of the BSE opened at 58,363.93 points and touched a high of 58,395.71 points. The Sensex touched a low of 58,199.49…
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New Delhi:  The Supreme Court has directed the Economic Offences Wing (EoW) of the Mumbai Police and market regulator SEBI to file status reports in the alleged Rs 7,500 crore ponzi scheme, which defrauded 18-20 lakh investors. A bench…
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Mumbai:  The IL&FS Group has completed the sale of its 71.84 per cent stake in IL&FS Prime Terminals FZC (IPTF) to VTTI Terminal IBV (VTT I). The sale of the IPTF has successfully resolved IL&FS Group debt outstanding to the…
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Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning trade. The Sensex of the BSE opened at 58,839.32 points and touched a high of 58,872.59 points. The Sensex touched a low of 58,645.31…
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New Delhi:  India's gross domestic product (GDP) is expected to rise to 9.1 per cent in calendar year 2022, as compared to an estimated 8 per cent in 2021, Goldman Sachs said on Tuesday. India's GDP contracted 7 per cent in 2020, Goldman…
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New Delhi: The recent dip in tea prices is expected to lead India's overall tea industry towards a "substantive crisis", the Tea Association of India said on Tuesday. "The price fetched is gradually decreasing as against the price…
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New Delhi: The hike in prepaid tariff by telecom operator Bharti Airtel was a "much-needed step towards healing the profitability and the returns profile" of the telecom sector, CRISIL Ratings said on Monday. Airtel will raise prepaid…
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New Delhi:  The rental arm of real estate developer DLF -- DLF Cyber City Developers -- on Monday raised Rs 1,000 crore through private placement of listed, secured and redeemable non-convertible debentures (NCDs). The NCDs were placed…
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Mumbai: A healthy pick-up in the IPO (initial public offering) segment in late 2021 has hammered the country's key secondary market indices, experts said. The slide in the secondary market has been purely and squarely attributed to the…
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New Delhi:  India's retail inflation for pulses is expected to be under 5 per cent during the second half of the current fiscal, India Ratings and Research said on Monday. As per the agency, this estimate is based on the high level of…
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