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Economy
Centre elevates IRCTC, IRFC to Navratna status
New Delhi: The Central government on Monday upgraded the Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) to the prestigious status of Navratna Central Public Sector Enterprises (CPSE)…
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Bombay HC halts FIR against SEBI, BSE officials; hearing on Tuesday
Mumbai: The Securities Exchange Board of India and the Bombay Stock Exchange (BSE) on Monday moved the Bombay High Court to challenge an ACB Court order to file an FIR against former SEBI Chairperson, along with some SEBI and BSE…
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India’s manufacturing growth slows but stays strong in Feb: Report
New Delhi: The Indian manufacturing sector's strong start to 2025 continued in February. Despite slowing to the weakest since December 2023, rates of expansion in output, employment and sales remained elevated in the context of the…
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Indian API market to expand to $22 bn by 2030, at a CAGR of 8.3 pc: Report
New Delhi: India’s Active Pharmaceutical Ingredients (APIs) market is expected to expand to $22 billion by 2030, according to a report on Monday.
The report by Praxis Global Alliance, a management consulting firm, stated that the APIs…
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India emerges as world’s 3rd largest biofuel producer: Hardeep Puri
New Delhi: In the global energy landscape, India stands strong as the third largest biofuel producer, driving the shift towards cleaner and renewable energy, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Monday.
The…
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Indian stock market opens higher over strong GDP growth data
Mumbai: The Indian benchmark indices opened higher on Monday as key economic indicators, including GDP growth and strong GST collections, were in line with the expectations. Buying was seen in the auto and IT sectors in the early trade.…
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Adani Green Energy refinances $1.06 bn to develop mega solar-wind cluster in Rajasthan
Ahmedabad: Adani Green Energy Ltd (AGEL) on Monday announced it has refinanced $1.06 billion to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan -- achieving another milestone in its capital management journey.…
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SEBI to initiate ‘appropriate legal steps’ to challenge ACB Court order against…
Mumbai: Markets regulator, the Securities and Exchange Board of India (SEBI) on Sunday said it would initiate "appropriate legal steps" to challenge the order of the ACB Court in Mumbai against its former Chairperson, Madhabi Puri Buch.…
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India’s growth becoming more balanced as private consumption’s share in GDP rises
New Delhi: The good news is that India’s growth is becoming more balanced as private consumption’s share in GDP rose in fiscal 2025, according to a Crisil report.
The mild revision of 10 basis points (bps) in the second advanced estimate…
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New SEBI chairman spells out 4-point mantra for capital markets regulator
Mumbai: The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point mantra in mind -- trust, transparency, teamwork and technology -- for ensuring the continued efficiency of the capital markets regulator.
After taking charge of the…
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