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Economy
India’s GDP to grow at 6.2 pc despite tariff woes: IMF
New Delhi: Citing trade tensions and uncertainties oozing from ‘Trump-tariff’, International Monetary Fund (IMF) has slashed down growth forecast for global economy by 0.5 per cent for this year to 2.8 per cent, though it expects India’s…
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Gold touches Rs 1 lakh per 10 grams for 1st time
New Delhi: Gold prices reached a historic milestone on Tuesday as the rate of 24-carat gold touched Rs 1,00,000 per 10 grams for the first time ever.
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat…
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EPFO adds 16.1 lakh members in February as employment rises
New Delhi: The Employees' Provident Fund Organisation (EPFO) on Monday announced a net addition of 16.10 lakh members in February this year. The year-on-year analysis reveals a growth of 3.99 per cent in net payroll additions compared to…
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Gold hits new record high of Rs 96,805, may touch Rs 1 lakh mark soon
New Delhi: Gold prices in India touched a new record high of Rs 96,805 per 10 grams on Monday on the Multi Commodity Exchange (MCX) as rising fears over a global trade war and weakness in the US dollar pushed investors towards the yellow…
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IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman
San Francisco: Finance Minister Nirmala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the "visionary leadership" of Prime Minister Narendra Modi and the stability provided by a continuing government.…
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Private, Govt investment plans in January-March surged to record Rs 18.9 lakh crore
New Delhi: There has been a significant jump in the number of investment projects announced in the January-March quarter of FY25, at Rs 18.9 lakh crore, compared to Rs 19.4 lakh crore worth of projects announced in the first three quarters…
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HDFC Bank posts nearly 7 pc rise in net profit at Rs 17,616 crore in Q4
Mumbai: India’s largest private sector lender HDFC Bank on Saturday posted 6.7 per cent (year-on-year) rise in standalone net profit to Rs 17,616 crore in the fourth quarter pf FY25. On a sequential basis, net profit rose by 5.3 per cent.…
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Active companies in India up by over 1.62 lakh in FY25
New Delhi: Driven by the industrial and services sectors, the number of active companies in the country surged by more than 162,800 last fiscal (FY25).
According to latest data from the Ministry of Corporate Affairs (MCA), new business…
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India’s pharma exports surpass $30 billion in FY25, US top market
New Delhi, April 19 (IANS) In a significant achievement, the pharmaceutical exports from India crossed $30 billion in the last financial year (FY25), with the US remaining as a key market with more than one-third of the country's pharma…
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India records 11.5 fold leap in EV sales in last 5 years
New Delhi: India has crossed an important milestone with more than two million EVs sold in the financial year that ended on March 31 this year (2024-25). This is the highest ever sales in a single fiscal year, with a 15.6 per cent jump…
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