Browsing Category
Economy
‘New billionaires’ crop shows India’s potential to become global economic power’
New Delhi: As India produces one new billionaire every five days on average, economists on Friday said this is because more new companies are being registered, startups are taking the IPO route and traditional firms are becoming more and!-->…
Read More...
Read More...
India’s fiscal deficit for April-July stands at 17.2 pc of full-year target
New Delhi: The Central government's fiscal deficit in the first four months (April-July) of the current financial year stands at Rs 2.77 lakh crore which works out to 17.2 per cent of the full-year target and is lower than the!-->…
Read More...
Read More...
6.7 pc GDP growth inspiring despite deepening geopolitical distress: Industry
New Delhi: India has been in a glorious position post-Covid, being the fastest-growing economy in the world with over 7 per cent growth which is visible across the board and if we continue to grow at 7 per cent, the effective growth rate!-->…
Read More...
Read More...
Indian economy clocks 6.7 pc growth in first quarter of 2024-25
New Delhi: The Indian economy clocked a GDP growth of 6.7 per cent in the first quarter (April-June) of the financial year 2024-25 over the growth rate of 8.2 per cent in Q1 of FY 2023-24, figures released by the Ministry of Statistics on!-->…
Read More...
Read More...
India’s core sector growth revs up to 6.1 pc in July
New Delhi: India’s core sector, comprising industries such as coal, electricity, steel, and cement, posted a 6.1 per cent growth in July after having slowed to 4 per cent in June, according to data released by the Commerce Ministry on!-->…
Read More...
Read More...
Sensex, Nifty close at all-time high before release of GDP numbers
Mumbai: The Indian equity market closed at an all-time high before the release of the GDP numbers at 5:30 P.M. on Friday.
At closing, the Sensex was at 82,365, up 231 points or 0.28 per cent and Nifty was at 25,235, up 83 points or 0.33!-->…
Read More...
Read More...
BPCL looking beyond Rs 1.7 lakh crore capex to set up new refineries, petchem units
New Delhi: Public sector oil marketing giant BPCL has lined up a capex of Rs 1.7 lakh crore for expanding its existing refineries, and also plans to set up new integrated refining and petrochemical capacities within the next five to seven!-->…
Read More...
Read More...
Adani Ports acquires 80 pc stake in Astro Offshore for $185 mn to boost marine portfolio
Ahmedabad: Adani Ports and Special Economic Zone (APSEZ) on Friday announced its acquisition of an 80 per cent stake in global offshore support vessel operator Astro Offshore for $185 million in an all-cash deal.
Astro will enhance!-->…
Read More...
Read More...
Air India to operate Vistara planes as FDI nod for merger comes through
Mumbai: Full-service airline Vistara announced on Friday that its aircraft would be operated by Air India from November as the government's FDI approval for the merger between the two airlines has come through.
From September 3, it will!-->…
Read More...
Read More...
India’s tyre exports bounce back in April-June quarter
New Delhi: India’s tyre exports have bounced back in the first quarter (April-June) of the current financial year with a 17 per cent jump to Rs 6,219 crore, according to a statement issued by the Automotive Tyre Manufacturers Association!-->…
Read More...
Read More...