Economy

Gandhinagar: The Gujarat government has declared a one-day state mourning on Thursday as homage to the demise of veteran industrialist Ratan Tata. The visionary leader, known for his contributions to India's industry and philanthropy,…
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New Delhi: In a bid to enable states to boost development and capital spending, the Centre on Thursday said it has released tax devolution of Rs 1,78,173 crore to state governments, as against the normal monthly devolution of Rs 89,086.50…
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Mumbai:  The unified payments interface (UPI)-based transactions volume surged 52 per cent to 78.97 billion in the first half this year (H1 2024), from 51.9 billion in the same period last year, a report showed on Thursday. Similarly,…
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New Delhi: The Indian auto sector saw 32 deals worth $1.9 billion in the July-September period, marking the highest quarterly activity since Q4 2021, according to a report on Thursday. There was robust deal activity in both volumes and…
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Chennai:  In a bid to resolve the face-off between the Left-backed trade union CITU and the Samsung India management, CPI(M) and VCK top leaders will soon be meeting Chief Minister Stalin here. CPI(M) Tamil Nadu state secretary K.…
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Mumbai:  Top eight listed real estate developers in India have reduced their net debt by over 54 per cent in the first quarter of current fiscal (FY25) from the previous peak in FY19, a report showed on Thursday. The net debt of these…
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Cairo: Egypt is facing extraordinary economic strain from external factors, particularly the ongoing regional conflicts, Egyptian Prime Minister Mostafa Madbouly said in a press conference in Cairo. He noted that within a week, the crude…
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New Delhi: The overall air cargo volumes in India is projected to witness healthy growth of around 9-11 per cent (year-on-year) to around 3.6-3.7 million tonnes in FY25, according to a report on Thursday. This growth will be supported by…
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New Delhi:  Private equity investments in India saw the total sum of equity invested reach $10.9 billion during the first nine months of 2024, marking a 38.9 per cent increase from the previous year, a report showed on Thursday. India…
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Mumbai:  Indian equity indices opened in the green on Thursday following positive cues from the US and Asian peers. At 9.50 a.m., Sensex was up 93 points or 0.11 per cent at 81,560 and Nifty was up 29 points or 0.12 per cent at 25,011.…
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