Economy

Mumbai: Automotive company Hero Motors on Monday withdrew its Rs 900 crore draft initial public offering (IPO) papers filed with the Securities and Exchange Board of India (SEBI). Hero Motors had filed preliminary papers with the markets…
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New Delhi: The Directorate General of Civil Aviation (DGCA) on Monday asked operators of Boeing 737 aircraft with a specific rudder part to not use the planes for low-visibility landings. The aviation safety regulator took cognisance of…
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New Delhi: About 85 per cent of the world’s cryptocurrencies are worth less than one cent, according to a report on Monday. The total number of cryptocurrencies has been floating between 8,500 and 10,000, with new tokens being launched…
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New Delhi: Driven by robust rural demand, Indian e-commerce market is expected to reach $325 billion in 2030, with a strong 21 per cent compound annual growth rate (CAGR), a report said on Monday. The retail sector, which is valued at…
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Mumbai:  Indian frontline indices closed in the deep red on Monday as investors played cautious due to the Middle East conflict. At closing, Sensex was down 638 points, or 0.78 per cent, at 81,050 and Nifty was down 218 points, or 0.87…
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Mumbai: India's banking sector is on the cusp of rapid growth, with rising RoE (Return on Equity), robust asset quality, and key infrastructure financing opportunities in the coming decade, a report said on Monday. Smallcase manager…
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New Delhi: The Steel Authority of India Limited (SAIL) on Monday announced a collaboration with leading global resources company BHP to accelerate steelmaking decarbonisation in the country. SAIL, the largest government-owned steel…
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New Delhi: With the festive season in full swing, Artificial Intelligence (AI), quick-commerce, and the rise of micro-influencers are some factors playing a leading role in influencing festive purchases this year, finds a report on…
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New Delhi: Denying "unfounded rumours" of ill health, industrialist Ratan Tata on Monday said he was in "good spirits". His comments came as several media reports claimed that the 86-year-old was rushed to a hospital and was admitted to…
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New Delhi: Mumbai Metro-3 or the Aqua Line which is the city's first underground Metro service officially opened for the public on Monday. Mumbai Metro-3 was inaugurated by Prime Minister Narendra Modi on Saturday. The metro line runs…
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