Economy

New Delhi: Despite geo-political uncertainties, the investors' confidence remained intact in India's growth story as the country's foreign exchange reserves surpassed $700 billion for the first time, reaching $704.89 billion in the week…
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New Delhi: State-owned Power Finance Corporation (PFC) on Friday said it has secured the largest-ever foreign currency term loan of $1.265 billion from banks in IFSC GIFT City, Gandhinagar. The loan, at an average rate of 4.21 per cent…
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Mumbai: Indian equity market closed in the deep red on Friday following conflict in the Middle East. Indian investors have lost over Rs 14 lakh crore in the last two trading sessions as all listed companies' market cap on the Bombay…
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New Delhi: BMW Group India on Friday said it posted best-ever luxury car sales with 10 per cent growth in the country in the January–September period this year. In the first nine months, 10,556 cars (BMW and MINI) and 5,638 motorcycles…
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New Delhi: There are more than 1,100 active incubators nurturing startups in the Indian ecosystem, according to a new report on Friday. The joint research report, ‘India Incubator Kaleidoscope 2024’ was released by NSRCEL, the startup…
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New Delhi: The government on Friday said it will soon introduce a 10-gigawatt (GW) scheme for those working to build stationary, grid-scale energy storage systems. Addressing an international summit organised by the India Energy Storage…
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New Delhi: Employment in the Indian renewable energy sector reached an estimated 1.02 million (10.02 lakh) in 2023, highlighting the country’s growing leadership in clean energy and its focus on creating green jobs that drive economic…
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New Delhi:  India’s white-collar hiring activity saw a strong 6 per cent growth (year-on-year) growth in September, driven by a resurgence in IT (18 per cent) and FMCG (23 per cent) sectors, a report said on Friday. Artificial…
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Mumbai: Hyundai Motor India is likely to launch a $3 billion (about Rs 25,000 crore) Initial Public Offering (IPO), according to a report. It would be the largest IPO of India after LIC, which was around Rs 21,000 crore. According to…
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New Delhi: Fuelled by overall economic growth, per capita income in the country is likely to increase by at least $2,000 over the next five years, according to Finance Minister Nirmala Sitharaman on Friday. The Finance Minister said that…
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