Economy

Mumbai: Indian equity indices opened in the green on Tuesday following positive cues from Asian peers and US markets. At 9:39 a.m., Sensex was at 84,461, up 161 points or 0.19 per cent and Nifty was at 25,858, up 47 points or 0.18 per…
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New Delhi: Bhavish Aggarwal-run Ola Electric sold 22,950 electric two-wheelers in the month of September – about 17 per cent drop from last month when it got 27,586 e-scooters registered. On Monday, the EV firm’s share skidded below Rs…
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New Delhi: The production of steel and fertilisers recorded positive growth in the month of August as the eight core industries’ index declined by 1.8 per cent (provisional) on an annual basis, the government said on Monday. Fertiliser…
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New Delhi: India’s fiscal deficit stood at Rs 4.4 lakh crore, or 27 per cent of the annual estimate, in the April-August period in the current fiscal (FY25), from Rs 6.4 lakh crore in the same period last year, the government announced on…
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Gandhinagar: Government of Gujarat has approved an allocation of Rs 245.30 crore to widen 41 narrow bridges and structures on nearly 20 road routes across Gujarat, Chief Minister Bhupendra Patel announced on Monday. This move aims to…
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Mumbai: India's largest oil marketing company (OMC), Indian Oil Corporation (IOC) on Monday announced the withdrawal of its proposed Rs 22,000 crore rights issue due to no funds being allocated for capital support to the companies in the…
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New Delhi: Credit card bill payment leader CRED has reported 22 per cent increase in net loss to Rs 1,644 crore in the last fiscal (FY24), from Rs 1,347 crore in FY23. However, its operating loss declined 41 per cent to Rs 609 crore in…
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Mumbai:  Indian equity indices closed in the deep red on Monday, following profit booking at a higher level. At closing, Sensex fell 1,272 points, or 1.49 per cent, to 84,299 and Nifty fell 368 points, or 1.41 per cent, to 25,810. The…
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Mumbai: F&O trades and mutual funds are reportedly the focal point of the Securities and Exchange Board of India (SEBI) board meeting being held on Monday. According to reports, the markets regulator may approve tighter curbs on…
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Bengaluru:  Driven by high pent-up demand and premiumisation wave, e-commerce sales in India are estimated to reach Rs 1 lakh-Rs 1.2 lakh crore in gross merchandise value (GMV) this festive season, a report said on Monday. This will be…
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