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Economy
IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman
San Francisco: Finance Minister Nirmala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the "visionary leadership" of Prime Minister Narendra Modi and the stability provided by a continuing government.…
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Private, Govt investment plans in January-March surged to record Rs 18.9 lakh crore
New Delhi: There has been a significant jump in the number of investment projects announced in the January-March quarter of FY25, at Rs 18.9 lakh crore, compared to Rs 19.4 lakh crore worth of projects announced in the first three quarters…
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HDFC Bank posts nearly 7 pc rise in net profit at Rs 17,616 crore in Q4
Mumbai: India’s largest private sector lender HDFC Bank on Saturday posted 6.7 per cent (year-on-year) rise in standalone net profit to Rs 17,616 crore in the fourth quarter pf FY25. On a sequential basis, net profit rose by 5.3 per cent.…
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Active companies in India up by over 1.62 lakh in FY25
New Delhi: Driven by the industrial and services sectors, the number of active companies in the country surged by more than 162,800 last fiscal (FY25).
According to latest data from the Ministry of Corporate Affairs (MCA), new business…
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India’s pharma exports surpass $30 billion in FY25, US top market
New Delhi, April 19 (IANS) In a significant achievement, the pharmaceutical exports from India crossed $30 billion in the last financial year (FY25), with the US remaining as a key market with more than one-third of the country's pharma…
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India records 11.5 fold leap in EV sales in last 5 years
New Delhi: India has crossed an important milestone with more than two million EVs sold in the financial year that ended on March 31 this year (2024-25). This is the highest ever sales in a single fiscal year, with a 15.6 per cent jump…
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US cites national security to justify steel tariffs to counter India at WTO
New Delhi: The US has informed the World Trade Organisation (WTO) that the Donald Trump administration’s decision to levy tariffs on steel and aluminium, was based on national security grounds and should not be considered as safeguard…
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CBIC issues revised instructions for processing GST registration applications
New Delhi: The Central Board of Indirect Taxes (CBIC) has issued revised instructions to the officers for processing GST registration applications, that will reduce compliance burden on taxpayers and facilitate rule-based transparency, it…
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SEBI chief urges corporates to raise the bar on governance
Mumbai: SEBI Chairman Tuhin Kanta Pandey on Thursday said corporates must ensure high governance standards as any failure can trigger ripple effects across the market economy.
Addressing the CII Corporate Governance Summit here, the…
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India to grow by 6.5 pc in 2025 amid global slump: UN report
New Delhi: India is expected to remain the fastest growing major economy with a 6.5 per cent growth rate in 2025 while global growth is seen as marking a shift towards a recessionary path with the international trading system facing its…
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