Economy

New Delhi:  The Centre on Saturday informed that 20.74 lakh new workers were enrolled under the Employees' State Insurance Corporation (ESIC) scheme in August, a 6.80 per cent growth in net registrations (year-on-year). Out of the total…
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Mumbai:  ICICI Bank on Saturday reported a 14.5 per cent growth in net profit at Rs 11,746 crore (year-on-year) in Q2 FY25, from Rs 10,261 crore in the year-ago quarter. The private sector lender’s net interest income (NII) increased by…
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Mumbai: Silver could either match or outperform gold in the medium to long term, and is likely to reach Rs 1,25,000 per kg on MCX and $40 on COMEX in the next 12 to 15 months, a report showed on Saturday. Recently, silver has shown…
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Mumbai: As private consumption surges especially in the rural parts of the country, premium brands in FMCG are consistently growing -- approximately twice as fast as their non-premium counterparts -- and 50 per cent of e-commerce sales…
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New Delhi: The total number of broadband subscribers in India increased from 946.19 million in July to 949.21 million at the end of August, a monthly growth rate of 0.32 per cent, according to the government data on Saturday. Total…
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Washington: Union Finance Minister Nirmala Sitharaman on Friday expressed frustration with the slow crawl of foreign investments to India despite its textbook appeal as a dynamic and robust economy. "What is holding the investors back?"…
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Mumbai: After Adani Power, which submitted a bid of Rs 12,500 crore for the acquisition of the KSK Mahanadi Power plant in Chhattisgarh, other bidders have revised their offers upwards and the final number could be much higher, according…
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Mumbai: The Indian stock market closed with a big decline on Friday, as heavy selling was seen in all sectors, except pharma and FMCG. Sensex fell more than 800 points in the afternoon trade. However, by the end of trading, the market…
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New Delhi: The bilateral trade between India and Germany has surpassed $30 billion and with Germany deciding to increase the number of visas for skilled Indians from 20,000 to 90,000 per year, Prime Minister Narendra Modi said on Friday…
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New Delhi: With the ‘Industry 5.0’ adoption, the domestic manufacturers will be able to increase their revenues by 6.42 per cent over the next two years, building momentum towards greater sustainability and resilience, a report showed on…
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