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  Homegrown forged components maker posts over 100% jump in net profit in first quarter

  August 13, 2023 8:12 IST

  The domestic forging industry primarily caters to the automotive industry, which accounts for 60-70 per cent of the forging production, according to a PTI report.

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  Arunachal Pradesh inks pact for developing projects to generate over 11,000 MW of power

  August 12, 2023 22:46 IST

  Five projects with an installed capacity of 2,626 MW were allocated to NEEPCO, while another five projects of 5,097 MW capacity were awarded to SJVN Limited and two projects of 3,800 MW capacity to NHPC respectively.

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  Adani Ports appoints MSKA & Associates as its auditor after Deloitte resigns

  August 12, 2023 22:30 IST

  The resignation comes weeks after Deloitte raised concern over certain transactions flagged in the report of Hindenburg Research.

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  UP govt signs MoU with clean energy solutions provider Servotech to set up EV charger manufacturing

  August 12, 2023 8:07 IST

  The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022.

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  India's start-up economy: How employer branding, hybrid work model impetus can help thrive in funds

  August 12, 2023 7:37 IST

  Employer branding can make or break a startup. While established businesses have years of reputation to bank on, startups are blank slates.

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  Stock market: Small cap metal stock posts robust earnings in Q1 as steel demand bounces back

  August 12, 2023 10:40 IST

  According to an exchange filing, the quarterly net profit came stood at Rs 8.02 crore. It had posted a net profit on consolidated basis at Rs 4.48 crore, according to an exchange filing by the company.

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  Up over 50% in 2 years, small cap stock Vikas Ecotech cuts debt; secures fresh orders

  August 12, 2023 6:37 IST

  The development assumes significance as it comes in the backdrop of the government's efforts to support small and medium enterprises that contribute more than 30 per cent to the country's GDP.

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  Industrial production witnesses growth of 3.7 per cent in June 2023: NSO data

  August 11, 2023 19:54 IST

  The data released by the NSO also showed that the manufacturing sector’s output increased by 3.1 per cent in June 2023.

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  Direct tax collections rise almost 16 per cent to Rs 6.53 lakh crore so far in current fiscal: CBDT

  August 11, 2023 17:42 IST

  The collection is 32.03 per cent of the total budget estimates of direct taxes for the current fiscal 2023-24.

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  RBI Governor pitches for expeditious completion of quota review at IMF

  August 11, 2023 17:00 IST

  Shaktikanta Das was speaking at a seminar on the global economy organised by the Ministry of Finance and the Reserve Bank of India (RBI) in the national capital.

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  Indian Railways suspends THIS service till Independence Day

  August 11, 2023 15:39 IST

  Under this, parcel service at New Delhi, Delhi Junction, Hazrat Nizamuddin, Anand Vihar Terminal, Delhi Sarah Rohilla and Adarsh ​​Nagar Delhi railway stations falling in the Delhi area will remain closed on 12, 13, 14 and 15 August 2023.

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  Finance minister calls for concerted global efforts to restructure debt for poor countries

  August 11, 2023 13:24 IST

  New Delhi has ensured that so far the geopolitical differences do not supersede international cooperation which is the core mandate of the G20 grouping and the summit.

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  Stock markets fall after RBI monetary policy decision, inflation concern looms large

  August 10, 2023 21:23 IST

  The 30-share BSE Sensex fell 307.63 points or 0.47 per cent to settle at 65,688.18. The NSE Nifty declined 89.45 points or 0.46 per cent to end at 19,543.10.

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  RBI Governor Shaktikanta Das keeps Repo Rate unchanged at 6.50 per cent third time in row

  August 10, 2023 10:28 IST

  The Central Bank decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation.

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  Rice prices surge to highest levels in 15 years in Asia amid concerns over global supplies: Report

  August 09, 2023 21:16 IST

  ccording to data from the Thai Rice Exporters Association, Thai white rice 5 per cent broken, an Asian benchmark, jumped to $648 a tonne, the most expensive since October 2008.

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  Stock markets bounce back on fag-end aided by buying in index majors

  August 09, 2023 20:16 IST

  The 30-share BSE Sensex climbed 149.31 points or 0.23 per cent to settle at 65,995.81. The NSE Nifty gained 61.70 points or 0.32 per cent to end at 19,632.55.

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  Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise

  August 09, 2023 16:55 IST

  The government has decided to offload 50 lakh tonnes of wheat and 25 lakh tonnes of rice under the Open Market Sale Scheme (OMSS).

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  Provident Fund alert: EPFO to transfer money to more than 7 crore subscribers

  August 09, 2023 13:59 IST

  The central government approved in July this year raising the interest rate on Employees Provident Fund (EPF) deposits to 8.15% for the financial year 2022–23.

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  Mobile Premier League lays off 350 employees | Know FULL DETAILS here

  August 09, 2023 9:50 IST

  MPL Co-Founder Sai Srinivas in an email to employees said that it was confirmed last week that a 28 per cent GST will be levied on the full deposit value rather than on Gross Gaming Revenue.

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  Multibagger logistics stock posts robust earnings in first quarter amid strong demand

  August 09, 2023 8:23 IST

  The logistics sector's role in driving the economy is significant, contributing an estimated 13-14 per cent to India's GDP.

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  Credit card default rises to Rs 4,072 crore in FY23

  August 08, 2023 21:42 IST

  During FY22, the total number of frauds was 729 and the amount involved was Rs 536.59 crore as against 438 frauds involving Rs 1,985.79 crore in FY21.

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  Passive funds gain traction among investors in India, market share witnesses growth: Study

  August 08, 2023 20:04 IST

  A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.

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  Old income tax regime with higher deductions remains more attractive for taxpayers than the new one

  August 08, 2023 17:58 IST

  85 percent people opted for the Old Regime while 15 percent were in favour of the new one.

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  'Thalinomics': Know why veg thali prices are higher than non-veg thali

  August 08, 2023 13:59 IST

  The report said the normal expense of setting up a thali at home is determined in light of input costs prevailing in north, south, east, and west India.

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  Ambareesh Murty dies of cardiac arrest: Who was he? All you need to know about Pepperfry's founder

  August 08, 2023 12:04 IST

  An IIM Calcutta alumnus, founded the home decor company in Mumbai in 2012.

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  Hike in ethanol price on cards as govt looks to address problem of grain supplies

  August 08, 2023 7:23 IST

  At present, 10 per cent ethanol is blended into petrol, and the government is looking to double this by 2025.

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  Multibagger penny stock in specialty chemicals forays into green-enviro-friendly infra projects

  August 08, 2023 6:54 IST

  The estimated project cost of targeted projects is about Rs 50 crore.

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  Punjab's GST collection rises 16.5%, excise revenue up 21% in first four months of FY24

  August 07, 2023 23:37 IST

  So far this year, a total of Rs 12,322.71 crore has been mobilized, which is 11.65 per cent higher as compared to the revenue collected during the year-ago period.