• 

  Indian economy to see stronger-than-expected growth in FY24: RBI

  January 18, 2024 18:31 IST

  A weak global outlook could improve if geopolitical conflicts are resolved, resulting in a containment of their repercussions on commodity and financial markets, said RBI.

• 

  India requires 2,840 new aircraft, 41,000 pilots over next 20 years: Airbus 

  January 18, 2024 16:56 IST

  Airbus got orders for 750 aircraft last year, delivering 75 units to Indian carriers, including 41 to IndiGo, 19 to Air India, 14 to Vistara, and one to Go First, said Maillard.

• 

  Interest rates to keep falling but last mile 'very very tricky', says IMF Chief Kristalina Georgieva

  January 18, 2024 16:24 IST

  The IMF chief said that some countries have successfully managed inflation and can afford accommodative monetary policies.

• 

  Cabinet gives nod for creation of three officer-level posts for 16th Finance Commission

  January 18, 2024 16:04 IST

  The new positions are necessary to support the commission for its functions, while all other posts in the commission have already been created as per the delegated powers, according to an official statement.

• 

  Sensex falls for third straight session by 314 points, Nifty down 0.51 per cent to 21,462

  January 18, 2024 16:14 IST

  NTPC, Asian Paints, PowerGrid, IndusInd Bank, Titan Company, Maruti Suzuki, Bajaj Finance, JSW Steel, and Nestle India were the top laggards in the Sensex.

• 

  EPFO removes Aadhaar as valid proof for date of birth; here are all valid documents

  January 18, 2024 14:05 IST

  The UIDAI directive said that while Aadhaar serves as a unique identifier, it is not recognised as proof of date of birth as per the Aadhaar Act, 2016.

• 

  Budget 2024: Government may extend scope of PLI scheme to job-creating sectors, says Deloitte

  January 18, 2024 13:00 IST

  The government might introduce support measures for sustainable growth in income for rural households, enhancing disposable income in the rural economy, according to Deloitte's budget expectations report.

• 

  Akasa Air places order for 150 Boeing 737 MAX aircraft for global expansion

  January 18, 2024 11:29 IST

  The order is the first major one for Boeing's 737 MAX jetliner programme since a recent incident involving a mid-air cabin panel blowout.

• 

  Asian Paints posts 12 per cent annual volume growth in Q3, beats estimates

  January 18, 2024 11:08 IST

  The company's growth was due to consistently low raw material prices, resulting in the highest gross margin in the last 11 quarters, reaching 43.6 per cent.

• 

  HDFC Bank shares continue decline, post 10 per cent loss in two days

  January 18, 2024 10:51 IST

  The bank's American Depository Receipts fell over 15 per cent in the last two days, resulting in a more than 10 per cent slump in the domestic HDFC Bank stock.

• 

  IndiGo, Air India and SpiceJet slapped with fine of Rs 2.70 crore | DETAILS

  January 18, 2024 10:24 IST

  The penal action comes more than two weeks after significant flight disruptions were witnessed at the Delhi airport due to dense fog that had resulted in low visibility conditions.

• 

  Sensex tanks 561.05 points in early trade; Nifty plunges to 21,406.35

  January 18, 2024 10:32 IST

  Asian Paints, Wipro, HDFC Bank, HCL Technologies, IndusInd Bank, NTPC, and JSW Steel were the laggards, while Axis Bank, Bharti Airtel, UltraTech Cement, Tata Motors, and Reliance Industries were the major gainers on the Sensex.

• 

  Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das

  January 17, 2024 18:59 IST

  The governor said that structural reforms by the government in recent years have boosted the medium- and long-term growth prospects of the economy.

• 

  Japan Airlines appoints former cabin attendant as first female president days after jet crash

  January 17, 2024 17:08 IST

  The appointment comes when Japanese companies are under scrutiny to enhance gender diversity and address the gender pay gap in the country.

• 

  Tata Punch EV launched at Rs 10.99 lakh, deliveries to begin on Januray 22

  January 17, 2024 16:26 IST

  The electric vehicle will come in five variants, Smart, Smart+, Adventure, Empowered, and Empowered+, along with two battery pack options, a 25 kWh version with a claimed range of 315 km and a Long Range version with a 35 kWh battery pack offering an MIDC range of 421 km.

• 

  Sensex plunges 1,628 points, Nifty down 2.06 per cent in biggest single day loss since June 2022

  January 17, 2024 16:25 IST

  The fall in the Sensex and Nifty was primarily triggered by a substantial fall in HDFC Bank's share price.

• 

  Why did Sensex fall over 1,600 points, Nifty below 22,000 after hitting record highs?

  January 17, 2024 16:28 IST

  Banking shares faced significant selling pressure as all 12 Nifty Bank index constituents traded with cuts. The selling activity was triggered by negative commentary on HDFC Bank's below-par third quarter figures, impacting sentiment across the sector.

• 

  Inflation moderating, moving towards 4 per cent target: RBI Governor Shaktikanta Das

  January 17, 2024 18:28 IST

  Speaking at the World Economic Forum annual meeting in Davos, the governor expressed confidence in the effectiveness of monetary policy, stating that core inflation has been steadily decreasing.

• 

  HDFC Bank shares fall 7 per cent post Q3 earnings; market cap erodes by Rs 72,736 crore

  January 17, 2024 11:30 IST

  HDFC Bank reported a net profit of Rs 16,372 crore compared to Rs 15,976 crore in the quarter-ago period on a standalone basis.

• 

  Budget 2024: Key differences between interim and regular budget

  February 01, 2024 10:08 IST

  The Finance Minister has indicated that the interim budget 2024 will not include major announcements and that it will be a vote-on-account to meet the government's expenses until a new government is in place.

• 

  86 per cent Indian CEOs expect economy to improve over next 12 months: Survey

  January 17, 2024 10:56 IST

  About 62 per cent of business leaders in the country expressed "extreme or very confident" expectations regarding the growth of their companies over the next year, while 37 per cent of global CEOs shared similar confidence levels.

• 

  Oil companies may slash petrol, diesel prices by Rs 5-10 next month

  January 17, 2024 10:40 IST

  The companies may make a decision on slashing fuel rates by Rs 5 to Rs 10 a litre after assessing their financial results and considering the potential for future spikes in global oil prices.

• 

  Stock markets: Sensex plunges over 1,300 points, Nifty falls below 22,000-level in early trade

  January 17, 2024 10:34 IST

  The stock market witnessed a sharp decline as it opened in negative, with the Sensex plummeting more than 1,300 points to 71,757.54 in early trade. The overall market sentiment seemed to be impacted by HDFC Bank's decline, signaling a broader market correction.

• 

  India can become USD 5 trillion economy before 2028, says Hardeep Singh Puri

  January 16, 2024 18:13 IST

  Puri expressed confidence in meeting India's targets for 2030 on energy transition and highlighted initiatives such as the green hydrogen policy, aviation fuel targets, and biofuel blending potential.

• 

  Green hydrogen holds key to India's journey to net-zero carbon emissions: Gautam Adani

  January 16, 2024 17:56 IST

  Green hydrogen has the potential to be an alternative to fossil fuels, considering the intermittent nature of renewable energy sources, said Gautami Adani.

• 

  Hyundai Creta facelift launched at Rs 11 lakh; here's all you need to know

  January 16, 2024 17:25 IST

  The Creta 2024 facelift price starts at Rs 10,99,900 and goes up to Rs 19,99,900 (ex-showroom).

• 

  HDFC Bank Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent

  January 16, 2024 17:02 IST

  The total income on a standalone basis for the bank stood at Rs 81,720 crore in the third quarter of FY24, compared to Rs 51,208 crore in the same period of the previous year.

• 

  Sensex falls 199 points, Nifty below 22,050 amid global weakness, profit booking in IT stocks

  January 16, 2024 15:59 IST

  The BSE Sensex was down 199.17 points at 73,128.77, while the Nifty fell by 65.15 points to 22,032.30.