More From Economy
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Cabinet approves Rs 143 hike in paddy MSP to Rs 2,183 per quintal for 2023-24 | READ details here
June 07, 2023 15:35 ISTThe Cabinet Committee on Economic Affairs, chaired by PM Narendra Modi, approved the increase in MSP for all mandated Kharif (summer) crops for the 2023-24 crop year.
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Kejriwal's big boost for Delhi's night life: 155 shops to be open 24*7
June 07, 2023 12:59 ISTThe Chief Minister's Office said in a statement that after getting the Chief Minister's approval, the file has been sent to Lieutenant Governor VK Saxena for final decision.
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Markets climb in early trade on firm global trends; Rupee rises 8 paise against US dollar
June 07, 2023 11:39 ISTStock markets: The 30-share BSE Sensex climbed 235.1 points to 63,027.98. The NSE Nifty advanced 77.05 points to 18,676.05. Meanwhile, the rupee gained 8 paise to 82.52 against the US dollar in early trade on June 7.
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Centre allows 2,000 PACS to open 'Jan Aushadhi Kendras' to push affordable generic drugs | DETAILS
June 07, 2023 11:05 ISTJan Aushadhi Kendra: The move by the Cooperation Ministry holds significance as medicines at these Kendras are available at a 50 to 90% lesser rate in comparison to the branded medicines. Read the article below to know the eligibility criteria for opening Pradhan Mantri Bhartiya Jan Aushadhi Kendra.
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India's Internet economy expected to register six-fold growth to USD 1 trillion by 2030: Report
June 06, 2023 14:03 ISTIndia's Internet economy: The report suggests that the growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service providers and online media led by over-the-top players.
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World's largest crypto platform Binance charged by US regulator
June 06, 2023 12:46 ISTThe US' Securities and Exchange Commission (SEC) in a statement on Monday said Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.
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Stock markets: Sensex, Nifty register slump in early trade; Rupee rises 7 paise against dollar
June 06, 2023 10:31 ISTStock markets: The 30-share BSE Sensex declined 72.61 points to 62,714.86, while the NSE Nifty declined 12.15 points to 18,581.70.
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Why commercial real estate is emerging as the best investment option? Details
June 05, 2023 23:28 ISTLet's take a look at why commercial real estate is increasingly being viewed as the best investment option in today's market, according to some of the industry's brightest minds.
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RBI Governor Shaktikanta Das launches financial inclusion dashboard Antardrishti
June 05, 2023 23:13 ISTPresently, the dashboard is intended for internal use in the RBI, it said, adding it will further facilitate greater financial inclusion through a multi-stakeholder approach.
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Adani Group repays loans worth USD 2.65 bn to complete prepayment programme
June 05, 2023 20:02 ISTIn a Credit Note released on Monday, Adani Group said it has made a full prepayment of USD 2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms and also another USD 700 million in loans taken for the acquisition of Ambuja Cement.
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Gems and jewellery player rides high after sub-division, posts revenue at Rs 506 crore
June 12, 2023 14:47 ISTThe company has posted stellar numbers in the financial year 2022-23 as its revenue jumped more than 900 per cent to Rs 506 crore.
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Mahindra Group appoints Amarjyoti Barua as Executive VP Group Strategy
June 05, 2023 14:55 ISTBarua will be a part of the Group Executive Board reporting to Mahindra Group Managing Director and CEO Anish Shah.
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Markets trade firm in early trade as sensex, nifty climb amid rally in global equities
June 05, 2023 10:32 ISTThe 30-share BSE Sensex jumped 367.98 points to 62,915.09 in early trade. The NSE Nifty advanced 75.35 points to 18,609.50.
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OPEC Plus will continue oil output cuts as prices remain unchanged
June 05, 2023 10:04 ISTIn April, Saudi Arabia, Russia, and other OPEC+ oil producers declared their intention to reduce production by 1.16 million barrels per day.
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Manaksia board approves dividend payout for financial year 2022-23
June 04, 2023 22:29 ISTManaksia is the flagship company of the Manaksia Group. The Kolkata-based company's shares on Friday closed at Rs 176.45 (BSE) and have given 124 returns in 6 months.
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Walmart shareholding in PhonePe drops to 85 per cent
June 04, 2023 14:40 ISTWalmart group firm has raised USD 750 million, including USD 200 million capital infusion from Walmart.
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Hardwyn India shares to turn ex-bonus, split today
June 05, 2023 9:22 ISTHardwyn India is a leading architectural hardware maker. Its shares are set for sub-division of face value and bonus issuance.
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India deserves to have non-stop flights to more overseas destinations: Air India CEO
June 04, 2023 11:21 ISTWilson, who is piloting Air India's massive expansion plans in terms of fleet as well as routes, also said that IndiGo succeeding well and Tata airlines coming together provides a good competitor to the strength of IndiGo.
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SBI Life to takeover liabilities of 2 lakh policies, assets of Sahara India Life Insurance: IRDAI
June 03, 2023 12:18 ISTA SILIC spokesperson said that in 2017, Irdai had ordered the transfer of Sahara Life Insurance business to ICICI Prudential Life Insurance and that decision was later quashed by the Securities Appellate Tribunal (SAT) on July 28, 2017.
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As govt aims to make India a global manufacturing hub, Rama Steel Tubes' net profit rises 52%
June 02, 2023 14:40 ISTAccording to financial results available on BSE, the company's profit for the period after tax was Rs 10.07 crore.
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Mahindra group’s Swaraj launches new range of compact lightweight tractors; check price & features
June 02, 2023 14:01 ISTThe Swaraj Target 630 model will first be available through its dealer network in Maharashtra and Karnataka, at a price starting from Rs 5.35 lakh (ex-showroom),
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Indian-origin CEOs run global corporate giants with over $5 trillion revenue, surpassing India's GDP
June 02, 2023 13:02 ISTAccording to reports, 24 Indian CEO-led global companies - with a collective market value overtaking $5 trillion --surpassed India's current GDP. The Gross Domestic Product is most often used by the government of a single country to measure its economic health.
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BRICS pitches for using local currencies in international trade
June 02, 2023 12:49 ISTThe BRICS nations underlined the need for using local currencies in international trade and financial transactions.
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Markets bounce back in early trade after two days of fall; Rupee rises 10 paise against US dollar
June 02, 2023 10:58 ISTStock markets: The 30-share BSE Sensex climbed 291.3 points to 62,719.84 in early trade. The NSE Nifty advanced 85.95 points to 18,573.70. Meanwhile, Asian and US markets were also trading in green.
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Specialty chemicals maker announces QIP issue worth Rs 100 crore
June 01, 2023 23:28 ISTVikas Ecotech has also fixed the floor price for QIP issue. The floor price has been set at Rs 2.92 per share, according to the filing.
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GST collections rise 12 per cent to Rs 1.57 lakh crore in May: Finance Ministry
June 01, 2023 17:31 ISTThe GST collections in May saw a rise of 12 per cent which indicates a bullish trend in the Indian economy amid global challeges.
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India's power consumption grows marginally in May 2023 | Read details here
June 01, 2023 19:05 ISTPower consumption in May 2023: Experts said that unseasonal rains in March, April and May affected the power consumption in the country. The power ministry has estimated the country's electricity demand to touch 229 GW during this summer season.
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Amazon fined $25 mn for violating children's privacy law, deceiving parents
June 01, 2023 14:07 ISTAmazon will be required to delete inactive child accounts and certain voice recordings and geolocation information.
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Bengaluru man pretending to be disabled while begging confronted by locals, video goes viral
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Father's final words to son before dying of terminal cancer leave internet in tears