New Delhi: The growth in production of eight key infrastructure sectors contracted 1.8 per cent in August this year due to a decline in the output of coal, crude oil, natural gas, refinery products, cement and electricity, according to official data released Monday. The growth...
Mumbai: The country's current account deficit widened marginally to $9.7 billion or 1.1 per cent of GDP in April-June 2024, as against $8.9 billion or 1 per cent in the year-ago period, Reserve Bank of India said Monday. The crucial number representing the country's external...
New Delhi: The Centre's fiscal deficit at the end of the first five months of the current fiscal touched 27 per cent of the full-year target, government data showed Monday. In absolute terms, the fiscal deficit -- the gap between expenditure and revenue -- was...
Mumbai: Equity benchmark indices tumbled nearly 1.5 per cent Monday due to heavy selling in frontline stocks Reliance Industries, ICICI Bank and HDFC Bank amid rising geopolitical risks in the Middle East and weakness in Japanese markets. Besides, profit-taking after a record-breaking rally and foreign...
New Delhi: After a long-standing and dramatic courtroom battle, BharatPe Monday said it has agreed with its former co-founder Ashneer Grover, who was charged, along with his family members, by the fintech company for alleged misappropriation of funds worth Rs 88.67 crore. In a statement...
New Delhi: Global trends, trading activity of foreign investors and domestic macroeconomic data announcements would dictate terms in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed Wednesday for Mahatma Gandhi Jayanti. "Looking ahead, it will be interesting to...
New Delhi: The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around Rs 60,000 crore, merchant bankers said. Apart from...
New Delhi: With 7 per cent economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Reserve Bank's former governor Raghuram Rajan said and suggested the government needs to focus on promoting labour-intensive industries...
New Delhi: Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve. With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed...
New Delhi: The combined market valuation of eight of the top-10 most valued firms surged Rs 1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points...
The already strained ties between India and Canada escalated to a full blown diplomatic row 14 October, as both countries...
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A new government has come to Jammu and Kashmir after its first election in 10 years, shifting some powers from...
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The government has decided to extend the term of RBI Deputy Governor M Rajeshwar Rao for another year, until October...
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The National Conference-Congress alliance will form the government after winning a comfortable majority in the Jammu and Kashmir elections, while...
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