Mumbai: Benchmark equity indices Sensex and Nifty rallied more than one-and-a-half per cent to hit their lifetime highs Friday helped by impressive GDP data and fresh foreign fund inflows. The 30-share BSE Sensex jumped 1,245.05 points or 1.72 per cent to reach 73,745.35 -- its...
New Delhi: The Enforcement Directorate has frozen security holdings of more than Rs 580 crore of a Dubai-based "hawala operator" and seized cash and valuables worth Rs 3.64 crore after fresh raids in the Mahadev app-linked money laundering case, official sources said Friday. The latest...
New Delhi: Prime Minister Narendra Modi Friday said the upcoming semiconductor units will further strengthen India's "transformative journey" towards technological self-reliance. The Union Cabinet Thursday approved proposals to set up three semiconductor plants, including a mega fab by Tata Group, at a cumulative investment of...
New Delhi: India's manufacturing sector growth climbed to a five-month high in February amid a sharper uptick in factory production and sales, supported by both domestic and external demand, a monthly survey said Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose...
New Delhi: One 97 Communications Ltd, the parent company of Paytm, and Paytm Payments Bank Limited (PPBL) Friday announced to discontinue various inter-company agreements, as the Reserve Bank of India (RBI) ban on the bank’s operations inches closer. In a BSE filing, the company said...
New Delhi: The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 3,300 per tonne with effect from Friday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on export of...
New Delhi: India's economy sprang a surprise with an 8.4 per cent surge in GDP growth during the third quarter (October-December), as a result of which the country's economic growth rate for the financial year 2023-24 is now estimated at a robust 7.6 per cent,...
Bhubaneswar: The Odisha government Thursday distributed project approval letters to seven apparel and garment manufacturing units to be established in Khurda district. Industries Minister Pratap Kesari Deb handed over the letters to the companies during a special function held for this purpose here. According to...
Karachi: Pakistan's foreign exchange market is tense on reports about the expected higher dollar outflows, local media reported. State Bank of Pakistan (SBP) is currently burdened with arranging $1.8 billion for repayment of a Chinese loan due in March, Dawn reported. "The Ministry of Finance...
New Delhi: India has received over Rs 2.5 lakh crore worth investment proposals in the semiconductor sector, ranging from packaging, design and research and development, the Centre said Thursday. Addressing the ‘India Semiconductor and Packaging Ecosystem Conference’ (ISPEC) at SCL Mohali in virtual mode, Union...
It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
Read more
Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
Read more
One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
Read more
Let us discuss what is called merit. The British middle class is 60 per cent of the population. The working...
Read more