Business

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...

Bengaluru: A case was registered Saturday against Union Finance Minister Nirmala Sitharaman and others on the directions of a court in Bengaluru, following a complaint relating to the now-scrapped electoral bonds scheme. According to police, an FIR was registered under IPC sections 384 (punishment for...

New Delhi: The Indian startup ecosystem continued its growth momentum this week with securing nearly $461 million which included 10 growth-stage deals. At least 29 startups were part of the funding week, which saw 18 early-stage deals, as one startup kept financial details undisclosed. Global...

New Delhi: The government Saturday removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne. It has also reduced the levy on parboiled rice to 10 per cent. Exports of non-basmati white rice...

Rourkela: At least five workers were injured in an accident at the Steel Melting Shop-1 (SMS-I) of Rourkela Steel Plant in Odisha Saturday, official sources said. According to preliminary information, steel was being made in the converters of the SMS-I. “As per regular practice after...

Chennai: A fire broke out at a chemical godown of the electronics component factory of Tata Electronics Pvt Ltd in Tamil Nadu in the early hours of Saturday, police said. However, they said there were no casualties or injuries due to the incident. Seven fire...

New Delhi: The government has exempted export of non-basmati white rice from customs duty. In a notification issued late Friday, the revenue department also reduced export duty on parboiled rice, husked (brown rice), and rice in the husk (paddy or rough) to 10 per cent....