Business

New Delhi: India's defence export is estimated to grow at 18 per cent CAGR (compound annual growth rate) from FY24-FY30, driven by the 'Make in India' initiative and thrust on local manufacturing. According to global investment firm Jefferies, which cited factors such as geopolitical tensions...

New Delhi: Prime Minister Narendra Modi held bilateral discussions with the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, at Hyderabad House Monday. The Prime Minister received the Abu Dhabi Crown Prince and the two leaders greeted each other with...

New Delhi: As the adoption of electric vehicles (EVs) increase in the country, the cost of EVs will almost match petrol and diesel vehicles within the next two years, Union Minister for Road Transport and Highways, Nitin Gadkari, said Monday. Addressing an event here organised...

New Delhi: After the sharp reduction in import duty announced in the Union Budget, the revenues of organised gold jewellery retailers will increase 22-25 per cent this fiscal (year-on-year) — a solid 500-600 basis points (bps) more than the 17-19 per cent expected earlier, a...

New Delhi: Macroeconomic data announcements, global trends and trading activity of foreign investors would be the major driving factors for the equity markets this week, according to analysts. "Crude oil prices has seen a meaningful correction over the few days with Brent crude now close...

San Francisco: As Telegram Founder and CEO Pavel Durov remains in France under the close observation of local authorities, a media analysis has found that his social media platform is "inundated" with illegal and extremist activity. The analysis by the New York Times of over...

New Delhi: Congress Sunday said the SEBI investigation into "the Adani Group's brazen attempt" to bypass regulations is still languishing and the capital markets regulator has a lot to explain. Congress general secretary in-charge communications Jairam Ramesh's remarks attacking SEBI came after a media report...

New Delhi: The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE...

New Delhi: Indian startup ecosystem raised more than $348 million in funding this week, as the growth momentum for the industry continued for a second consecutive week. The Indian startups collectively secured $348 million across 19 deals this week, compared to $466 million raised by...

Bhubaneswar: Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers, an official said. The joint ventures between Tata Power and the Odisha government, placed orders worth Rs 8,690 crore with local MSMEs and Rs 2,791 crore to non-MSMEs...