Business

New Delhi: Prime Minister Narendra Modi Wednesday congratulated RBI Governor Shaktikanta Das on receiving top rating in a global ranking of central bankers, lauding it as a recognition of his leadership. He said on X, "Congratulations to RBI Governor Shri Shaktikanta Das for this feat,...

Mumbai: The Indian rupee stayed firm for the second straight session and settled 8 paise higher at 83.79 (provisional) against the US dollar Tuesday, buoyed by positive domestic equity markets, weak American currency and lower crude oil prices. Forex traders said, foreign fund outflow, however,...

New Delhi: Backed by robust government measures, the domestic electronic manufacturing services (EMS) market is poised to grow at a 32 per cent compound annual growth rate (CAGR) in the FY22-FY27 period to reach $72.2 billion from $17.5 billion in FY22, a report showed Monday....

New Delhi: The overall headline numbers of India’s economy are strong, reflecting a large amount of public investment which has been a critical factor driving growth, according to IMF Deputy Managing Director Gita Gopinath. She said India must carry out further reforms to maintain its...

Mumbai: Indian equity benchmarks opened in the green Monday, following positive sentiments in global markets. At 9:40 a.m., Sensex was up 200 points or 0.25 per cent at 80,636 and Nifty was up 80 points or 0.33 per cent at 24,621. Broader market trends remain...

New Delhi: With the earnings season drawing to a close, stock markets will take cues from global trends and foreign investors' trading activity this week, analysts said. The US FOMC (Federal Open Market Committee) minutes will be the major highlight this week, experts said. "This...

New Delhi: Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of...

New Delhi: The combined market valuation of seven of the top 10 valued firms jumped Rs 1,40,863.66 crore in a holiday-shortened last week with the benchmark Sensex gaining nearly 1 per cent. Tata Consultancy Services and Infosys emerged as the biggest gainers in line with...

Sriperumbudur: Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a Battery Energy Storage System unit in India, its chairman Young Liu said here. With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the...

New Delhi/Mumbai: A female cabin crew member of Air India was allegedly assaulted by an intruder at a London hotel earlier this week, according to sources. The airline is pursuing the matter with the local police. In a statement, an Air India spokesperson said it...