Mumbai: Stock markets closed lower Monday amid selling in utilities, IT, and FMCG shares, as renewed tensions in West Asia pushed crude oil higher and fanned fears of a higher-interest-rate environment. The 30-share BSE Sensex declined 307.24 points, or 0.40 per cent, to settle at...
New Delhi: India's economy grew at a faster-than-expected 7.8 per cent in the April-June quarter, showing resilience in the face of concerns that the war in Iran and resulting global economic uncertainty could weigh on growth. Gross domestic product (GDP) growth in the first quarter...
New Delhi: The government is considering liberalisation of foreign direct investment (FDI) norms in the defence sector to further attract overseas investors, an official said Monday. The Department for Promotion of Industry and Internal Trade is holding stakeholder consultations on the subject. "Some easing in...
New Delhi: Automotive dealers body FADA is confident of the sector clocking double-digit growth in the ongoing fiscal year, with good traction on the ground continuing since the GST rate cuts last year, its CEO Saharsh Damani said Monday. In an interview with PTI, he...
Kolkata: Coal India Ltd (CIL) Chairman and Managing Director B Sairam Monday said the initial public offerings (IPOs) of two of its largest subsidiaries, South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields Ltd (MCL), will be completed within the current financial year. Responding to questions...
New Delhi: The government has notified the Semicon 2.0 scheme with an outlay of Rs 1.27 lakh crore to boost the chip manufacturing ecosystem in the country. The scheme has been divided into six segments covering designing of chips by Indian firms, setting up units...
New Delhi: The Supreme Court Monday refused to entertain a public interest litigation (PIL) seeking directions for disclosure of the ethanol content in petrol and greater transparency regarding the compatibility of ethanol-blended fuel with vehicles. A Bench of Justices M.M. Sundresh and Prasanna B. Varale...
New Delhi: The 2023 in-flight shutdown of an engine on an Air India Boeing 787-8 aircraft prompted manufacturer GE Aerospace to expand borescope inspection requirements for affected engines, the Directorate General of Civil Aviation (DGCA) has told the Central Information Commission (CIC). The disclosure came...
New Delhi: Foreign portfolio investors (FPIs) infused Rs 30,919 crore in Indian equities in August, extending their buying streak to a second straight month, amid improving corporate earnings, resilient economic activity, stable rupee and easing geopolitical concerns. The inflow follows Rs 20,200 crore invested in...
New Delhi: Dissenting lenders have alleged that five entities linked to media baron Subhash Chandra's family together controlled 61.78 per cent of the voting share and were instrumental in pushing through his personal insolvency resolution plan, which proposes to pay just Rs 6.5 crore against...
Banning books by governments does not surprise much since this has been going on across the world since long. But...
Read moreDetails
The UN Committee on the Elimination of Racial Discrimination (CERD) in its latest report released recently has castigated India for...
Read moreDetails
Climate justice should become one of the most important points when discussing climate change. The harsh reality of human-induced climate...
Read moreDetails
A foreign outlet interviewed me this week and at the end of it, after we had wrapped up, the interviewer...
Read moreDetails