Business

automobile

Automobile exports from India rise 15.5% in Q1

New Delhi: Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as...

Softbank

Softbank exits Paytm at loss of around $150 million

New Delhi: Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications -- the owner of Paytm brand -- in...

Industry, India, Output, Production

India’s industrial output grows 5.9% in May

New Delhi: India's industrial production grew 5.9 per cent in May this year, mainly due to good show by mining and power sectors, according to official data released Friday. The factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth...

Inflation in India

Retail inflation rises to 5.08% in June: Govt data

New Delhi: Retail inflation increased to 5.08 per cent in June as kitchen items became dearer, according to government data released Friday. The Consumer Price Index (CPI) based retail inflation was 4.8 per cent in May 2024 and 4.87 per cent in June 2023 (previous...

 

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