Business

Bhubaneswar: Railway Minister Ashwini Vaishnaw Sunday said new railway projects worth Rs 1 lakh crore will be implemented in Odisha in the next five years. Vaishnaw said this while addressing a felicitation programme organised by Odisha BJP here to felicitate the party's 20 MPs and...

New Delhi: Tech honchos Satya Nadella, Sundar Pichai, and others hailed India’s historic win over South Africa in a nerve-wrenching final of the ICC T20 World Cup at the Kensington Oval in Barbados Saturday. Alphabet and Google CEO Pichai posted on X: “What a game,...

New Delhi: The Financial Services Institutions Bureau (FSIB) Saturday selected SBI's senior most managing director CS Setty for the post of SBI Chairman. Setty is currently the managing director of SBI, looking after International Banking, Global Markets and Technology verticals. He will succeed Dinesh Kumar...

New Delhi: About 17 Indian startups have raised $196.4 million in funding across 17 deals this week. This represents a decrease of 75 per cent from the $800.5 million secured by the startups last week across 21 deals, reports Inc42. The largest funding round was...

New Delhi: The World Bank Saturday approved $1.5 billion in financing for a second operation to help India — which is the fastest-growing large economy in the world — accelerate the development of low-carbon energy. The second ‘Low-Carbon Energy Programmatic Development Policy Operation’ will support...

New Delhi: The eight key infrastructure sectors' growth rose by 6.3 per cent in May on healthy expansion in the production of coal, natural gas, and electricity, though the growth rate is lower than in April, according to official data released Friday. The production of...

New Delhi: Total gross liabilities of the government increased to Rs 171.78 lakh crore at the end of March 2024 from Rs 166.14 lakh crore at December-end, the finance ministry has said. This represented a quarter-on-quarter increase of 3.4 per cent in the fourth quarter...

New Delhi: The central government's fiscal deficit was only at 3 per cent of the annual estimates at May-end 2024-25, the first two months of the financial year during which model code of conduct was in place due to Lok Sabha elections. The fiscal deficit...

Mumbai: India government bonds or government securities are set for inclusion in the global bond index from Friday. JP Morgan will add Indian government bonds to its Government Bond Index-Emerging Markets (GBI-EM) from June 28. It is the first time ever that Indian government bonds...

Islamabad: The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by $239 million due to external debt repayments. During the week ending June 21, the total foreign exchange reserves of the bank fell to around 8.9 billion dollars, the SBP...