Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
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The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Wed, Jul 20, 2022
Private equity players and venture capital funds have pumped in 28 per cent more money into domestic companies, mostly into startups, totalling USD 34.1 billion in the first half of the year, according to a report.
Policy premiums have gone up twice in 18 months and it is unlikely that they would go up again at least in the foreseeable future, Niraj Shah, CFO at HDFC Life Insurance Company says
Tue, Jul 19, 2022
Finance ministry on Tuesday said that the economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the current fiscal
Mon, Jul 18, 2022
Government and RBI (Reserve Bank of India) regularly issue guidelines and have taken several initiatives aimed at resolution of long-standing stressed assets on the books of banks as well as timely identification and recognition of stress immediately upon default and take corrective action for mitigation of the same.
Fri, Jul 15, 2022
States have budgeted 36 per cent higher capital expenditure during this financial year, which may lead to a sharp rise in their fiscal deficit to Rs 8.4 lakh crore, a report said on Friday
After implementation of a free trade agreement, India's exports to the UAE rose by 16.22 percent to USD 837.14 million during May-June this year, sources said on Friday.
The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel, raises the question whether the Indian government should continue with its windfall tax, said CLSA Ltd in a report.
Thu, Jul 14, 2022
First summit of the four-nation grouping 'I2U2' on Thursday announced an investment of USD 2 billion to develop a series of integrated food parks across India and a plan to set up a 300-megawatt hybrid renewable energy project in Gujarat, signalling its near long-term strategic partnership to address major challenges in specific areas
Exports during April-June 2022 rose by 14.6 per cent to Rs 77,049.76 crore (USD 9,983.78 million) compared to Rs 67,231.25 crore (USD 9,110.48 million) during April-June 2021.
An electric highway generally refers to a road which supplies power to vehicles travelling on it, including through overhead power lines.
Wed, Jul 13, 2022
In its India's economic outlook - July 2022 report, leading consultancy Deloitte India said that as 2021 was coming to a close, there was optimism in the air but the optimism received a jolt early this year as a wave of Omicron infections swept through the country and Russia's invasion of Ukraine happened in February.
Tue, Jul 12, 2022
Mon, Jul 11, 2022
Nitin Gadkari said, "I heartily thank & salute the incredible Engineers, Officers & Workers who persevered day & night to make this day happen. Such development is the fulfillment of the promise by PM Shri @narendramodi Ji's Government on building world class infrastructure in #NewIndia. #GatiShakti"
Fri, Jul 08, 2022
With this for the first time three Private Banks have also been allowed to provide financial services for overseas procurement by MoD.
Wed, Jul 06, 2022
The government has notified certain procedural changes in the GST rules, including those related to threshold, for filing annual returns for the 2021-22 fiscal, a move that will help ease the compliance burden on small players.
Mon, Jul 04, 2022
PM also applauded the role of technology during the pandemic and said, the power that Digital India has created in the country in the last eight years has helped India a lot in combating the Corona global pandemic.
Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) are likely to see revival in their profitability in the current fiscal, helped by the flexibility to set lending rates under the new regulatory framework for MFIs and lower credit cost, according to a report
Fri, Jul 01, 2022
Factors contributing to the broad-based rise in inflation will include the impact of this year's heatwave on domestic food production, coupled with persisting high international commodity prices and input costs, it said.
US stocks have seen their worst first half of a year since 1970, as concerns grow over how steps to curb inflation will affect economic growth.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.21 per cent higher at 104.90.
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