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Economy
Sensex, Nifty rebound over 1 per cent amid rally in global markets
Among the Sensex firms, IndusInd Bank jumped 5.08 per cent.
Lithium reserves in Rajasthan raise hopes of reduced dependence on China
The Geological Survey of India (GSI) and mining officials claim that the capacity of lithium reserves found here is higher than the lithium reserves found in Jammu and Kashmir recently.
India ‘exciting’ mkt, great to be here: Tim Cook
Apple CEO says company registered double-digit year-on-year growth in the country in March quarter of 2023
India’s coal production rises 8.6% to 73 mn tonnes in April 2023
Coal India Ltd (CIL) reported production of 57.57 million tonnes in April 2023 as against 53.47 million tonnes of the year-ago period, thus showing a rise of 7.67 per cent.
Per capita spending on health rises but share in GDP remains constant
In Tamil Nadu, Andhra Pradesh and Telangana, it is only 0.9 per cent. Karnataka is the lowest at 0.7 per cent.
India will stay on course; projected to grow at 7 pc in 2022-23: FM Sitharaman
Both the IMF and World Bank project India to be the fastest-growing major economy in 2023.
Rupee gains 27 paise to close at 81.84 against US dollar
Global oil benchmark Brent crude futures declined 0.27 per cent to USD 87.09 per barrel.
IMF cuts India growth forecast to 5.9 per cent in FY24
Despite the downward revisions, India continues to be the fastest-growing economy in the world, the World Economic Outlook figures revealed.
‘Eat now, pay later’: Pune trader offers mangoes on EMI
If refrigerators and air-conditioners can be purchased in instalments, why not mangoes, reasons Gaurav Sanas of Gurukripa Traders and Fruit Products.
Mango growers worried after crop hit by unseasonal rains
LUCKNOW: Expecting a bumper crop this year, the mango growers of Uttar Pradesh, who were upbeat till a fortnight back, are now keeping their fingers crossed as the unseasonal rains have already destroyed 20-25 per cent of the crop which was…
Over $ 89,127M, Highest Ever Remittances received in 2021-22
New Delhi: India received foreign inward remittances of USD 89,127 million in 2021-22, which was the highest ever received in a single year, Union minister of state for finance Pankaj Chaudhary informed Parliament on Tuesday.
Pankaj…
Telangana Budget Pegs Rs 2.9 Lakh Crore Expenditure In Next Financial Year
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Telangana Budget: Medical and Health Department gets Rs 12,161 crore. (File)
Hyderabad:
Telangana Finance Minister T Harish Rao on Monday introduced the State Budget in the Assembly with an…
GST collection up 10 pc at Rs 1.56 lakh crore for Jan. ’23
New Delhi: The gross goods and services tax (GST) collection rose 10.59% year-on-year to Rs 1.55 lakh crore in January 2023 on the back of robust economic recovery and higher compliance.
"The gross GST revenue collected in the month of…
World is looking forward to India’s Budget: PM Modi
New Delhi: Prime Minister Narendra Modi on Tuesday said that in today’s global circumstances, not only India but the entire world is looking at India’s budget.
Speaking to the media just ahead of the start of the Parliament's Budget…
Sensex tatters due to Adani group rumors in 2 days
Mumbai: The BSE Sensex on Friday plunged another 874.16 points below 60K level at 59,330.90, three month low following heavy selling in Utilities, Power, Oil and Gas and Telecommunications stocks.
With this, the Sensex has crashed over…
Iraqi Dinar devalued, thousands protest in Baghdad streets
Baghdad: Thousands of Iraqis rallied on Wednesday near the Central Bank of Iraq (CBI) in downtown Baghdad to protest the recent devaluation of the Iraqi dinar and demand the government take action to stabilize the currency.
The…
YesBank Q3 net profit rises 25 pc to Rs 52 Cr
New Delhi: YesBank on Saturday reported a net profit of Rs 52 crore for the quarter ended December 31, 2022.
Operating profit for the quarter stood at Rs 914 crore, registering a 25 per cent growth on year-on-year basis.
CASA in the…
UK inflation eases to 10.5 pc in Dec.’22 from 11.1pc peak
London: The United Kingdom's (UK) inflation slowed for a second month in December 2022, but the cost-of-living crisis continued as food inflation remained record high, official figures showed on Wednesday.
The consumer price index (CPI)…
96 pc of MSMEs expect profits to rise in 2023
Kolkata: Ninety-six per cent of MSMEs expect profits to increase in 2023, an MSME Business Confidence Study released today by NeoGrowth, an MSME-focused digital lender in India, indicates.
The MSME Business Confidence Study was conducted…
GST collection retains uptrends in December’22, Rs 1,49,507 Cr added to govt kitty
New Delhi: The gross GST collection registered an increase of 15 per cent year-on-year (YoY) to Rs 1,49,507 crore in December 2022, government data showed on Sunday.
Out of Rs 1,49,507 crore, CGST was Rs 26,711 crore, SGST Rs 33,357 crore,…