Economy

Most brokerages still expect that the National Democratic Alliance (NDA) led by PM Narendra Modi will comfortably form the central government for the third straight time.

New Delhi: About 24 Indian startups have raised around $444 million in funding during this week, which include five growth-stage deals and 14 early-stage deals. Two early-stage startups did not disclose the amount raised, Entrackr…

According to the RBI data, the forex reserves reached an all-time high of $648.7 billion as of May 17, with a weekly addition of $4.54 billion to the reserves.

To keep onion prices affordable during the election period, the government on May 4 lifted the ban but imposed a minimum export price (MEP) of USD 550 per tonne.

Coal ministry sets ambitious production target of 1080 million tonnes for FY 2024-25

This cancer-causing agent raises the risk of breast cancer and lymphoma.

The government has put in place other preventive measures like mandatory testing of spices being exported to Singapore and Hong Kong, the official added.

Recently, FSSAI seized 575 kg of mangoes worth Rs 72,000 from fruit stalls in Coimbatore after they were found to have been ripened using ethylene sachets in an unapproved way.

With its availability having come down in recent times, a kilo of king fish is now priced at around Rs 1,500.

SME Funding, loans and emphasis on employment generation schemes has been the topmost priority in ModiNomics, averrs the reforms expert Sameer Kochhar

Discounting the recent volatility in market and the heavy selloff by foreign investors, the minister said that the stock market should have its own assesment of situations and need not worry about the trend outside.

In the immediate past week ending April 26, the overall kitty had dropped by $2.412 billion to $637.922 billion.

While initially amending the rice export policy, DGFT maintained that the export would be allowed based on permission granted by the government to other countries to meet their food security needs.

The share of crude petroleum imported from Russia surged to around 36% in the 11 months of the fiscal year 2024 from a mere 2% in the fiscal year 2022.

Onion exports were banned on December 8 last year until March 31, 2024, to control domestic prices. This ban was later extended due to concerns about price inflation.

The BSE benchmark climbed 599.34 points or 0.83 per cent to settle at 73,088.33 on Friday.

The IPO comprises fresh issue of Rs 500 crore and an offer for sale of up to Rs 300 crore by promoters and promoter groups

As per the data, domestic production of petroleum products has shown positive growth. Output in March 2024 was 1.5% higher than March 2023, and for entire financial year, it grew by 3.6% compared to the previous year.

This is a major dampener for global equities but a positive for the bond market.

In the previous financial year, the capex was Rs 18,619 crore.