Business News

Mumbai: Snapping a four-day winning rally, India’s equity market benchmarks – BSE Sensex and NSE Nifty50 – took a beating on Friday due to a global sell-off, triggered by operating system issues that caused devices to crash worldwide.…

Gurugram: REC Limited, a Maharatna power sector enterprise and leading NBFC, has signed a MoA with the Indian Red Cross Society a financial commitment of Rs. 10 Cr for the procurement and deployment of nine Mobile Medical Units (MMUs) and…

New Delhi: The government has set a target of reaching $500 billion worth of electronics production in the country by 2030. According to a report published by Niti Aayog, a $500 billion electronics manufacturing sector would create 5-6…

Mumbai: The NSE Nifty50, one of the two benchmarks of the Indian equity market, is now just 200 points away from hitting the 25,000 milestone. Closing in green for the fourth consecutive session, the NSE barometer gained 187.85 points or…

NEW DELHI: Chhattisgarh Chief Minister Vishnu Deo Sai today met Union Road Transport and Highways Minister Nitin Gadkari and discussed significant infrastructure projects aimed at enhancing connectivity and promoting economic growth in the…

New Delhi: India is likely to cut the floor price for basmati rice exports and replace the 20% export tax on parboiled rice with a fixed duty on overseas shipments, government sources said, as rice inventories in the country jumped a record…

Chief Minister stresses on expanding Chhattisgarh's rail network to boost social and economic development. Railway Minister assured speedy work on projects.

While Kumaraswamy didn’t give an exact timeline for the launch of the new scheme, he did confirm the scheme is in its final stages.

In 2025-26, the IMF expects growth to slow to 6.5%, the same as what was projected in its April review.

According to a recent report, Apple’s revenue in India surged by approximately 33% in the 12 months ending March, rising from $6 billion the previous year.

जन्मजात हृदय रोग के साथ पैदा हुए 1000 बच्चों के लिए जीवन रक्षक हृदय शल्यचिकित्सा पूरी होने की याद में बनाया गया

Jairam Ramesh pointed out that corporate tax rates were slashed on September 20, 2019, with the hope of triggering a private investment boom. Instead, he noted, private investment has collapsed.

The proposed amendment would require manufacturers, packers, and importers to provide comprehensive labelling on all pre-packaged goods intended for retail sale, regardless of quantity.

India remains a critical market for deploying private equity capital, accounting for at least 22 per cent of the total inflows into Asia Pacific in the first half of 2024.

According to a Department of Telecommunications (DoT) official, on July 15, the minister will engage with the Satellite Communication Ecosystem and Telecom Electronic Ecosystem groups.

India is to overtake the US in terms of purchasing power parity by 2048 to become the second-largest economy of the world.

Thanks to the rather generous dividend from the RBI and higher-than-budgeted tax collections, Sitharaman might as well indulge in some much-needed fiscal therapy.

CIL has asked its subsidiary companies to spike up their offer quantity under e-auction to 40% of their respective total production.

If the government procures all the MSP crops, the fiscal burden will be a whopping Rs 13.5 trillion of FY24 GDP, argues Soumyakanti Ghosh, the chief economic advisor at SBI

Industry experts said the share of the sector in GDP has to go up if India has to achieve its target of becoming a $10 trillion economy in the coming years.