Business News

With beginning of new month August 2024, we launch a news sharing collaboration with a leading Spanish journal ATALAYAR, from Madrid, to bring Europe's and particularly Spanish media coverage of Indian, Asian and Global Affairs, for the…

New Delhi: Citing the ongoing growth momentum led by government capex, deleveraged balance sheets of corporate robust quality banks’ assets, and a likely revival in private corporate capex, India Ratings has upped its growth forecast for…

New Delhi: A 50% growth in personal income tax collections has helped the Centre’s gross tax collection surge 23.65% in the first quarter of the current financial year. Personal income tax collections in the April-June period rose almost…

NEW DELHI: The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure rules. In its letter to Suzlon, NSE observed that a disclosure of an analyst's call of the…

NEW DELHI: Commerce Minister Piyush Goyal on Tuesday said there has been no rethink on the government's stand on allowing Chinese investment and the views expressed in the Economic Survey do not represent the government's views. Replying…

India's cost per gigabyte of data consumed is the lowest globally at an average of Rs 13.32 ($0.16) per GB with one of the highest mobile data consumption in the world, averaging a per-user per-month consumption of 24.1 GB in 2023.

Over the past three years, gold prices have surged by over 40 per cent, with a 20 per cent increase since April 2024 alone. Despite this, India remains the world's second-largest consumer of gold, with 562.3 tonnes consumed in 2023, just…

Rio de Janeiro: G20 nations have agreed to work together to make the super-rich pay their taxes, but stopped short of a more substantial deal, according to a declaration adopted Friday after a meeting of finance ministers in Rio de Janeiro,…

MUMBAI: The markets regulator Sebi has barred fugitive businessman and ex-liquor baron Vijay Mallya from the securities markets for three years and also restrained him from associating with any listed firm for a similar period for routing…

NEW DELHI: The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of State for Commerce and Industry, Jitin Prasada, in Rajya Sabha. According to a written response by the minister in the house on…

NEW DELHI: Led by IT and metal stocks, bulls made a roaring comeback on Friday after trailing behind for 5 consecutive sessions. Benchmark indices - Sensex and Nifty- advanced 1.6-1.7% each. The 30-stock pack Sensex rose 1293 pts to close…

Washington: The US economy, despite high interest rates, grew at 2.8 percent in the second quarter -- double the rate of 1.4 percent that it saw in the January-March period. The significant growth is mainly attributed to increased consumer…

MUMBAI: Equity market benchmark indices Sensex and Nifty tumbled in early trade on Thursday, continuing to decline for the fifth day running, dragged by Axis Bank and overall bearish global market trends. The announcement of a hike in…

MUMBAI: A study carried out by the market watchdog Sebi has found that more than seven out of ten (71 percent to be precise) retail traders who engaged in intraday trading in the cash segment lost money in FY23. The study also noted that…

NEW DELHI: The real estate sector was in for a shock as the government on Tuesday removed the indexation benefit on long term capital gains on unlisted assets including real estate. Though the government has reduced the long term capital…

Mumbai: India’s equity market is expected to witness increased volatility on Budget Day (July 23) even as the central government is likely to keep its focus on fiscal prudence and capital expenditure-led growth. India’s equity market…

NEW DELHI: Despite the large build-up of connectivity infrastructure and energy-related assets, both sectors reported the need for corrections in the delay in land acquisition, and land-related clearances, said the Economic Survey of 2024…

NEW DELHI: India’s energy needs are expected to grow by 2 to 2.5 times by 2047 to meet the developmental priorities and aspirations of a growing economy, according to the Economic Survey tabled in Parliament on Monday. As per the survey,…

NEW DELHI: Land acquisition by developers and other entities plunged in the second quarter of this year (April-June) as the 2024 general elections and skyrocketing land prices dampened sentiments. The number of land deals closed in Q2 2024…