Business News

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.

Sources said that the economists urged the government to take steps to accelerate economic growth and improve infrastructure.

New Delhi: The Govt. of India has  appointed  Sandeep Kumar as Director (Finance) at Power Finance Corporation Limited (PFC), effective today, July 11. Mr. Kumar had been  Executive Director (Finance) at PFC since  January 01, 2020 and was…

Gurugram:  REC Limited, a leader in the Indian power sector and  MAHARATNA has successfully availed a green loan of JPY 31.96 Billion (USD 200 million) to finance eligible green projects in India. This strategic investment reinforces REC's…

The government launched the PLI scheme to enhance domestic manufacturing capabilities and make India a global hub for telecom equipment production.

Another Rs 65,500 crore will be allocated by 2035, primarily for green hydrogen and green ammonia facilities.

Tomatoes have taken the biggest hit: local vendors are selling them for nearly Rs 100 per kg.

The 30-share BSE Sensex climbed 205.99 points to 80,166.37 in early trade, whereas the NSE Nifty went up by 53 points to 24,373.55.

Modi's Guarantee has taken Khadi sales to new heights: Chairman Manoj Kumar

Zinka’s consolidated revenue rose 69 percent to Rs 296.92 crore in fiscal 2024 from Rs 175.68 crore in fiscal 2023.

Food inflation likely intensified in June from the 8.7 per cent rate observed in April and May.

The Indian industry is demanding greater access for its skilled professionals from sectors like IT and healthcare in the UK market, besides market access for several goods at nil customs duty.

As farmers count their losses — a total yet unknown — the deluge has exposed what opposition politicians call Kenya’s ill preparedness for climate change and related disasters.

Sebi charged Hindenburg of making unfair profits from collusion to use non-public and misleading information and induce panic selling in Adani Group stocks.

The ICRA Ratings project securitisation volume to pick up in the subsequent quarters and cross the Rs 2 trillion mark by March.

All three major private telecom service providers, Jio, Airtel, and Vodafone have announced tariff hikes ranging from 10% to 25% last week.