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World’s biggest contract electronics manufacturer Foxconn plans to invest billions in India
It currently operates about nine production campuses and has more than 30 factories in India, with "turnover of business size of roughly $10 billion annually".
TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees…
July exports fall 16% to $32.3 bn on weak global demand
Merchandise imports in July also witnessed a 17% decline to $52.92 billion, compared to $63.77 billion in July 2022.
NEW DELHI: India experienced a 16% decline in merchandise exports to $32.25 billion in July, reaching a nine-month low…
Markets fall in early trade on weak global trends, foreign fund outflows
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the negative territory.
MUMBAI: Benchmark equity indices declined in early trade on Monday, falling for the third day running, amid weak global market trends and fresh…
Is it the right time to invest in markets?
In the long run for a person to make money, there is no great need to be able to predict how the market will move in the next month or next quarter.
The Index has reached 67,000 (Sensex). Is it the right time to sell some shares and sit…
Why financial freedom is about your risk appetite
To achieve financial freedom, you need to invest wisely and regularly. These challenges make you take risks in an area that may not be your core competency.
Financial freedom is an undefined goal. It is an idea that makes you smile when…
Do not disproportionately raise exposure to small, mid-cap stocks
Mid-cap equity mutual fund schemes garnered R1,749 crore in June and R1,623 crore in July.
MUMBAI: With the stock market rallying to new highs in recent months, mutual funds have seen record inflows of investors’ money. Within the mutual…
India Inc takes giant leaps in empowering women
Companies from Ola, Ashok Leyland, Berger Paints to Bosch and JSW Paints, among other prominent companies, have employed all-women production lines or factories.
BENGALURU: Organisations across sectors are now making extra efforts to…
PLI scheme boosts desi manufacturing but not enough to meet surging demand
The manufacture of electronic goods – including mobile phones and appliances – more than quadrupled to Rs 8.2 lakh crores from Rs 1.9 lakh crore in nine years.
While India’s efforts to boost mobile phone and electronics manufacturing in…
PFC registers 43% rise in net Profit, rewards investors with1:4 Bonus
New Delhi: Maharatna power sector enterprise PFC has registered robust results for the Q1'24 with 43 % surge in standalone Profit After Tax and has rewarded investors a with of 1:4 shares. This reinforces Company’s commitment to deliver…
REC doubles its Market Cap in one year; figures in Morgan Stanley Global Index
Gurugram, REC Limited, the Maharatna CPSE under the Ministry of Power, has secured coveted place in the esteemed Morgan Stanley Capital International (MSCI) Global Standard Index, effective from 1st September 2023.
A recent report by…
International Energy Agency raises world oil demand forecast in 2023 towards all-time high
"World oil demand is scaling record highs, boosted by strong summer air travel, increased oil use in power generation and surging Chinese petrochemical activity," the IEA said.
PARIS: The International Energy Agency said Friday it had…
RBI Governor pitches for expeditious completion of quota review at IMF
Shaktikanta Das speaks at a seminar on the global economy organised by the Ministry of Finance in Mumbai.
Stock markets decline for 2nd day on losses in private banks, weak global trends
The trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking system.
MUMBAI: Benchmark equity indices Sensex and Nifty declined for a second straight day on…
Rupee falls 19 paise to 82.85 against US dollar amid losses in local equities
Foreign fund inflows and softening crude prices, however, supported the Indian currency even as investors were awaiting India's industrial output number, to be released later in the day, said analysts
MUMBAI: The rupee depreciated by 19…
FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration
Prosecutors have asked a judge to revoke Bankman-Fried's bail, claiming he tried to harass a key witness in his fraud case.
NEW YORK: FTX founder Sam Bankman-Fried is returning to New York City for a court hearing Friday that could decide…
‘Bijli Utsav’ organized by REC in Nashik to rejig ‘Azadi Ka Amrit Mahotsav’
Gurugram: As a part of 'Azadi Ka Amrit Mahotsav' – to celebrate 75 years of Independence, REC Limited, a Maharatna Company under the Ministry of Power, Govt. of India organized 'Bijli Utsav' in Odha village, Nashik district in Maharashtra.…
REC organizes ‘Bijli Utsav’ in Jaipur to rejig Azadi Ka Amrit Mahotsav josh
Jaipur: As a part of 'Azadi Ka Amrit Mahotsav' – celebrating 75 years of Independence, REC Limited organized 'Bijli Utsav' in Goner village, Jaipur, Rajasthan in last week.
The program was attended by Smt. Meena Patwa, Sarpanch; K C…
ET Prime’s “Finance Leader of the Year’ award goes to Smt. Parminder Chopra Dir.…
Smt. Parminder Chopra, Director (Finance) and CMD (Addl. Charge), has been conferred with the “Finance Leader of the Year" Award.
Airtel launches 5G Wi-Fi in Delhi and Mumbai, promising to cover dark areas
Due to the fact that there are only 34 million houses in India that have access to fiber-to-home connections, a significant proportion of customers have difficulty gaining access to fibre services.
As 2000-rupee note retires, currency in circulation drops Rs 1.54 lakh cr.
The amount of currency in circulation decreased from Rs 34.78 lakh crore as of May 19, when it was stated that the country's largest denomination will be taken out of circulation, to Rs 33.24 lakh crore as of July 28.
