Mumbai, August 20 (IANS): The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compa
New Delhi, August 20 (IANS): Homegrown Optiemus Electronics on Tuesday announced its foray into telecom equipment manufacturing with Tata Group’s Tejas Networks as a manufacturing partner, at a time when the
New Delhi, August 20 (IANS): As the government prioritises the infrastructure investments, component localisation in the mining and construction equipment (MCE) industry could offer Rs 25,000 crore annual oppor
Chennai, August 20 (IANS): Banking transactions across the country may be affected on August 28 as the All India Bank Employees Association has called a nationwide strike, a top union official said on Monday."T
New Delhi, August 19 (IANS) Finance Minister Nirmala Sitharaman, at a review meeting held on Monday, asked the chiefs of public sector banks to accelerate the growth rate of their deposits to match the quicker
New Delhi, August 19 (IANS): Finance Minister Nirmala Sitharaman, at a review meeting held on Monday, asked the chiefs of public sector banks to accelerate the growth rate of their deposits to match the quicker
Mumbai, August 19 (IANS) In India, aggregate demand conditions are gathering momentum with a revival in rural consumption on the back of growing incomes and this stimulus to demand is expected to reinvigorate t
New Delhi, August 19 (IANS): The overall headline numbers of India’s economy are strong, reflecting a large amount of public investment which has been a critical factor driving growth, according to IMF Deputy
New Delhi, August 19 (IANS): In a big boost to the ‘Make in India’ initiative, especially the production-linked incentive (PLI) scheme, Taiwanese contract manufacturing giant Foxconn’s business in India h
Ahmedabad, August 19 (IANS): Led by emerging businesses, including solar and wind manufacturing as well as airports and roads, the Adani Portfolio’s net profit soared 50.1 per cent to Rs 10,279 crore (year-on
New Delhi, August 19 (IANS): India saw an uptick in outbound shipments from several sectors in July, led by electronic goods, meat, dairy and poultry products and oil meals, a report said on Monday.Electronic g
New Delhi, August 18 (IANS): The Food Safety and Standards Authority of India (FSSAI) on Sunday launched an innovative project to tackle the growing concern of microplastic contamination in food.Microplastics a
San Francisco, August 18 (IANS): Elon Musk-run X on Saturday announced to close its operation in Brazil, effective immediately, to protect the safety of its staff. However, the X service will remain available i
New Delhi, August 18 (IANS): The shifting 'generational mindset' in India is fuelling the growth in luxury goods consumption and super-expensive cars are no exception. According to industry data, the sale of lu
New Delhi, August 17 (IANS) Finance Minister Nirmala Sitharaman on Saturday said that there is an urgent need to close the $4 trillion financing gap faced by developing countries to achieve their Sustainable De
New Delhi, August 17 (IANS) After Prime Minister Narendra Modi, during his Independence Day address to the nation, said the country is on its way to become the third-largest economy with big reforms across sect
New Delhi, August 6 (IANS): The Finance Ministry on Friday issued a notification amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, to simplify FDI rules for enabling easier cross-bord
Mumbai, August 16 (IANS) India's equity indices closed higher on Friday as global markets rallied after the latest economic data from the US faded out chances of recession in the world's largest economy.At Clos
New Delhi, August 16 (IANS): Low-cost carrier SpiceJet on Friday sought an urgent hearing on its application filed before the Delhi High Court challenging a directive requiring the debt-ridden airline to ground
New Delhi, August 16 (IANS): India’s drugs and pharmaceuticals exports are continuing to maintain their steady growth with an 8.36 per cent increase to $2.31 billion during July this year as the country’s c