Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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India sees 5.35% growth in exports at $328.86 billion in April-August
New Delhi: India’s total exports during the April-August period are estimated at $328.86 billion, registering a positive growth of 5.35 per cent, data by the Ministry of Commerce and Industry showed on…
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Markets decline in early trade on profit-taking after record rally
Mumbai: Benchmark equity indices declined in early trade on Tuesday after surging to record high levels in the previous trading session, amid profit-taking and sluggish trends from the global markets. The 30-share…
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India’s audio devices market boom, small towns lead robust growth
New Delhi: With rising disposable incomes, availability of affordable device options, a growing Gen Z population and the expanding digital content consumption, India’s audio devices market is experiencing remarkable growth, according to…
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India aims to increase operational airports to 400 by 2047: Centre
New Delhi: The number of operational airports in the country has doubled from 74 in 2014 to 157 in 2024 and the aim is to increase this figure to 350-400 by 2047,…
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RBI’s forex reserves set to cross $700 bn sooner than expected in FY25
New Delhi: Despite global economic headwinds and deepening geopolitical uncertainties, the forex reserves are at record all-time high levels and are set to cross $700 billion in FY25 sooner than expected. According…
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Onion prices drop in major cities after retail selling at subsidisedrate: Centre
New Delhi: The government on Saturday announced that its retail sale initiative of onions at a subsidised rate has resulted in a significant drop in the price of the staple food item…
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Indian stock markets hit new high amid rate cut optimism globally
Mumbai: The stock markets hit a new high this week as the rate-cut optimism globally has provided a positive impetus across the global markets, industry watchers said on Saturday. The European Central…
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Green Hydrogen a historic opportunity to redefine energy systems, create jobs in India
New Delhi: India has ushered into a new era of energy transition driven by a shared commitment to advancing the ‘Hydrogen Agenda’, Minister of State for Power and New and Renewable Energy,…
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Govt removes minimum export price on onion
New Delhi: The government on Friday scrapped a minimum price threshold for onion exports with a view to enhancing the income of Indian farmers. The government had previously fixed a USD 550…
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Swiss accounts with Rs 2753 cr of ‘Adani proxy’ frozen; Adani Group denies links
Switzerland authorities have frozen funds worth USD 310 million across various Swiss bank accounts allegedly related to the Adani Group, as part of an ongoing investigation regarding alleged money laundering and security…
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96 pc of Indian midmarket firms prioritising Gen AI, faster than the world
New Delhi: About 96 per cent of Indian organisations (between 250 and 1,500 employees) are prioritising generative artificial intelligence (GenAI), compared to 91 per cent in the rest of the world, a…
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Global VR headset shipments drop 4 pc in Q2, Meta leads
New Delhi: Global virtual reality (VR) headset shipments fell 4 per cent in the April-June quarter (Q2), primarily due to a sharp drop in Sony’s PlayStation VR2 shipments, a report said on…
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Non-metro cities leading in orders on e-commerce platforms in India: Report
New Delhi: Non-metro cities are leading the pack in India when it comes to growth in orders on e-commerce platforms, with at least 60 per cent of online orders coming from tier…
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Sensex trades lower, ITC and HUL top losers
Mumbai: Indian frontline indices opened lower on Friday due to heavyweights like ITC, HUL, Asian Paints and M&M falling the most. At 9.58 a.m., Sensex was down 200 points or 0.25 percent…
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India jumps to Tier 1 in Global Cybersecurity Index 2024
New Delhi: India has jumped to Tier 1 in the Global Cybersecurity Index (GCI) 2024, released by the International Telecommunication Union (ITU), when it comes to role-modelling as part of the country’s…
