Business
- Business
Retail sales surge in India amid high disposable incomes, rising consumption
New Delhi: As household consumption expenditure on goods and services surged with rising disposable incomes, the country saw a significant 5 per cent growth in retail sales in the month of June.…
- Business
Paytm share price sees positive momentum, as firm announces Q1 FY25 results
New Delhi: In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen…
- Business
Meta rolls out ‘verified subscription’ plans for businesses in India
Mumbai: Meta on Wednesday introduced verified subscription plans for businesses on Facebook and Instagram in India. The Meta Verified for businesses will offer them with a verified badge, enhanced account support, impersonation…
- Business
Indian exports remain resilient in Q1 FY25, core goods show positive growth
New Delhi: Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments…
- India
27 establishments add 30K employees, over Rs 16 cr to EPFO fund in 2 years
New Delhi: The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the…
- Business
Indian fast fashion industry poised to reach over $50 billion by FY31: Report
Bengaluru: Driven by millennials and Gen Z population, the Indian fast fashion industry is projected to reach a massive $50 billion market by FY31, a report showed on Tuesday. In FY24, the…
- Business
Centre okays Rs 700 crore to set up institutes of pharma, medical technology
New Delhi: The Central government has earmarked Rs 700 crore to set up centres of excellence at the National Institutes of Pharmaceutical, Education & Research (NIPER) over the next five years to…
- India
Gold rises Rs 70; silver plunges Rs 400
New Delhi: Gold prices rose Rs 70 to Rs 72,550 per 10 grams in the local market on Tuesday in line with firm global trends, according to HDFC Securities. The precious metal…
- Business
Centre begins auction for telecom spectrum worth Rs 96,238 crore
New Delhi: The Centre on Tuesday announced it has begun the auction of spectrum worth Rs 96,238.45 crore for telecom services. The total quantum of spectrum being auctioned is 10,522.35 MHz in…
- Business
JSW Steel USA to invest $110 million to expand renewable energy biz
Mumbai: JSW Steel USA, a subsidiary of India’s leading steel company, on Tuesday said it plans to invest $110 million in steel projects in the state of Texas. The company said this…
- World
Bangladesh PM Hasina invites Indian businesses to invest in nation
New Delhi: Bangladesh Prime Minister Sheikh Hasina has invited Indian businesses to invest in the country’s special economic zones, highlighting the huge potential for bilateral economic cooperation. Addressing Confederation of Indian Industry…
- Business
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April
New Delhi: Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone. Last year, overseas Indians deposited…
- Business
Indian CEOs prioritise tech investments, including towards AI: report
New Delhi: Indian CEOs are prioritising technology investment, including artificial intelligence (AI) but stay guarded amid data security challenges, according to a report. Around 70 per cent of CEOs are channeling investments…
- Business
152 Indian startups on track to turn unicorns over next 5 years: Report
New Delhi: At least 152 Indian startups are on track to turn unicorns from 31 cities over the next 3 to 5 years to its current tally of 67 unicorns, a new…
- Business
Fitch raises India’s GDP growth forecast for FY25 to 7.2 pc
New Delhi: Global rating agency Fitch on Tuesday raised India’s GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent. The rating agency said in its report that recovery…
