Economy News

Tim Cook, Sundar Pichai extend Diwali greetings

Global tech leaders Tim Cook and Sundar Pichai on Friday extended their wishes for Diwali, the festival of lights.

Nov 1, 2024

India clocks robust growth in key mineral production in FY25 first half

India Records Strong Growth in Key Mineral Production in FY25 first half

The government on Friday said that the production of key minerals in the country has continued to witness strong growth during the first half of the current fiscal (FY25), with iron ore leading the pack.

Nov 1, 2024

E-commerce platform Meesho clocks Rs 53 crore loss in FY24

E-commerce platform Meesho on Wednesday reported a Rs 53 crore loss for FY 2023-24, while narrowing down the figure by 97 per cent from Rs 1,569 crore in FY 2022-23.

Oct 30, 2024

Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

Adani Ports clocks 42 pc surge in net profit at Rs 5,520 crore in H1 FY25

Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday reported 42 per cent surge in net profit at Rs 5,520 crore in the first half this fiscal (H1 FY25), compared to Rs 3,881 crore in the same period last fiscal (H1 FY24).

Oct 29, 2024

Adani Power's bid for KSK Mahanadi Power forces other bidders to raise offers

Adani Power logs 20 percent growth in continuing revenue at Rs 28,517 cr in H1 FY25

Adani Power on Monday reported 20 per cent growth (year-on-year) in continuing revenue at Rs 28,517 crore in the first half of this fiscal (HI FY25) and 10.8 per cent growth to Rs 13,465 crore in Q2 FY25.

Oct 28, 2024

Industry lauds Centre guidelines to curb misleading environmental claims by companies

Industry lauds Centre norms to curb misleading environmental claims by companies

Industry experts on Monday lauded the Department of Consumer Affairs for releasing new guidelines to curb "greenwashing" or misleading environmental claims by companies.

Oct 28, 2024

Price hike on festive items hits Deepavali sales in Chennai

Despite a surge in footfall at shopping malls and discount shops for the festive season, shopkeepers report a decline in sales volume across various stores in Chennai.

Oct 28, 2024

Indexation removal on real estate won't hike tax burden, has limited impact

Real estate developers raise Rs 12,801 crore via QIP route this year

Real estate developers in India raised Rs 12,801 crore via qualified institutional placements (QIPs) in the first nine months this year, which is over 17 per cent of the total QIP issuance across sectors at Rs 75,923 crore

Oct 28, 2024

PM Modi to inaugurate India's first private military aircraft plant in Gujarat tomorrow

Prime Minister Narendra Modi, along with his Spanish counterpart Pedro Sanchez, will inaugurate the Tata Advanced Systems Ltd's (TASL) Tata Aircraft Complex, which will produce the C-295 military tactical transport aircraft, in Gujarat's Vadodara.

Oct 27, 2024

EIB Global announces 300 million euro loan for Bengaluru suburban railway network

EIB Global to provide loan worth 300 million euros for Bengaluru suburban railway network

EIB Global, the arm of the European Investment Bank (EIB) for financing activities outside the European Union (EU), on Friday, announced it would provide a 300 million euro loan to build a new suburban railway network covering four dedicated rail corridors in Bengaluru.

Oct 26, 2024

Adani Power submits bid for KSK Mahanadi Power, forces competitors to revise bids

After Adani Power, which submitted a bid of Rs 12,500 crore for the acquisition of the KSK Mahanadi Power plant in Chhattisgarh, other bidders have revised their offers upwards and the final number could be much higher, according to reports.

Oct 26, 2024

India sees 74 pc drop in income disparity since AY15, direct tax collection highest in 14 years

India sees 74% drop in income disparity since AY15, direct tax collection highest in 14 years

There has been a cumulative 74.2 per cent decline in income disparity coverage for those earning up to Rs 5 lakh in India, showing that the continuous efforts of government are reaching the bottom of pyramid, leading to increase in income of 'lower income group' people, a new report has revealed.

Oct 26, 2024

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Economy News

Tim Cook, Sundar Pichai extend Diwali greetings

India Records Strong Growth in Key Mineral Production in FY25 first half

E-commerce platform Meesho clocks Rs 53 crore loss in FY24

Adani Ports clocks 42 pc surge in net profit at Rs 5,520 crore in H1 FY25

Adani Power logs 20 percent growth in continuing revenue at Rs 28,517 cr in H1 FY25

Industry lauds Centre norms to curb misleading environmental claims by companies

Price hike on festive items hits Deepavali sales in Chennai

Real estate developers raise Rs 12,801 crore via QIP route this year

PM Modi to inaugurate India's first private military aircraft plant in Gujarat tomorrow

EIB Global to provide loan worth 300 million euros for Bengaluru suburban railway network

Adani Power submits bid for KSK Mahanadi Power, forces competitors to revise bids

India sees 74% drop in income disparity since AY15, direct tax collection highest in 14 years

Why FDI inflow remains sluggish despite dynamic economy? Ponders Nirmala Sitharaman

Sensex recovers day's losses partially, sheds 662 points amid persistent FII outflow

Loan limit under PM Mudra Yojana raised to Rs 20 lakh from Rs 10 lakh

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react