New Delhi/UNI: Considering various factors both in the domestic and global markets, the Reserve Bank of India Friday projected the Indian economy to grow at 7 percent during the current financial year.
Tech major Apple has decided to lay off 614 workers in California, marking the first significant round of job cuts since pandemic, media reports said.
New Delhi: The Central Board of Direct Taxes (CBDT) on Thursday said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024–25 (relevant to Financial Year 2023–24) from April 1, 2024, and onwards.
Kolkata: Swiggy on Thursday announced the appointment of Suparna Mitra as an Independent Director to its Board.
Mumbai/UNI: The BSE Sensex on Thursday smartly recovered by 537 points to open at 74413.82 on the strength of industrials, IT, telecommunications, and utilities stocks.
Mumbai: The Reserve Bank of India's Monetary Policy Committee has started its three-day meeting on Wednesday to deliberate on interest rates and analyze the state of the economy.
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Bernard Arnault, the chairman and CEO of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SA, has topped Forbes' World's Billionaires list for the second year, media reports said.
New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, as reported by the Financial Times on Wednesday.
Bengaluru: Virgin Atlantic on Wednesday signalled its strong commitment to India by launching a new daily service to Bengaluru and announcing a second daily flight to Mumbai, starting this October.
New Delhi: India intends to set up its first privately operated strategic petroleum reserve (SPR) by 2029-30, allowing the operator the autonomy to trade the entire oil stock, media reports said.
Srinagar: Radisson Hotel Group on Wednesday announced the debut of its luxury lifestyle brand Radisson Collection in India with the opening of Radisson Collection Hotel & Spa, Riverfront Srinagar.
New Delhi: SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna) to use advanced geological models in SJVN's tunnelling projects to significantly reducing time and cost overruns.
Mumbai: India’s one of the leading container ports, Jawaharlal Nehru Port Authority (JNPA) in Mumbai, achieved its highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24.
New Delhi: The Department of Telecom (DoT) has postponed the spectrum auction by two weeks in view of the Lok Sabha election schedule.
BSE Sensex on Wednesday marginally fell 27.09 points to settle at 73,876.82 as selling was seen in Realty, Auto, and BSE Services stocks.
Indian aviation major Air India on Wednesday launched its transformed Flying Returns loyalty programme, introducing a simplified new structure, more customer-friendly features, renamed tiers, and an updated identity.
Mumbai/UNI: The BSE Sensex on Wednesday lost another 599 points at 73604 in the opening session as selling was seen in real estate, technology, and consumer durable stocks.
New Delhi: In a slew of decisions, the Competition Commission of India (CCI) on Tuesday approved seven proposals that include acquisition of shares partly or 100 percent in transactions involving MG Motors, Max Life Insurance, Sharekhan Limited and others.
Mumbai: Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.
Bengaluru: Cash-strapped ed-tech company Byju's has reportedly implemented layoffs, affecting approximately 500 employees, mainly in sales and marketing roles.
New Delhi: Finance Minister Nirmala Sitharaman lauded the robust digital public infrastructure and widespread access that has propelled India to the forefront of digital transactions, media reports said.
Snapping a winning streak of last three sessions, the BSE Sensex on Tuesday slipped 110.64 points to settle at 73903.91 on profit booking by local operators even as the market experts remain bullish in view of recent GST collections and other economic indicators.
Snapping a winning streak of last three sessions, the BSE Sensex on Tuesday slipped 110.64 pts to settle at 73903.91 on profit booking by local operators.
The BSE Sensex on Tuesday declined 101.77 points at 93912 in the opening session on profit booking at a higher level by local operators.
Indicating a rise in business activity, the Gross Goods and Services Tax (GST) revenue for the month of March 2024 witnessed the second highest collection ever at Rs 1.78 lakh crore with a 11.5 per cent year-on-year growth.
Extending rally for the third session the BSE Sensex on Monday spurted 363.20 pts to close at 74014.55 on renewed buying in Realty, Metal and Commodities stocks amid strong global cues.
On the first day of the new financial year, the stock market zoomed over 500 points on Monday, with the BSE Sensex opening at 74177.87, up by 526 points, in the opening session on strong global cues.
India's foreign exchange reserve jumped for the fifth straight week to touch the all-time high figure of $642.631 billion in the week ending on March 22, media reports said.
Key markers point to the Indian economy remaining buoyant at the end of FY 2023-24 with Purchasing Manager’s Index (PMI) for manufacturing increasing and that of services maintaining a robust trend, according the Monthly Economic Review for March, released by the National Council of Applied Economic Research (NCAER) on Sunday.
