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Foreign entities lead real estate institutional investments in India with 54 pc share
Business

Foreign entities lead real estate institutional investments in India with 54 pc...

New Delhi, Jan 15: Foreign investors dominated institutional investments in the real estate sector in India with 54 per cent share in 2024, accounting for $3.7 billion, according to a report on Wednesday. Despite a reduction in share, investments increased by 36 per cent in value terms, according to...
Thematic funds in India see 488 pc growth in net collections as manufacturing, energy lead
Business

Thematic funds in India see 488 pc growth in net collections as manufacturing,...

Mumbai, Jan 15: Thematic funds witnessed a remarkable 488 per cent growth in net collections last year, as sectoral and thematic funds reached Rs. 1,09,711 crore in collection (34 per cent of total net collections), a report showed on Wednesday. Of the total net collection in sectoral and thematic...
US SEC files lawsuit against Musk ahead of Trump inauguration
Business

US SEC files lawsuit against Musk ahead of Trump inauguration

Washington, Jan 15: Just days ahead of Donald Trump’s inauguration as the 47th US President, the Securities and Exchange Commission (SEC) has filed a lawsuit against his best ally Elon Musk over an alleged securities violation relating to his acquisition of Twitter (now called X) in 2022. The SEC...
TV Today closing radio business operations over losses
Business

TV Today closing radio business operations over losses

New Delhi, Jan 9: Media company TV Today Network Ltd. announced on Thursday that its Board of Directors have approved a proposal to shut down the loss making FM Radio Broadcasting operations of the company, comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM....
Indian economy expected to clock 6.8 pc growth in 2025-26: Report
Business

Indian economy expected to clock 6.8 pc growth in 2025-26: Report

New Delhi, Jan 9: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high frequency indicators, according to a Bank of Baroda forecast.The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It...
UAE Ambassador inaugurates padel courts at OP Jindal Global University
Business

UAE Ambassador inaugurates padel courts at OP Jindal Global University

Sonipat (Haryana), Jan 8: In an effort to promote health, well-being, and cross cultural collaboration, Abdulnasser Alshaali, UAE Ambassador to India and Prof. (Dr) C. Raj Kumar, Vice Chancellor of O.P. Jindal Global University, inaugurated four state-of-the-art padel courts at O.P. Jindal Global...
Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists
Business

Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists

New Delhi, Jan 8: Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said. The first advance estimate (AE) of GDP for FY25 by the National Statistical Office (NSO) indicates GDP...
DoJ
Business

DoJ's selective probe of Adani officials can derail India ties: US Congressman...

New York, Jan 8: Lance Gooden, a Republican lawmaker from the US state of Texas, has slammed the Joe Biden Administration's probe of senior Adani Group officials, saying this could derail US-India ties and economic growth. In a letter to US Attorney General Merrick B. Garland, the Congressman said...
Centre launches PLI scheme 1.1 to boost production of high-value specialty steel
Business

Centre launches PLI scheme 1.1 to boost production of high-value specialty steel

New Delhi, Jan 7: Union Minister of Steel and Heavy Industries H. D. Kumaraswamy launched the second round of the PLI scheme on Monday to boost the production of high-value specialty steel in the country, which is used for making products such as refrigerators, power equipment, and automobiles....
Akasa Air appoints Belson Coutinho as COO amid rising competition
Business

Akasa Air appoints Belson Coutinho as COO amid rising competition

Mumbai, Jan 7: Low-cost carrier Akasa Air on Tuesday said it has appointed Belson Coutinho as its Chief Operating Officer (COO). Coutinho will lead Akasa Air’s crucial operational functions, responsible for inflight services, airport services, maintenance and engineering, flight operations and...
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset
Business

RBI purchased another 8 tonnes of gold in Nov as safe-haven asset

Mumbai, Jan 7: The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report....
Goldman Sachs sees India among top emerging markets in 2025
Business

Goldman Sachs sees India among top emerging markets in 2025

New Delhi, Jan 6: Goldman Sachs has projected India to be among the best performing emerging markets in 2025, given the country’s robust macro-economic stability backed by improving terms of trade, effective inflation targeting, and reliable domestic risk capital. The global investment bank has...
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