87 years of service to the nation
Begin typing your search above and press return to search.
Indian economy and equity markets outperformed China over past 3 years
Business

Indian economy and equity markets outperformed China over past 3 years

New Delhi, May 6: China’s equity markets have lagged Indian equity by a long stretch, as per a report by DSP Mutual Fund. China’s current equity market capitalisation is double that of India, at a time when it’s GDP is 5 times that of Indian GDP. Between 2004 and 2021, China’s economy outgrew...
Extreme mercantilism will destroy Chinese civilisation: Zoho
Business

Extreme mercantilism will destroy Chinese civilisation: Zoho's Sridhar Vembu

New Delhi, May 6: China has pushed mercantilism to the extreme when it comes to producing steel, and the day is not far when this approach will destroy Chinese civilisation, IT software company Zoho’s CEO Sridhar Vembu said on Monday. Mercantilism is a nationalist economic policy designed to...
REC gets RBI
Business

REC gets RBI's nod to set up subsidiary in Gujarat's GIFT City

New Delhi, May 5: Leading government owned financial company REC on Sunday said it has received a nod from the Reserve Bank of India (RBI) to set up a wholly-owned subsidiary in GIFT City in Gujarat. The subsidiary will engage in several financial activities as a finance company within GIFT,...
Why billionaire investor Warren Buffett needs to relook at India under PM Modi
Business

Why billionaire investor Warren Buffett needs to relook at India under PM Modi

New Delhi, May 6: Unaware of the possibilities India now provides for global investors and big conglomerates, Warren Buffett, Chairman and CEO of global investment major Berkshire Hathaway, needs to have a fresh look at a country which is set to become the third largest economy in the world with a...
India
Business

India's coal output rises 7.4 percent to 73.26 million tonnes in April

New Delhi, May 2: India's coal production increased by 7.4 percent in April to 78.69 million tonnes compared to the corresponding figure of 73.26 million tonnes for the same month last year, the Ministry of Coal said on Thursday. During April 2024, Coal India Limited (CIL) achieved a coal...
Over 97 percent of Rs 2,000 bank notes returned: RBI
Business

Over 97 percent of Rs 2,000 bank notes returned: RBI

Mumbai, May 2: The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 percent of the Rs 2,000 bank notes in circulation as on May 19, 2023, when their withdrawal was announced, have now been returned. The total value of Rs 2,000 bank notes in circulation, which was Rs...
Gold production from Indian mines surges by 86 pc in Feb, copper output up 29 pc
Business

Gold production from Indian mines surges by 86 pc in Feb, copper output up 29 pc

New Delhi, May 2: The production of gold from Indian mines surged by 86 percent in February this year to 255 kg while that of copper increased by 28.7 percent to 11,000 tonnes, according to data released by the Ministry of Mines on Thursday. Among the other important minerals, bauxite (aluminium)...
Adani Green secures $400 million from international banks for 750 MW solar projects
Business

Adani Green secures $400 million from international banks for 750 MW solar...

Ahmedabad, May 2: Adani Green Energy Ltd (AGEL) on Thursday secured $400 million from a consortium of five leading international banks for its under construction 750 MW solar projects in Rajasthan and Gujarat. The financing will aid 750 MW of solar generation capacity in Rajasthan and Gujarat...
Apple logs strong double digit growth in India, to produce more in country: Tim Cook
Business

Apple logs strong double digit growth in India, to produce more in country: Tim...

New Delhi, May 3: Apple registered strong double digit growth in India in the March quarter this year and the company will continue to expand its operations, the company’s CEO Tim Cook said on Friday, adding that in order to be competitive, they need to manufacture more in India. In an analysts...
India
Business

India's gold demand rises 8 pc in Jan-March despite soaring prices

Mumbai, April 30: India's gold demand rose to 136.6 tons in the January-March quarter which represents an 8 percent increase over the same quarter of the previous year, according to figures released by the World Gold Council (WGC) on Tuesday. Gold purchases have increased despite rising prices,...
CMS report highlights five sectors with high growth in consumption
Business

CMS report highlights five sectors with high growth in consumption

Mumbai, April 29: The CMS Consumption Report 2024 has observed that media and entertainment, fast moving consumer goods (FMCG), railways, aviation, and durables are the five retail sectors with high consumption growth. Consumption is reaching the grass roots even as metros continue to hold sway...
Indian EV firm BluSmart crosses Rs 500 crore in annual run rate in FY24
Business

Indian EV firm BluSmart crosses Rs 500 crore in annual run rate in FY24

New Delhi, April 30: Homegrown electric vehicle (EV) company BluSmart on Tuesday said it has crossed Rs 500 crore in annual run rate (ARR) in FY24, achieving 102 percent growth over the previous fiscal year. The company’s gross business value (GBV) delivered a compound annual growth rate (CAGR)...
X