Domestic passenger vehicle sales up 1.3 per cent in April: SIAM
Passenger vehicle wholesales in India rose to record levels in April driven by strong demand for utility vehicles, automobile industry body SIAM said on Tuesday. The overall passenger vehicle dispatches from companies to dealers rose 1.3 per cent year-on-year to record levels of 3,35,629 units in April, as compared to 3,31,278...
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India’s April palm oil imports jump 34 per cent on lower global prices
15 May 2024 | PTI -
Public sector banks total profit crosses Rs 1.4 lakh crore in FY24
15 May 2024 | PTI -
VIT founder, Chancellor Viswanathan gets honorary doctorate from State University of New York
15 May 2024 | PNS -
Significant percentage of Indian firms hit by ransomware attacks in 2023: Sophos
15 May 2024 | PTI -
Stock markets rise for third day on buying in auto, metal shares
15 May 2024 | PTI -
Wholesale inflation rises to 13-month high of 1.26 pc in April, food costlier
14 May 2024 | PTI -
Markets climb in early trade as retail inflation eases in April
14 May 2024 | PTI
India's imports from FTA partners up 38 pc during 2019-24 fiscal years: GTRI
India's imports of goods from countries with which it has a free trade agreement like the UAE, South Korea, and Australia grew about 38 per cent during 2019-24 fiscal years to USD 187.92 billion, according to think tank GTRI. On the other hand, the country's exports to the FTA (free trade...
Indegene shares debut with nearly 46 pc premium
Shares of healthcare tech firm Indegene Ltd on Monday listed with a premium of nearly 46 per cent against the issue price of Rs 452. The stock listed at Rs 659.70, up 45.95 per cent from the issue price on the BSE. At the NSE, it started the trade at Rs 655,...
Gold ETFs see first outflow after March 2023 at `396 crore on profit booking
Gold Exchange Traded Fund (ETF) witness a net outflow of Rs 396 crore last month, making it the first withdrawal after March 2023, owing to profit booking. Despite the decline, the asset under management (AUM) of gold funds rose 5 per cent to Rs 32,789 crore at April-end from Rs 31,224...
Evaluation of infrastructure requirements for achieving USD one trillion exports by September, says official
A study to assess required infrastructure and identify main industry clusters for achieving the USD 1 trillion merchandise exports target by 2030 may be submitted by August-September to the commerce ministry, an official said. The official said that the Asian Development Bank (ADB) is doing that study for the ministry. In 2023-24,...
Anarock FY24 revenue rises 36 per cent to Rs 566 crore on higher earnings
Real estate consultant Anarock Group has posted a 36 per cent increase in its revenue to Rs 566 crore in the last fiscal, helped by better earnings from housing brokerage and other services. During 2022-23, the company posted a revenue of Rs 416 crore. Homegrown Anarock was established by Anuj Puri in...
India’s coal import rises eight per cent to 268 MT in FY24
India’s coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. The country’s coal import was 249.06 MT in FY23, according to data compiled by B2B e-commerce company mjunction services. Coal import...
Maruti Suzuki expects over 30 per cent jump in CNG vehicle sales at six lakh units in FY25
Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country’s largest carmaker also aims to export around 3 lakh units in the ongoing financial year. “So CNG, this year, we did about 4,50,000...
