ADB retains India’s growth forecast at 7% for FY’25
The Asian Development Bank (ADB) on Wednesday maintained India’s GDP growth forecast at 7 per cent for the current financial year, citing that a rebound in agriculture is expected given above-normal monsoon projections. The ADB forecast comes a day after the International Monetary Fund revised upward its GDP growth projections for...
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Auto industry needs 2 lakh skilled people by 2030 to meet 30% EV adoption target: SIAM
17 July 2024 | PTI -
Graphisads launches G Force
17 July 2024 | PNS -
NAREDCO pitches for raising tax exemption limit on home loan interest to `5 lakh
17 July 2024 | PTI -
Telecom Ministry to work on actionable plan on issues identified by panels: Scindia
17 July 2024 | PTI -
Rupee rises 3 paise to close at 83.58 against US dollar
17 July 2024 | PTI -
Incuspaze takes on lease 1.15 lakh sq ft office space in B'luru to start coworking centre
17 July 2024 | PTI -
Govt likely to scale down fiscal deficit target to 5% or less in Budget: ICRA
17 July 2024 | PTI
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back of fresh buying by jewellers as well as strong trends in the international markets. According to All India Sarafa Association, the precious metal rates had closed at Rs 75,150 per...
Sensex, Nifty close at record high levels for 3rd day in a row
Benchmark stock indices Sensex and Nifty settled at record high levels in their third straight day of gains on Tuesday following buying in FMCG, telecom and select IT shares and FII inflows. The 30-share BSE Sensex climbed 51.69 points or 0.06 per cent to settle at a new lifetime high of...
AWS' KUMARA RAGHAVAN SEES HUGE POTENTIAL IN STARTUPS
The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS' Kumara Raghavan. In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) India, and South Asia, discussed the vibrant Indian startup scene, noting...
Paytm gets administrative rap from SEBI over related party transactions with PPBL in FY22
One 97 Communications, which is Paytm's parent firm, has got an 'administrative warning letter' from SEBI over related party transactions it had entered into with Paytm Payments Banks (PPBL) in FY22 without due approval of either audit committee or the shareholders. In a BSE filing, the company said it has consistently...
Sensex, Nifty hit fresh all-time high levels
Equity benchmark indices maintained their winning momentum for the third straight session on Tuesday, with the Sensex and Nifty hitting their new all-time peaks, amid foreign fund inflows and a rally in the US markets. The 30-share BSE Sensex climbed 233.44 points to hit a fresh record high of 80,898.30 in...
Automobile retail sales up 9% in April-June: FADA
Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers’ body FADA said on Monday. Overall retail sales rose to 61,91,225 units in the April-June period from 56,59,060 units in the same quarter of FY24. Passenger vehicle retails increased 2.53 per cent...
Next round of talks for proposed trade, investments agreement between India, EU likely in September
Senior officials of India and the 27-nation European Union (EU) are expected to hold the next round of talks for the proposed free trade agreement, which aims at boosting commerce and investments, in September, an official said. Joint Secretary in the Department of Commerce Darpan Jain said that the eighth round...
