Business
-
Indian banks including SBI review Adani exposure amid US indictment
Hyderabad: India’s largest lender, State Bank of India (SBI) and a host of Indian bankers are reviewing their exposure with the Adani Group to tighten their due diligence after the company’s chairman…
-
Credit card spending in India crosses Rs 2 lakh crore in Oct: RBI data
New Delhi: As the festive season saw robust growth in India across all parameters, credit card spending crossed Rs 2 lakh crore in October, a 14.5 per cent rise from September. According…
-
Adani ports to invest Rs 10,000 cr for Kerala Vizhinjam port completion
Thiruvananthapuram: The Kerala government and Adani Vizhinjam Port Private Limited have agreed to a supplementary concession agreement for the Vizhinjam International Port Project. The state cabinet meeting, chaired by Chief Minister Pinarayi…
-
Rupee falls 11 paise to settle at 84.40 against US dollar
Mumbai: The rupee depreciated by 11 paise to close at 84.40 against the US dollar on Wednesday amid uncertainties surrounding US President-elect Donald Trump’s trade policies and an increase in crude oil…
-
India clocks double-digit surge in steel consumption amid global slowdown
New Delhi: India is the only large economy showing robust growth in the consumption of steel with a double-digit jump of 13.5 per cent in the first half of 2024-25, according to…
-
Indian stock market opens in green after two robust bull sessions
Mumbai: The Indian stock market opened in green on Tuesday after witnessing two robust trading sessions, as buying was seen in the realty sector in early trade. At around 9:53 am, the…
-
Youth Unemployment in India at 10.2%, lower than Global 13.3%
New Delhi: Union Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global…
-
Modi calls for global financial model to support cooperative sector
New Delhi: Prime Minister Narendra Modi on Monday called for the creation of a new collaborative financial model to support cooperatives globally, emphasizing their potential to drive economic growth, particularly in developing…
-
About 62L foreign tourists arrived in India in 8 months this year: Govt
New Delhi: About 61.91 lakh foreign tourists arrived in India this year (January-August period) against 59.71 lakh arrivals registered in the same period last year, the government said on Monday. In a…
-
India’s economic growth expected to accelerate in Oct-Dec quarter: Report
New Delhi: India’s economy was projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024) as positive…
-
Adani Portfolio of companies report record results for H1 FY25
Ahmedabad: The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio…
-
Sensex welcomes MahaYuti’s landslide victory with nearly 1,200 pts surge
Mumbai: The Indian benchmark indices surged on Monday in the early trade, with Sensex crossing 80,000-mark after the landslide victory by the BJP-led MahaYuti alliance in Maharashtra. The Sensex was up 1,173.91…
-
Future of AI regulation in US uncertain under Trump-Musk: Report
New Delhi: Some industry experts are skeptical whether Elon Musk’s unconventional methods and Donald Trump’s leadership will ultimately benefit AI regulation and the market at large, according to a new report. Trump…
-
Bangladesh seeks to review major energy projects including one with India’s Adani Group
Dhaka: A review committee formed by Bangladesh’s interim government on Sunday recommended engaging an investigation agency to examine power agreements signed by deposed prime minister Sheikh Hasina’s regime with different business groups,…
-
Market Outlook: Q2 GDP, FIIs data and global cues key triggers fornext week
Mumbai: Escalating tensions between Russia and Ukraine, rising crude oil prices, foreign institutional investors (FIIs) and Q2 GDP will be the major factors for the stock market next week, according to experts.…
