Business news
- Business
India’s GDP growth slows to 5.4 pc; economy faces new geopolitical risks
New Delhi: India’s GDP growth slowed to 5.4 per cent in October-December 2021 before the full fury of the third wave of coronavirus infections struck the country and the economy faced fresh…
- Business
Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
New Delhi: The prices of Bitcoin and other cryptocurrencies somewhat stabilised on Saturday amid possible Russia-Ukraine talks. Bitcoin, which nosedived below $34,000 when the war began on Thursday, was flat on Saturday…
- Business
Chipset market grows 5% as Russia-Ukraine war threatens global supply
New Delhi: Amid the global chip shortage that is going to worsen with the Russia-Ukraine war, a new report has shown that the global smartphone AP (Application Processor)/SoC (System on Chip) chipset…
- Business
Equity markets open in green, Sensex up by 792 points
Mumbai: Amidst Russia’s ongoing military operation in Ukraine, equity indices opened in green on Friday with the Sensex up by 791.81 points and Nifty up by 267.70 points. The 30-scrip BSE Sensex…
- Business
Rupee rallies 23 paise to close at 74.59 against US dollar as crude oil softens
Mumbai: The rupee appreciated by 23 paise to close at 74.61 against the US dollar on Wednesday due to a pullback in the greenback and crude oil prices after Western countries imposed…
- Business
Adani Wilmar freezes at 10% upper circuit, gathers steam post recent decline
New Delhi: Adani Wilmar shares froze at the 10 per cent upper circuit to close the session at Rs 345.70 on Wednesday. The counter had declined over 20 per cent from its…
- Business
Erasing early gains, equities close marginally down
New Delhi: After showing some marginal gains in early trade, India’s key indices — S&P BSE Sensex and NSE Nifty50 — settled a tad low on Wednesday. Sensex settled at 57,232.06 points,…
- Business
$774 bn revenue opportunity for India from healthcare by 2030: Report
New Delhi: India has the potential to generate a staggering $774 billion revenue in the healthcare sector by 2030, suggests a new report on Wednesday. The report by Aspire Circle, a social…
- Business
Semicon India Programme receives proposals worth $20.5bn
New Delhi: The Centre has received 5 proposals for ‘Semiconductor’ and ‘Display Fabs’ manufacturing worth $20.5 billion. Accordingly, the proposals were received during the first round of application submission for the Centre’s…
- Business
India’s industrial activity expected to gather pace: Crisil Research
New Delhi: India’s industrial activity is expected to gather pace in the coming months owing to a gradual pick-up in consumption as well as investment demand. Notably, the latest Index of Industrial…
- Technology
Global DRAM memory market, prices down in Q4: Report
Seoul: Global dynamic random access memory (DRAM) shipments dropped nearly 6 per cent in the fourth quarter from three months earlier, a report showed on Friday, amid sluggish demand from manufacturers that…
- Business
Yes Bank co-founder Rana Kapoor, two others granted bail
Mumbai: A Mumbai court on Wednesday granted bail to Yes Bank co-founder Rana Kapoor and Avanatha Group’s Gautam Thapar and B. Hariharan of Avantha Group in a money laundering case. Additional Sessions…
- Middle East
Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
Dubai: Saudi Arabia said Sunday it will transfer 4% of the stock in the state-run oil giant Aramco to a sovereign wealth fund, an infusion valued at nearly 80 billion as the…
- Business
India-based startups raised $39 bn in 2021; mortality rate down to 1%
New Delhi: India-based startups raise $39 billion capital in 2021, said Grant Thornton Bharat. The report on the democratisation of India’s startup ecosystem showed a total funding of $39 billion, a rise…
- Business
CIL taking steps to increase coal supply to non-power sector
New Delhi: Coal India Limited (CIL) has sufficient buffer stock and is making efforts to increase coal supply to the non-power sector in view of the increased demand, the Ministry of Coal…
