Category: Business

Business

Toyota Land Cruiser 300 bookings open with prices starting ₹2.31 crore

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Toyota Land Cruiser 300  | Photo Credit: Special Arrangement Toyota Kirloskar Motor has announced the opening of bookings for Sports Utility Vehicle (SUV) the Land Cruiser 300, known for power, luxury and off-roading capability. The Completely-built unit (CBU), will be an imported model from Japan and be available in two grades — ZX and GR-S….

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Business

Markets rebound after falling in early trade on buying in bank stocks, fresh foreign fund inflows

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Bombay Stock Exchange (BSE). | Photo Credit: ANI Benchmark indices Sensex and Nifty began the trade on a weak note on Wednesday (February 19, 2025), but later bounced back, driven by buying in blue-chip bank stocks and fresh foreign fund inflows. The 30-share BSE benchmark Sensex declined 386.01 points to 75,581.38 in early trade. The…

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Business

SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%

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Representational image. | Photo Credit: REUTERS The Economic department of State Bank of India (SBI) has pegged India’s Gross Domestic Product (GDP) growth for Q3 FY25 at 6.2% to 6.3%. “Impinging upon our in-house developed ‘Nowcasting Model’ that leverages 36 high frequency indicators, we estimate the GDP growth for Q3 FY25 should come around 6.2%-6.3%…

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Business

Centre’s allocations for justice-related schemes fluctuate

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Only a fraction of the envisaged allocations was actually spent on justice-related schemes The Central government has consistently reduced budget allocations to certain justice-related schemes and projects since 2019, shows the recently released India Justice Report 2025-26. Data also show that not only have allocations reduced, but also, only a fraction of the envisaged allocations…

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Business

TVS Motor launches 2025 edition TVS Ronin at Rs 1.35 lakh ex-showroom

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Two and three wheeler major TVS Motor Company has rolled out its 2025 edition 225 cc motorcycle ‘Ronin’ upgraded with safety features besides adding two new colors priced at Rs 1.35 lakh ex-showroom onwards, a senior company official said on Tuesday (February 18, 2025). TVS RONIN has redefined motorcycling by blending the timeless appeal of…

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Business

Slight dip in unemployment rate in urban areas, says survey

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The Labour Force Participation Rate was 39.6% for people of all ages. Representational file image. | Photo Credit: Reuters The unemployment rate in the urban areas of the country was 6.4% for the period of October to December 2024 for persons of age 15 years and above, according to the Periodic Labour Force Survey (PLFS)…

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Business

‘GDP likely to grow at a slower 6.4%-6.6% in Q3FY25 on geopolitical pressures’

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India’s Gross Domestic Product (GDP) is expected to grow at a slower rate of 6.4% to 6.6% in the third quarter of fiscal 2025 (FY25) as opposed to 8.6% in the same period last year on account of global uncertainties spilling over to the Indian economy.  Bank of Baroda (BoB) projected a GDP growth rate of 6.6%…

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Business

Rupee falls 8 paise to close at 86.96 against U.S. dollar

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At the interbank foreign exchange, the rupee opened at 86.94 and touched the high of 86.91 against the greenback during intraday. File. | Photo Credit: Reuters Rupee depreciated 8 paise to close at 86.96 (provisional) against U.S. dollar weighed down by sustained foreign fund outflows and an uptick in the U.S. Dollar index. Forex traders…

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Business

Markets end marginally lower after a day’s breather amid foreign fund outflows

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The 30-share BSE benchmark Sensex ended 29.47 points or 0.04% lower at 75,967.39. Intra-day, it dropped 465.85 points or 0.61% to 75,531.01 | Photo Credit: Reuters Benchmark indices Sensex and Nifty ended marginally lower on Tuesday (February 18, 2025) as uninterrupted foreign fund outflows and slowdown in corporate earnings continued to hit investors’ sentiment. After…

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Business

Economy expected to grow 6.4% in Q3: ICRA

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Representational image only. Photo: wikimedia.org Investment Information and Credit Rating Agency (ICRA) on Tuesday (February 18, 2025) projected India’s GDP to grow 6.4% in the December quarter on account of enhanced government spending amid uneven consumption. The Indian economy grew at 6.7% in April-June, but it slowed to a seven-quarter low of 5.4% in September…

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