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India’s economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the…
Nandan Nilekani, co-founder of Infosys, KP Singh, chairman emeritus at DLF, and Nikhil Kamath, co-founder of Zerodha, have been named on the 17th edition of Forbes Asia’s Heroes of Philanthropy list released today. The unranked list “highlights business leaders who are donating from their fortunes and giving personal time and attention to their select causes”,…
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The government on Wednesday said 125 new projects have been taken up in the current financial year for exploration of critical minerals. There is high demand for critical and strategic minerals, and the demand is usually met by imports. Critical minerals are used in various sectors, including renewable energy, defence, and agriculture. “I am happy…
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As the world leaders converge in the UAE for the COP28 this week to chalk out strategies for climate mitigation, Adani Power announced it has taken up a green ammonia combustion pilot project at its Mundra plant. As part of the project, the Mundra plant, a large private sector power plant, will co-fire up to…
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The combined market valuation of all listed companies on the leading stock exchange BSE reached the USD 4-trillion milestone for the first time ever today. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. Thanks to the optimism in equities, the market capitalisation of…
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Equity benchmark indices rallied in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks, Reliance Industries and HDFC Bank. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. The Nifty went up by 103 points to 19,992.70….
Read More “Sensex Rises By 305 Points, Nifty By 103 In Early Market Trade” »
NDTV Profit, the business news channel of the New Delhi Television Ltd, is set to resume regular operations from December. The channel will go live on December 8 – six years after it was discontinued on June 1, 2017. The company informed the stock exchanges today that its Board of Directors has approved regular operations…
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Shares of Adani group firms continued to attract heavy demand in morning trade on Tuesday, with Adani Total Gas climbing nearly 20 per cent. All the 10 listed group companies were trading with sharp gains during the morning trade, defying a muted trend in the equity market. Shares of Adani Total Gas zoomed 19.61 per…
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Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand. Spot gold was up 0.6 percent at $2,013.99 per ounce by 1311 GMT, after reaching its highest since May 16. US gold…
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The country’s largest carmaker Maruti Suzuki India on Monday said it will increase vehicle prices in January 2024, citing cost pressure driven by the overall inflationary environment and increased commodity rates. The company — which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh and…
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