Rupee falls 7 paise to settle at 83.35 against US dollar
The rupee declined 7 paise to close at 83.35 (provisional) against the US dollar on Friday as a strengthening American currency overseas and a selloff in domestic equities weighed on the local unit. Besides, rising crude prices in the international market and risk-averse sentiment dragged the local unit down, forex traders...
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Motilal Oswal reports multi fold jump in profit
27 April 2024 | PTI -
RBI action on Kotak Mahindra Bank may restrain credit growth: S&P
27 April 2024 | PTI -
Deloitte projects India’s FY25 GDP growth at 6.6 per cent
27 April 2024 | PTI -
Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
26 April 2024 | PTI -
Tech Mahindra shares zoom over 13 pc as co unveils three-year roadmap to bounce back
26 April 2024 | PTI -
Indian housing market outlook bullish: Report
26 April 2024 | PTI -
SRM IST hosts Conference on Occupational Therapy
26 April 2024 | PNS
ITC plans to open more hotels overseas: CMD Puri
India’s diversified entity ITC plans to open more hotels overseas with neighbouring countries and the Middle East as primary target markets after opening of its first international property here, company Chairman and Managing Director Sanjiv Puri said on Thursday. The company’s arm ITC Hotels, which had opened 22 new properties in...
HUDCO celebrates its 54th Foundation Day
Housing and Urban Development Corporation Limited (HUDCO), a Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs (MoHUA), celebrated its 54th Foundation Day on Thursday. The Navratna CPSE has been adding more efforts for the creation of sustainable and resilient infrastructure in line with Government of...
Ministry working on infrastructure needs to achieve $1 trillion goods exports target by 2030: Official
The commerce ministry has initiated an exercise to identify required infrastructure needs, potential sectors, and clusters which would help the country achieve the USD 1 trillion merchandise exports target by 2030, a senior government official said on Thursday. Additional Secretary in the Department of Commerce Anant Swarup said that the Asian...
India services exports grow 11.4 per cent in 2023: UNCTAD report
India’s services exports jumped 11.4 per cent to USD 345 billion in 2023 despite global economic uncertainties, while China’s shipments from the sector contracted by 10.1 per cent to USD 381 billion, according to a UNCTAD report. Sectors that contribute to India’s services export growth include travel, transport, medical and hospitality. With...
AI offers remarkable opportunity for India: Qualcomm India
India, with its growth engines roaring, is the “place to be”, Qualcomm India President Savi Soin has said, adding that the country has a “remarkable opportunity” with hybrid Artificial Intelligence (AI). The San Diego, California-headquartered chip designer is working with OEMs as well as operators in India to help bring entry-level...
Resilient economy, price stability to support India promising growth story: FinMin report
Resilient growth, price stability and steady external sector outlook continue to support India’s promising economic performance amid uncertain global conditions, a Finance Ministry report said on Thursday. Overall, India continues to be the fastest-growing major economy, with positive assessments of the growth outlook for the current financial year for India by...
Markets extend gains
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on Thursday, driven by heavy buying in banking, financial and metal stocks. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50...
