India pharma exports rise 10 per cent in FY24
The country’s drugs and pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23,...
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RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
24 April 2024 | PTI -
ICICI Prudential Life Q4 net dips 26 pc to Rs 174 cr
24 April 2024 | PTI -
Sensex, Nifty climb in early trade on firm global market trends
24 April 2024 | PTI -
Growth in housing prices may moderate this fiscal to five per cent annually: India Ratings
24 April 2024 | PTI -
Tata Power Delhi Distribution appoints Gajanan Kale as CEO
24 April 2024 | Staff Reporter -
None of G7 economies on track to meet 2030 mitigation targets
24 April 2024 | PTI -
Razorpay announces UPI Switch in partnership with Airtel Payments Bank
24 April 2024 | PTI
Karnataka, Gujarat lead India's clean energy transition race: Report
Karnataka and Gujarat continue to lead the race to clean energy transition, but states like Jharkhand, Bihar, West Bengal and Uttar Pradesh need to step up efforts, according to a new report released on Tuesday. The joint report by research organisation, Institute for Energy Economics and Financial Analysis (IEEFA), and clean...
Rupee rises 3 paise to close at 83.33 against $
The rupee appreciated by 3 paise to close at 83.33 (provisional) against the US dollar on Tuesday on positive domestic markets and a soft American currency. At the interbank foreign exchange market, the local unit opened at 83.37 against the greenback. The unit hit an intra-day high of 83.28 and a...
Reliance Industries shares climb nearly one per cent post earnings
Shares of Reliance Industries Ltd on Tuesday climbed nearly 1 per cent after the company's annual earnings hit a record high. The stock advanced 0.85 per cent to Rs 2,986.05 on the BSE. At the NSE, it climbed 0.92 per cent to Rs 2,987 apiece. The company's market valuation stood at Rs 20,07,346.55...
India leads in GenAI adoption, says report
India leads globally in adopting GenAI technologies as a vast percentage of organisations incorporate GenAI in operations, and a majority of the populace expects increased investments and budget allocations towards Gen AI in the next 2-3 years, according to a recent report. Search analytics firm Elastic on Monday released the Generative...
Markets climb for 3rd day on firm global cues
Equity benchmark indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. After rallying over 400 points, the 30-share BSE Sensex ended 89.83 points or 0.12 per cent higher...
Public sector banks don't have power to issue Look Out Circulars against defaulters: HC
The Bombay High Court on Tuesday ruled that public sector banks do not have the power in law to issue Look Out Circulars (LOCs) against default borrowers. The HC's verdict would render all LOCs issued by such banks against defaulters as quashed. A division bench of Justices Gautam Patel and Madhav Jamdar...
Vodafone Idea approves offer price of Rs 11 per equity share for Rs 18,000 cr-FPO
Telecom operator Vodafone Idea's (VIL) board has fixed the FPO offer price at Rs 11 per equity share, according to a regulatory filing. The anchor investor offer price of Rs 11 per equity share has also been greenlit by the board. "... Following resolutions were also passed... Determined and approved the offer...
