India’s economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
Benchmark stock indices Sensex and Nifty ended lower on Friday due to profit-taking in IT shares and Bharti Airtel after a sharp rally in the previous session. Photograph: Arko Datta/Reuters The 30-share BSE Sensex declined 200.15 points or 0.24 per
The mortgage arm of insurance behemoth LIC, LIC Housing Finance Ltd, on Thursday (May 15) reported a 25.4% year-on-year (YoY) jump in net profit at ₹1,368 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter
Danish pharmaceutical company Novo Nordisk A/S, maker of blockbuster weight loss drug Wegovy, said Friday its CEO was stepping down by “mutual agreement” with the company’s board of directors, citing “recent market challenges” and a steep decline in the company’s
Passenger vehicles dispatches from factories to company dealerships in the country increased 4 per cent year-on-year to 3,48,847 units in April, industry body SIAM said on Thursday. Photograph: Francis Mascarenhas/Reuters Passenger vehicle dispatches stood at 335,629 units in April last
US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US. Photograph: Tom Brenner/Reuters Apple has no smartphone production in the US – most
US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods. Photograph: Brian Snyder/Reuters Speaking at a business roundtable in Doha, Trump also said he had a “little problem” with Tim Cook, and
The Securities and Exchange Board of India (SEBI) has barred Varyaa Creations Limited from the securities market after finding that the company diverted IPO proceeds meant for business purposes. VCL, a company engaged in the wholesale trading of precious metals
India’s benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National
Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department
