The output of eight key infrastructure sectors slowed down to a five-month low of 2.9 per cent in February, as against 7.1 per cent growth registered a year ago, according to official data released on Friday. Kindly note the image
India and the visiting US officials have decided to hold a wrap-up session on Saturday morning to conclude the three-day talks on the proposed bilateral trade agreement, government sources said. Photograph: Dado Ruvic/Reuters They said the discussions are at a
The country’s forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday. Photograph: Lisa Marie David/Reuters In the previous reporting week, the overall reserves had increased by $305 million to
The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure. IMAGE: A man walks past a screen displaying the IndusInd
India now has 284 billionaires, 13 more than last year, maintaining its position as the third-largest dollar-billionaire hub globally, after the US and China. IMAGE: Roshni Nadar Malhotra, Chairperson HCL Technologies. Photograph: ANI Photo Roshni Nadar, chairperson of information
Total 75 bps reduction likely in FY26. Photograph: Francis Mascarenhas/Reuters The RBI’s monetary policy committee is expected cut benchmark interest rate by 25 basis points in its policy review meeting next month to push growth, India Ratings and Research (Ind-Ra)
The cumulative wealth of 284 Indian billionaires is a third of the country’s GDP, a report said on Thursday. Photograph: ANI Photo Gautam Adani, who helms the conglomerate headquartered in Gujarat’s Ahmedabad, has emerged as the biggest wealth gainer globally
Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence,
Expects to raise $100 bn in tax revenues. Photograph: Mike Blake/Reuters In a significant policy announcement from the Oval Office, President Donald Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move
The Indian industry is paranoid about the USA’s plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. Photograph: Wolfgang Rattay/Reuters They said that the talks for the proposed bilateral trade agreement
