India’s forex reserves jumped by $6.99 billion to $692.72 billion during the week ended May 23, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week ended May 16, the overall reserves had dropped by $4.89 billion
India’s economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than
Stock markets closed lower in a range-bound trade on Friday following losses in IT shares and sluggish trends in Asian markets due to trade uncertainty after a US appeals court temporarily reinstated reciprocal tariffs. Photograph: Francis Mascarenhas/Reuters The 30-share BSE
IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Photograph: Priyanshu Singh/Reuters Other destinations include Amsterdam (the Netherlands), Manchester (the UK),
The government on Wednesday asked e-commerce platforms to conduct annual internal audits to make sure that they are not resorting to manipulative tactics to mislead consumers and prevent them from making right choices — a technique commonly referred to as
‘This means that there will be more than 1,000 tech talent in India over the next 12-18 months.’ Global reinsurance giant Swiss Re, which has been in India since the start of the century, is focusing on insourcing technology over
The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court order, the Reserve Bank said on Thursday. Illustration:
The country’s biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales. Kindly note the image have only been published for representational purposes. Photograph: Siphiwe Sibeko/Reuters India’s automobile market is witnessing a curious phenomenon.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank’s shares. Photograph: Anushree Fadnavis/Reuters In addition to
India’s industrial production growth slowed to 2.7 per cent in April 2025 due to poor performance of manufacturing, mining and power sectors, according to official data released on Wednesday. Photograph: Amit Dave/Reuters The factory output, measured in terms of the
