‘Will end year with a growth rate of over 30 per cent’

[ad_1] ‘In life insurance, it is about creating distribution capacity and solutions for customers. We are constantly working on that.’ Photograph: Kind courtesy Shriram Life Shriram Life Insurance Company, a joint venture between Shriram Group and South Africa-based Sanlam Ltd,

India moved fewer people to non-agri jobs than most neighbouring nations

[ad_1] India has managed to move a smaller share of its working-age population away from farm-related work than many of its neighbours. Bangladesh, Bhutan, Sri Lanka and Nepal managed to shift a bigger share of jobs to non-agricultural work than

Markets tank 1%, Sensex ends down 793 points

[ad_1] Benchmark equity indices Sensex and Nifty plunged by 1 per cent on Friday as investors booked profits after a recent record-breaking rally amid weak trends from Asian markets. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex tanked 793.25 points or

Retail inflation eases to 5-month low of 4.85% in March

[ad_1] Retail inflation declined to a five-month low of 4.85 per cent in March mainly due to cooling food prices, inching towards the Reserve Bank’s target of 4 per cent, according to official data released on Friday. Photograph: Rupak De

IIP grows to 4-month high of 5.7% in Feb

[ad_1] India’s industrial production growth accelerated to a four-month high of 5.7 per cent in February 2024, mainly due to the good performance of the mining sector, according to official data released on Friday. Photograph: Steve Marcus/Reuters The factory output

Forex kitty jumps $2.98 bn to new high of $648.562 bn

[ad_1] India’s forex reserves jumped by $2.98 billion to a fresh peak of $648.56 billion for the week ended April 5, the RBI said on Friday. Photograph: Steve Marcus/Reuters In the previous reporting week, the forex kitty had increased by

TCS Q4 net profit rises 9% to Rs 12,434 crore

[ad_1] Tata Consultancy Services (TCS) on Friday reported a 9 per cent growth in net profit at Rs 12,434 crore in January-March quarter of FY24, helped by improved margin and strong performance of its India business. Photograph: Dado Ruvic/Reuters The

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

[ad_1] Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday’s (April 4) intraday trade after reporting strong revenue growth

11 EV makers get EMPS nod

[ad_1] The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers, including Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to receive incentives under the recently introduced Electric Mobility Promotion Scheme (EMPS) 2024. Photograph: Toby Melville/Reuters

Cola, beverage, ice cream makers expect surge in sales as temp soars

[ad_1] With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms selling cola-based fizz drinks, juices, mineral water, ice creams and milk-based beverages expect a spike in sales and have ramped up their production and