CATEGORIES

Fiscal deficit at 17.2% of target

The Centre's fiscal deficit at the end of the first four months of the current financial year touched 17.2 per cent of the full-year target, government data showed on Friday.

GDP growth still resilient

Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent.

Core sector growth slows to 6.1% in July

Growth in India's eight core sector industries slowed to 6.1 per cent in July compared to 8.5 per cent in the same month last year, according to government data released on Friday.

Investment, consumption growth picks up

I ncreased capital expenditure (capex) by the private sector and households lifted growth in capital investment to 7.5 per cent in Q1FY25 (April-June) from 6.46 per cent in the preceding quarter, the data released by the National Statistical Office (NSO) on Friday showed.

Rural consumption picking up, says CEA

The gross domestic product (GDP) growth data for the first quarter of FY25 showed a continued pickup in rural consumption and the economy in the medium term could grow at 7 per cent on a sustained basis if it builds on the structural reforms undertaken in the last ten years, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Friday.

Bajaj looks to pip TVS to second spot in e2W mkt

The country's legacy two-wheeler giants Bajaj Auto and TVS - are fighting a neck-and-neck battle for market share, with the former threatening to dislodging its rival soon.

'Decided against Samir's reappointment due to conduct'

Godfrey Phillips India's Nomination and Remuneration Committee (NRC) has decided against the reappointment of Samir Kumaar Modi to the board, citing concerns over his \"overall conduct during board meetings and outside\", which the company said went against his fiduciary duties as an executive director.

Maserati banking on entrepreneurs to drive India story

Expects to record threefold growth in volume sales during the next 3-5 years

Next-gen Aravalli engines set to power HAL helicopters

At the Shakti engine's current unit price of ₹8-10 cr, the expense on these engines would amount to 40,000-50,000 d

Entry-level bike sales in slow lane despite rural demand turnaround

Between April and July 2024, 125cc segment saw 21% growth against 46.5% in 125-150cc segment

Vistara to fly into sunset on Nov 11

To merge with Air India as SIA's ¥2,059 cr FDI for 25.1% in combined entity gets Cabinet nod

Panel formed to simplify direct tax laws

The revenue department in the finance ministry has formed a panel headed by VK Gupta, chief commissioner of income-tax (I-T), to simplify the decades-old I-T Act.

GDP growth slows to 5-quarter low of 6.7%

BUT GROSS VALUE ADDED GROWTH PICKS UP PACE IN Q1 | RAINS, LOWER INFLATION MAY HELP IN CONSUMPTION RECOVERY

Falling API prices signal Chinese predatory play

Prices of active pharmaceutical ingredients (APIs) have been declining over the past several months, boosting the margins of drug manufacturers.

Defence stocks take fire: Rally or retreat?

Period of correction follows a prolonged bull run

RIL, TaMorally, benchmarks at fresh highs

Equity benchmark indices Sensex and Nifty hit their all-time high levels on Thursday, driven by a rally in index majors Reliance Industries and Tata Motors.

IPOS sail strong on mkt tailwind

IPOS this year stay on course: Only 10 let Sebi approval slip- a three-year low

India among critical tech leaders, behind only US and China in Al

Among top five countries in 45 of 64 critical technologies

PLANT-BASED LEATHER TAKING ROOT

But limited infra and lack of govt incentives driving up cost of sustainable vegan products

Tax reform dilemmas

For a fairer, more inclusive tax system, taxing agriculture and adjusting exemptions are essential

Stationed in space

Recent experience has lessons for Isro

Ring-fencing a challenge

Industrial parks are expected to help attract investment

Will Amazon ever be Apple of India's eye?

Jeff Bezos is a bonafide global celebrity.

Durov charged for crimes committed on Telegram

Pavel Durov, the chief executive officer of Telegram, was charged in France for complicity in the spread of sexual images of children and other crimes, in a rare example of a tech leader being held liable for the way their platform is used.

OpenAI nears funding at over $100 bn valuation

OpenAI is getting closer to raising funding at a valuation of more than $100 billion in a round led by Thrive Capital, people with knowledge of the matter said.

HK convicts editors over articles on democracy activists

A Hong Kong court convicted two former editors of a shuttered news outlet on Thursday, in a sedition case widely seen as a barometer for the future of media freedoms in the city once hailed as a bastion of free press in Asia.

Samsung's eye on Nokia mobile networks assets

Nokia Oyj's mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics Co.amid increasing pressure to find new growth in the troubled telecom equipment sector, people with knowledge of the matter said.

Nvidia record sales fail to impress investors

Forecast barely beating estimates stokes concerns of waning growth

Govt plans ₹33.5K cr boost to IT, ITeS hubs

The Uttar Pradesh government is planning to build global technology hubs with a $4 billion (about 33,500 crore) investment as it targets 10 times growth in the information technology (IT) & IT-enabled services (ITeS) sectors in five years.

Monsoon likely to be extended, threatening key grain, pulses

Monsoon rains are likely to be prolonged into late September this year due to the development of a low-pressure system in the middle of the month, two weather department officials told Reuters.