[ad_1] NEW DELHI: India’s mercantile exports in September grew by 4.82% at $35.45 billion compared to $33.81 billion in the same month last year notwithstanding the slump in global demands, […]
Tag: India
Gross direct tax revenue jumps nearly 24% this fiscal
[ad_1] India’s direct tax revenue jumped 23.8% on an annualised basis to ₹8.96 lakh crore till October 8 of the current financial year as corporate and personal earnings rose significantly, […]
World Bank cuts India’s GDP forecast to 6.5%, but there’s some positive news too
[ad_1] The World Bank on Thursday downgraded India’s GDP or gross domestic product to 6.5% for the fiscal year 2022-23 from an earlier estimate of 7.5%. In the previous year, […]
India, 4-nation EFTA bloc eye resumption of talks on free trade deal after 5 yrs
[ad_1] NEW DELHI: India and the European Free Trade Association (EFTA), a bloc that comprises Iceland, Liechtenstein, Norway and Switzerland, are eyeing the resumption of negotiations on a free trade […]
India’s exports dip by 3.52% to $32.62 billion in September: Govt data
[ad_1] India’s exports contracted by 3.52 per cent to $32.62 billion in September against $33.81 billion in the same month last year, while the trade deficit widened to $26.72 billion, […]
India puts off new foreign trade policy by 6 months due to global upheaval
[ad_1] NEW DELHI: The government on Monday deferred the launch the new Foreign Trade Policy (FTP) due to current global economic upheavals and decided to extend the existing FTP 2015-20 […]
Gold prices slump to 4-month low; silver rates down too
[ad_1] Written by Susmita Pakrasi | Edited by Amit Chaturvedi, Hindustan Times, New Delhi Gold prices fell to its lowest level in four months due to global sell-off in precious […]
Gold prices slump to 4-month low; silver rates down too
[ad_1] Written by Susmita Pakrasi | Edited by Amit Chaturvedi, Hindustan Times, New Delhi Gold prices fell to its lowest level in four months due to global sell-off in precious […]
India set to become 3rd largest economy by 2029: SBI report
[ad_1] India has undergone a large structural shift since 2014 and is now the 5th largest economy overtaking the United Kingdom. India would surpass Germany in 2027 and most likely […]
Nirmala Sitharaman’s projection for India’s GDP: ‘7.4% economic growth in current, next fiscal’
[ad_1] India’s gross domestic product (GDP) would grow at 7.4% in the current fiscal (financial year 2022-23) and continue at the same level in the next fiscal as well, Union […]
Number Theory: Should India privatise its public sector banks?
[ad_1] Privatisation of public sector banks (PSBs) in India is an issue which has generated polarised responses since the beginning of economic reforms. The debate has gained fresh momentum over […]
India’s crude oil production falls 3.76 percent in July
[ad_1] India’s crude oil production stood at 2453.19 thousand metric tonnes (TMT) in July 2022, which is 3.76 per cent lower than the production of July 2021 and 5.57 per […]
Adani to launch open offer for ACC and Ambuja Cements on August 26
[ad_1] The Adani Group is likely to launch next week an open offer worth ₹31,000 crore to acquire 26 per cent stake each in Swiss firm Holcim’s two Indian listed […]
Oil at 6-month low, petrol at breakeven but no price cuts yet
[ad_1] International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel – the most used fuel in […]
Sensex reclaims 60,000 mark after 4 months, investors richer by ₹25 trillion
[ad_1] Benchmark index Sensex touched psychologically crucial 60,000 mark this morning after more than four months. A slight moderation in inflation — both in the US and India — coupled […]
Ratan Tata backs startup that connects senior citizens with young graduates, promotes inter-generational friendships
[ad_1] Ratan Tata, the octogenarian industrialist who steered the $128 billion Tata Group for decades, has backed a startup that connects senior citizens with young graduates for meaningful friendships. Goodfellows, […]
Indian companies ready for 10% salary hike next year: Report
[ad_1] Companies in India are expected to give a salary hike of 10 per cent in 2023 as they struggle with rising attrition in the tight labour market, according to […]
Russian promoted Indian oil refinery posts record profit of about $447 million
[ad_1] India’s Nayara Energy, part owned by Russian oil major RosneftMM, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil […]
Retail inflation falls to 6.71% for July: Govt data
[ad_1] In June, retail inflation was at 7.01 per cent and it stood at 5.59 per cent in July 2021. Retail inflation softened to 6.71 per cent in July, mainly […]
Retail inflation falls to 6.71% for July: Govt data
[ad_1] In June, retail inflation was at 7.01 per cent and it stood at 5.59 per cent in July 2021. Retail inflation softened to 6.71 per cent in July, mainly […]
Huawei earned $44.8 billion, revenue down 5.9 percent in first half of 2022
[ad_1] Huawei’s revenue dipped by just under six percent in the first half of 2022, company figures showed Friday, as the Covid-19 pandemic and US-China trade rivalry hit sales. The […]
India to be fastest growing economy in the world this year: Govt source
[ad_1] While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output. Rising inflation […]
India best place to invest in tech, startups: Global CEOs
[ad_1] India, with its business-friendly policies and plethora of talent, is the best place to invest in the technology and start-up sectors, said heads of several global companies such as […]
‘Nobody in denial about price rise, but Indian economy…’: Sitharaman in Rajya Sabha
[ad_1] Union finance minister Nirmala Sitharaman on Tuesday asserted that the Indian economy is ‘doing much better’ compared to the situation prevailing in many developed nations. Replying to a short-duration […]
Oil prices shoot above $95 per barrel ahead of OPEC+ meet
[ad_1] Oil prices edged higher in a choppy session after closing at the lowest level in more than five months, as traders counted down to an OPEC+ meeting on supply […]
Will India face Sri Lanka, Pakistan-like economic crisis? Raghuram Rajan’s reply
[ad_1] Former Reserve Bank of India (RBI) governor Raghuram Rajan on Saturday said the central bank has done a good job in increasing the foreign exchange reserves and the country […]
India received highest ever FDI inflow of over ₹6 crore in FY 2021-22
[ad_1] The FDI Equity inflow in manufacturing sectors has increased to ₹1,58,332 crore in the financial year 2021-22 from ₹89,766 crore in the previous year, making it an increase of […]
IIBX: All you need to know about India’s first international bullion exchange, set to open tomorrow
[ad_1] India’s first international bullion exchange will be inaugurated on Friday, by prime minister Narendra Modi, in his home state of Gujarat. Called the India International Bullion Exchange (IIBX), the […]
Infosys misses profit estimates as costs surge
[ad_1] India’s Infosys Ltd on Sunday reported June-quarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook, citing a strong […]
Airtel chief Sunil Mittal’s salary falls nearly 5 pc to ₹15.39 crore in FY22
[ad_1] Bharti Airtel chairman Sunil Mittal’s remuneration fell nearly five per cent in the financial year 2021-22 to ₹15.39 crore on lower perquisite value, according to the telecom company’s annual […]
Reliance Industries Q1 consolidated net profit surges 46.3% to ₹17,955 cr
[ad_1] Reliance Industries Limited (RIL) on Friday reported a consolidated net profit of ₹17,955 crore for the first quarter of the current financial year as compared to ₹12,273 crore recorded […]
Domino’s India may shift business away from delivery firms Zomato and Swiggy: Report
[ad_1] Domino’s Pizza India franchise will consider taking some of its business away from popular food delivery apps, Zomato and SoftBank-backed Swiggy, if their commissions rise further, according to a […]
IDBI Bank Q1 net profit rises 25 pc to ₹756 cr on better asset quality
[ad_1] IDBI Bank on Thursday reported a 25 per cent rise in its standalone profit after tax (PAT) to ₹756 crore in the quarter ended June, driven by improvement in […]
Unstoppable dollar risks worsening $71 billion Asia stock exodus
[ad_1] The dollar’s relentless rise is threatening to trigger more outflows from Asia’s emerging-market shares, spoiling hopes of the region making a comeback in the second half. A gauge of […]
In 5G battle, Adani vs Ambani vs Mittal for July 26 spectrum auction: Report
[ad_1] Billionaire Gautam Adani’s group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani’s Reliance Jio […]
Gig economy in India to employ 23.5 million by 2030, says NITI Aayog report
[ad_1] India’s gig economy is estimated to employ 7.7 million people and is set to nearly triple to 23.5 million by 2029-30, a new report by the NITI Aayog said […]
Gautam Adani and family pledge ₹60,000 crore for social causes
[ad_1] Ahmedabad: Gautam Adani, Asia’s richest person and his family on Thursday pledged to donate ₹60,000 crore to a range of social causes to mark the business tycoon’s 60th birthday […]
‘At 7.5%, India to be fastest-growing major economy this year’: PM Modi
[ad_1] NEW DELHI: India is expected to grow by 7.5% this year, making it the fastest-growing major economy on the back of the government’s initiatives in technology-led growth, ease of […]
Not easy for airline to turn profit in India: IATA official
[ad_1] It is not easy for an airline to turn a profit in India and a lot of issues such as fare caps and high taxes on aviation turbine fuel […]
India, EU set to resume free trade talks after 9-year gap
[ad_1] India and the European Union will relaunch the first round of formal free trade negotiations on June 27 in New Delhi after a gap of nine years, while concurrently […]
‘India’s message of peace’: Kiren Rijiju takes Lord Buddha’s relics to Mongolia
[ad_1] Published on Jun 13, 2022 03:59 PM IST In a special gesture, Union Minister Kiren Rijiju arrived in Mongolia with the holy relics of Lord Buddha for an 11-day […]
Fitch revises India outlook to ‘Stable’, cuts GDP forecast to 7.8% for 2022-23
[ad_1] Fitch lowered India’s economic growth for 2022/23 to 7.8% from the 8.5% it had forecast in March, saying the inflationary impacts of the global commodity price shock were dampening […]
Cabinet approves hike in MSP for kharif crops
[ad_1] The Union Cabinet has approved hikes in minimum support prices (MSPs) for a range of summer-sown crops in keeping with a policy to offer farmers at least 50% returns […]
World Bank cuts India’s economic growth forecast to 7.5 pc for FY23
[ad_1] The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5 per cent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery. […]
$1 bn divides Mukesh Ambani, Gautam Adani in race for ‘India’s richest’: Report
[ad_1] Mukesh Ambani vs Gautam Adani – the battle to be India’s richest man swung Ambani’s way Friday by ‘just’ $1 billion. According to Bloomberg’s Billionaires Index, as of June […]
India’s merchandise export jumped 15.46% to $37.3 billion in May 2022
[ad_1] NEW DELHI: India’s merchandise export in May 2022 was $37.29 billion, 15.46% year-on-year increase compared to $32.30 billion in May 2021, according to official data released on Thursday. India’s […]
India, Pak reiterate commitment to resolve water-sharing issues
[ad_1] India and Pakistan on Tuesday reiterated their commitment to resolve issues related to the sharing of waters of cross-border rivers through discussions under the Indus Waters Treaty of 1960 […]
India’s GDP grew by 8.7% in FY22 after 6.6% contraction previous fiscal
[ad_1] However, growth in the January-March period was slower than the 5.4 per cent expansion in the previous October-December quarter of 2021-22. India’s economy or GDP grew by 4.1 per […]
Distantly Close | One Sibal won’t make a summer
[ad_1] An official believed to be a favourite of the high command dismissed the implications of Kapil Sibal’s adieu to the Congress with a cryptic one-liner: “People come and go […]
India’s Q4 GDP growth pegged at 2.7%, FY22 at 8.5%: Analysts
[ad_1] Upcoming release of official data for economic performance is likely to register a 2.7 per cent growth for the January-March period, and the FY22 growth is expected to be […]
US surpasses China as India’s biggest trading partner in FY22 at $119.42 bn
[ad_1] The US surpassed China to become India’s top trading partner in 2021-22, reflecting strengthening economic ties between the two countries. According to the data of the commerce ministry, in […]
Ruchi Soya Q4 total income rises 37.38 percent to ₹6,676.19 crore
[ad_1] FMCG firm Ruchi Soya Industries Limited on Friday said its total income surged by 37.38 per cent to ₹6,676.19 crore for the quarter ended March 2022, despite the challenging […]
This company by Gautam Adani is Asia’s best-performing IPO
[ad_1] India’s Adani Wilmar Ltd. is an outlier among Asia’s newly listed stocks. The food company has almost tripled since its debut while most newcomers are trading under water. Shares […]
PM Modi to attend Quad summit today, hold key bilateral talks
[ad_1] The Quad summit is aimed at further bolstering cooperation among the member nations – US, Australia, India, Japan – and discussing developments in the Indo-Pacific region. New Delhi: Prime […]
Starbucks to completely exit Russia as Ukraine war drags on
[ad_1] Starbucks said Monday it will cease operations in Russia, shuttering its 130 cafes in the country in the aftermath of the invasion of Ukraine. The move comes a week […]
Morning brief: Imran Khan praises India’s foreign policy after fuel price cuts, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Ex Pak PM Imran Khan praises India’s foreign […]
Ruchi Soya buys Patanjali Ayurved’s food retail business for ₹690 crore
[ad_1] Baba Ramdev-led Patanjali Ayurved Ltd will sell its food retail business to group firm Ruchi Soya Industries Ltd for ₹690 crore as part of its strategy to focus on […]
Evening brief: Ratan Tata says ‘grateful’ as SC rejects plea on Cyrus Mistry, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Here are today’s top news, analysis, and opinion. […]
Online games likely to draw 28% GST soon
[ad_1] A group of ministers (GoM) has found merit in imposing 28% Goods and Services Tax (GST) on online gaming to bring it at par with levies on casinos, race […]
Passenger train services between India and Bangladesh to resume from May 29
[ad_1] The train services between Kolkata and cities in Bangladesh were suspended in March 2020 as a precautionary measure against the spread of Covid-19. Passenger train services between India and […]
Beyond politics, Indo-Nepal relations are set to take off
[ad_1] A few hours before Prime Minister (PM) Narendra Modi landed at Lumbini, Nepal, on the occasion of Buddha Purnima, Nepal’s aviation sector made history. Kuwaiti airline Jazeera flight number […]
IndiGo names Pieter Elbers as new CEO, Dutta to retire on Sept 30
[ad_1] The country’s largest domestic budget carrier IndiGo on Wednesday announced the appointment of Pieter Elbers as its Chief Executive Officer, replacing incumbent Ronojoy Dutta. The 71 year-old Dutta, who came […]
India rejects Pakistani parliamentary resolution on Jammu and Kashmir
[ad_1] New Delhi: India on Tuesday rejected what it described as a “farcical resolution” passed by Pakistan’s Parliament opposing the delimitation exercise in Jammu and Kashmir and said Pakistan has […]
April wholesale inflation surges to 15.08%, up from 14.55% in March
[ad_1] Wholesale prices rose 15.08% in April from a year earlier, data released by the Commerce Ministry showed Tuesday. India’s wholesale inflation soared to a three decade high in April […]
Explained: Why India, world’s 2nd-largest producer of wheat, banned its export
[ad_1] India has banned wheat exports, sending bushel prices to record highs and drawing criticism from the Group of Seven worried about protectionism as inflation soars in the wake of […]
Evening brief: India-Nepal ties unshakeable like the Himalayas, says PM Modi, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Here are today’s top news, analysis, and opinion. […]
Apollo makes $1 billion bet on Indian property with lending plan
[ad_1] Apollo Global Management Inc. is planning to lend about $1 billion to developers in India this year, betting on a recovery in the residential property market as the pandemic […]
Afternoon brief: At Lumbini, PM Modi showcases India-Nepal shared Buddhist heritage, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. At Lumbini, PM Modi showcases India-Nepal shared Buddhist […]
Menstrual leave: A blessing or a curse?
[ad_1] “I remember being in the classroom teaching, and I was in so much pain that I was in tears. And I just didn’t know what to do. And obviously, […]
LIC Debut puts millions of small investors’ faith to test
[ad_1] Millions of Indians investing in the country’s biggest listing could turn sour on the equity market if the stock follows the poor performance of its state-run predecessors. Prime Minister […]
Tamil Nadu govt to send medical supplies worth ₹28 crores to Sri Lanka
[ad_1] Chennai In view of the economic crisis in Sri Lanka, Tamil Nadu health minister Ma Subramanian on Sunday said 137 types of medical supplies worth ₹28 crore will be […]
Ṭallī, kuṛī, baniyān: The intriguing story of where our words come from
[ad_1] Some magic hides in plain sight. Take the languages we speak. Each word represents not only itself — intricate, complicate, duplicate, communicate — but also the story of how […]
Morning brief: No one can predict length of Ukraine war, says President Zelensky, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. No one can predict length of Ukraine war, […]
State Bank of India Q4 profit rises 41 per cent YoY, but misses estimates
[ad_1] State Bank of India (SBI) missed fourth-quarter profit estimates despite record earnings as higher overhead costs and interest expenses weighed, with a rise in new bad loans sending shares […]
Venus Pipes and Tubes IPO Day 3: issue subscribed 4.43 times on Day 2
[ad_1] The initial public offer of Venus Pipes and Tubes was subscribed 4.43 times on the second day of subscription on Thursday. According to the NSE data, the company’s ₹165.41-crore […]
Booster gap cut to 3 months for those travelling overseas
[ad_1] : Indian citizens can take a third dose of their Covid-19 vaccine as soon as three months after second doses if they are set to fly abroad, the government […]
Indian flavours at Cannes 2022: Six Indian films to screen at the film festival
[ad_1] This year, six films from India narrating diverse stories infused with myriad hues of the country’s culture will be coming alive on the screen at the upcoming Cannes film […]
India to shine bright at Cannes red carpet: Celebs look at it as a great start
[ad_1] Indian stars are all set to grace the red carpet on the opening day of the 75th edition of Festival de Cannes. Union Minister for Information and Broadcasting Anurag […]
LIC IPO share allotment status: Know how and where to check online
[ad_1] Written by Manjiri Sachin Chitre | Edited by Chandrashekar Srinivasan After completion of six days bidding for the Initial Public Offering (IPO) of Life Insurance Corporation (LIC) of India […]
India needs stronger opposition, says Sri Sri Ravi Shankar
[ad_1] Observing that the national Opposition in the country is weak, spiritual leader Sri Sri Ravi Shankar said he believes that for a healthy democracy, it is essential that India […]
National Technology Day: PM Modi expresses ‘gratitude’ for 1998 Pokhran tests
[ad_1] Written by Manjiri Sachin Chitre | Edited by Poulomi Ghosh Prime Minister Narendra Modi on Wednesday expressed his “gratitude” towards the scientists and their “efforts” that led to the […]
‘Going to Ayodhya not a national issue’: Sharad Pawar ahead of Thackerays visit
[ad_1] NCP chief Sharad Pawar on Tuesday claimed the Centre “failed 100 per cent” in tackling the problems of inflation and unemployment, while issues like Ayodhya visit by some people […]
Modi to build on India-Nepal shared heritage on Lumbini trip
[ad_1] Building on shared Hindu and Buddhist civilizational heritage, Prime Minister Narendra Modi will again reach out to Nepal when he lands at Lumbini, the birthplace of Prince Siddharth who […]
IKEA to spend 3 bln euros on stores as it adapts to e-commerce
[ad_1] IKEA retailer Ingka Group is spending 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its trademark out-of-town outlets so they […]
Rupee hits record low of 77.18 against US dollar as broad risk-off sweeps Asia
[ad_1] The rupee dropped as much as 0.3% to 77.1825 a dollar on Monday, slipping past the previous record low 76.9812 touched in March. The Indian rupee fell to a […]
Morning brief: Rain, strong winds likely in 3 states as ‘Asani’ intensifies, and all the latest news
[ad_1] Here are today’s top news, analysis and opinion at 9am. Know all about the latest news and other news updates from Hindustan Times. As Cyclone Asani intensifies, rain, strong […]
‘157 kph doesn’t matter in T20s. If you don’t get it right, you’ll fetch big time’: Shastri issues huge warning to Umran
[ad_1] Sunrisers Hyderabad pace sensation Umran Malik has taken 2022 Indian Premier League (IPL) by a storm with his searing pace. Only two days back, the 22-year-old broke his own […]
‘Thought game was done when Sachin got out. We didn’t know about Yuvraj, Kaif’: Ex-ENG cricketer on NatWest series final
[ad_1] The story NatWest series final of 2002 has been told and retold several times over the past two decades. It remains one of India’s greatest wins in a limited-overs […]
FPIs withdraw ₹6,400 crore from equity markets in May so far
[ad_1] Foreign investors have pulled over ₹6,400 crore from the Indian equity market in the first four trading sessions of the ongoing month when the Reserve Bank of India (RBI) […]
‘He has got his form back. He would be a firm favourite’: Pollock picks between Chahal, Chahar for India’s T20 WC squad
[ad_1] An impressive first half of the 2021 Indian Premier League (IPL) saw Rahul Chahar pip a struggling Yuzvendra Chahal for a spot in India’s T20 World Cup squad. Chahal’s […]
Europe should remain engaged with India for Indo-Pacific challenges: Dutch envoy
[ad_1] NEW DELHI: At a time when the world community’s focus is on Ukraine, European nations need to remain engaged with India to tackle critical challenges in the Indo-Pacific, ranging […]
Rabindranath Tagore Jayanti: Tributes paid to ‘Indian polymath’
[ad_1] Political leaders in India paid tributes to the luminary Nobel Peace Prize laureate Rabindranath Tagore on his birth anniversary. Union minister for road, transport and highways Nitin Gadkari remembered […]
Reliance becomes first Indian company to cross USD 100 billion annual revenue
[ad_1] Billionaire Mukesh Ambani’s Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining […]
Art on the moon, in a storage depot,near Everest: See how galleries are changing
[ad_1] A tiny art gallery on the moon; an artists’ residency at the foot of Mount Everest; an all-access warehouse museum in the Netherlands: A space for art can be […]
L&T Infotech, Mindtree announce merger to create India’s 5th largest IT services provider
[ad_1] L&T Infotech and Mindtree, the two independently listed IT services companies under Larsen & Toubro Group, on Friday announced a merger that would create India’s fifth-largest IT services provider. […]
‘A museum must never be seen as a dead space where old things are stored’
[ad_1] He has designed a state-of-the-art display for a 2,000-year-old Egyptian mummy in Hyderabad; equipped a new museum in Kerala with a hologram that lets visitors “talk” to late CM […]
On Covd toll, BJP’s Sambit Patra says WHO data and Cong ‘beta’ are both wrong
[ad_1] Written by Manjiri Sachin Chitre | Edited by Sohini Goswami The Bharatiya Janata Party (BJP) on Friday accused Congress MP Rahul Gandhi of “doing politics” over deaths related to […]
Delhivery IPO to open on May 11; sets price band at ₹462-487 per share
[ad_1] Supply chain company Delhivery on Thursday said it has set a price band of ₹462-487 a share for its ₹5,235-crore initial public offering (IPO), which will open for subscription […]
LIC IPO is credit positive for India’s life insurance sector: Moody’s
[ad_1] Examining the impact of India’s state-owned Life Insurance Corporation’s IPO Moody’s Investors Service on Thursday said that the public issue is credit positive for India’s life insurance sector. LIC […]
Evening brief: Majority of social media users not bothered about absolute facts, and all the latest news
[ad_1] Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times. Here are today’s top news, analysis and opinion. […]