New Delhi (IANS) India’s gross domestic product (GDP) is estimated to grow by 7.3 per cent in 2023-24, up from 7.2 per cent in 2022-23, according to the advance estimate released by the Ministry of Statistics on Friday. The ministry’s … read more
New Delhi (IANS) Online payments and banking technology firm Cashfree has reported a Rs 133 crore loss in FY23 from just Rs 3 crore in FY22, owing to a substantial cost increase in employee benefits and payment processing, the media … read more
Mumbai (IANS) Goldman Sachs has lowered its projection for India’s current account deficit in 2023-2024 to 1 per cent of GDP from 1.3 per cent earlier as the US bank expects services exports to rise further while crude oil prices … read more
New Delhi (IANS) The week has come to an end and this week becomes special because the calendar year 2023 ends at the stroke of midnight as well. The week was a four-day affair with it beginning with a trading … read more
New Delhi (IANS) The composite scheme of arrangement amongst Tata Consumer Products Ltd (TCPL), Tata Coffee Ltd (TCL), and TCPL Beverages & Foods Ltd (TBFL) and their respective shareholders and creditors, pursuant to Section 230-232 and other applicable provisions of … read more
Mumbai (IANS) The benchmark index maintained its optimism and hit fresh highs owing to ease in Red Sea issue and reversal of FII inflows, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday. The markets closed at … read more
Mumbai (IANS) The consolidated balance sheet of scheduled commercial banks (SCBs) in 2022-23 expanded by 12.2 per cent, driven by credit to retail and services sectors while deposit growth also picked up, although it trailed credit growth, according to the … read more
Mumbai (IANS) Tata Motors — India’s largest commercial vehicle manufacturer — announced on Tuesday that it has secured an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,350 diesel bus chassis. “This order to supply Tata … read more
New Delhi (IANS) India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million tonnes during April- Nov, 2023 of the current financial year from 27.21 million tonnes in the same period of the previous year … read more
New Delhi (IANS) Bharat Electronics Limited (BEL) has received orders worth Rs 2,673 crores for the supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels, the Navratna Defence PSU said on Friday. While one order … read more