Business

New Delhi: Recognised startups in India have created over 16.6 lakh direct jobs across more than 55 varied industries, the Parliament was informed Friday. The highest number of direct jobs were created in the IT sector (2,04,119), followed by healthcare and life sciences (1,47,639), and...

New Delhi: Maruti Suzuki India and Mahindra & Mahindra Friday announced plans to hike vehicle prices from January in order to offset the impact of rising input costs and operational expenses. Maruti Suzuki, the country's largest carmaker, will hike prices of its model range by...

New Delhi: The GDP slowdown in September quarter was not "systemic" and the economic activity in third quarter, with better public expenditure, is likely to compensate for the moderation, Finance Minister Nirmala Sitharaman said Friday. India recorded a 7-quarter low GDP growth of 5.4 per...

Mumbai: Benchmark equity indices Sensex and Nifty ended marginally lower in a highly volatile trade on Friday, snapping their five-day rally, after the Reserve Bank of India kept the policy rate unchanged but sharply cut the FY25 GDP growth forecast. After oscillating between highs and...

Mumbai: The Reserve Bank's efforts are focused on keeping the inflation horse under a "tight leash", Governor Shaktikanta Das said Friday as the central bank opted for a status quo in policy rates for the 11th consecutive time, belying voices demanding a rate cut to...

Mumbai: The Reserve Bank Friday enhanced the collateral-free agriculture loans limit to Rs 2 lakh per borrower from the existing Rs 1.6 lakh in view of inflation and rise in farm input costs. At present, banks are required to extend collateral-free agriculture loans up to...

Mumbai: The Reserve Bank of India Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent. The...

New York: Bitcoin has topped the USD 100,000 mark as a massive rally in the world's most popular cryptocurrency sparked by the election of Donald Trump rolls on. The milestone comes just hours after the President-elect signalled a lighter regulatory approach to the crypto industry...

Sambalpur: Mahanadi Coalfields Limited (MCL) has signed a Memorandum of Understanding (MoU) with Foundation for Technology Business Incubator (FTBI) located at National Institute of Technology (NIT), Rourkela, for supporting startups in Odisha, an official statement said. As per the provision of the agreement, MCL will...

Fixed deposits (FDs) have long been a preferred savings instrument for individuals seeking a safe and reliable investment avenue. For senior citizens, fixed deposits hold even greater appeal, thanks to the higher interest rates offered compared to standard deposits. These elevated sr citizen FD rates...