Business

New Delhi: Riding on the government's production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said Monday. The tech giant...

New Delhi: S&P Global Ratings Monday revised down its estimate for India's economic growth in the next two financial years as high interest rate and lower fiscal impulse temper urban demand. In an update to its economic forecast for Asia-Pacific economies after US election results,...

Mumbai: Benchmark equity indices Sensex and Nifty surged more than 1 per cent Monday, helped by a rally in blue-chip stocks and the BJP pulling off a stunning performance in Maharashtra, winning a record number of seats to propel the party-led ruling Mahayuti alliance to...

Mumbai: Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks Monday, say analysts. Stock markets witnessed a spirited recovery Friday with benchmark Sensex and Nifty notching the best single-day...

New Delhi: A fresh plea has been filed in the Supreme Court seeking a probe into the indictment of billionaire industrialist Gautam Adani who has been charged in the US for alleged bribery and fraud, saying the move "unveiled malpractices carried out by the conglomerate"....

New Delhi: Eight of the top-10 most valued domestic firms together added Rs 1,55,603.45 crore in market valuation last week, with HDFC Bank and Tata Consultancy Services emerging as the biggest gainers, in tandem with firm trend in equities. Last week, the BSE benchmark zoomed...

New Delhi: The Indian agritech landscape has significant growth potential to bridge the technological gap, with the country currently boasting 19 agritech soonicorns and 40 minicorns embracing emerging technologies like AI and developing innovative business models, according to a new RBI paper. Although only one...

New Delhi: Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows...

Bhubaneswar: The Odisha government has been showcasing a new variety of 'Karuna silk' which is produced without harming silkworms and minus chemical dye at the International Trade Fair in New Delhi, an official statement said. Promoted by Odisha government's Handlooms, Textiles and Handicrafts Department, the...

New Delhi: The internationalisation of the unified payments interface (UPI) is progressing rapidly, as India emerges as a world leader in leveraging digital technologies for transformative change, according to a Reserve Bank of India (RBI) report. The UPI hit a milestone of 16.6 billion transactions...