Business

New Delhi: The output of eight key infrastructure sectors rose by 4.6 per cent in January against a 4.2 per cent expansion in the same month of last year, according to official data released Friday. The key infrastructure sectors' output expanded by 4.8 per cent...

New Delhi: The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA). In actual terms, the fiscal deficit- the gap between expenditure and revenue- was Rs...

New Delhi: India's economic growth decelerated to 6.2 per cent in the third quarter of 2024-25, mainly due to poor performance by the manufacturing and mining sectors. The Indian economy recorded a growth of 6.2 per cent in the third quarter of the current fiscal...

Mumbai: Benchmark indices Sensex and Nifty tumbled nearly 2 per cent Friday, mirroring deep losses in global markets after the latest announcement of additional 10 per cent tariff on Chinese products rattled investors. The 30-share BSE benchmark Sensex tanked 1,414.33 points or 1.90 per cent...

Mumbai: The rupee depreciated 28 paise to close at 87.46 (provisional) against the US dollar Friday, as the strength of the American currency and a negative trend in domestic equities dented investor sentiments. Forex traders said the ongoing uncertainty surrounding tariff imposition by the US...

New Delhi: India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said Friday. To achieve this goal, India would require reforms in the financial sector as well as in the land and...

New Delhi: The government Thursday appointed Finance Secretary Tuhin Kanta Pandey as the 11th chairman of the capital market regulator, Securities and Exchange Board of India (SEBI). The Odisha-cadre Indian Administrative Service (IAS) officer would replace Madhabi Puri Buch, who completes her three-year tenure Friday...

Mumbai: The Indian stock market crashed Friday on weak global cues, with the Sensex and Nifty falling over 1.26 per cent in the morning trade, as US President Donald Trump created a stir in the global markets with the announcement of trade tariffs. Trump confirmed...

New Delhi: Finance Minister Nirmala Sitharaman Thursday said India needs to ramp up its bilateral relations for trade and investment, as the world is witnessing a churn, and bilateralism seems to be the new catalyst tool. Speaking at BS Manthan, the Finance Minister said these...

Guwahati: The World Bank has reaffirmed its positive outlook on India's economic growth, urging global companies to invest in the country. Speaking at the 'Advantage Assam 2.0 Business Summit' here, World Bank Country Director, Auguste Tano Kouame, dismissed worries over short-term fluctuations, calling India “the...