[ad_1] NEW DELHI: Senior officials from the commerce ministry, and commercial wings of Indian Missions of 20 countries will hold a three-day meet, beginning here on Monday, to discuss ways to promote exports of goods and services, an official said. Commerce and Industry Minister Piyush Goyal will also interact with these commercial representatives on January…
[ad_1] NEW DELHI: Businesses in India’s household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.The global financial services group attributed continued unexciting consumer demand environment to climatic conditions — extended monsoon season and…
[ad_1] NEW DELHI: India’s foreign exchange reserves have been on a consistent decline for the past three months. As per the latest data from the Reserve Bank of India (RBI), the country’s forex reserves fell by $ 4.112 billion in the week ending December 27, reaching $ 640.279 billion. This marks the twelfth decline in…
[ad_1] The World Bank is set to approve a $20 billion package for Pakistan, marking the launch of a 10-year initiative to shield development projects from political instability. The programme, “Pakistan Country Partnership Framework 2025-35“, will target crucial areas of improvement in Pakistan’s most neglected sectors, with a focus on long-term, stable development, according to…
[ad_1] NEW DELHI: The upcoming annual budget for FY26 could announce further measures to boost employment generation, CII said on Sunday, emphasising that job creation at a mass scale is important to engage the young population productively, and drive inclusive growth in the world’s most populous nation. The industry body has suggested a seven-point agenda…
[ad_1] NEW DELHI: Neelkanth Realtors, a Mumbai-based real estate developer, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering. The Initial Public Offering (IPO) is entirely a fresh issuance of up to 1.35 crore equity shares with a face value of Rs 10 each, according to the…
[ad_1] Foreign portfolio investors (FPIs) withdrew Rs 4,285 crore from Indian equities during the first three trading days of January, reflecting apprehension ahead of the third-quarter earnings season and concerns over high stock valuations. This follows a net inflow of Rs 15,446 crore in December 2023, according to depository data.This shift in investor sentiment is…
[ad_1] In the coming week, domestic stock markets are set to concentrate on various factors, including corporate earnings, foreign portfolio investment (FPI) trends, and crucial economic indicators like Fiscal Year GDP Growth and the Index of Industrial Production (IIP).Market experts also highlighted the importance of the outcome of US National Security Adviser Jake Sullivan’s visit,…
[ad_1] MUMBAI: Bank of Baroda reported provisional figures as of Dec 31, 2024, showing a substantial growth in retail lending, which helped the bank achieve an 11.7% year-on-year increase in global business to Rs 25.6 lakh crore.The bank’s global advances increased by 11.7% to Rs 11.7 lakh crore as of December 2024, while global deposits…
[ad_1] MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank up to 9.5% of their share capital.RBI, through letters dated Jan 3, granted approval to HDFC Bank, as the…
