[ad_1] Market observers will closely track automotive sales data for early indicators as the new year begins. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Monday. While BSE Sensex was near 78,600, Nifty50 was above 23,750. At 9:16 AM, BSE Sensex was trading at 78,609.52, down…
[ad_1] NEW DELHI: The economy is likely to grow at 6.5-6.8% this fiscal and slightly higher between 6.7-7.3% in FY26, boosted by consumption, Deloitte said on Sunday. Deloitte India economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties followed…
[ad_1] NEW DELHI: India’s exports to its trade agreement partner Australia rose 64.4 per cent year-on-year to USD 643.7 million in November on account of healthy growth in sectors such as textiles, chemicals and agricultural products, according to the commerce ministry data. However, the country’s merchandise exports recorded a decline of 5.21 per cent year-on-year…
[ad_1] NEW DELHI: Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said. Movement of rupee, which registered the steepest fall in almost two years to hit its lifetime intra-day low on…
[ad_1] NEW DELHI: Industry body CII in its budget suggestions for 2025-26 has recommended lowering the excise duty on fuel to boost consumption, especially at the lower income level, arguing that fuel prices significantly drive inflation. The budget could also consider reducing marginal tax rates for personal income up to Rs 20 lakh per annum….
[ad_1] NEW DELHI: Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24. Employee attrition rates are high across select private sector banks and small finance banks…
[ad_1] NEW DELHI: A group of Akasa Air pilots continues to express discontent over alleged training concerns and seeking a thorough DGCA audit following the regulator’s decision to suspend two senior officials. Additionally, the pilots have informed the civil aviation ministry and DGCA about their plans to establish a pilots’ union.The Directorate General of Civil…
[ad_1] NEW DELHI: India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant challenges persist in pulses and oilseeds production as the country’s agricultural sector shows signs of robust recovery. The Agriculture Ministry’s initial projections paint an optimistic picture, with kharif (summer) foodgrain production estimated at a…
[ad_1] NEW DELHI: Osamu Suzuki, the former President Chairman & CEO of Suzuki Motor Corporation, died aged 94 on Wednesday afternoon from malignant lymphoma, as announced by the company on Friday.PM Modi paid tribute the business tycoon calling him “a legendary figure in the global automotive industry”. “Deeply saddened by the passing of Mr. Osamu…
[ad_1] NEW DELHI: Reserve Bank of India (RBI) on Friday said that users of prepaid payment instruments (PPIs) can now make and receive Unified Payments Interface (UPI) transactions from and to full-KYC-compliant PPIs via third-party mobile applications, expanding the scope of digital payment services, as stated in their circular.“A PPI issuer shall enable holders of…
