We're leading energy transition for generations to come: Gautam Adani

New Delhi (IANS) It is our duty to take care of our planet - not only for this generation and the next but also for generations to come - and Adani Green Energy is leading an energy transition that honours this commitment, Adani Group Founder and…

S&P Global ups India’s growth forecast for 2024-25

Mumbai (IANS) S&P Global Ratings on Tuesday raised India's growth forecast for 2024-25 by 0.4 per cent to 6.8 per cent on the back of strong domestic demand.

"For Asian emerging market (EM) economies, we generally project robust growth,…

India’s CAD declines to 1.2 pc of GDP in Oct-Dec quarter reflecting stronger economy

Mumbai (IANS) India’s Current Account Deficit (CAD) declined to $10.5 billion (1.2 per cent of GDP) in the October-December quarter (Q3) of 2023-24 from $16.8 billion (2.0 per cent of GDP) in the same quarter of 2022-23, according to official figures…

Three-day week ahead to make markets extra volatile

Mumbai (IANS) Markets in the week gone by were volatile and choppy. Traders and investors were shaken looking at the intraday volatility, where markets opened positive and then turned negative and vice versa. At the end of the week, they gained on…

Maruti Suzuki acquires stake in homegrown AI startup Amlgo Labs

New Delhi (IANS) Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.

With an investment of over Rs 1.99 crore, Maruti Suzuki will own…

Indian IT stocks expected to fall tracking lowered revenue outlook by Accenture

New Delhi (IANS) Nifty IT index corrected 5.5 per cent in the last one month and underperformed broader markets by 4.6 per cent on account of muted guidance provided by some of the global services peers for CY24, Emkay Global Financial Services said.

Spreads of India steel players likely to be under pressure driven by lower realisations

New Delhi (IANS) Indian steel markets witnessed an unexpectedly soft quarter with average prices down 3-4 per cent sequentially, domestic brokerage firm JM Financial Institutional Securities said.

Spreads of India steel players are likely to…

Gold prices soar to historic high of Rs 66,778 per 10 gms

Mumbai (IANS) Gold prices jumped to a historic high of Rs 66,778 per 10 grams on the MCX in morning trade on Thursday following the US Federal Reserve maintaining its outlook for a soft money policy with at least three rate cuts this year.

Prices…

Sensex up more than 700 points

New Delhi (IANS) The BSE Sensex on Thursday climbed 743.95 points or 1.03 per cent to 72,845.64 in early trade.

NTPC, IndusInd Bank are top gainers - up by 3 per cent.

The uncertainty regarding the Fed decision is over with the Fed keeping…

Jupiter Wagons announces acquisition of Bonatrans India for Rs 271 crore

Chennai, (IANS) Railway wagon and passenger coach major Jupiter Wagons Limited (JWL) announced the acquisition of Bonatrans India Private Limited (BIPL) for a sum of Rs 271 crore on Thursday.

This strategic move marks a significant milestone…