India’s booming manufacturing sector creates more job opportunities than ever: Report

Bengaluru (IANS) India's manufacturing sector is booming which has created more job opportunities as the sector is looking for new skills, a new report showed on Tuesday. 

Between June 2022 and June this year, the manufacturing industry…

Average revenue per user for Indian telcos to cross Rs 225 next fiscal: Report

New Delhi (IANS) As the data usage surges in India amid tariff hikes, the average revenue per user (ARPU) per month will increase by 25 per cent to Rs 225 in the next fiscal (FY26), a report showed on Tuesday.

The industry ARPU should dial…

Union Budget likely to focus on agriculture, welfare schemes & job creation: CareEdge

Mumbai (IANS)  The Union Budget will focus on supporting consumption via higher allocation for the rural economy, welfare schemes and agriculture with higher allocations for schemes like PMAY and MNREGA, according to a CareEdge Ratings report released…

India’s automobile exports clock 15.5 pc growth in April-June quarter

New Delhi (IANS) India’s automobile exports clocked a robust 15.5 per cent growth in the April-June quarter of the current financial year compared to the same period in the previous year, according to data compiled by the Society of Indian Automobile…

India’s goods & services exports jump 8.6 pc to cross $200 bn in April-June

New Delhi (IANS) India’s goods and services exports increased by 5.4 per cent in June to $65.47 billion while the cumulative overall growth of exports during the April-June quarter this year rose 8.6 per cent to $200.33 billion, according to figures…

India’s defence exports record over 30-fold quantum leap in last 10 years

New Delhi (IANS) India’s defence exports have recorded a 30-fold quantum leap over the last 10 years from a mere Rs 686 crore in the financial year 2013-14 to a record Rs 21,083 crore in FY 2023-24, reflecting the global acceptability of Indian defence…

Markets at uncomfortable levels – Book profits

New Delhi (IANS) It was an action-packed week, with markets volatile but range-bound for the first four days. On Friday, it appeared that markets had taken steroids and gained sharply, making new highs on an intraday basis as well as a closing basis.…

Mutual funds raise Rs 14,370 crore via new fund offers in June

Mumbai (IANS) Mutual fund industry witnessed strong inflow via new fund offers (NFOs) in June as 11 NFOs of different fund houses collected Rs 14,370 crore last month.  

It is the highest-ever inflow in new offerings. The previous high was…

Sensex trades higher on positive global cues

Mumbai (IANS) Indian equity benchmarks opened in the green on Friday following positive global cues. 

At 9:50 a.m., Sensex was up 282 points or 0.35 per cent at 80,180 and Nifty 50 was up 104 points or 0.43 per cent at 24,420.

Buying…

Markets at new all-time high, Nifty trades above 24,500 for first time

Mumbai (IANS) India equity benchmarks are trading at record highs on Friday following buying in the IT stocks. 

Sensex and Nifty both made new all-time highs of 80,893 and 24,592 respectively.

At 12.50 a.m., Sensex was at 80,482, up…