India's pharma exports clock double-digit growth amid surging demand in US, UK

New Delhi (IANS) India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK. 

India’s pharma exports grew by 10.45…

India’s net direct tax collections surge by 21 pc in FY25

New Delhi (IANS) India’s net direct tax collections have shot up by a robust 20.99 per cent for the financial year 2024-25 as of June 17 to Rs 4,62,664 crore, compared to Rs 3,82,414 crore in the same period of the preceding fiscal, according to the…

Sitharaman to hold pre-budget talks with India Inc, farmers’ bodies, state FMs this week

New Delhi (IANS) Finance Minister Nirmala Sitharaman will hold consultations with apex industry chambers, farmers’ associations and state finance ministers in the run-up to the full budget for 2024-25 that is expected to be presented in late July. 

Modi 3.0: Stock markets to touch new high in 1 yr, say global rating agencies

New Delhi (IANS) Indian stock markets have seen a robust rally since the new government's formation, closing at an all-time high in the last week. According to top rating agencies, the indices are set to gain new highs in the next 12 months.  

India's textile exports surge by 9.6 pc despite global headwinds

New Delhi (IANS) India’s textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions in major markets such as the European Union (EU), the US and West Asian nations,…

Hyundai Motor India files draft papers for Rs 25,000 crore IPO

Mumbai (IANS) Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO to raise around $3 billion (Rs 25,000…

Indian startups raise $202 million, over 100 pc jump from last week

New Delhi (IANS) The fundraising by the Indian startup ecosystem reclaimed its upward trend this week with nearly $202 billion via 21 deals. 

This is a massive over 100 per cent rise from last week when the startups secured about $98 million…

Sensex, Nifty trade lower on weak global cues

Mumbai (IANS) Indian frontline indices, Sensex and Nifty were trading in the red on Friday following weak global cues.  

At 9.40 a.m., Sensex was down 196 points or 0.26 per cent at 76,614 and Nifty was at 23,358, down 40 points or 0.17 per…

WPI inflation remains benign, likely to normalise by Sept-Oct: Experts

New Delhi (IANS) The inflation in food articles is expected to rationalise by September-October as many of the kharif crops will enter the markets and supplement the existing supply, industry experts said on Friday. 

According to figures released…

CII pegs India’s GDP growth at 8 pc for 2024-25

New Delhi (IANS) Confederation of Indian Industry (CII) expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri,…