Reliance Industries posts gross revenue of Rs 2.57 lakh crore for Q1 FY25

Mumbai (IANS) Reliance Industries on Friday reported quarterly gross revenue of Rs 2.57 lakh crore ($30.9 billion) for Q1 FY25, up 11.5 per cent year-on-year, led by order-to-cash (O2C) on higher oil and product prices and oil & gas segment with strong…

Sensex, Nifty trade lower on weak global cues

Mumbai (IANS) Indian equity indices opened in the red on Friday following weak global cues from Asian peers. 

At 9:45 a.m., Sensex was at 81,196, down 146 points or 0.18 per cent and Nifty was down 75 points or 0.34 per cent, at 24,716.

Union Budget: Lower Customs duty on import of medical devices, say experts

New Delhi (IANS) Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering Customs duty on import of global medical devices. 

Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024 on July…

Consumption of natural gas rises by 7 pc in June as more Indians switch to green fuel

New Delhi (IANS) The consumption of natural gas in India went up 7.1 per cent in June to 5,594 million metric standard cubic metres (MMSCM), this year compared to the same month last year, as more households across the country are using the fuel for…

Indian exports remain resilient in Q1 FY25, core goods show positive growth

New Delhi (IANS) Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive…

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…

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…

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…

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 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…