Budget's focus on inclusive growth, says FM Sitharaman

New Delhi (IANS) Finance minister Nirmala Sitharaman has said that the economic agenda for the government's vision focuses on facilitating opportunities for citizens, providing strong impetus to growth and job creation as well as strengthening…

Union Budget 2023-24: Domestic manufacturing gets push, customs duty on kitchen chimney, toys hiked

New Delhi (IANS) With aim to promote domestic manufacturing, Union Finance Minister Niramala Sitharaman, in Budget 2023-24, provided relief in customs duty on import of certain parts and inputs like camera lens and lithium-ion cells for batteries…

Indian economy remains a 'bright spot', says IMF

Washington (IANS) India's economy has retained the crown of "a bright spot" in the International Monetary Fund's latest World Economic Outlook report released on Monday and it is slated to account for half of the global growth in 2023, compared…

Combined index of eight core industries rose 7.4% in Dec 2022

New Delhi (IANS) The combined index of eight core industries rose to 7.4 per cent in December 2022 against 4.1 per cent in the corresponding month of 2021, according to official data released on Tuesday.

In April-December 2022, the core industries'…

India one of the fastest-growing insurance markets in the world: Eco Survey

New Delhi (IANS) India is one of the fastest-growing insurance markets in the world and is expected to emerge as one of the top six insurance markets by 2032, according to the Economic Survey 2022-23 that was presented in the Parliament on Tuesday.

January vehicle sales expected to be good: Emkay Global

Chennai (IANS) Sales of passenger vehicles (PV), commercial vehicles (CV) in January 2023 are expected to be good as per its channel checks, said Emkay Global Financial Services.

According to Emkay Global, it had conducted a channel check to…

Meeting of G-20 International Financial Architecture Working Group inaugurated

New Delhi (IANS) The two-day meeting of the first International Financial Architecture Working Group of G-20, being held under the chairmanship of India, was inaugurated on Monday by Union Minister of Agriculture and Farmers Welfare, Narendra Singh…

SEBI may probe short selling to hammer down Indian markets

New Delhi (IANS) Markets regulator, SEBI is likely to probe short selling in the Indian stock markets in the last few days.

Sources said Indian markets have been under onslaught in the last few trading sessions and a probe will ascertain the…

Naked short selling not permitted in Indian markets

New Delhi (IANS) Naked short selling is not permitted in the Indian securities market and all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement.

As per SEBI norms, short…

Hindenburg fraud type assertions are devoid of facts: Adani Group

New Delhi (IANS) The Adani Group has said that accounting (or fraud type assertions) "investigation" by Hindenburg Research are devoid of facts.

Of Adani portfolio's nine public listed entity's, eight are audited by one of the Big 6.