Equity indices extend gains, Power Grid top gainer

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) extended gains from the previous session in early trade on Thursday.

At 9.30 a.m., the S&P BSE Sensex traded at 57,992 points, up 0.5 per cent.

It opened at 57,781 points from the…

Swiggy to infuse Rs 5,250 Cr in quick grocery service Instamart

Bengaluru (IANS) Online food delivery platform Swiggy on Thursday announced to invest $700 million (over Rs 5,250 crore) in its express grocery delivery service Instamart that delivers groceries in 15-30 minutes -- at a crucial time when its closest…

Maruti Suzuki's shares jump nearly 4% as Co raises prices of select models

New Delhi (IANS) Shares of automobile major Maruti Suzuki rose nearly 4 per cent on Wednesday after the company announced an increase in prices of all non-cargo variants of its Eeco van.

Accordingly, shares of the automaker settled 3.3 per…

India's Apr-Oct fiscal deficit over 36% of FY22 target

New Delhi (IANS) India's April-October budgetary fiscal deficit reached 36.3 per cent of the FY22 target.

As per the data furnished by the Controller General of Accounts (CGA), the fiscal deficit -- the difference between revenue and expenditure…

Real estate sector to contribute 13% to India's GDP by 2025

According to a report released in August by the Indian Real Estate Industry, the real estate market is all set to reach a market size of $1 trillion by 2030, and will contribute 13 per cent to the GDP by 2025.

The report also predicts…

Nissan to invest $17.6 bn in EV development over next 5 years

Tokyo (IANS) As the adoption of electric vehicles enters top gear globally amid rising petrol-diesel prices, Japanese auto-maker Nissan on Monday said it will invest $17.6 billion (2 trillion Yen) in developing new EVs and battery technology over…

Investors' money top concern as India prepares to see Crypto bill

New Delhi (IANS) With India preparing to introduce the much-awaited Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, in the Winter Session of the Parliament beginning November 29, all eyes are on what will happen to the Indian…

Future Retail says Amazon tried to browbeat CCI

New Delhi (IANS) Future Retail Limited (FRL) said on Sunday that it firmly believes that the Competition Commission of India (CCI) will not be intimidated by this arrogance of Amazon and will take action on its show cause notice (SCN) against Amazon…

'Gold Bond' VIII to be issued at Rs 4,791 per gram

New Delhi (IANS) The issue price for Sovereign Gold Bonds' next series has been fixed at Rs 4,791 per gram of gold.

According to the Ministry of Finance, the Sovereign Gold Bond Scheme 2021-22 (Series VIII) will be opened for subscription…

Specialised groups to address exporters' banking challenges: Minister

New Delhi (IANS) Centre's specialised groups will address banking challenges faced by exporters, said Union Minister of State for Finance, Dr Bhagwat Kishanrao Karad.

Speaking at the 'Banking Conclave on Exports' organised by FIEO…