YouTube creators contributed Rs 6,800 cr to Indian economy in 2020

Mumbai (IANS) YouTube's growing creator ecosystem is generating considerable economic value for the indian market and contributed Rs 6,800 crore to the country's GDP, while supporting 6.83 lakh full-time equivalent jobs in 2020, the Google-owned…

India's Feb 2022 exports up 22%, imports rise 35%

New Delhi (IANS) India's merchandise exports in February 2022 rose to $33.81 billion, higher by 22.36 per cent on a year-on-year basis, preliminary data showed on Wednesday.

Exports in February 2021 stood at $27.63 billion.

According…

Healthy demand accelerates growth of India's manufacturing sector in Feb: PMI

New Delhi (IANS) India's manufacturing sector's growth sequentially rose in February 2022 due to robust demand.

Accordingly, the seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) came in at 54.9…

Being forced to bid adieu the company I founded: Ashneer

New Delhi (IANS) Ending months-long saga that kept the fintech platform BharatPe in headlines for all the wrong reasons, its Co-founder and Managing Director Ashneer Grover has finally quit minutes after receiving the agenda for upcoming Board meeting,…

Metal stocks surge on Russia-Ukraine war, Nifty metal up 5%

New Delhi (IANS) Shares in the metal space have witnessed sharp gains on Monday as tensions between Russia and Ukraine are expected to turn India's metal sector attractive.

The Nifty metal index rose 5 per cent on Monday.

"Metal…

Adani Wilmar shares rally as Russia-Ukraine war threatens India's sunflower imports

New Delhi, (IANS) At a time when the equity segment has been going through a sharp correction amid the Russia-Ukraine war, shares of Adani Wilmar rose around 10 per cent overall in the trading week that ended on Friday.

The shares of the company…

Chipset market grows 5% as Russia-Ukraine war threatens global supply

New Delhi (IANS) Amid the global chip shortage that is going to worsen with the Russia-Ukraine war, a new report has shown that the global smartphone AP (Application Processor)/SoC (System on Chip) chipset shipments grew 5 per cent (on-year) in the…

Release of US oil inventories douse Crude prices

New Delhi (IANS) Rise in the US oil inventories along with assurance of energy supply from Russia doused international crude oil prices on Friday.

The price movement comes a day after the Russia-Ukraine war pushed Brent Crude Oil prices to…

Indian equities open positive; Sensex jumps over 1,000 pts

New Delhi (IANS) India's key indices -- S&P BSE Sensex and NSE Nifty50 -- recovered considerably on Friday morning due to value buying.

Even as the equity markets are expected to be volatile in the next few days, there is nothing to worry…

10% rise in oil prices leads to an increase of $15 bn in India's current account deficit

New Delhi (IANS) For every 10 per cent increase in crude oil prices, the wholesale price index in India increases by 0.9 per cent - 1 per cent and the consumer price index by 0.4 per cent - 0.6 per cent.

A 10 per cent rise in oil prices leads…