India's Domestic Air Passenger Traffic Hits 16.54 Crore in FY25

New Delhi – India's domestic air passenger traffic rose to 16.54 crore in FY25, reflecting a year-on-year (YoY) growth of 7.6 per cent and a significant 16.8 per cent increase compared to the pre-Covid level of 14.15 crore in FY20, according to…

Gokaldas Exports Q4 Profit Rises Despite Higher Expenses

Mumbai: Gokaldas Exports Limited, a leading apparel manufacturer and exporter, reported a robust performance for the fourth quarter (Q4) of FY25, with consolidated net profit rising 19.3% year-on-year (YoY) to ?52.86 crore, up from ?44.28 crore in…

Foxconn Commits Additional $1.5 Billion Investment to Expand Operations in India

New Delhi – Taiwanese tech giant Foxconn has announced a fresh investment of $1.5 billion to expand its footprint in India, as the Apple supplier continues to diversify its supply chain away from China.

The investment comes through Foxconn’s…

Airtel Offers 100GB Google One Cloud Storage Free for 6 Months to Customers in India

New Delhi – Bharti Airtel has teamed up with Google to offer its customers 100GB of free cloud storage through Google One for six months, aiming to help users tackle the growing issue of limited device storage.

The offer is available to all…

Indian rupee opens stronger, gold prices show upward trend

New Delhi (IANS) The Indian rupee opened 12 paise stronger at 85.44 against the US dollar on Monday, amid a backdrop of global economic developments and market reactions. 

The Indian rupee closed at 85.52 a dollar on Friday.

Meanwhile,…

Restrictions on Bangladesh RMG Imports to Boost Indian Apparel Industry: CITI

New Delhi – The Confederation of Indian Textile Industry (CITI) has welcomed the government’s decision to restrict the import of all types of readymade garments (RMG) from Bangladesh through land ports, stating it will raise import costs and open…

FPIs pump in Rs 8,831 crore into Indian equities, highest single-day inflow since March

Mumbai (IANS) Foreign Portfolio Investors (FPIs) continued their buying streak in Indian equities for the third straight session on Friday, mopping up shares worth Rs 8,831.1 crore -- the highest single-day inflow since March 27, according to provisional…

India’s Alcoholic Beverage Industry Set to Maintain Double-Digit Growth in FY26: CRISIL

New Delhi (IANS) – India’s alcoholic beverage (alcobev) industry is expected to maintain strong momentum in FY2025-26, with revenues projected to grow by 8–10% to ?5.3 lakh crore, according to a new report by CRISIL Ratings. This continues the robust…

India pharma market sees 7.4 pc growth in April over surge in chronic therapies

New Delhi (IANS) Indian pharma market (IPM) has seen a 7.4 per cent year-on-year (YoY) growth in April due to a surge in chronic therapies, according to a report. 

The monthly report by Motilal Oswal Financial Services showed that the IPM’s…

Indian tablet market grows 15 pc in Jan-March, 5G captures 43 pc share

New Delhi (IANS) The Indian tablet market witnessed a 15 per cent (year-on-year) and 13 per cent (quarter-on-quarter) growth in the January-March period (Q1), buoyed by sustained demand from both the consumer and enterprise segments, according to…