India continues to outpace global peers on economic growth: Centre

New Delhi (IANS) As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the…

Govt capex, rising consumer spending to spur India's GDP growth in 2025-26: Report

New Delhi (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) is optimistic about India's economic outlook for 2025-26 as it expects the Government's continuing thrust on capital expenditure and an increase in consumer…

Tech Mahindra clocks 21.4 pc net profit drop at Rs 988 cr in Q3, revenue down 3.8 pc

New Delhi (IANS) IT and digital solutions provider Tech Mahindra on Friday reported 21.4 per cent drop in net profit at Rs 988 crore (quarter-on-quarter) in the October-December period of FY25, from Rs 1,257 crore in the same quarter last fiscal.

India's electronics goods exports clock 35 per cent surge to record high in Dec

New Delhi (IANS) India's electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting the increase in foreign demand for high- value…

Infamous Hindenburg, which targeted Adani Group, faced intense scrutiny from Indian regulators

New Delhi (IANS) Infamous short-selling firm Hindenburg Research, which is now being disbanded as per an open letter from its founder Nate Anderson, has been under the radar of Indian regulators like the Securities and Exchange Board of India (SEBI)…

Indian stock market ends higher, Adani Ports among top gainers

Mumbai (IANS) India's domestic benchmark indices ended higher on Thursday as Adani Ports was among the top gainers. Sensex ended at 77,042.82 up by 318.74 points, or 0.42 per cent, and Nifty settled at 23,311.80, up by 98.60 points, or 0.42 per…

India’s macros remain robust, long-term growth prospects steady: Report

New Delhi (IANS) India’s macros (like fiscal consolidation, strong balance sheets and recovery in consumption) remain robust amid slowing global growth and the country's long-term growth prospects remain steady, projected at 6.5 per cent real…

India's goods and services exports clock 6pc growth to scale $602bn mark in April-Dec

New Delhi (IANS) India's total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in the same period of the previous financial year,…

Banks hike interest rates on FDs amid fierce competition for deposits

Mumbai (IANS) Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as SBI and HDFC were the first to raise interest rates on FDs, smaller banks such as IDBI have followed suit for…

Apple clocks Rs 1 lakh crore worth iPhone exports from India in 2024: Industry

New Delhi (IANS) Riding on the government’s production-linked incentive (PLI) scheme and rising premiumisation trend, Apple has reached Rs 1 lakh crore in iPhone exports from India in the calendar year 2024. 

According to early industry estimates,…