India’s focus on expanding manufacturing sector key to create more formal, quality jobs

 New Delhi (IANS) India will need more formal and quality jobs to ensure better income distribution as it becomes a $5 trillion economy in the medium term and advances toward its long-term goal of embodying Viksit Bharat or a fully developed nation…

Broadband users in India reach 949.21 mn in August, 14.66 mn opt for number portability

New Delhi (IANS) The total number of broadband subscribers in India increased from 946.19 million in July to 949.21 million at the end of August, a monthly growth rate of 0.32 per cent, according to the government data on Saturday. 

Total wireless…

ICICI Bank clocks 14.5 pc net profit growth at Rs 11,746 crore in Q2 FY25

Mumbai (IANS) ICICI Bank on Saturday reported a 14.5 per cent growth in net profit at Rs 11,746 crore (year-on-year) in Q2 FY25, from Rs 10,261 crore in the year-ago quarter.  

The private sector lender’s net interest income (NII) increased…

YouTube Shopping expanded in India to empower creators, viewers

New Delhi (IANS) Google-owned YouTube on Friday announced to expand YouTube Shopping in India, offering new opportunities for creators to diversify their earnings and for viewers to discover products from their favourite channels. 

The YouTube…

India’s manufacturing industry regains growth momentum, hiring up in services sector

New Delhi (IANS) India’s manufacturing industry regained growth momentum in October and the acceleration was supported by quicker increases in factory production and services activity, according to a new report. 

India’s private sector economy…

Indian D2C jewellery segment garners $103 mn in funding this year, surpasses US

Bengaluru (IANS) The Indian direct-to consumer (D2C) jewellery segment, with over 550 startups, has garnered $103 million in funding this year to date, according to a report on Thursday.

In 2023, the D2C jewellery segment in India raised a…

Adani Total Gas clocks 7 pc jump in net profit at Rs 186 crore in Q2, revenue up 12 pc

Ahmedabad (IANS) Adani Total Gas Ltd (ATGL) on Thursday reported a seven per cent increase in consolidated net profit (year-on-year) at Rs 186 crore in Q2 FY25, while operational revenue saw a 12 per cent jump, reaching Rs 1,315 crore. EBITDA rose…

Indian insurance sector must cover vulnerable sections, tap 1 bn people by 2047: Report

New Delhi (IANS) Insurance sector in India grew at an impressive 15 per cent compound annual growth rate (CAGR) over the past two decades, with premiums reaching Rs 10.4 lakh crore in FY23, and there is immense potential for growth that remains untapped,…

India’s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Guv

New Delhi (IANS) India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the RBI Governor Shaktikanta Das has stressed, adding that the country is likely to see real GDP growth at…

Zomato clocks over 30 pc net profit loss in Q2, to raise Rs 8,500 crore via QIP

New Delhi (IANS) Online food aggregator Zomato on Tuesday reported over 30 per cent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25). 

Zomato's board…