India’s diamond imports drop 54 pc in August, country remains global dominant player

New Delhi (IANS) India’s diamond imports saw a 54 per cent decline in August compared to the same month last year, as the country remains a dominant player in the global diamond industry, responsible for producing 95 per cent of the world’s polished…

UPI surges to Rs 20.64 lakh cr in value in Sep, transactions jump to 15.04 billion

New Delhi (IANS) The Unified Payments Interface (UPI) surged to Rs 20.64 lakh crore in value in the month of September -- a 31 per cent growth (year-on-year) -- while the number of transactions jumped to 15.04 billion, a growth of 42 per cent YoY,…

Indian pharma companies to expand revenues by 9-11 pc in FY25

New Delhi (IANS) The Indian pharma companies are estimated to expand their revenues by a healthy 9-11 per cent in the current fiscal (FY25), a report showed on Monday. 

This will be driven by 9-11 per cent revenue growth from the US market,…

Sensex crashes by 1,272 points, investors lose Rs 4 lakh crore

Mumbai (IANS) Indian equity indices closed in the deep red on Monday, following profit booking at a higher level. 

At closing, Sensex fell 1,272 points, or 1.49 per cent, to 84,299 and Nifty fell 368 points, or 1.41 per cent, to 25,810.

Steel, fertilisers clock positive growth in August: Centre

New Delhi (IANS) The production of steel and fertilisers recorded positive growth in the month of August as the eight core industries’ index declined by 1.8 per cent (provisional) on an annual basis, the government said on Monday.  

Fertiliser…

National Centre of Excellence for AVGC sector to create 5 lakh jobs: Govt

New Delhi (IANS) India has the second-largest anime fan base globally and is projected to contribute 60 per cent to the worldwide growth in anime interest in the coming years. With the new National Centre of Excellence (NCoE) for the AVGC-XR (animation,…

FPIs infuse over Rs 1.71 lakh crore in India this year to date, IPOs surge: Centre

New Delhi (IANS) Foreign portfolio investments (FPIs) in India reached Rs 3,39,066 crore in the fiscal year 2023-24, underlining the resilience and attractiveness of the country’s financial landscape.

In the current fiscal, FPIs have pumped…

Tata Motors breaks ground for $9,000 cr facility in TN to manufacture SUVs, JLR

Chennai (IANS) Tata Motors on Saturday held the groundbreaking ceremony of its new Rs 9,000 crore facility in the state that will manufacture and export next-gen vehicles for Tata Motors and Jaguar Land Rover (JLR). 

Situated at Panapakkam…

India aims to become $3 trillion tourism economy by 2047

New Delhi (IANS) As India aims to become a $3 trillion tourism economy by 2047, it is fast becoming one of the world's most sought-after travel destinations with 14.3 million international tourists in 2022 and $17.6 billion in revenue. 

The…

Sensex trades near all-time high, Infosys and Wipro top gainers

Mumbai (IANS) Indian frontline equity indices were trading near record highs as heavyweight IT stocks like Infosys, Wipro, TCS and Tech Mahindra gained after a positive revision of Accenture's revenue guidance for FY25. At 9:49 a.m., Sensex was…