India’s domestic air traffic posts double-digit growth in November

New Delhi (IANS) India’s commercial airlines flew 1.42 crore passengers on domestic routes in November this year, which represents a robust 12 per cent increase compared to the same month in the previous year, according to figures compiled by the…

Reliance Industries' stock tanks 23 pc from its July high

Mumbai (IANS) The stock of Reliance Industries Limited (RIL), India's largest company by market capitalisation, has slipped by 23 per cent from its highest level in July this year. 

If the stock fails to rise 5 per cent in the remaining…

Annual leasing volume in India’s logistics and industrial space to exceed 50 MSF in 2024

 New Delhi (IANS) Annual leasing volume in the logistics and industrial real estate space in India is likely to exceed 50 million square feet (MSF) for the third year in a row, and this strong momentum is likely to prevail in the coming year too,…

Reliance Jio loses over 1.6 crore subscribers in four months

New Delhi (IANS) Reliance Jio Infocomm Ltd, India's largest telecom operator, has seen a decline of nearly 1.65 crore subscribers over the past four months. 

Reliance Jio lost 37.6 lakh mobile subscribers in October, 79 lakh in September…

India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor

New Delhi (IANS) India is seeing at least 30 million new demat accounts being opened every year since 2021, and nearly every one in four is now a women investor, indicating an increasing prevalence of using capital market as a channel of financialisation…

CII seeks priority sector lending for new and emerging sectors

New Delhi (IANS) The Confederation of Indian Industry (CII) has sought reforms in India's Priority Sector Lending (PSL) framework to enable the setting up of more Development Finance Institutions (DFI) to provide funds to new and emerging sectors…

Central PSUs record 47 per cent jump in net profit for 2023-24, market cap doubles

New Delhi (IANS) Overall Net Profit of operating Central Public Sector Enterprises (CPSEs) rose to Rs 3.22 lakh crore in FY24 as against Rs 2.18 lakh crore in FY23 showing an increase of over 47 per cent, according to an official report. 

The…

GST meet: Ready-to-eat popcorn to become costly, tax up on used car sales by businesses

New Delhi/Jaisalmer (IANS) Ready-to-eat popcorn is set to attract varying GST rates based on its preparation and packaging, it was decided in the 55th GST Council meeting on Saturday. 

For popcorn (mixed with salt and spices), it retains the…

Cabinet hikes MSP for Copra to Rs 12,100 per quintal

New Delhi (IANS) The Cabinet Committee on Economic Affairs on Friday hiked the Minimum Support Price (MSP) for fair average quality of milling copra to Rs 11,582 per quintal and for ball copra to Rs 12,100 per quintal for the 2025 marketing season,…

PLI scheme achieves Rs 1.46 lakh crore investment, FDI inflows up 26 pc

New Delhi (IANS) From achieving Rs 1.46 lakh crore in investment under the product-linked incentive (PLI) scheme to 26 per cent increase in FDI inflows (year-on-year) in Q1 this fiscal (FY25), the Department for Promotion of Industry and Internal…