Business

July 7, 2023 10:04 AM

Sensex scales new peak despite weak

MUMBAI: A hawkish US central bank and sharply lower Asian markets notwithstanding, Dalal Street continued to rally on Thursday with the sensex closing 340 points up at 65,786, a new all-time high closing level. The day's gains came on the back of str...

July 20, 2023 3:27 PM

India to sustain growth in more durable way

NEW DELHI: The Indian economy has carried the momentum from FY23 into current fiscal year and high-frequency indicators paint a healthy picture of state of the economy, a finance ministry report said. But it also cautioned that it is no time to rest ...

hdfc-bank-merger-how-will-it-impact-home-loan-borrowers

July 21, 2023 12:43 PM

HDFC Bank merger: What will change for HDFC home loan borrowers?

HDFC Bank, India's largest private sector lender, is likely to complete its merger with its parent, Housing Development Finance Corporation Ltd (HDFC), by June 30, 2023. Now, the question is how this merger will impact borrowers. The proposed merged...

July 11, 2023 1:35 PM

Bengaluru startup ecosystem ranked 20th on global list

BENGALURU: Bengaluru has clinched the 20th spot, moving up two places, in Startup Genome’s The Global Startup Ecosystems Report (GSER) 2023. While Silicon Valley remained on top, New York City and London were tied at No 2. With this, the top three ...

July 7, 2023 7:12 PM

Wholesale inflation eases to 3.85% in February

NEW DELHI: The wholesale price based inflation eased for the ninth consecutive month to 3.85 per cent in February on easing prices of manufactured items and fuel and power, showed the government data released on Tuesday. The wholesale price index (WP...

July 20, 2023 3:31 PM

Sensex hits fresh high four days in row

MUMBAI: The sensex's winning run continued on Tuesday as it closed at a record high for the fourth session in a row. Led by financial stocks, the sensex rose 274 points, or 0.4%, to 65,479 on Tuesday. In the last four sessions, the sensex has surged ...

Commerce-and-Industry-Minister-Piyush-Goyal

July 20, 2023 3:31 PM

Govt will be facilitator for startups, not regulator: Piyush Goyal

GURUGRAM: The government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator, Commerce and Industry Minister Piyush Goyal said on Tuesday. He said the sector should self-regulate its affairs, such as financ...

July 20, 2023 3:32 PM

How India Inc can harness CSR for effective environmental conservation

June 5 marked half-a-century of celebrating World Environment Day. Despite our collective efforts, these 50 years have been marked by rising temperatures and greenhouse gas (GHG) emissions, and their detrimental impact on our planet. Continuing GHG e...

July 20, 2023 3:32 PM

April-May finished steel imports from China at six-year high

NEW DELHI: India's finished steel purchases from China touched a six-year high in the first two months of the fiscal year beginning in April, according to provisional government data reviewed by Reuters, while its overall imports reached a three-year...

July 20, 2023 5:44 PM

Green hydrogen to be fuel of future; India largest market: Union Minister R K Singh

NEW DELHI: Green hydrogen is going to be the future fuel in India, Union Minister R K Singh said while urging investors to invest in the country to manufacture the clean energy source. The minister for power, new and renewable energy made the remarks...