BUSINESS

2 hours ago

RBI raises GDP growth projection to 7.2 pc for FY25

Mumbai: The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival

BUSINESS

4 hours ago

Payments outages due to failure in banks’ systems, not NPCI: RBI Guv

Mumbai: Governor Shaktikanta Das on Friday said the Reserve Bank of India has found that the public suffers challenges in executing online payment transactions because of problems in the banks’ systems, and

BUSINESS

4 hours ago

Investors’ wealth soars Rs 28.65 lakh cr in three days of market recovery after rout

New Delhi: Investors’ wealth has soared by Rs 28.65 lakh crore in the three-day rally to Friday in the stock markets, which saw benchmark Sensex recouping 4,614.31 points or 6.40 per cent

BUSINESS

1 day ago

RDD organizes 2-day capacity building training workshop on VRPR, GPDP

SRINAGAR: Secretary, Rural Development Department (RDD) and Panchayati Raj, Dr Shahid Iqbal Choudhary, on Thursday had an interactive session with Self Help Group (SHGs) and other participants of two-day UT-level capacity building

BUSINESS

1 day ago

Mandeep Kaur inspects Solid Waste Management Plant in Kunzer

TANGMARG: In a significant step towards enhancing urban sustainability and addressing environmental concerns, Commissioner Secretary Housing and Urban Development, Mandeep Kaur, today inspected Solid Waste Management (SWM) Plant in Kunzar. The Commissioner

BUSINESS

1 day ago

JKEDI holds EAP for students of GDC Tral

SRINAGAR: Jammu and Kashmir Entrepreneurship Development Institute (JKEDI), District Centre Pulwama in collaboration with Government Degree College, Tral organised an Entrepreneurship Awareness Programme (EAP) within the college campus. The awareness program was

BUSINESS

2 days ago

Investors become richer by Rs 13.22 lakh cr as markets bounce back after rout

New Delhi: A day after facing massive erosion from their wealth, equity investors became richer by Rs 13.22 lakh crore on Wednesday with markets making a strong comeback. The 30-share BSE Sensex

BUSINESS

2 days ago

India’s service sector growth softens to 5-month-low, new export orders at 10-year high: PMI

New Delhi: India’s service sector growth eased to a five-month low in May amid fierce competition, price pressures and a severe heatwave, even as new orders from international markets expanded at the

BUSINESS

2 days ago

Lok Sabha election results: Nomura says India’s economic fundamentals remain robust

Singapore: India’s economic fundamentals remain robust, investment bank Nomura said on Wednesday after the results of the country’s general elections paved the way for Prime Minister Narendra Modi’s third consecutive term in

BUSINESS

3 days ago

UN says global public debt hit a record $97 trillion in 2023; developing countries are hard hit

Geneva: The United Nations said Tuesday that global public debt rose to a record $97 trillion last year, with developing countries owing roughly one-third of that — crimping their ability to pay

DoT defers spectrum auction to June 25

New Delhi: The Department of Telecom (DoT) on Tuesday postponed the spectrum auction by 19 days to June 25, as per information available on its website. According to amendments made in the

3 days ago

BUSINESS

Financial markets were given artificial booster dose by exit polls: Congress

New Delhi: As financial markets went for a tumble on Tuesday after the trends of the Lok Sabha poll results showed that the BJP was not getting a majority on its own,

3 days ago

BUSINESS

Director Agriculture visits SMF Gangbugh

SRINAGAR: Director Agriculture Kashmir, Chowdhary Mohammad Iqbal today visited Seed Multiplication Farm (SMF) Gangbugh and inspected different blocks of the farm. He also took stock of different agricultural activities and the crop

4 days ago

BUSINESS

NHAI hikes tolls across highways by 5%

New Delhi: Motorists using expressways will have to shell out more from Monday as the National Highways Authority of India (NHAI) has decided to hike tolls across the country by an average

5 days ago

BUSINESS

Oil producers led by Saudis extended supply cuts amid slack prices

Frankfurt: Saudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a move aimed at supporting slack prices that haven’t risen even amid turmoil in the Middle

5 days ago

BUSINESS

ATF price cut 6.5%, commercial LPG by Rs 69

New Delhi: Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg

6 days ago

BUSINESS

Windfall tax on crude petroleum cut to Rs 5,200/tonne

New Delhi: The government has reduced windfall tax on domestically-produced crude oil to Rs 5,200 per tonne from Rs 5,700 with effect from Saturday. The tax is levied in the form of

6 days ago

BUSINESS

India’s GDP expands 7.8% in Q4, 8.2% in FY24

New Delhi: India’s economy growth slowed to a four-quarter low of 7.8 per cent in the January-March period, but pushed the annual growth rate for FY24 to 8.2 per cent, mainly on

1 week ago

BUSINESS

Growth momentum to continue in Modi 3.0: FM Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Friday termed 8.2 per cent GDP growth in 2023-24 as ‘remarkable’ and said the growth momentum will continue in the “third term of the Modi

1 week ago

BUSINESS

Moody’s projects 6.8% GDP expansion in 2024 on strong growth, post-election policy continuity

New Delhi: Moody’s Ratings on Friday projected India to grow 6.8 per cent in the current year, followed by 6.5 per cent in 2025, on the back of strong, economic expansion, along

1 week ago

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