Pakistan's economic outlook uncertain amid political instability: ADB report
Islamabad: The Asian Development Bank (ADB) on Thursday said that Pakistan's economic outlook is uncertain, with significant downside risks due to current political instability, media reported.
US chipmakers refuse to move focus from Chinese market despite Washington's restrictions
China continues to be a key market for a chunk of American chipmakers even as the United States tightens control on chip sales to the country and amid Beijing’s intense efforts for self-sufficiency in the semiconductor sector, media reports said.
Japan ready to take all appropriate measures to check 'excessive volatility' in yen
Tokyo: Japan is ready to take all appropriate measures in response to excessive swings in its currency and is analysing the recent weakness in yen alongside its causes, said Finance Minister Shunichi Suzuki, media reported.
India's Feb Industrial Production grows by 5.7%, best performance in 4 months
New Delhi: India's Index of Industrial Production (IIP) increased by 5.7 percent in February, compared to 3.8 percent in January, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.
GQG Partners, SBI Mutual Fund invest in Vodafone Idea: Report
Mumbai: GQG Partners, an investment firm, and State Bank of India Mutual Fund are contemplating a combined investment of around $800 million in the $2.16 billion share offering of telecom company Vodafone Idea, media reported.
India's March retail inflation drops to 4.85%, lowest in 10 months
New Delhi: India's primary retail inflation rate dropped to its lowest point in ten months at 4.85 percent in March, according to data released by the Ministry of Statistics and Programme Implementation on Friday.
Mumbai: IT giant Tata Consultancy Services (TCS) on Friday reported a consolidated net profit of Rs 12,434 crore for the January-March quarter, a growth of more than 9 percent compared to Rs 11,392 crore recorded in the same period last year.
Sensex falls 793.25 pts as market ends
The BSE Sensex on Friday dropped 793.25 pts to settle below 75K to 74244.90 on profit booking along with FPI sold off influenced by US inflation.
Adani Green Energy is now India's first firm to surpasses 10000 MW renewable energy
Adani Green Energy Limited (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, has surpassed 10,000 megawatts (MW) of operational portfolio, delivering 'reliable, affordable, and clean power' to the national grid, the company said.
Edelweiss Alternatives backed platform acquires L&T Infrastructure Development Projects Ltd
Mumbai: Edelweiss Alternatives backed platform concludes acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL)
Cupid Ltd inks deal for supply of female condoms to Brazil worth Rs 23 cr
Mumbai: Condom maker Cupid Ltd on Wednesday said it has signed an agreement to supply 5.9 million pieces of Female Condoms (FC) in Brazil.
Bridgestone India introduces TURANZA 6i new premium tyre for premium passenger vehicles
Kolkata: Bridgestone India Wednesday launched its new generation tyre Bridgestone TURANZA 6i for the passenger vehicles segment.
Abu Dhabi: 3AI Holding Limited, a global AI investment firm based in Abu Dhabi, that invests in AI infrastructure and AI foundational companies, Wednesday announced that it has entered into a strategic partnership with SML India, allowing them to jointly own ‘Hanooman’, India’s multilingual GenAI platform, a press release said.
IndiGo becomes world's 3rd largest airline by market capitalisation after stocks hit new high
Mumbai: IndiGo Airlines became the world's third largest airline on Wednesday in terms of market capitalisation as stocks of its operator InterGlobe Aviation Limited climbed to a new record high on April 10 by trading 5 percent higher at Rs 3,801 apiece during afternoon trade, thus bolstering their gains for the fourth day in a row, media reports said.
Centre approves 11 EV manufacturers for incentives under EMPS 2024: Report
New Delhi: The Ministry of Heavy Industries has given the green light to 11 electric vehicle (EV) makers, such as Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to qualify for incentives as part of the newly launched Electric Mobility Promotion Scheme (EMPS) 2024.