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2 mins read

Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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India's real estate rises to Transparent Tier in global rankings; Improvement to help attract major investments

India's real estate sector ranking has improved to the transparent tier in the Global Real Estate T…

ANI   


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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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Rising claims pose challenge for health insurance sector in India, says Jefferies

The health insurance sector may face challenges in the coming months due to rising claims and incre…

ANI   


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Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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4 mins read

India to introduce UPI payment service in Maldives

"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…

PTI   


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Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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3 mins read

India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report

Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…

ANI   


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India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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"A glorious moment for all Indians when Chandrayaan landed on moon" says President Murmu on National Space Day

President Droupadi Murmu, on Friday visits an exhibition to showcase space technologies and achieve…

ANI   


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India well-positioned to achieve 500 GW of renewable energy by 2030 as it progresses towards energy transition goals

In the first quarter, a record 26 GW of renewable projects were awarded through competitive tenders…

ANI   


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Piyush Goyal invites Malaysian businesses to invest in India's oil, gas, and electronics sectors

Union Minister Piyush Goyal stressed enhancing trade ties between India and Malaysia at the India-M…

ANI   


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Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman acknowledged uncertainties in India's garment sector prompted b…

PTI   


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1 min read

India's hospitality sector to see strong tailwinds; demand to outpace supply: Thomas Cook

The company reported a consolidated net profit of Rs 73.13 crore during the first quarter ended Jun…

PTI   


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1 min read

India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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India's power generation capacity rose to 4.46 GW in 10 years: MoS Power

As a result of these measures, the availability of power in rural areas has increased from 12.5 hou…

PTI   


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2 mins read

Budget proposals for marine sector to boost India's seafood exports, aquaculture: MPEDA

The Budget includes a range of strategic measures aimed at bolstering the competitiveness of marine…

PTI   


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4 mins read

India's office space absorption soars to 34.8 mn sq.ft in H1 2024: Savills India

This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnes…

ANI   


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Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales

The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …

PTI