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2 mins read
Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…
ANI
2 mins read
At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study
Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…
1 min read
GST collection rises 10% to Rs 1.73 lakh crore in May
The gross GST collections in FY25 till May 2024 stood at Rs 3.83 lakh crore, which is a 1…
PTI
1 min read
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
2 mins read
Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil
Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…
ANI
6 mins read
How YouTube became a TV powerhouse and how much ad revenue it makes
YouTube dominates TV streaming, surpassing Netflix, with free content and live sports, making it in…
Lucia Moses
1 min read
Mahindra Q4 net profit rises 4% to Rs 2,754 crore; Revenue at Rs 35,452 crore
Mahindra & Mahindra on Thursday reported a 4 per cent increase in consolidated profit after tax (PA…
PTI
1 min read
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …
Jennifer Sor
1 min read
Netflix co-CEO explains why the company keeps increasing prices for ad-free plans
Netflix subscribers "want a higher diversity of shows, they want more quality shows," co-CEO Greg P…
Jaures Yip
3 mins read
In a bid to increase domestic coal output, Centre to auction 60 coal blocks today
In a bid to increase the coal production in India, the Union Minister of Coal and Mines G Kishan Re…
ANI
2 mins read
Salesforce plunges 21% after it reports its first revenue miss since 2006
"We would be buyers on weakness this morning as seeing the forest through the trees this is a turna…
Matthew Fox
2 mins read
Coal India's contribution to govt exchequer rises 6.4% to ₹60,140 crore in FY24
Total levies paid to the government in March 2024 also went up by 14.8 per cent to Rs 6,069.18 c…
PTI
2 mins read
Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24
One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…
ANI
3 mins read
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
2 mins read
Markets trade firm in early trade as GST revenues hit record in April
From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Phar…
PTI
2 mins read
GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…
ANI
1 min read
Alphabet's new dividend is helping reassure Meta-spooked tech investors
Alphabet is issuing its first-ever dividend. The news, plus an earnings beat and a new buyback plan…
Sarah Jackson
2 mins read
Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…
PTI
1 min read
A single customer made up 19% of Nvidia's revenue last year. UBS thinks it's Microsoft.
Nvidia has a handful of unnamed customers that are making up a massive chunk of its revenue base, a…
Matthew Fox
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…