Business

"India is rapidly emerging as a global center for high-tech manufacturing, driven by progressive initiatives like the Production Linked Incentive (PLI) scheme and the consistent efforts of the Indian government," Chandrasekhar stated in a post on X.

Warq making is a herculean task. For long hours, the workers sit pounding leather packets with hammers to make the flimsy silver or gold foils. Small pieces of silver and gold are purchased from local gold and silver merchants

However, summer heat poses high upside risks to food prices in addition to elevated geopolitical risks and tariff war

In October 2018, RBI had released its ‘Dissent Note’ against having a regulator for payment systems outside the central bank

The Reserve Bank of India had transferred Rs 2.1 lakh crore dividend to the government for the fiscal 2023-24. It was Rs 87,416 crore for 2022-23

Apple, led by CEO Tim Cook, in response to Trump’s tariffs on China is looking to shift iPhone manufacturing to India as it adjusts supply chains

RIL chairman and managing director said his group will invest in setting up a 150-bed cancer hospital in Manipur. Adani committed to investing an additional Rs 50,000 cr over next 10 years in green energy, road construction and creating digital infrastructure in North Eastern states

Premji, in the fiscal year 2023-24, did not take any commission since the company’s incremental consolidated net profit for the year was negative, and took a pay cut of about 20 per cent

Delhi, Hyderabad and Mopa (Goa) airports are operated by entities that are part of GMR Airports Ltd. The company had a loss of Rs 168 crore in the year-ago period

The prices of the Roadster X+ series start at Rs 99,999 for the 2.5kWh variant, Rs 1,09,999 for the 3.5kWh variant, and Rs 1,24,999 for the 4.5kWh model

Naidu met three Union Ministers here and sought the Centre's support for the State's renewable energy initiatives, a defence manufacturing hub proposal and a major water transfer project.

After a flat start to the trade, the 30-share BSE benchmark gauge Sensex bounced back and jumped 953.18 points to 81,905.17 in late morning deals. The NSE Nifty surged 299.35 points to 24,909.05

Addressing a roundtable comprising industry leaders and academia here, Vaishnaw, urged stakeholders to accelerate the development of a future-ready workforce to drive India’s manufacturing growth

Goyal held a meeting with Lutnick to expedite the talks on the first phase of the trade pact

Forex traders noted that expectations of an RBI rate cut in the upcoming MPC meeting—driven by easing food and energy prices—are dampening short-term sentiment for the rupee, despite the potential for such a move to support long-term economic growth.

Following a lacklustre opening, the 30-share BSE benchmark Sensex recovered and rose by 219.05 points to reach 81,171.04, while the NSE Nifty advanced 111.2 points to 24,720.90.

With this move, Bajaj will transition from being a significant minority investor to the majority owner of KTM, a global leader in premium off-road and street motorcycles

Accenture is one of the largest employers in the Indian IT services sector, with over 3,00,000 staff

Built on the Qualcomm AI chipset Snapdragon 8 Elite Mobile Platform, the device has been priced in the range of 1.09 lakh to Rs 1.22 lakh apiece 

Accounting fraud plunges IndusInd Bank into a Rs 2,329-crore loss for the January-March quarter

During a post-earnings call, IndusInd Bank’s board said it suspects certain employees involved in financial reporting and accounting may have committed fraud

Forex traders noted that the broad-based weakness in the dollar, with the DXY slipping to the 99 level, is likely to support the rupee in the short term. However, the shrinking yield gap between India and the US is diminishing the appeal of Indian assets.

The 30-share BSE benchmark Sensex plunged 578.3 points to 81,018.33 in early trade, while the NSE Nifty dropped 203.45 points to 24,610.

The Indian jewellery industry is undergoing clear segmentation, with consumers increasingly seeking pieces that reflect their personality, says Candere Director Ramesh Kalyanaraman