Indian oil PSUsā dividends stuck in Russia balloon to around $900 million as repatriation efforts flounder
The issue has also featured in government-to-government discussions between New Delhi and Moscow, but a resolution is still awaited due to various complications arising from Western sanctions on Moscow and its energy sector.
Slowing petroleum exports drive Indiaās goods export lower by 9% in August; trade deficit widens to 10-month high of $30 billion
The World Trade Organisation (WTO) Goods Trade Barometer earlier this month said that global trade could improve in the second half of the year.
Exports to Bangladesh slip 28% in Aug; Crisil flags risk to export-oriented units
Trade data showed that cotton exports, which is Indiaās primary export commodity to Bangladesh, slipped nearly 10 per cent to 1 billion in August this year compared to 1.11 billion August 2023.
Steady growth in west, south states; decline in Bengal: EAC-PM report
The per capita incomes of Maharashtra and Gujarat remained above the national average since the 1960s, with the 2023-24 data showing Gujarat at 160.7 per cent of the national average and Maharashtra at 150.7 per cent.
DGCA probes tail strike incident involving IndiGo plane; derosters flight crew
In a statement, IndiGo said its A321 aircraft was grounded in Bangalore due to a tail strike on September 9.
Insurance buyers ignore home, healthcare needs, focus on familyās financial security
The survey, encompassing 800 participants aged 20 to 50, was conducted in eight Tier 1 and Tier 2 cities.
BSE defers listing of SME Trafiksol ITS Technologies due to unresolved āqueriesā
āā¦in view of certain queries that have been raised, the listing for trading of the scrip (of Trafiksol ITS Technologies) is postponed till queries are resolved by the issuer,ā BSE said in a notice to market participants on Tuesday.
Gold imports doubled to record high of $10.06 billion in August
India is seeking review of certain provisions of the free trade agreement with the UAE, which came into force on May 1, 2022.
Ola Electric shares surge 10%; hit upper circuit limit
The stock soared 9.71 per cent to settle at Rs 118.10 on the BSE.
A Star-Studded Launch: Shraddha Kapoor and CEO Prabhu Kumar Introduce Wegofin’s Game-Changing AI Banking Solutions, AcquireX & WegoAI
The launch event established a new standard for fintech advancements by introducing Wegofin's latest AI tools, AcquireX and WegoAI.
Indiaās goods export declines by 9% in August; trade deficit widens to $30 billion
While goods exports in August this year totalled $34.71 billion compared to $38.28 billion in August 2023, goods imports stood at $64.36 billion compared to $62.30 billion in August last year.
Air India kicks off $400-million refit programme to spruce up 67 legacy aircraft from government ownership days
Over the years, Air India had developed a reputation of having run-down aircraft cabins and an ageing fleet as the then government-owned airline was under severe financial stress.
Amid a global transformer supply crunch, green energy developers face grid access delaysSubscriber Only
Adopting programme-based ordering, a strategy gaining traction in Europe, could provide manufacturers with better visibility and help manage demand more effectively.
Shapoorji Pallonjiās Afcons gets Sebi nod for Rs 7,000 crore IPO
AIL's order book has increased at an annual rate of 7.6% from Rs 26,248.46 crore in the financial year 2021 to Rs 30,405.77 crore in the financial year 2023. As of September 30, 2023, it stood at Rs 34,888.39 crore.
Bajaj Housing lists at 114% premium, market cap at Rs 1.37 lakh crore
The companyās market capitalisation on the listing day was Rs 137,406 crore, according to the BSE data.
SEBI backtracks; withdraws its staff āmisguided by external elementsā press release
In the now withdrawn press release, the capital markets regulator had said, āIt is our belief that SEBIās junior officers, who were in large numbers, originally aggrieved in respect of HRA allowances, have been misguided, perhaps by external elements.ā
Pralhad Joshi says Rs 32.45 lakh crore finance pledged for renewables sector
Banks and financial institutions have committed to additional USD 386 billion (Rs 32.45 lakh crore) of financing by 2030.
India has immense potential for regional planes, looking at it as our main market: ATR CCO Alexis VidalSubscriber Only
Growth in Indiaās broader civil aviation sector is booming, but the regional air connectivity segment remains largely unpenetrated as regional and intercity travel is still dominated by road and railways.
Low- & high-skilled jobs: Gap rising as manufacturing stagnation continues
Country with 1.4-bn population canāt rely only on services sector, say economists.
FPIs reverse strategy, buy more equities via exchanges on US rate cut anticipation
Rs 22,707 crore worth domestic shares purchased by FPIs between Sept 9-13
US FDA cites various manufacturing lapses at Zydus Lifesciences’ plant in Gujarat
The letter also makes clear that the company must correct the problem and provide directions and a timeframe of its plans for correction.
Energy transition demand has suddenly grown; need to have better planning: Hitachi Energy India CEOSubscriber Only
Energy storage one of our growth-oriented segments, says CEO N Venu
GST evasion doubles in FY24; Mumbai tops detection list
During 2023-24, the total GST evasion detected by DGGI officers and the Central GST zone was over Rs 2.37 lakh crore in 20,576 cases.
DGGI detects Rs 2.01 lakh crore GST evasion in FY24; online gaming, BFSI most prone to evasion
In 2023-24, 1,976 cases of Goods and Services Tax (GST) evasion were detected in iron, copper, scrap and alloys sectors involving Rs 16,806 crore of tax evaded.
Oil India to invest Rs 25,000 crore for net zero emissions by 2040
The net zero plans will go alongside its target to raise crude oil and natural gas production to 9 million tonnes of oil and oil equivalent gas by 2025-26 from 6.5 million tonnes produced in the fiscal year ended March 31, 2024.