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India to sign bilateral investment treaty with Uzbekistan during FM Sitharaman
Business

India to sign bilateral investment treaty with Uzbekistan during FM Sitharaman's...

New Delhi, Sep 24: Finance Minister Nirmala Sitharaman is set to embark on an official visit to Uzbekistan from September 24-28, to attend the ninth annual meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB). FM Sitharaman will hold bilateral meetings with her counterparts...
Finland beating recession but deficit will persist: Finance Ministry
Business

Finland beating recession but deficit will persist: Finance Ministry

Helsinki, Sep 24: Finland is emerging from recession, but the public economy is expected to remain in persistent deficit, according to the latest forecast of the Finnish Ministry of Finance. Nevertheless, the analysis report said the country will avoid triggering the European Commission's Excessive...
Indian banks to issue bonds worth Rs 1.3 lakh crore in FY25, PSBs to dominate: Report
Business

Indian banks to issue bonds worth Rs 1.3 lakh crore in FY25, PSBs to dominate:...

Mumbai, Sep 24: Led by public sector banks (PSBs), Indian banks are set to issue all-time high bonds worth Rs 1.2 lakh crore Rs 1.3 lakh crore in the current fiscal (FY25), surpassing the earlier peak of Rs 1.1 lakh crore in FY23, a report showed on Tuesday. PSBs are likely to command a lion’s share...
Recoveries from stressed operational thermal plants to improve by 9 pc in next fiscal : Report
Business

Recoveries from stressed operational thermal plants to improve by 9 pc in next...

Mumbai, Sep 23: For asset reconstruction companies (ARCs), the cumulative recovery rate for stressed operational thermal power plants (TPPs) is set to improve 700-900 basis points (bps) on-year to 83-85 per cent next fiscal due to robust growth in power consumption, a report said on Monday....
Indian real estate market set to reach $10 trillion by 2047: Report
Business

Indian real estate market set to reach $10 trillion by 2047: Report

Sydney, Sep 23: The real estate market is expected to play a pivotal role in the economic growth trajectory of India. It will potentially be a $10 trillion market by 2047, accounting for a 14-20 per cent share in the country’s GDP, according to a report on Monday. The interplay between real estate...
Investors prefer regular hefty returns, tax benefits post Covid: Report
Business

Investors prefer regular hefty returns, tax benefits post Covid: Report

New Delhi, Sep 23: Degree of returns, regularity of returns, and tax benefits are the significant factors influencing post-Covid investment decisions, according to a report on Monday. The report, jointly made by the PHD Research Bureau, PHD Chamber of Commerce and Industry, and Jagan Institute of...
Sensex trades at all time high, Bharti Airtel and SBI top gainers
Business

Sensex trades at all time high, Bharti Airtel and SBI top gainers

Mumbai, Sep 23: Indian frontline indices were trading at an all-time high on Monday as heavyweights like Bharti Airtel, SBI and M&M were top gainers in the BSE's Benchmark. In early trade, Sensex and Nifty made a new all-time high of 84,862 and 25,911 respectively. At 9.46 a.m., Sensex was 259...
FIIs infuse Rs 14,064 crore in Indian equity market this week, buying to continue
Business

FIIs infuse Rs 14,064 crore in Indian equity market this week, buying to...

Mumbai, Sep 21: The foreign institutional investors (FIIs) turned aggressive buyers this week with infusing Rs 14,064 crore in the cash market as Indian markets remained resilient amid robust economy performance, data showed on Saturday. Total FII investment till September 20 stood at Rs 33,699...
Oyo acquiring US hospitality chain with 1,500 motels for $525 million
Business

Oyo acquiring US hospitality chain with 1,500 motels for $525 million

New York, Sep 21: Boosting its international presence, Indian hospitality major Oyo’s parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on...
Horticulture production in India pegged at 353.19 million tonnes in 2023-24: Centre
Business

Horticulture production in India pegged at 353.19 million tonnes in 2023-24:...

New Delhi, Sep 21: The horticulture production in the country is estimated to reach about 353.19 million tonnes in 28.98 million hectares area in 2023-24, the new government data showed on Saturday. The production of fruits, honey, flowers, plantation crops, spices and aromatics and medicinal plants...
Zoho CEO denies reports about investing in Odisha for Rs 3,034 crore chip plant
Business

Zoho CEO denies reports about investing in Odisha for Rs 3,034 crore chip plant

New Delhi, Sep 20: Cloud software major Zoho’s Co-founder and CEO, Sridhar Vembu, on Friday denied reports about investing in Odisha for a Rs 3,034 crore semiconductor plant. Earlier reports claimed that Silectric Semiconductor Manufacturing Pvt Ltd, formed by the directors of Zoho, plans to...
‘Make in India’ iPhone 16 hits market, thousands queue up to own new Apple devices
Business

‘Make in India’ iPhone 16 hits market, thousands queue up to own new Apple...

New Delhi/Mumbai, Sep 20: It was a 'wow moment' for thousands of Apple lovers in India on Friday as they started receiving ‘Make in India’ iPhone 16 at Apple BKC in Mumbai and Apple Saket in New Delhi and Apple along with at other Apple Authorised resellers stores amid long queues since early...
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