Govt showcases India as a 365-day tourist destination at IMEX Frankfurt
New Delhi, May 14 - The Union Ministry of Tourism is participating in IMEX, Frankfurt from 14th-16th May 2024 to showcase India as a leading MICE (meetings, incentives, conferences and exhibitions tourism) destination to the global market.
Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore
Mumbai May 14 - Colgate-Palmolive reported a 20 per cent jump in consolidated net profit at Rs 379.82 crore for the Jan-March quarter of 2023-24 compared to the same period last year.
More Indians investing in stocks, household savings need to be protected: FM Sitharaman
Mumbai, May 14 - Union Finance Minister Nirmala Sitharaman said on Tuesday that more and more Indians are now investing in stock markets and their household savings must be protected with robust guardrails.
Apollo Tyres Q4 net profit dips 14 pc
New Delhi, May 14 - Apollo Tyres on Tuesday reported a 13.7 per cent decline in net profit at Rs 354 crore for the Jan-March quarter of 2023-24 compared with the corresponding figure of Rs 410.30 crore for the same period of the
Siemens board approves demerger of energy business into separate listed entity
Mumbai, May 14 - The Board of Directors of Siemens Limited, the Indian subsidiary of German technology giant Siemens AG, on Tuesday approved the proposal to demerge its energy business into a separate legal entity – Siemens Energy India Limited.
Airtel registers 31 pc decline in Q4 net profit
New Delhi, May 14 - Telecom major Bharti Airtel on Tuesday reported a 31 per cent decline in its consolidated net profit at Rs 2,072 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 3,006 crore in the
Sensex up 328 points, metal and energy stocks lead the rally
Mumbai, May 14 - Indian stock indices gained on Tuesday amid mixed global cues. This is the 3rd consecutive session marked closed in green.
Indian general insurers log premium income of Rs 29,678.99 crore in April
Chennai, May 14 - The 32-member non-life insurance industry closed the first month of FY25 with a gross premium of Rs 29,678.99 crore and logged 15.86 per cent growth, said General Insurance Council of India.
Where will funds for Congress’ ‘Khata-Khat’ schemes come from, asks Nirmala Sitharaman
New Delhi, May 13 - Finance Minister Nirmala Sitharaman on Monday fired a fresh salvo against Rahul Gandhi and the Congress, for making “lofty promises disconnected with reality” during the Lok Sabha poll campaign without explaining where the huge funds to finance these
Sensex closes 111 points up after intra-day volatility
Mumbai, May 13, - The Sensex and Nifty closed at a day high on Monday, after falling almost one per cent in the morning hours.
PhonePe’s Share.Market to introduce proprietary stock research using factor analysis
New Delhi, May 13 - Share.Market, a PhonePe product, brings forth the Intelligence Layer on Stocks -- an in-depth quantitative factor-based analysis of each stock, a first-of-its-kind in the discount broking industry.
Picking China over India will rob Musk: Entrepreneur Vivek Wadhwa
New Delhi, May 13 - Indian-American academic, entrepreneur and author Vivek Wadhwa on Monday said that he had warned the Tesla and SpaceX CEO Elon Musk not to pick China as they would "rob him blind" and instead asked him to consider moving
Paytm focuses on UPI Lite Wallet for low-value daily payments
New Delhi, May 13 - One97 Communications Limited (OCL), which owns leading payments and financial services company Paytm, on Monday, said that it is now focusing on UPI Lite wallet to move the users who prefer wallet for low-value everyday payments.
KABIL gets new office in Delhi to speed up efforts for securing critical minerals
New Delhi, May 11 - Secretary, Ministry of Mines, V L Kantha Rao on Saturday inaugurated the Registered Office of Khanij Bidesh India Ltd (KABIL) at Sansad Marg to speed up the country’s efforts to secure stable supplies of critical minerals such as
Public sector oil giants post 25-fold jump in combined profit at Rs 86,000 crore for 2023-24
New Delhi, May 10 - The state-owned oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have not only ensured fuel availability at affordable rates in 2023-24, with one of the lowest fuel price inflation globally in India, but they have also
India’s industrial production clocks 4.9 pc growth in March
New Delhi, May 10 - India’s Index Industrial Production (IIP) clocked a 4.9 per cent growth in March this year over the same month of the previous year, as per the figures released by the Ministry of Statistics on Friday.
India’s forex reserves surge by $3.7 bn to touch $641.6 bn mark
Mumbai, May 10 - India's foreign exchange reserves rose by $3.7 billion during the week ended May 3 to touch the $641.59 billion mark, the latest RBI data released on Friday showed.
Sensex up by 260 points, energy and metal lead rally
Mumbai, May 10 - Indian benchmark indices went up nearly half per cent on Friday, following a rally in energy and metal shares. The relief rally came after the Sensex plunged more than 1,000 points on Thursday.
Tata Motors posts 222 pc jump in Q4 net profit at Rs 17,410 crore
Mumbai, May 10 - Auto giant Tata Motors on Friday reported a 222 per cent jump in its consolidated net profit at Rs 17,407.18 crore for the Jan-March quarter of 2023-24 on the back of robust sales at UK subsidiary Jaguar Land Rover.
Thomas Cook India launches ‘TCPay’ for international money transfers
New Delhi, May 10 - Omnichannel forex services company Thomas Cook India on Friday launched a new digital service called 'TCPay' to bring ease and efficiency to international money transfers.