Reliance Retail Ventures posts revenue of Rs 75,615 crore in Q1 FY25
Mumbai, July 18 - Reliance Retail Ventures Limited (RRVL) delivered steady performance during Q1 FY25 with revenue of Rs 75,615 crore, up 8.1 per cent year-on-year.
Reliance Industries posts gross revenue of Rs 2.57 lakh crore for Q1 FY25
Mumbai, July 18 - Reliance Industries on Friday reported quarterly gross revenue of Rs 2.57 lakh crore ($30.9 billion) for Q1 FY25, up 11.5 per cent year-on-year, led by order-to-cash (O2C) on higher oil and product prices and oil & gas segment with
India’s goods exports to top countries record double digit surge
New Delhi, July 20 - India’s exports to the lucrative Western markets have recorded a strong double-digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.
Sensex, Nifty trade lower on weak global cues
Mumbai, July 19 - Indian equity indices opened in the red on Friday following weak global cues from Asian peers.
NITI Aayog sets $500 bn target for electronics manufacturing to create 6 million jobs by 2030
New Delhi, July 18 - India's goal of becoming the third-largest global economy necessitates a more ambitious vision for its technology-driven sectors to achieve a USD 500 billion target in electronics manufacturing by FY 2030 which would create as many as 6 million
CEAT Ltd clocks 7 pc rise in Q1 net profit at Rs 154 crore
New Delhi, July 18 - Tyre manufacturer CEAT Ltd on Thursday reported a consolidated net profit to Rs 154.2 crore for the April-June quarter of 2024-25 which represents a 7 per cent increase over the corresponding figure of Rs 144.01 crore for the
Infosys posts 7 per cent increase in q1 net profit at Rs 6,386 crore
New Delhi, July 18 - Infosys on Thursday reported 7.1 per cent increase in net profit at Rs 6,368 crore for the April-June quarter of the current financial year compared to the same period of 2023-24.
Australia’s unemployment rate rises to 4.1 per cent
Canberra, July 18 - Australia's unemployment rate rose slightly to 4.1 per cent in June from 4 per cent in May, official labour force figures published by the Australian Bureau of Statistics (ABS) showed on Thursday.
Union Budget: Electronics players seek comprehensive support for local TV manufacturing
New Delhi, July 18 - Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices.
LIC shares surge nearly 80 per cent in one year
Mumbai, July 18 - India's largest insurance company, LIC's shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors.
Sensex trades lower amid profit booking in smallcap and midcap stocks
Mumbai, July 18 - Indian equity indices opened in the red on Thursday following profit-booking midcap and smallcap stocks.
Vietnam’s economic growth in 2024 forecast on upward trend
Hanoi, July 17 - The Vietnamese economy is forecast to grow at 6.3 per cent in 2024 and 6.5 per cent in 2025, said the ASEAN+3 Macroeconomic Research Office in its latest update.
Indian exports remain resilient in Q1 FY25, core goods show positive growth
New Delhi, July 17 - Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive growth, a report showed on Wednesday.
Rajasthan’s GDP increased to 12.58 pc in 2024: Dy CM
Jaipur, July 16 - Rajasthan Deputy Chief Minister Diya Kumari, who also holds the Finance portfolio, on Tuesday said that Rajasthan's GDP rate in December 2023 was 11.58 per cent while in March 2024, it increased to 12.58 per cent.
IMF raises India’s GDP growth forecast to 7 pc for 2024-25
New Delhi, July 16 - The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private consumption, particularly in rural India".
Union Budget likely to focus on agriculture, welfare schemes & job creation: CareEdge
Mumbai, July 16 - The Union Budget will focus on supporting consumption via higher allocation for the rural economy, welfare schemes and agriculture with higher allocations for schemes like PMAY and MNREGA, according to a CareEdge Ratings report released on Tuesday.
Quaker releases findings of ‘Bowl of Growth’ initiative in building a healthier India
New Delhi, July 16 - The PepsiCo Foundation, in collaboration with PepsiCo R&D and Quaker, on Tuesday released the ‘Building A Healthier Tomorrow’ report, highlighting the success of the Quaker ‘Bowl of Growth’ program.
Waaree renewable bags order for 30 MWp solar project in Maharashtra
Mumbai, July 16 - Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited on Tuesday announced its selection by ISMT Limited, a Kirloskar group company, for the turnkey Engineering, Procurement, and Construction (EPC) works for a 22 MW AC / 30
Centre tells retailers to cut prices of pulses as wholesale rates have fallen
New Delhi, July 16 - Department of Consumer Affairs Secretary Nidhi Khare told the representatives of the Retailers Association of India on Tuesday that while the wholesale prices of Chana, Tur and Urad in major mandis had declined by up to 4 per
India may increase FY25 capex by 8-10 pc from Rs 11.11 lakh crore: Report
Mumbai, July 16 - India may increase its FY25 capex by 8-10 per cent from the Rs 11.11 lakh crore allocated earlier, owing to higher-than-expected tax revenue and a record surplus transfer by the Reserve Bank of India (RBI), a report showed on