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Economy
Coal production from India’s commercial mines jumps 16.4 pc in April-June quarter
New Delhi: Coal production from the country's captive and commercial mines shot up by a robust 16.4 per cent to 46.01 million tonnes during the first quarter (April-June) of the financial year 2025–26 from 39.53 million tonnes in the same…
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MF exposure in NBFCs grow 32.5 pc to reach Rs 2.77 lakh crore in May
New Delhi: The mutual fund exposure in the non-banking financial companies (NBFCs) grow 32.5 per cent to reach Rs 2.77 lakh crore in May, according to a new report.
This year-on-year growth was driven by commercial papers (CPs) and…
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SBI decides to declare Reliance Communications’ loan account as ‘fraud’
New Delhi: The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as “fraud” in a case that dates back to August 2016.
Reliance Communications said in an exchange filing that this disclosure is…
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GST collections rise 6.2 pc to touch Rs 1.85 lakh crore in June
New Delhi: India’s Goods and Services Tax (GST) collection rose to Rs 1.85 lakh crore during June this year, marking a 6.2 per cent increase compared to the same month of the previous year, according to official data released on Tuesday.…
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GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers
New Delhi: The Goods and Services Tax (GST), widely hailed as one of the biggest economic reforms in post-Independence India, will on Tuesday complete eight years of its success story, with collections soaring to a record Rs 22.08 lakh…
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India poised to emerge as centre of gravity in new world economic order: Anand Mahindra
Mumbai: The USA’s shift toward de-globalisation may ironically lead to a new avatar of globalisation that is multi-polar, regional, and driven by domestic imperatives for which India is well-positioned to emerge as one of the new centres…
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India will continue to be fastest growing economy, even perform better: FM Sitharaman
New Delhi: India will continue to be the fastest-growing economy at the current rate of growth — or even better — and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala…
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More Indians now invest in equities as financialization of household savings rises: SBI
New Delhi: The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research…
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Indian cement sector reaches 39.6 million metric tonnes in May, up 9 pc
New Delhi: The Indian cement sector reached 39.6 million metric tonnes (MT) in May, recorded a strong 9 per cent year-on-year (YoY) growth in volumes, according to a new report.
The positive trend continued in the first two months of…
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Stock market hits 9-month high as Sensex surges past 84,000, Nifty nears 25,650
Mumbai: The Indian stock markets ended on a strong note on Friday, with benchmark indices touching a nine-month high. Investors were in a positive mood as tensions in West Asia eased amid reports of a ‘great’ India-US trade deal…
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