Economy

New Delhi:  Prices of staple vegetable tomato are likely to stay elevated for two more months, CRISIL said. Tomatoes account for 10 per cent of the total vegetable production in India. "With standing crops damaged by excess rains in…
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New Delhi: India's leading digital ecosystem for consumers and merchants, Paytm announced its second quarter earnings report. The digital payments and financial services platform saw its revenue from operations grow by 64 per cent Y-o-Y to…
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New Delhi: Excessive rains in October in north India and later in southern states led to supply chain breaks, which in turn, has led to price rises for onions and tomatoes, the government said on Friday. The all-India average retail…
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Mumbai: India's foreign exchange reserves rose by $289 million during the week ended November 19. The Reserve Bank of India's forex reserves increased to $640.401 billion from $640.112 billion reported for the week ended November 12.…
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New Delhi: The Reserve Bank of India has accepted 21 out of the 33 recommendations submitted by an internal working group on the ownership and corporate structure of India's private sector banks. The internal group was constituted by the…
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Mumbai: A massive foreign fund outflow triggered by the panic among the investors over the new Covid-19 variant found in southern Africa plunged the key equity indices -- S&P BSE Sensex and NSE Nifty50 -- deep into the red on Friday.…
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New Delhi:  India's Q2FY22 GDP is expected to grow by 8.5 per cent on a year-on-year (YoY) basis amid support from a favourable base, Acuite Ratings and Research said. As per the ratings agency, gradual removal of lockdown restrictions…
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Mumbai:  The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note during the morning trade. The Sensex of the BSE opened at 58,363.93 points and touched a high of 58,395.71 points. The Sensex touched a low of 58,199.49…
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New Delhi:  The Supreme Court has directed the Economic Offences Wing (EoW) of the Mumbai Police and market regulator SEBI to file status reports in the alleged Rs 7,500 crore ponzi scheme, which defrauded 18-20 lakh investors. A bench…
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Mumbai:  The IL&FS Group has completed the sale of its 71.84 per cent stake in IL&FS Prime Terminals FZC (IPTF) to VTTI Terminal IBV (VTT I). The sale of the IPTF has successfully resolved IL&FS Group debt outstanding to the…
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