Economy

Mumbai:  The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 to boost the micro, small, and medium enterprises. The scheme facilitates collateral-free loans to…
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New Delhi:  Direct-to-consumer (D2C) brand The Ayurveda Co suffered a sharp rise in losses in FY24, as its net loss surged over three-fold to Rs 68 crore, up from Rs 21 crore in FY23. According to the company’s financials, the widened…
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Mumbai:  Finance Minister Nirmala Sitharaman on Monday said that Prime Minister Narendra Modi-led government’s "big shift in Budget-making" is ensuring a responsible approach to handling taxpayers' money which is reflected in borrowings…
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Mumbai:  The share of the flex space segment has risen to a substantial 19.8 per cent in the annual office leasing numbers in India to cross 15 million square feet (sq ft) in 2024 , its best share so far, according to a JLL report…
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New Delhi:  After Hyundai Motor India Ltd (HMIL), the Indian subsidiary of Hyundai Motor Company, listed on the Indian stock market in a landmark Rs 27,856 crore initial public offering (IPO), another South Korean giant LG's India arm is…
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Mumbai:  The Indian benchmark indices opened lower on Monday amid mixed global cues as selling was seen in auto, IT and PSU bank sectors in the early trade, as the upcoming reciprocal trade tariffs announced by the US government stayed on…
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New Delhi: Prime Minister Narendra Modi on Sunday fixed a target of Rs 9 lakh crore for the country’s annual textiles and apparel exports by 2030 which represents a three-fold jump from Rs 3 lakh crore at present as he highlighted the…
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New Delhi: Gold is 11 per cent up so far in 2025, outperforming equities and bitcoins, according to industry reports, which project that the bullion is heading towards $3,000 per ounce and is likely to cross $3,080 in Q1 this…
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New Delhi: Government-owned Bank of Maharashtra announced on Sunday that it has received the RBI's approval to set up an International Financial Services Centre (IFSC) Banking Unit at GIFT City in Gujarat. The branch will be the Bank of…
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New Delhi: A handloom fashion event titled ‘Breathing Threads’, held here on the sidelines of Bharat Tex 2025 to showcase the timeless elegance of Indian handlooms in modern silhouettes, attracted interested buyers from countries such as…
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