Economy

Mumbai:  India’s largest private sector lender HDFC Bank on Saturday posted 6.7 per cent (year-on-year) rise in standalone net profit to Rs 17,616 crore in the fourth quarter pf FY25. On a sequential basis, net profit rose by 5.3 per cent.…
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New Delhi:  Driven by the industrial and services sectors, the number of active companies in the country surged by more than 162,800 last fiscal (FY25). According to latest data from the Ministry of Corporate Affairs (MCA), new business…
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New Delhi, April 19 (IANS) In a significant achievement, the pharmaceutical exports from India crossed $30 billion in the last financial year (FY25), with the US remaining as a key market with more than one-third of the country's pharma…
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New Delhi:  India has crossed an important milestone with more than two million EVs sold in the financial year that ended on March 31 this year (2024-25). This is the highest ever sales in a single fiscal year, with a 15.6 per cent jump…
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New Delhi: The US has informed the World Trade Organisation (WTO) that the Donald Trump administration’s decision to levy tariffs on steel and aluminium, was based on national security grounds and should not be considered as safeguard…
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New Delhi: The Central Board of Indirect Taxes (CBIC) has issued revised instructions to the officers for processing GST registration applications, that will reduce compliance burden on taxpayers and facilitate rule-based transparency, it…
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Mumbai: SEBI Chairman Tuhin Kanta Pandey on Thursday said corporates must ensure high governance standards as any failure can trigger ripple effects across the market economy. Addressing the CII Corporate Governance Summit here, the…
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New Delhi:  India is expected to remain the fastest growing major economy with a 6.5 per cent growth rate in 2025 while global growth is seen as marking a shift towards a recessionary path with the international trading system facing its…
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Beijing: A Chinese foreign ministry spokesperson said on Thursday that the United States' 245 per cent tariff on certain products from China no longer makes economic sense. It the US continues to play the "tariff numbers game", it will…
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New Delhi: Not just the world's third-largest economy, India has the potential to become the second-largest economy if it remains on the current path of resilience and policy continuity, billionaire investor Mark Mobius said on Wednesday.…
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