Economy

New Delhi: India's economy sprang a surprise with an 8.4 per cent surge in GDP growth during the third quarter (October-December), as a result of which the country's economic growth rate for the financial year 2023-24 is now estimated at…
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New Delhi:  The Central government's fiscal deficit for the 10-month period from April 2023 to January 2024 of the current financial year stood at Rs 11.03 lakh crore, data released by the Controller General of Accounts on Thursday…
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New Delhi: CG Power and Industrial Solutions has received a demand for Rs 188.78 crore from the Income Tax Department in respect of the assessment year 2022-23. The company has received an assessment order dated February 27, 2024,…
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Chenni: Even though new investments in the semiconductor industry seem to be moving away from China, electronics production will continue to remain in Asia for the foreseeable future, said Moody's Analytics in a report. According to…
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New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the establishment of three semiconductor fabrication (fab) units that will start construction within the next 100 days and generate direct…
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New Delhi:  The current benign credit environment has supported asset quality for PSU banks and early warning indicators give no reason to worry, Kotak Institutional Equities said in a report. Profitability has been further boosted by…
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New Delhi:  In a fillip to the country's goal to become a global semiconductor hub, the Union Cabinet on Thursday approved chip fabrication plants by Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) in…
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New Delhi:  India has received over Rs 2.5 lakh crore worth investment proposals in the semiconductor sector, ranging from packaging, design and research and development, the Centre said on Thursday. Addressing the ‘India Semiconductor…
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New Delhi:  The Food Safety and Standards Authority of India (FSSAI) has certified 150 railway stations across the country as Eat Right Stations, as part of its initiative to ensure safe, hygienic, and nutritious food options for millions…
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New Delhi:  Overall ad spending in India is estimated to reach $16-17 billion in FY24, growing at 6 per cent in the fiscal year, a report showed on Thursday. Digital advertising which accounts for 55 per cent of total spending is set to…
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