Economy

New Delhi:  India’s domestic air passenger traffic registered a 1.89 per cent increase during May this year to 1.4 crore, compared to the corresponding figure of 1.38 crore in the same month last year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA). Operations at over 30 airports near the

New Delhi: Indian economic activity has surged to a 14-month high in June as companies scaled up output in response to faster increases in total new business intakes and a record upturn in export orders, according to the HSBC flash PMI data released on Monday. The HSBC Flash India Composite Output Index – a seasonally

New Delhi: Global capital can no longer overlook India’s structural economic advantages, as the nation is poised to significantly outpace G7 economies in growth, according to a report released on Monday by wealth management firm Equirus. The report identifies strong macro fundamentals, policy-led capital expenditure, a resurgence in rural consumption, and structural manufacturing shifts as

Mumbai:  Private equity and venture capital (PE-VC) investments in India stood at $2.4 billion across 97 deals in May, according to a report released on Monday. The EY-IVCA report said that startup investments were the highest deal type last month, followed by growth investments at $0.7 billion. From a sector point of view, financial services

New Delhi:  India’s herbal and ayurvedic OTC (over the counter) market is expected to grow at a CAGR of 6.5 per cent, from $69 million in 2025 to $118 million by the end of 2033, outpacing global trends, a report showed on Monday. However, challenges persist as 40 per cent of new launches in 2024

Mumbai: There is “no obstacle” remain for the National Stock Exchange (NSE) to proceed with its much-awaited IPO plans, SEBI Chairman Tuhin Kanta Pandey has said. Speaking at the FE CFO Awards here, Pandey said there is no obstacle that “will remain in the case of NSE IPO”. However, when asked whether the NSE IPO

New Delhi:  The house price index (HPI) across India increased by 3.1 per cent in the January-March period (Q4 FY25), maintaining the same pace as the previous quarter (Q3). The Reserve Bank released its quarterly HPI data for Q4, based on transaction-level data received from the registration authorities in 10 major cities. “All-India HPI increased

Mumbai: The trend of foreign portfolio investment (FPI) experienced a reversal in April and demonstrated considerable strengthening in May, characterised by positive inflows, which continues as June progresses, analysts said on Saturday. On June 20, the FPI inflows in equity stood at Rs 7,940.70 crore, as per the NSE’s latest data. According to market experts,

Mumbai:  India’s economic indicators are becoming more supportive of growth, according to the report released by Motilal Oswal Private Wealth (MOPW) on Friday. The report highlights that several positive trends are emerging on the domestic front, including higher GDP growth, easing inflation, and strong tax collections. India’s GDP grew by 7.4 per cent in the

Mumbai:  The domestic benchmark indices opened lower on Wednesday amid rising geopolitical tensions, but turned green in the early trade as buying was seen in the auto, IT and PSU bank sectors. At around 9.32 am, Sensex was trading 160.49 points or 0.20 per cent up at 81,743.79 while the Nifty added 57.40 point or