EconomyIndian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade. At around 9.32 am, Sensex was trading 3.88 points or 0.00 per cent up at 82,326.71 while the Nifty climbed 14.70 point or 0.06 per cent at 25,034.50. Nifty Bank
EconomyUN report sees India as bright spot amid global slowdown
New Delhi: At a time when the global economy is facing what the United Nations calls a “precarious moment”, India has emerged as a rare bright spot. The UN’s mid-year update of the World Economic Situation and Prospects projects India’s growth at 6.3 per cent in the current fiscal year, the highest among large economies.
EconomyGlobal economic data, easing India-Pakistan tensions to drive market mood next week
Mumbai: For the Indian stock market, the upcoming week, from May 19 to 23, is expected to be driven by key global economic data releases and the continued positive impact of easing geopolitical tensions between India and Pakistan. Investors will be closely tracking macroeconomic indicators from India, the US, and China, which could influence market
EconomyGeM empowers over 1.85 lakh women-led MSMEs, 31,005 startups: Piyush Goyal
New Delhi: The Government-e-Marketplace (GeM) has empowered 1,85,408 women-led micro, small and medium enterprises (MSMEs) and 31,005 DPIIT-recognised startups, while redefining public procurement through transparency, efficiency and inclusion, Union Minister of Commerce and Industry, Piyush Goyal, said on Saturday. In the last financial year (FY25), the GeM order volume reached 72,36,651 with total order value
EconomyIndia’s alcoholic beverage firms poised to stay on double-digit high in FY26: Crisil
New Delhi: Alcoholic beverage (alcobev) manufacturers in the country will see their revenue grow 8-10 per cent to Rs 5.3 lakh crore in financial year 2025-26, keeping up the momentum of a compound annual growth rate (CAGR) of 13 per cent over the three preceding fiscals. The operating profitability will increase 60-80 basis points (bps),
EconomyEconomists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26
Mumbai: Economists expect the Reserve Bank of India’s (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale of dollars to prop up the rupee as it sharply depreciated during 2024-25, are reported to have shot up. This higher profit will
EconomyIndia-UK FTA: Bilateral trade projected to surge by 15 pc annually until 2030
New Delhi: The bilateral trade between India and the United Kingdom (UK) is expected to increase by around 15 per cent annually until 2030, factoring in the aspect that the free trade agreement (FTA) will come into effect in a year, a report showed on Friday. The recently concluded free trade agreement (FTA) between India
EconomyIndian stock market opens lower amid mixed global cues
Mumbai: The domestic benchmark indices opened lower on Friday amid mixed global cues as selling was seen in the IT, financial services and pharma sectors in the early trade. At around 9.29 am, Sensex was trading 231.64 points or 0.28 per cent down at 82,299.10, while the Nifty declined 49,95 point or 0.20 per cent
EconomyChina’s FDI proposals face stricter scrutiny in India amid tensions with Pakistan
New Delhi: The government plans to conduct more stringent reviews of some major investment proposals from Chinese companies to invest in India, which could delay the go-ahead for these ventures, according to an NDTV Profit report. The decision comes in the backdrop of China’s support to Pakistan in the wake of the terrorist killings in
EconomyAverage pay for contractual worker in India’s telecom sector rises to Rs 25,225 a month
New Delhi: The average monthly salary for contractual employees in India’s telecom sector went up from Rs 24,609 in FY22 to Rs 25,225 in FY25, reflecting steady efforts to offer competitive compensation, a report showed on Wednesday. The Indian telecom industry experienced a moderation in contractual workforce expansion in 2025 while continuing to invest in
