Economy

Bengaluru: As India’s businesses maintain steady economic growth, prioritising employee financial well-being — flexible pay models, salary-linked financial support, and personalised benefits — has become the key focus for HR and payroll departments in 2025, a new report said on Wednesday. The report by ADP, a global technology company, showed that 46 per cent of

Mumbai: Total credit card spending in India reached Rs 1,84,100 crore (Rs 1,841 billion) in the month of January, marking a strong 14 per cent growth (year-on-year), a report showed on Tuesday. The total credit card transaction volume in January 2025 stood at 430 million, reflecting a 31 per cent year-on-year growth, despite a 1

Washington: US President Donald Trump has said that Taiwan Semiconductor Manufacturing Co (TSMC) will invest $100 billion to build advanced chip producing facilities in the United States, as he is seeking to use tariffs to bolster domestic manufacturing. The announcement came after Trump accused Taiwan last month of taking US. chip businesses away, arguing that

Mumbai: The Indian benchmark indices opened lower on Tuesday amid weak global cues, as selling was seen in the auto and IT sectors in the early trade. At around 9.30 am, Sensex was trading 363.22 points or 0.50 per cent down at 72,722.72 while the Nifty declined 125.80 points or 0.57 per cent at 21,993.50.

New Delhi: In a boost to the National Green Hydrogen Mission, the government has initiated five pilot projects for using hydrogen in buses and trucks. The Ministry of New and Renewable Energy had issued guidelines for implementing oilot projects in the transport sector under this Mission. After detailed scrutiny, the Ministry has sanctioned five pilot

New Delhi: India’s GDP growth is expected to be steady at 6.5 per cent in fiscal 2025-2026 with the upcoming monsoon season likely to be normal and commodity prices to remain soft. Private consumption is expected to recover further, while investment growth hinges on private Capex, according to a Crisil report released on Monday. Private

New Delhi:  The Central government on Monday upgraded the Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) to the prestigious status of Navratna Central Public Sector Enterprises (CPSE) as the performance on key parameters such as net profit and net worth of the two companies have risen to meet the

Mumbai: The Securities Exchange Board of India and the Bombay Stock Exchange (BSE) on Monday moved the Bombay High Court to challenge an ACB Court order to file an FIR against former SEBI Chairperson, along with some SEBI and BSE officials. The Bombay High Court agreed to grant an urgent hearing on SEBI and BSE’s

New Delhi: The Indian manufacturing sector’s strong start to 2025 continued in February. Despite slowing to the weakest since December 2023, rates of expansion in output, employment and sales remained elevated in the context of the long-run average, according to the HSBC survey released on Monday. Favourable domestic and international demand prompted firms to increase

New Delhi:  India’s Active Pharmaceutical Ingredients (APIs) market is expected to expand to $22 billion by 2030, according to a report on Monday. The report by Praxis Global Alliance, a management consulting firm, stated that the APIs are growing at a CAGR of 8.3 pc in the country. APIs are biologically active components in drugs