Economy

New Delhi:  In the global energy landscape, India stands strong as the third largest biofuel producer, driving the shift towards cleaner and renewable energy, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Monday. The minister highlighted in a post on X social media platform that “India has achieved 19.6 per cent ethanol

Mumbai:  The Indian benchmark indices opened higher on Monday as key economic indicators, including GDP growth and strong GST collections, were in line with the expectations. Buying was seen in the auto and IT sectors in the early trade. At around 9.39 am, Sensex was trading 133.58 points or 0.18 per cent up at 73,331.68

Ahmedabad: Adani Green Energy Ltd (AGEL) on Monday announced it has refinanced $1.06 billion to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan — achieving another milestone in its capital management journey. India’s largest renewable energy company successfully refinanced its maiden construction facility with an outstanding amount of $1.06 billion taken in 2021. The

Mumbai: Markets regulator, the Securities and Exchange Board of India (SEBI) on Sunday said it would initiate “appropriate legal steps” to challenge the order of the ACB Court in Mumbai against its former Chairperson, Madhabi Puri Buch. In a statement, the SEBI said that “the applicant is known to be a frivolous and habitual litigant,

New Delhi: The good news is that India’s growth is becoming more balanced as private consumption’s share in GDP rose in fiscal 2025, according to a Crisil report. The mild revision of 10 basis points (bps) in the second advanced estimate to 6.5 per cent takes the expected real GDP growth this fiscal closer to

Mumbai:  The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point mantra in mind — trust, transparency, teamwork and technology — for ensuring the continued efficiency of the capital markets regulator. After taking charge of the SEBI headquarters at the Bandra Kurla Complex here, Pandey said, “SEBI is a very robust market institution. It has

New Delhi: India’s fiscal deficit for the first 10 months of the current financial year (April-January) stood at Rs 11.70 lakh crore, or 74.5 per cent of annual estimates, according to data released by the Controller General of Accounts (CGA) on Friday. In absolute terms, the fiscal deficit for the financial year ending March 2025

New Delhi: India’s GDP growth accelerated to 6.2 per cent in the third quarter (October-December) of 2024-25, up from a revised figure of 5.6 per cent in the second quarter of the financial year, on the back of stronger rural consumption following a good monsoon and increased government expenditure on infrastructure projects, data released by

New Delhi:  Retirement fund body EPFO has decided to retain the interest rate on employees’ provident fund deposits at 8.25 per cent for 2024-25 – the same as the previous year. The decision was taken by the EPFO’s Central Board of Trustees at a meeting held on Friday, according to reliable sources. The Employees’ Provident

New Delhi: Terming the ongoing visit of the European Commission President and the College of Commissioners to India as “unprecedented”, Prime Minister Narendra Modi on Friday said that it will elevate the India-European Union multifaceted partnership to new heights. “This is not only the first visit of the European Commission to India, but it is