Economy45 pc young Indians choosing stocks as their primary investment option: Report
Bengaluru: Forty-five per cent of Indians, under age 35, are now picking up stocks as their primary investment option, a new report said on Monday. The growing interest in the stock market is driven by increased financial awareness, better access to investment tools and a desire for long-term wealth creation. According to the ‘Investor Behaviour
EconomyIndian tech industry to hit $300 bn revenue in FY26, workforce to reach 5.8 mn in FY25
New Delhi: The Indian tech industry is projected to reach $300 billion revenue in FY26, a Nasscom report said on Monday, adding that in the current fiscal (estimated), the industry will add at least 126,000 net new employees, taking the total workforce to 5.8 million. Amid shifting global economic patterns and evolving market dynamics, the
EconomyNTPC, France’s EDF ink pact on hydro projects
New Delhi: Government-owned power giant NTPC and EDF India, a subsidiary of France’s Electricite de France, have entered into a partnership to set up pumped hydro storage and hydro projects bundled with renewable energy initiatives along with exploring opportunities in the distribution business. “NTPC and EDF India have signed a non-binding term sheet to develop,
EconomyAdani Group to invest Rs 1.10 lakh crore in MP, to create 1.2 lakh jobs
Bhopal: India’s leading integrated business conglomerate, Adani Group is set to make waves in Madhya Pradesh with a colossal Rs 1.1 lakh crore investment across diverse sectors like pumped storage, cement, mining, smart meters, and thermal energy. This monumental move promises to create over 1,20,000 jobs by the end of the decade, the Indian business
EconomyGlobal brokerages give thumbs up to India’s evolving EV policy
New Delhi: Global brokerages and financial services majors have hailed India’s evolving electric vehicle (EV) policy which would help companies like Tesla to enter the country in a seamless way. According to Nomura, India’s EV policy will fast-track electric vehicle adoption, making it easier for Tesla and other global automakers to invest. The policy shift
EconomyBanks to play key role in attaining $350 billion target for Indian textile sector
Mumbai: Banks should play an important role in meeting the credit needs of textile sector, which supports 5.4 crore jobs and whose market size is targeted to grow from $172 billion to $350 billion by 2030, Textile Commissioner Roop Rashi has said. Rashi said we can reach this target before 2030 but the sector needs
EconomyIndian stock market opens lower, Sensex below 75,000
Mumbai: The Indian benchmark indices opened lower on Monday amid weak global cues, as selling was seen in the IT and financial service sectors in the early trade. At around 9.34 am, Sensex was trading 541.66 points or 0.72 per cent down at 74,769.40 while the Nifty declined 158.40 points or 0.69 per cent at
EconomyOver 26 pc of equity MFs in India outperform respective benchmarks in Jan
Mumbai: More than 26 per cent of equity mutual funds in India outperformed their respective benchmarks in January this year, a report said on Monday. The report, based on analysis of 291 open-ended equity diversified funds, found that 76 mutual fund schemes managed to deliver better returns than their respective indices during January. The assets
EconomyUSAID funds flowed into economic projects in India in 2023-24, not voter turnout: Finance Ministry report
New Delhi: While US President Donald Trump has launched a scathing attack on USAID’s funding in India, the annual report of the Nirmala Sitharaman-headed Finance Ministry shows that the assistance of $750 million provided by the US agency flowed into government projects linked to food, agriculture, rural development, energy and the environment during 2023-24. None
EconomyIndia leads global IPO activity in 2024, raises over $19 billion
New Delhi: India emerged as the global leader in initial public offerings (IPOs) activity in 2024, accounting for 23 per cent of all public issues worldwide, a new report said on Sunday. India also raised the highest amount of money through IPOs, collecting $19.5 billion, as per the Indus Valley Annual Report 2025. It was
