Economy

Ahmedabad: Led by its core infrastructure business, the Adani Portfolio has delivered the highest-ever trailing-twelve-month (TTM) EBITDA of Rs 86,789 crore, the Adani Group said on Thursday. The core infrastructure businesses (utility, transport, and incubating infra businesses under Adani Enterprises Ltd) accounted for 84 per cent of total EBITDA. On a trailing-twelve-month (TTM) basis, portfolio

New Delhi: The GMR Group-owned Delhi International Airport Ltd (DIAL) has filed a proposal with the Airport Economic Regulatory Authority seeking an increase on the user development fee charged from passengers and a hike in landing and parking charges of aircraft which, if accepted, could lead to an increase in the cost of airfares. DIAL

New Delhi: The Ministry of Electronics and Information Technology (MeitY) has taken a major step towards strengthening India’s digital governance with the launch of the Digital Brand Identity Manual (DBIM). The DBIM, which was unveiled at the first ‘Chief Information Officer (CIO) Conference 2025’ here, is part of the Gov.In initiative. It aims to create

New Delhi: India-focused offshore funds and exchange-traded funds (ETFs) registered a record net inflow of $23.4 billion in 2024, despite witnessing a net outflow of $954 million in the December quarter. According to a report by financial services firm Morningstar, from July to December, India-focused offshore funds and ETFs saw net inflows of $5 billion.

New Delhi: The Indian insurance sector has witnessed impressive growth over the last two decades and the government’s allowance of 100 per cent foreign direct investment (FDI) in the sector would further accelerate growth, attracting significant foreign capital and boosting innovation, according to a new report. India’s insurance sector has witnessed significant growth and development

Mumbai:  The Indian benchmark indices opened lower on Wednesday amid mixed global cues as selling was seen in the pharma and IT sectors in the early trade. At around 9.31 am, Sensex was trading 271.06 points or 0.36 per cent down at 75,696.33 while the Nifty declined 88 points or 0.38 per cent at 22,857.30.

New Delhi: The government on Wednesday said that a recent circular issued by the National Payments Corporation of India (NPCI) has no impact on the overall FASTag customer experience. The National Highways Authority of India (NHAI) issued a clarification after reports surfaced, citing the NPCI circular dated January 28, regarding the change in FASTag rules

New Delhi: The India-United Arab Emirates (UAE) comprehensive economic partnership agreement (CEPA) signed on 18th February 2022 completed three successful years on Tuesday which saw bilateral trade nearly doubling from $43.3 billion in FY 2020-21 to $83.7 billion in 2023-24, the Commerce and Industry Ministry said on Tuesday. During the 9-month period of April-December of

Mumbai: The newly launched ‘Chota SIP’ of Rs 250 aims to help people from all backgrounds build their savings, State Bank of India (SBI) Chairperson C.S. Setty said on Tuesday. The initiative is designed to make systematic investment plans (SIPs) more accessible, especially for those in rural and semi-urban areas, Setty said while speaking at

New Delhi: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman met former UK Prime Minister Rishi Sunak here on Tuesday and the two discussed potential new avenues to strengthen market-based financial ties and drive economic growth. The Finance Minister stressed the importance of leveraging the Commonwealth to bring issues of mutual interest to the