Economy

New Delhi:  Leading car manufacturer Maruti Suzuki India Ltd on Wednesday reported a 16 per cent increase in net profit to Rs 3,727 crore for the October-December quarter of the current financial year, compared to the corresponding figure of Rs 3,206.8 crore in the same quarter last year. The company’s revenue from operations rose 15.7

New Delhi: Air India on Wednesday announced that it will restart its non-stop flights between Delhi and Tel Aviv, with the first flight scheduled to take off on March 2. Resuming flights is part of the airline’s efforts to expand its international routes and improve travel options between India and Israel, it said in a

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the launch of the National Critical Mineral Mission with an outlay of Rs 16,300 crore and expected investment of Rs 18,000 crore by public sector undertakings (PSUs). Briefing the media after the Cabinet meeting, Union Minister for Information and Broadcasting Ashwini

Mumbai: The RBI’s monetary policy committee meeting scheduled for February is likely to spring some positive surprises with a growth-favoured approach, according to brokerage firm Jefferies. Reserve Bank of India (RBI) policies can take a growth-supportive turn, especially with the government expected to take a tight fiscal stance on February 1, Jefferies said in a

Mumbai: The Multi Commodity Exchange of India (MCX) on Wednesday said it will remain open for trading on February 1 due to the Union Budget 2025-26 presentation by Finance Minister Nirmala Sitharaman. MCX said trading will take place from 9:00 a.m. to 5:00 p.m. A special session will be conducted from 8:45 a.m. to 8:59

Mumbai:  Global capability centres (GCCs) fuelled record-breaking 77.2 million square feet office leasing in India, accounting for 36 per cent of total demand in 2024, according to a report on Wednesday. In 2024, GCCs leased 28 million square feet, recording all-time high activity levels that represent a significant 15.2 per cent increase and further solidify

New Delhi:  Investments made in India’s highways sector have translated to a more than three-fold increase in the country’s GDP due to the multiplier effect resulting from the creation of more jobs and incomes in the economy, according to an IIM-Bangalore study. The research study said that every unit of expenditure on highway construction has

New Delhi: Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a 40 per cent share of its global sales. The Asian market, including India, Indonesia, Thailand and Vietnam, accounts for 85 per cent of

Bengaluru: The Indian food services market, valued at $80 billion in 2024, is likely to grow at a compound annual growth rate (CAGR) of 10-11 per cent to reach $144-152 billion by 2030, according to a report on Wednesday. The organised food services market, currently constituting half of the overall sector, is outpacing the unorganised

Bhubaneswar: Odisha received a mammoth investment proposal of nearly Rs 20,900 crore in IT/ITeS, electronics, semiconductors, data centres, and other ancillary sectors on the first day of the two-day ‘Utkarsh Odisha’ – Make in Odisha conclave-2025 on Tuesday. These investments are expected to boost its economic growth and ensure balanced regional development significantly. Companies such