Economy

Thiruvananthapuram:  Kerala Finance Minister K.N. Balagopal said on Tuesday that the Vizhinjam International Seaport, operated by Adani Ports, is set to become India’s largest port within the next decade. Speaking at the Vizhinjam Conclave 2025 and Global Investment Summit held in the state capital, he underlined the port’s transformative potential in elevating India’s stature in

Thiruvananthapuram:  Pranav Choudhary, CEO of Adani Ports SEZ, unveiled an ambitious vision for transforming the Vizhinjam International Seaport into a global maritime and logistics hub during the Vizhinjam Conclave 2025 here on Tuesday. Highlighting the port’s evolution since its inception in 2015 and the commencement of commercial operations in 2024, Choudhary underlined its pivotal role

New Delhi: The latest Reserve Bank of India (RBI) measures worth Rs 1.5 lakh crore to inject liquidity into the banking system should ease the stress in money markets, while the start of bond purchases is also likely to drive rupee rates lower through signalling effect and expectation channel that RBI will avoid any tightening

New Delhi: India Inc. is optimistic about the growth prospects of the economy and wants the Union government’s thrust on capital expenditure (Capex) to continue in the Union Budget 2025-26, according to a survey released by apex business chamber FICCI on Tuesday. According to the survey results, about 64 per cent participants expressed optimism regarding

Mumbai: Indian stock markets on Tuesday witnessed a positive trend with the benchmark indices gaining strong ground after two days of decline amid mixed global signals. At the closing bell, the BSE Sensex was up by 592.19 points, or 0.79 per cent, at 75,958.36, while the Nifty50 rose by 142.90 points, or 0.63 per cent

Gandhinagar:  Gujarat purchased 10 lakh metric tonnes (MT) of groundnuts from 298 lakh farmers at the minimum support price (MSP), according to state Agriculture Minister Raghavji Patel. “As of now, over 2.98 lakh farmers have sold 10 lakh metric tonnes of groundnuts worth Rs 6,700 crore, marking a historic achievement,” said Patel. He further explained

New Delhi:  Global electronics giant Samsung on Tuesday said it would further boost investment in the research and development efforts in India, as domestic consumers are keen to adopt latest technologies and innovations, making the country a top priority for the company. TM Roh, President and Head of Mobile Experience division at Samsung, said that

New Delhi: Sharks Tank India judges are “navigating choppy waters”, said Harsh Goenka, the chairperson of RPG Group, citing their company’s losses. Lauding the show for promoting entrepreneurship, Goenka shared data on the financial losses incurred by some of the judges. “I still love watching #SharkTankIndia. But it seems some of our sharks are still

New Delhi: Mantri Awas Yojana (PMAY-Urban) has made steady progress since it was announced in mid-2015 in providing affordable housing and going forward, adaptable, sustainable and low-cost construction technologies can be used to rapidly develop large mass housing projects, according to a report on Tuesday. Data by the Ministry of Housing and Urban Affairs indicates

New Delhi:  Morgan Stanley on Tuesday said that it expects the Reserve Bank of India (RBI) to commence the rate easing cycle with a 25-bps rate cut, reflecting the current domestic growth-inflation dynamics. In addition, “we expect the Central bank to add durable liquidity and keep a close watch on currency to limit excessive volatility,”