Economy

Mumbai: Adani Wilmar saw its stock rising on Monday after the company reported a 105 per cent jump in net profit at Rs 410.57 crore in Q3 FY25, compared to Rs 201 crore in the same quarter last year. Revenue for the quarter jumped 31 per cent (year-on-year) to Rs 16,859 crore, up from Rs

New Delhi: The Union Ministry of Finance has started the search for a new chairman to head the Securities and Exchange Board of India (SEBI) as the tenure of incumbent Madhabi Puri Buch ends on February 28. The Finance Ministry’s newspaper advertisements appeared on Monday inviting applications from qualified candidates for the appointment to the

Seoul: South Korea’s major brokerage houses are expected to have racked up decent earnings last year on the back of increased trading of overseas stocks, industry sources said on Monday. According to the data from market tracker FnGuide, the combined operating income of the country’s big five brokerage houses in 2024 is estimated at 5.66

Mumbai: The Indian benchmark indices opened lower on Monday amid poor Q3 earnings and weak global cues in the week of Union Budget 2025-26. Sensex was trading at 75,756.52, down 433 or 0.57 per cent at around 9.32 am while the Nifty 50 dropped below 23,000 at 22,963.75, or 128.45 points down (0.56 per cent).

New Delhi: India’s trade with the USA is on the upswing with robust growth being recorded in December in the bilateral exports of the two countries despite the disruption in shipping due to geopolitical tensions. India’s merchandise exports to the USA shot up by 8.5 per cent to $7 billion in December, according to the

New Delhi: The rapid development of smaller cities in India is expected to generate 24 million talent opportunities in tier 2 and 3 markets by 2033, with a balanced workforce comprising 75 per cent male and 25 per cent female talent, according to a new report. As per the World Travel and Tourism Council (WTTC),

New Delhi: India is among the world’s 13 leading industrial clusters along with countries such as Australia, Brazil, the Netherlands, the UK and Saudi Arabia to join the World Economic Forum’s Transitioning Industrial Clusters initiative to fight climate change and safeguard the planet, according to a WEF statement issued on Sunday. A new white paper

New Delhi: The electric vehicle (EV) revolution is in full throttle and EVs could hit 30-35 per cent of annual vehicle sales in India by FY30, though internal combustion engine (ICE) vehicles will still dominate the roads, co-existing with EVs for years to come, according to a new report. India is catching the EV wave,

New Delhi:  The Union Finance Ministry has notified the operationalisation of the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central government employees with effect from April 1, which will ensure them guaranteed retirement benefits. “The Unified Pension Scheme shall be applicable to such Central Government employees who are

New Delhi: Osamu Suzuki, Suzuki Motor Corp’s patriarch and long-time chairman who has been conferred Padma Vibhushan posthumously, headed the company for more than 40 years and revolutionised India’s car market with the introduction of the popular Maruti 800 small car. Osamu Suzuki is among seven personalities who were conferred Padma Vibhushans, one of the