Economy

New Delhi: Prime Minister Narendra Modi on Thursday said that the Centre has taken a significant step to benefit farmers in the jute-producing sector, including in West Bengal, by approving a hike in the Minimum Support Price (MSP) of raw jute for the 2025-26 marketing season. Taking to X, PM Modi said, “Our government has

Mumbai: The Indian benchmark indices continued to tread with caution on Thursday amid mixed Q3 earnings as selloff in oil and gas and banking stocks continued. In the early trade, Nifty fell 0.28 per cent to 23,090, while the 30-stock Sensex declined 0.27 per cent to 76,202. However, gains on both the exchanges were seen

Davos: Minister of Railways, Electronics & IT Ashwini Vaishnaw has highlighted the vision of a New India with its transformative rail initiatives and sustainable infrastructure growth in his meetings with global industry leaders at the World Economic Forum 2025. “With Prime Minister Narendra Modi benchmarking India’s efforts to the global best…There is a lot of

New Delhi: Hindustan Unilever Ltd (HUL) on Wednesday reported a 19 per cent increase in its net profit for the third quarter this fiscal at Rs 3,001 crore, compared to Rs 2,519 crore in the same quarter in the year-ago period. The country’s largest FMCG company also announced the acquisition of a 90.5 per cent

Mumbai: India’s largest private lender HDFC Bank on Wednesday reported a 2.2 per cent rise in its net profit for Q3 this fiscal, as its gross non-performing assets (NPA) ratio rose during the quarter. For the December quarter, the bank’s profit stood at Rs 16,736 crore, compared to Rs 16,373 crore in the same period

Mumbai:  Total unique investors’ base (unique PANs) on the National Stock Exchange (NSE) crossed the 11-crore mark for the first time, and total client accounts registered with the exchange now stands more than 21 crore, it was announced on Wednesday. Investor registrations at the NSE experienced acceleration in recent year due to surge in stock

New Delhi:  The Centre has prepared plans to go for increased buying of pulses in the current Rabi season to ensure that farmers get remunerative prices for their crops and step up cultivation of pulses to reduce dependence on imports. A senior official confirmed that directions have been issued to Central nodal agencies National Agricultural

New Delhi: The Employees’ Provident Fund Organisation (EPFO) on Wednesday announced a net addition of 14.63 lakh members in November 2024, which represents an increase of 9.07 per cent over the corresponding figure for October. Further, the year-on-year analysis reveals a growth of 4.88 per cent in net member additions compared to November 2023, reflecting

New Delhi: The Central Board of Direct Taxes (CBDT) has notified amendments in the Income-Tax Rules to prescribe conditions for applicability of presumptive taxation regime for non-resident cruise ship operators, according to an official statement issued on Wednesday. As a measure to promote investment and employment, the Finance Act, 2024 provided a presumptive taxation regime

New Delhi: The Centre disbursed close to Rs 1,600 crore under the Production-Linked Incentive (PLI) scheme in the first half of 2024-25 with the large-scale electronics manufacturing sector getting the biggest chunk of Rs 964 crore, a senior official confirmed on Wednesday. The electronics sector was followed by the pharmaceuticals sector with Rs 604 crore.