Economy

New Delhi:  Infamous short-selling firm Hindenburg Research, which is now being disbanded as per an open letter from its founder Nate Anderson, has been under the radar of Indian regulators like the Securities and Exchange Board of India (SEBI) over its report against the Adani Group, which was dismissed by the Supreme Court. The Adani

New Delhi: The Central government has issued an order allowing its employees to travel on Tejas, Vande Bharat, and Humsafar express trains under the Leave Travel Concession (LTC) scheme in a move aimed at providing more convenient and faster travel options for them to visit their hometown or go for holidays to tourist destinations during

New Delhi:  India’s electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting the increase in foreign demand for high- value Indian goods and rising domestic production capacities, data compiled by the Commerce Ministry showed.

Mumbai:  The Indian stock market opened higher on Thursday amid positive global cues, including hope of an end to the conflict in Gaza, as buying was seen in the PSU bank and financial service sectors. At around 9.22 am, Sensex was trading at 77,157.74 after rising 433.66 points or 0.57 per cent, while Nifty was

New Delhi: Hindenburg Research founder Nate Anderson has announced to disband the short seller firm, saying there is not one specific thing — “no particular threat, no health issue and no big personal issue”. The short-seller firm targeted several top corporate leaders across the world, including in India, mostly at the behest of vested interests

Ranchi: Mining activities are set to commence in four of the 34 coal blocks allotted by the government in Jharkhand within a week, while preparations are also underway to operationalise nine other coal blocks, with necessary procedures nearing completion, officials said. The launch of these coal blocks is expected to boost economic activities in the

New Delhi: India’s total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in the same period of the previous financial year, the Commerce and Industry Ministry announced on Wednesday. The cumulative value of merchandise exports during April-December 2024

New Delhi: India will be the most resilient economy among the top 10 leading ones in the next three years (2025-2027), becoming the fourth largest economy by 2026, the PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday. The country is making significant strides in its futuristic growth trajectory and the GDP in the

Seoul: Hyundai Motor Group’s think tank on Wednesday cautioned against underestimating BYD, China’s largest electric vehicle (EV) manufacturer, as it plans to enter South Korea’s passenger car market. Yang Jin-soo, head of the mobility industry research division at Hyundai Motor Group Business Research Center, said during a seminar with automotive industry reporters that “there is

New Delhi: India’s macros (like fiscal consolidation, strong balance sheets and recovery in consumption) remain robust amid slowing global growth and the country’s long-term growth prospects remain steady, projected at 6.5 per cent real GDP growth and 10-11 per cent nominal GDP growth, according to a report on Wednesday. The strength of banks (NPAs below