Economy

Mumbai:  Adani Group shares rallied for the second consecutive day on Wednesday following a sharp surge in the previous trading session. In the trading session so far, Adani Green Energy stock surged to 1,080 per share with a gain of 7.27 per cent and Adani Power rallied to Rs 571.90 per share with a gain

Mumbai: The Indian stock market opened higher on Wednesday as buying was seen in the auto, IT and PSU bank sectors. At around 9.26 am, Sensex was trading at 76,758.37 after rising 258.74 points or 0.34 per cent, while Nifty was trading at 23,225.50 after climbing 49.45 points or 0.21 per cent. On the National

New Delhi: Three Indian banks — HDFC Bank, ICICI Bank, and the State Bank of India (SBI) — ended the fourth quarter (Q4) of 2024 at the 13th, 19th, and 24th spots in the top 25 global banks by market capitalisation, respectively, according to a new report. While HDFC Bank ended Q4 2024 with $158.5

New Delhi:  The total farm area sown in the country under various rabi crops in the ongoing season so far has increased to 632.3 lakh hectares, up from 631.4 lakh hectares in the same period of the previous year, according to official figures released by the Ministry of Agriculture & Farmers’ Welfare on Tuesday. The

Mumbai: The Indian equity market closed in the green on Tuesday amid favourable domestic and global cues, as Adani Enterprises was the top Nifty 50 gainer. At closing, Sensex was up 169.62 points or 0.22 per cent at 76,499.63 and Nifty was up 90.10 points or 0.39 per cent at 23,176.05. All stocks of the

New Delhi: India’s automobile sales surged by a robust 11.6 per cent in 2024 to scale the highest-ever mark of 2.5 crore units compared to the corresponding figure of 2.3 crore units in the previous year, according to wholesale data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. With this, India remained

New Delhi: National carrier Air India on Tuesday announced daily flights between Delhi and Prayagraj during the Mahakumbh 2025, the world’s largest spiritual gathering, as the demand surges at both domestic and international fronts. To meet the surging travel demand, Air India will operate the route from January 25 to February 28. “With these flights,

New Delhi:  The vehicle finance assets under management (AUM) in India is expected to touch Rs 9.4 lakh crore through next fiscal (FY26) with a compound annual growth rate (CAGR) of 15-16 per cent for this fiscal and next, according to a report on Tuesday. The continued demand for used vehicles and premiumisation, amid steady

New Delhi:  In a bid to boost research and development of new turmeric products, the government on Tuesday launched the National Turmeric Board, that will pay special attention on welfare of ‘Golden Spice’ farmers, develop good varieties and focus on its exports. Union Minister of Commerce and Industry, Piyush Goyal, inaugurated the board in the

New Delhi: The growth of small finance banks (SFBs) in the country is set to reach 20-23 per cent in FY26 from 18-20 per cent in FY25, a report showed on Tuesday. From a funding perspective, the SFBs have been gradually increasing the share of current account and savings accounts (CASA) deposits over the years