Economy

New Delhi: Driven by strong fundamentals and resilient economy, the Indian equity markets are likely to see another record-breaking year for initial public offerings (IPOs), according to reports. The fundraising activity in the country has been broad-based across sectors so far. Domestic investments provided resilience amid geopolitical risks and market volatility, according to a Kotak

New Delhi: The large-scale manufacturing of silver nanowires and the production of conductive ink in the country can reduce India’s conductive ink import for advanced electronic material applications, according to Bhuvnesh Kumar, CEO of the Unique Identification Authority of India (UIDAI). Kumar highlighted transformative potential of indigenous nanosilver-based conductive ink technology in the field of

New Delhi: The Life Insurance Corporation of India (LIC) clocked a 14.64 per cent growth (year-on-year) in new business premiums in 2024, collecting Rs 2.33 lakh crore in the January-December period, according to data by the Life Insurance Council on Friday. This stellar performance by nation’s largest life insurer exceeds the insurance industry’s growth of

New Delhi: Days ahead of the inauguration of Mahakumbh 2025 in UP’s Prayagraj, the Adani Group’s spiritual side and its ‘Seva Hi Saadhna hai’ pledge is drawing everyone’s attention. Adani Group chairman Gautam Adani met the Trustees and officials of the iconic Gita Press on Friday and vowed to present ‘Aarti Sangrah’ to 1 crore

New Delhi: India’s economy is projected to grow by 6.6 per cent in 2025, following an estimated expansion of 6.9 per cent in 2024, largely driven by private consumption and investment, according to the UN World Economic Situation and Prospects (WESP) 2025 report released on Thursday Additionally, India’s strong export growth in services and certain

Mumbai: India saw the sale of 59 ultra-luxury homes priced above Rs 40 crore at a total value of Rs 4,754 crore last year, a 17 per cent increase from 2023, according to a report on Thursday. The data showed that out of the 59 ultra-luxury homes sold in 2024, at least 17 were priced

Mumbai: With the dawn of the Q3 FY25 results, the Indian stock market opened lower on Thursday as selling was seen in the auto, IT, PSU bank and financial service sectors. At around 9.27 am, Sensex was trading at 77,879.72 after dropping 268.77 points or 0.34 per cent, while Nifty was trading at 23,610.55 after

Ahmedabad:  Adani Ports and Special Economic Zone Ltd. (APSEZ) on Wednesday said it has been ranked among the top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA). With a score of 68 (out of 100) – a three-point improvement over last year, APSEZ is now placed in

New York: Lance Gooden, a Republican lawmaker from the US state of Texas, has slammed the Joe Biden Administration’s probe of senior Adani Group officials, saying this could derail US-India ties and economic growth. In a letter to US Attorney General Merrick B. Garland, the Congressman said the Department of Justice (DoJ) should focus on

New Delhi: The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by the Commerce Ministry’s Directorate General of Commercial Intelligence and Statistics showed on Wednesday. The $5 billion downward revision in gold imports would lead to