Economy

New Delhi: Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current financial year, reflecting the timely implementation of projects to expand capacity and make travel safer, according to an official statement issued on Wednesday. The total Capital Expenditure (Capex) for railways in Budget Estimate 2024-25

New Delhi: Electric vehicle (EV) company Ola Electric Mobility Limited has received an administrative warning from the markets regulator, the Securities and Exchange Board of India (SEBI), for violating disclosure norms. The reason cited is that Ola Electric announced its e-scooter expansion plans first on social media instead of announcing it on the stock exchanges.

New Delhi: Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said. The first advance estimate (AE) of GDP for FY25 by the National Statistical Office (NSO) indicates GDP growth at 6.4 per cent.

Mumbai: Adani Group shares saw a bullish trend on Tuesday, as buying was seen in almost all of the group’s stocks, led by Adani Green Energy and Adani Power. At 1.19 p.m., Adani Green Energy gained 2.47 per cent, Adani Power gained 2.33 per cent, and Adani Energy Solutions gained 1.96 per cent. Apart from

Mumbai: The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report. The decline in gold prices during

Mumbai:  The domestic benchmark indices opened higher on Tuesday as buying was seen in the energy, PSE, auto, IT, PSU bank, financial service, pharma, FMCG, metal and realty sectors. At around 9.27 am, Sensex was trading at 78,292.85 after rising 327.86 points or 0.42 per cent, while Nifty was trading at 23,744.85 after gaining 128.80

New Delhi: As the controversy raged over Oyo’s revised policy for partner hotels, directing them not to allow unmarried couples to check in, the hospitality major said on Sunday the initiative is aimed at providing a safe experience for families, students, business, religious, and solo travellers. Earlier, starting with Meerut, Oyo gave a directive to

New Delhi:  As emerging technologies begin to transform industries across the spectrum, the country is committed to taking the lead in artificial intelligence (AI), with a focus on innovation and creating opportunities for the youth, Prime Minister Narendra Modi said on Saturday. After meeting former Infosys CEO Vishal Sikka, PM Modi said it was an

New Delhi: The State Bank of India (SBI) has announced two new deposit schemes, ‘Har Ghar Lakhpati’ and ‘SBI Patrons’, to provide greater financial flexibility and better value to its customers. SBI has a market share of about 23 per cent in deposits. With these offerings, the bank said it is committed to prioritise innovation

New Delhi:  Honda Motorcycle & Scooter India (HMSI) on Saturday said its total sales for 2024 stood at 58,01,498 units, registering a 32 per cent growth (year-on-year) over 2023. This included domestic sales of 52,92,976 units and 5,08,522 units exports last year. For the month of December, the total sale stood at 3,08,083 units. This