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Remarkable turnaround in last 10 years as banks' profit crosses Rs 3 lakh crore: PM Modi

20 May, 2024 4:16 PM

New Delhi, May 20 (IANS) The banking sector has witnessed a profit of Rs 3 lakh crore for the first time in the FY 2023-24.

National Business Politics Economy

Real estate sector booming, Sentiment Index Score at a decadal high

20 May, 2024 2:47 PM

Mumbai, May 20 (IANS) Real estate sector in India is in a booming stage. As per The Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January-March) report, the Current Sentiment Index Score jumped to 72, compared to last quarter's 69, setting a decadal high.

Business Economy

NEWS DATE: 19 May, 2024


Assam sees 159 pc growth in mutual funds, says CM Himanta Biswa Sarma

19 May, 2024 3:05 PM

Guwahati, May 19 (IANS) Assam has registered a significant growth in mutual funds over the last five years, said Chief Minister Himanta Biswa Sarma on Sunday.

National Politics NEWS POINT Economy

South Korea's exports of instant noodles surpass $100 mn for 1st time

19 May, 2024 9:58 AM

Seoul, May 19 (IANS) South Korea's exports of instant noodles surpassed the $100 million mark for the first time last month on the growing popularity of Korean culture and food, data showed on Sunday.

Business Science/Tech HEALTH/MEDICINE Economy

NEWS DATE: 18 May, 2024



Not just Tesla, we're expecting good response from several EV makers: DPIIT Secy

18 May, 2024 7:37 PM

New Delhi, May 18 (IANS) While all eyes are on Elon Musk-run Tesla to make its entry into India, the government is expecting a good response from several automobile majors on the electric-vehicle (EV) policy, Rajesh Kumar Singh, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said on Saturday.

Business Science/Tech Economy

India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant

18 May, 2024 3:09 PM

New Delhi, May 18 (IANS) India is likely to contribute 30 per cent of the global gross domestic product (GDP) between 2035-2040, G20 Sherpa and former NITI Aayog CEO Amitabh Kant said here on Saturday.

Business Science/Tech Economy

India to regain its share in global trade on back of sustained growth rates: DPIIT Secretary

18 May, 2024 2:35 PM

New Delhi, May 18 (IANS) In 2012, India was at 11th place in the world GDP rankings and today, the country is at the fifth position -- jumping six places in the last decade or so and it is only inevitable that we will go to the third spot in the next 2-3 years, Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), said on Saturday.

Business Economy

India hot investment destination for Western corporate giants: UN report

18 May, 2024 2:16 PM

New Delhi, May 18 (IANS) India has become an alternative investment destination for many Western companies, according to the latest World Economic Situation and Prospects report of the UN.

Business Economy


Nestle India shareholders reject proposal to hike royalty to Swiss parent

18 May, 2024 2:01 PM

Mumbai, May 18 (IANS) Nestle India shareholders have rejected a proposal of the company’s board of directors to increase royalty payments to its Swiss parent Nestle S.A., according to a regulatory filing by the company.

Business Economy

PM Modi will bring extended economic growth of 7-8 pc, says Norwegian diplomat Solheim

18 May, 2024 10:43 AM

New Delhi, May 18 (IANS) Prime Minister Narendra Modi, who is eyeing a historic third-consecutive term, cemented his claim to global leadership during the Indian G20 Presidency. He will bring extended economic growth in the country at a rate of 7-8 per cent, says Norwegian diplomat and green politician Erik Solheim.

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