Business

New Delhi: Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting to the tune of Rs 2,100 crore. The private sector lender, March 10, disclosed about some discrepancies in its derivatives portfolio which could...

New Delhi, March 13: Market regulator SEBI has decided to separate the Digital Management Information System (MIS) from the Key Result Areas (KRA) in its employees' annual evaluation process. According to sources, SEBI has issued an internal circular regarding this change. However, the old system...

New Delhi: India’s tea exports touched a 10-year high at 255 million kg in 2024 despite the uncertainties in the global market triggered by geopolitical tensions, data compiled by the Tea Board of India shows. The country’s exports shot up by a robust 10 per...

Mumbai: The Indian equity benchmark indices opened higher Thursday amid mixed global cues, as buying was seen in the Financial Service and PSU Bank sectors in the early trade. At around 9.31 am, Sensex was trading 61.17 points or 0.08 per cent up at 74,090.93...

New Delhi: Union Minister for Railways, Electronics and IT, Ashwini Vaishnaw, Wednesday welcomed Elon Musk’s affordable satellite internet service Starlink to India. India’s leading telecom giants, Airtel and Jio Platforms, have partnered with SpaceX to bring Starlink Internet services to the country. “Starlink, welcome to...

New Delhi: The year-on-year inflation rate, based on the Consumer Price Index (CPI), eased to a 7-month low of 3.61 per cent in February this year, which is 0.65 per cent lower than the corresponding figure for January, as food prices came down further during...

 New Delhi: India's industrial production rose by 5 per cent in January 2025 mainly due to good performance of the manufacturing sector, according to official data released Wednesday. The government also revised upward industrial growth figure to 3.5 per cent for December 2024 from the...

New Delhi: Retail inflation slipped to 3.61 per cent in February mainly due to the decline in the rate of price rise in vegetables and protein-rich items, creating space for the Reserve Bank of India for second reduction in interest rate next month. The consumer...

Mumbai: Equity benchmark indices Sensex and Nifty closed moderately lower on Wednesday due to heavy selling pressure in IT, telecom, and realty stocks amid growing concerns over a possible global economic slowdown. The 30-share BSE Sensex fell 72.56 points or 0.10 per cent to close...

New Delhi: Moody's Ratings Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction. Projecting a stable outlook for the...