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Business - Page 520

India’s service sector growth softens to 5-month-low: PMI

6 Jun 2024 12:33 AM IST
New Delhi: India’s service sector growth eased to a five-month low in May amid fierce competition, price pressures and a severe heatwave, even as new...

Sebi relaxes timeline for material-change disclosures by FPIs

6 Jun 2024 12:32 AM IST
New Delhi: Markets regulator Sebi on Wednesday relaxed timelines for disclosure of material changes by Foreign Portfolio Investors (FPIs). The...

Coal India’s contribution to govt exchequer drops 2.2% to Rs 9,560 crore in April-May

6 Jun 2024 12:32 AM IST
New Delhi: State-owned Coal India Ltd’s contribution to the government’s exchequer dropped 2.2 per cent to Rs 9,560.28 crore in the April-May period...

Food delivery, e-com cos unite to protect delivery partners from heatwave

6 Jun 2024 12:31 AM IST
New Delhi: With large swathes of India being under the grip of heatwave and several cities recording temperatures above normal levels, food delivery...

RBI panel starts deliberations on monetary policy

6 Jun 2024 12:31 AM IST
Mumbai: The rate-setting panel of RBI on Wednesday started its three-day deliberations to decide the next monetary policy amid expectations of...

Domestic air traffic likely to touch 164 mn in FY25

6 Jun 2024 12:31 AM IST
New Delhi: India’s domestic air traffic is expected to rise 6 to 8 per cent to 161 to 164 million in the current financial year, according to a...

Govt looking to develop more airstrips, calibrate airport regulations

6 Jun 2024 12:30 AM IST
New Delhi: The civil aviation ministry is looking at developing more airstrips as well as calibrating regulations for major and small airports to...

Slim majority for BJP poses challenges to reforms agenda, say Rating agencies

6 Jun 2024 12:30 AM IST
New Delhi: The BJP losing its outright majority and now having to rely on allies to form a government may delay more far-reaching elements of economic...

Sensex, Nifty crash nearly 6%, biggest 1-day decline in 4 years

4 Jun 2024 11:16 PM IST
Mumbai: In the biggest single-day fall in four years, benchmark stock indices Sensex and Nifty plunged by nearly 6 per cent on Tuesday as counting...

Rupee plunges 37 paise to 83.51 against dollar

4 Jun 2024 11:16 PM IST
Mumbai: The rupee tumbled 37 paise to close at 83.51 against the US dollar on Tuesday as the ruling BJP fell short of the absolute majority in the Lok...

Most of Adani Group cos hit lower circuit limit, Adani Ent and Adani Ports dive 25% intra-day

4 Jun 2024 11:15 PM IST
New Delhi: Shares of all Adani Group companies tumbled on Tuesday, with many firms hitting their lower circuit limit, as counting trends showed the...

Shares of PSUs, PSBs tank up to 24%

4 Jun 2024 11:15 PM IST
New Delhi: Shares of public sector enterprises and state-owned banks tumbled up to 24 per cent on Tuesday as vote counting trends showed the BJP may...
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