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Business - Page 637

Adani Group to exit FMCG joint venture Adani Wilmar in $2 billion deal

31 Dec 2024 12:00 AM IST
New Delhi: Billionaire Gautam Adani’s group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the...

Prospects of economy likely to improve in 2025, says RBI Guv

30 Dec 2024 11:25 PM IST
Mumbai: Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday...

Sensex decline 451 points on selling in RIL, HDFC bank

30 Dec 2024 11:24 PM IST
Mumbai: Benchmark Sensex declined by nearly 451 points on Monday due to selling in heavyweight stocks HDFC Bank, ICICI Bank and Reliance Industries,...

Rupee falls 4 paise to 85.52 against dollar

30 Dec 2024 11:24 PM IST
Mumbai: The rupee dropped 4 paise to 85.52 against the US dollar on Monday, as dollar demand from importers, foreign fund outflows and a muted trend...

India’s external debt rises to $711.8 billion at September-end

30 Dec 2024 11:24 PM IST
New Delhi: India’s external debt rose to $711.8 billion as of September this year, up 4.3 per cent over June 2024, as per the data released by the...

Economy exhibiting resilience, GDP to grow at 6.6% in FY25: Reserve Bank report

30 Dec 2024 11:23 PM IST
Mumbai: The Indian economy is exhibiting resilience and stability, and the gross domestic product (GDP) is projected to grow at 6.6 per cent in...

‘Gross NPAs of banks decline to 12-year low of 2.6%’

30 Dec 2024 11:22 PM IST
Mumbai: The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio...

Digi Yatra passengers’ data not shared with I-T dept: Civil Aviation Ministry

30 Dec 2024 11:22 PM IST
New Delhi: The Civil Aviation Ministry on Monday said data of passengers who use Digi Yatra are not shared with the Indian tax authorities. Earlier...

Rs 17,581 cr invested under PLI scheme for specialty steel till Oct, says Govt

30 Dec 2024 11:22 PM IST
New Delhi: Companies have invested Rs 17,581 crore under the production-linked incentive (PLI) scheme for specialty steel till October 2024, the...

India Inc seeks cut in personal income tax rates

30 Dec 2024 11:21 PM IST
New Delhi: Representatives from industry bodies sought reduction in personal income tax rates to ensure higher disposable income in the hands of the...

Net claims of non-residents on India declined by USD 19.8 bn in Q2: RBI

30 Dec 2024 7:54 PM IST
Mumbai: Net claims of non-residents on India declined by USD 19.8 billion during the second quarter of the current financial year to USD 348.5 billion...

India's defence exports crossed record Rs 21,000 crore over decade: Rajnath

30 Dec 2024 5:00 PM IST
Mhow (MP): Defence Minister Rajnath Singh said on Monday that India's defence exports have crossed a record Rs 21,000 crore from Rs 2,000 crore a...
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