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Economy

March 11, 2025 6:29 PM

Airtel partners with Musk’s SpaceX to bring Starlink’s high-speed internet to India

Telecom major Airtel on Tuesday said it has signed an agreement with Elon Musk’s SpaceX to bring Starlink’s high-speed internet services to its customers in India. This is the first agreement to be signed in India, which is subject to SpaceX rec...

March 11, 2025 5:03 PM

India’s security, facility management services to clock double-digit growth in 2025-26: Crisil

Rapid urbanisation, rising industrial investments and expanding commercial spaces will help the organised domestic security and facility management services sector clock 10-12 per cent revenue growth in the next financial year, according to a Crisil ...

March 11, 2025 4:23 PM

Sensex ends flat, Nifty gains amid weak global cues

Indian stock markets remained volatile on Tuesday but managed to recover from early losses, with the Sensex closing nearly flat and the Nifty posting modest gains despite weak global cues and concerns over a potential US recession. The trading sessi...

March 11, 2025 4:06 PM

Startups in textile sector see steady growth, says Giriraj Singh

The number of startups in India's textile sector has seen a steady increase over the past five years, according to Union Minister for Textiles, Giriraj Singh. In a written reply to a question in the Lok Sabha on Tuesday, Singh revealed that the numbe...

March 11, 2025 3:21 PM

Too early to predict global recession, India may not be impacted much: Economists

Amid growing concerns about a potential global economic slowdown, experts caution that it is too early to predict a full-scale recession. The primary factor fueling these fears is the United States' plan to impose higher tariffs on imports, a move th...

March 11, 2025 12:44 PM

India’s venture capital funding surges 43% to $13.7 billion in 2024

India’s venture capital (VC) ecosystem witnessed a strong resurgence in 2024, with total funding reaching $13.7 billion—a 43% increase compared to the previous year, according to a report by global consultancy Bain & Company released on Tuesd...

March 11, 2025 12:20 PM

India’s long-term growth outlook remains strong, equity market seen as attractive opportunity: Morgan Stanley

India’s equity market presents an attractive opportunity, with the country expected to continue growing its share of global output in the coming decades, driven by a combination of strong foundational factors, according to a new Morgan Stanley repo...

March 11, 2025 10:35 AM

Asian stocks slide, yen gets a boost as US growth worries grip markets

Asian stocks fell sharply on Tuesday as a market selloff extended on mounting worries that a wide-ranging trade war could dent U.S. economic growth and lead to a recession, sending skittish investors to the safe-haven Japanese yen. Investor concerns...

March 11, 2025 10:23 AM

Sensex, Nifty open lower amid weak global cues

Indian equity markets opened lower on Tuesday, tracking weak global trends, with selling pressure seen in IT, media, and private banking stocks during early trade. At around 9:35 a.m., the BSE Sensex was down by 371.74 points, or 0.50%, trading at 7...

March 10, 2025 4:58 PM

Indian pharma market to grow 8-9 per cent in FY26: report

The Indian pharmaceutical market is expected to grow 8-9 per cent year-on-year in FY26, according to a report on Monday. The report by India Ratings and Research (Ind-Ra) said the growth in the sector will be at 7.5-8.0 per cent year-on-year for FY2...

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