Economy Archives - Page 68 of 224

Economy

February 24, 2025 4:52 PM

Textile, Tourism, Technology: PM Modi’s ‘mantra’ for India’s development

Prime Minister Narendra Modi inaugurated the Global Investors Summit (GIS) in Bhopal on Monday, urging investors to explore the abundant opportunities in Madhya Pradesh. Highlighting the state's industrial, infrastructural, and entrepreneurial potent...

February 24, 2025 10:53 AM

Sensex, Nifty open lower amid muted Q3 earnings and FIIs selling

Indian stock markets began the week on a weak note, continuing their recent downward trend as investors reacted to muted third-quarter (Q3) corporate earnings and sustained foreign institutional investor (FII) selling. Both benchmark indices opened i...

February 23, 2025 8:36 PM

AI downloads in India surpass US, China: FM Sitharaman

Finance Minister Nirmala Sitharaman has highlighted the rapid pace of innovation in India and the country's leadership position in the adoption of artificial intelligence (AI). In her address at the convocation ceremony of IIIT Kottayam, she pointed...

February 22, 2025 3:28 PM

Domestic air passenger traffic rises 14.5% Year-on-Year, reaches 150.3 lakh in January

Domestic air passenger traffic in India maintained its upward momentum in January, reaching an estimated 150.3 lakh passengers, according to a report by ICRA. This marks a 0.7% increase compared to December 2024 and a 14.5% jump from January 2024. N...

February 21, 2025 5:23 PM

DRI busts seven fake currency modules across four states; nine arrested

In a major crackdown on Fake Indian Currency Notes (FICN) operations, the Directorate of Revenue Intelligence (DRI) dismantled seven modules across Maharashtra, Haryana, Bihar, and Andhra Pradesh, resulting in the arrest of nine individuals. The oper...

February 21, 2025 4:16 PM

Sensex, Nifty end lower amid global weakness and broad-based sell-off

The Indian stock market closed lower on Friday, extending its weekly losses due to weak global cues and broad-based weakness across sectors. The Sensex declined by 424.90 points, or 0.56%, to close at 75,311.06, while the Nifty fell by 117.25 points...

February 21, 2025 12:34 PM

India’s private sector growth hits six-month high in February: HSBC flash PMI data

India's private sector output reached a six-month high in February, driven by a sharp expansion in services activity, according to the latest HSBC Flash PMI data. The seasonally adjusted HSBC Flash India Composite Output Index rose to 60.6 from 57.7...

February 21, 2025 2:02 PM

India’s fruit exports expand into western markets with GI tags driving growth

India’s agricultural exports have reached new markets under the Modi government, with shipments of fruits entering Western countries for the first time and rice exports recording substantial growth, boosting farmers’ incomes. A senior agricultur...

February 21, 2025 10:17 AM

Sensex, Nifty trade almost flat, rupee strengthens

The Indian stock market traded nearly flat on Friday morning amid mixed global cues, with automobile stocks dragging sectoral indices. Shares of ICICI Bank, Infosys, Kotak Mahindra Bank, Tata Motors, and Reliance Industries weighed on the benchmark ...

February 20, 2025 5:10 PM

Ministry of Defence signs Rs. 1220.12 crore deal with Bharat Electronics for Coast Guard Radios

In a major step toward enhancing maritime security, the Ministry of Defence has inked a contract worth Rs. 1220.12 crore with Bharat Electronics Limited (BEL), Bengaluru, for the procurement of 149 state-of-the-art Software Defined Radios (SDRs) for ...

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