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Economy

Outlook 2023: Financials, cement, infra, renewable energy stocks to hog limelight next year

Mumbai (Maharashtra), December 31 (ANI): The year 2022 had seen the indices scaling the highest record as well as volatility as the central banks...

India’s forex reserves decline by USD 691 million for week ending Dec 23

New Delhi , December 31 (ANI): India's foreign exchange reserves fell by USD 691 million to USD 562.808 billion in the week that ended...

Weather uncertainties grip agri sector in 2022; food grain supplies, crop prospects look bright

New Delhi, Dec 31 (PTI) Wheat and paddy crops withered, and retail prices surged this year as vagaries of the weather clouded the...

2023 promises to be a good one for auto industry but headwinds remain, say leaders, experts

The auto industry expects 2023 to see sales grow by up to 7.5% for passenger vehicles over the levels seen in 2022, which itself was a record high for the segment.

Govt to launch Digital India Innovation Fund for deep tech startups

New Delhi , December 31 (ANI): The government will launch a Digital India Innovation Fund which will support deep tech startups, said Minister of...

Why start-ups are set to give gig economy a big boost in 2023

Gig workers, especially in start-up sector, will make up 4% of India’s total workforce by 2024, up from 1.5% in 2020-21, says report by financial platform StrideOne.

MOIL appoints Ajit Kumar Saxena as chairman and managing director

New Delhi , December 31 (ANI): Ajit Kumar Saxena assumes charge as chairman and managing director of MOIL. Prior to it, Saxena held the...

RBI puts 3 options on table for cryptos — regulate, ban or ‘let them implode’

Central bank says developing framework on crypto priority under India’s G20 presidency at a time when implosions of crypto exchanges, lenders & asset values have revealed inherent risks.

RBI report shows banks’ health improving, but write-offs are rising too

While commercial banks wrote-off Rs 10.09 lakh crore in last five financial years, they have recovered only Rs 1.32 lakh cr — a shade over 13% — from these written-off accounts.

India’s eight core industries register 5.4% growth in Nov 2022

New Delhi , December 31 (ANI): India's output of eight core industries registered a 5.4 per cent growth in November 2022 as compared to...

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

Complex network of India’s existing air defence capabilities & the way forward

Provocations among Israel & Iran have prompted discussion on the need for India to broaden its air defence apparatus, given tensions with adversarial neighbours.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.