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Economy

Shriram Properties profit up 32 pc in Jan-Mar to Rs 20 cr

Bengaluru, May 30 (PTI) Realty firm Shriram Properties reported a 32 per cent increase in consolidated net profit to Rs 20.18 crore for...

FDI inflows fall 3.5 pc to USD 44 billion in FY24

New Delhi, May 30 (PTI) Foreign direct investment (FDI) equity inflows in India declined 3.49 per cent to USD 44.42 billion in 2023-24 due...

Peak power demand hits all-time high at 246 GW

New Delhi, May 30 (PTI) India's peak power demand hit a record high of 246.06 GW per day after mercury touched highest-ever levels...

Federal Bank partners with Tata AIA Life Insurance for bancassurance

New Delhi , May 30 (ANI): Private lender Federal Bank has tied up with Tata AIA Life Insurance Co to provide its customers access...

India and Southeast Asia emerging as top manufacturing hubs: JLL

New Delhi , May 30 (ANI): India and Southeast Asia are emerging as top manufacturing hubs beyond China, driven by supply chain diversification, says...

Stocks, bonds steady after rate angst sell-off

By Samuel Indyk and Rae Wee LONDON (Reuters) -European stocks steadied on Thursday as bonds regained some ground after a sell-off the day before on bets that global interest rates would stay higher

Gold dips with US economic data in focus

By Ashitha Shivaprasad (Reuters) - Gold prices were muted on Thursday, with market spotlight on key U.S. economic data that could shed some light on the Federal Reserve's interest rate move. Spot gold

Number of frauds in banking sector rises in FY24, amount declines 47 pc

Mumbai, May 30 (PTI) The number of frauds in the banking sector went up to 36,075 in 2023-24 year-on-year, but the amount involved reduced...

Dollar trades around two-week high as U.S. bond yields surge

By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) -The dollar held steady on Thursday after rising to a two-week high as a rout in U.S. Treasuries pushed up yields, boosting the currency's

Mumbai set for another vertical boom, high rise buildings projected to rise over 30% this decade

New Delhi , May 30 (ANI): Mumbai, a land scarce metropolitan, has limited ways to expand its infrastructure and thus has the country's maximum...

On Camera

1991 reforms shifted burden of healthcare costs from govt to people. PM-JAY reversed it

After LPG, out-of-pocket expenditure on health facilities increased not only in absolute terms but also as a percentage of total health expenditure.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

Germany, Spain await key decision as Navy seeks proven tech for submarines to stay underwater longer

Navy is looking to acquire six new submarines with Air Independent Propulsion technology, which allows vessels to stay underwater for longer periods.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?