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CEA Nageswaran says India’s FY24 growth could hit 8%, but World Bank warns this is ‘above potential’

Speaking at an event, World Bank country director Auguste Tano Kouamé said growth above potential would result in high inflation.

26 states participate in workshop on State Mining Index

New Delhi , May 8 (ANI): The officials from 26 states participated in a workshop on State Mining Index which was organized by Ministry...

Stocks trade mixed, dollar climbs as Fed rate path pondered

By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) -European stocks rose on Wednesday, boosted by company earnings, while U.S. futures dipped and the dollar climbed as investors assessed

India’s Piramal Enterprises posts Q4 profit on reversal of AIF provisions

BENGALURU (Reuters) - India's Piramal Enterprises posted a profit for the fourth quarter on Wednesday as it reversed some funds set aside for its investments in Alternative Investment Funds (AIF). The

Zomato unveils weather services infrastructure

New Delhi , May 8 (ANI): Zomato CEO Deepinder Goyal on Wednesday unveiled what he called India's first crowd-supported weather infrastructure. It is a...

NTPC Green Energy ties up with MAHAPREIT to develop renewable energy parks, projects in Maharashtra

New Delhi, May 8 (PTI) State-owned power giant NTPC's arm NTPC Green Energy on Wednesday said it has entered into a pact with...

RBI Guv Das discusses ways to scale up UPI ecosystem with stakeholders

Mumbai, May 8 (PTI) Reserve Bank Governor Shaktikanta Das on Wednesday discussed with banks and other stakeholders ways to scale up the UPI...

Gold steady as geopolitical woes offsets firmer dollar

By Daksh Grover (Reuters) - Gold prices steadied on Wednesday as support from the safe-haven demand fuelled by geopolitical risks offset the pressure from a stronger U.S. dollar. Spot gold was flat at

Stock markets edge down on selling in banking & IT shares, weak global cues

Mumbai, May 8 (PTI) Benchmark Sensex slipped by 45 points in highly volatile trade on Wednesday due to selling in private bank and...

Google introduces Google Wallet in India for non-payment services

New Delhi , May 8, (ANI): Google has unveiled Google Wallet in India, a standalone app designed for Android devices, offering users a convenient...

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?