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Tuesday, October 1, 2024
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Demand subdued in top-consumers India, China despite price drop

By Rajendra Jadhav and Harshit Verma (Reuters) - Physical gold demand in India remained subdued this week despite a slight correction in prices as buyers awaited an even bigger drop, while Chinese

India’s JSW Infrastructure Q4 profit rises on higher cargo volumes

BENGALURU (Reuters) - JSW Infrastructure, India's No.2 private port operator by market capitalisation, reported a near 10% increase in fourth-quarter profit on Friday, boosted by higher cargo volumes.

Construction sector eyes steady growth in FY25; Private capex holds key to outlook: Ind-Ra report

Hyderabad (Telangana) , May 3 (ANI): India Ratings and Research (Ind-Ra) has forecasted a steady performance for the construction sector in FY25, with a...

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

Indian stock markets have given higher returns than Gold and FDs in FY24

Mumbai (Maharashtra) , May 3 (ANI): Indian stock markets have generated an impressive performance during the FY 2023-24. The Nifty 50 index delivered a...

Adani Green Energy Reports 30 pc YoY growth in EBITDA, hits Rs 7,222 cr in FY24

Ahmedabad (Gujarat) , 3 May (ANI): AGEL has announced its financial results for the fiscal year ending 31 March, reporting an increase in EBITDA...

Yen set for biggest weekly gain in 16 months; dollar awaits US jobs data

By Joice Alves LONDON (Reuters) -The yen was headed for its biggest weekly gain in 16 months on Friday, helped by Japan's suspected intervention this week to pull the currency away from 34-year lows,

ADB open to funding space sector in India: VP Bhargav Dasgupta

Tbilisi (Georgia), May 3 (PTI) The Asian Development Bank is open to funding the space sector in India in addition to focusing on climate...

Renewable energy accounted for 71 per cent of India’s new power generation in FY 24

New Delhi , May 3 (ANI): In India during FY 23-24, renewable energy (RE) contributed more than 70 per cent of the 26 GW...

Indian tyre maker MRF posts surprise drop in profit as rubber prices jump

BENGALURU (Reuters) - India's MRF reported a surprise drop in its fourth-quarter profit on Friday, as the tyre maker faced pressure from a spike in rubber prices. WHY IT'S IMPORTANT Ancilliary

On Camera

You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

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?