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Economy

Dollar consolidates ahead of inflation data; yen holds off 152 mark

By Brigid Riley TOKYO (Reuters) -The U.S. dollar consolidated against major currency peers on Thursday as traders braced for key economic data, after a Federal Reserve official said he wasn't in a

Billionaire Gautam Adani’s family increases stake in Ambuja Cement

BENGALURU (Reuters) - Indian billionaire Gautam Adani's family has increased its stake in building materials company Ambuja Cements after it infused 66.61 billion rupees ($799.05 million) in equity,

Adani starts USD 1.2 bn copper plant; to boost India’s metal production

New Delhi, Mar 28 (PTI) Billionaire Gautam Adani-led group on Thursday announced the start of the first phase of the world's largest single-location...

Adani’s copper unit in Mundra begins operations

New Delhi, Mar 28 (PTI) Adani group on Thursday announced start of its maiden copper plant at Mundra in Gujarat. Adani Enterprises is...

Oil prices advance as investors reassess US inventories data

By Katya Golubkova TOKYO (Reuters) -Oil prices edged up on Thursday, following two consecutive sessions of decline, as investors reassessed the latest data on U.S. crude oil and gasoline inventories

Bullish sentiment reigns as stock market soars at opening bell, Sensex-Nifty gain momentum

Mumbai (Maharashtra) , March 28 (ANI): The stock market commenced the trading day on Thursday with a surge of optimism, as reflected in the...

FTSE Russell defers India’s inclusion from government bond index

By Dharamraj Dhutia MUMBAI (Reuters) - Global index provider FTSE Russell will defer India's inclusion in its government bond index due to taxation, registration and settlement issues, even as two

FTSE Russell defers India’s inclusion in government bond index

By Dharamraj Dhutia MUMBAI (Reuters) - Global index provider FTSE Russell will defer India's inclusion in its government bond index due to taxation, registration and settlement issues, even as two

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

India emerges as key player in growth and innovation, global vegetable seeds market thrives: S&P GCI

New Delhi , March 28 (ANI): The global vegetable seeds market, valued at approximately USD 8 billion in 2022, continues to expand, driven by...

On Camera

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

India to start delivery of BrahMos missiles and launchers to Philippines tomorrow

India has completed storage-building space in one of the Philippines' islands as part of $374.96 million deal signed in January 2022.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.