The country's exports rose by about 6 per cent to a "record" USD 447 billion during 2022-23 on account of healthy growth in the outbound shipments of sectors such as petroleum, pharma and chemicals and marine, Commerce and Industry Minister Piyush Goyal said on Thursday. The country's imports also grew by 16.5 per cent to [...]
India is not seeking permanent immigration visas from any country under a free trade agreement (FTA) and is only looking to engage with trading partners on mobility like temporary visas for students, Commerce and Industry Minister Piyush Goyal said on Thursday. He said that some people mix up mobility and immigration but they are two [...]
Benchmark equity indices Sensex and Nifty ticked higher for the ninth straight session on Thursday, buoyed by fag-end buying in banking, financial and realty stocks amid encouraging domestic retail inflation data. Weak trends in IT counters and fall in the overnight US equity markets triggered by fresh concerns over recession, however, put a check on [...]
The Central government will focus on strengthening the Vizag Steel Plant (VSP) for the moment rather than privatising it, Union Minister of State for Steel, Faggan Singh Kulaste said here on Thursday. He made this announcement on the sidelines of handing over appointment letters under Rozgar Mela. "As on date, we don’t have any plan [...]
Coal India Ltd, the world's largest coal miner, on Thursday reported a 17.2 per cent rise in production of coking coal, helping cut on imports of the fuel that is an essential input for production of iron and steel. In a statement, Coal India said coking coal production has risen to 54.6 million tonnes in [...]
Shares of AU Small Finance Bank soared 18.92% higher on Thursday to reach an intraday high of ₹ 689.90 apiece on the National Stock Exchange (NSE) after the Reserve Bank of India (RBI) greenlit the reappointment of the banking company’s existing MD and CEO for another three years. AU Small Finance Bank informed that the [...]
Anand Rathi Wealth Limited stock zoomed more than 2 percent today and currently trades at Rs 848. It hit the 52-week high mark at a price of Rs 884.55 showcasing an upside of around 6.5 percent from the previous closing levels of Rs 830.25. In the last six months, the stock has provided returns of [...]
TATA group's Indian Hotels Company Limited (IHCL), which owns the luxury hotel brand 'Taj', will operate Cochin International Airport Limited's (CIAL) five-star hotel at the airport premises with an estimated investment of Rs 100 crore, a release said here on Thursday. CIAL constructed the hotel, which is ideally located near the airport entrance, as part [...]
Air India will start TaxiBot operations for its A320 aircraft fleet at Delhi and Bengaluru airports, a move that has the potential to save up to 15,000 tonnes of jet fuel over three years. The airline has entered into an agreement with KSU Aviation to launch the TaxiBot operations, according to a statement on Thursday. [...]
Tata Consultancy Services (TCS) stock started its trading session at Rs 3,210 thereby staying in the red today with a downfall of about 2 percent and currently trading at a price of Rs 3,190. Tata Consultancy Services, based in Mumbai, is a global leader in IT services providing consultancy & business solutions supported by a [...]