Union Education Minister Dharmendra Pradhan on Sunday said India has to become a manufacturing economy for achieving the 'Make in India' goal. He said India currently has the momentum to achieve it. "Until India becomes a manufacturing economy, it will continue to buy goods from others as a purchasing economy," the minister, who also holds [...]
Tracking positive clues from the global market, domestic benchmark indices - BSE Sensex and NSE Nifty 50 opened higher. Most sectoral indices were in the green barring consumer durables. The BSE Sensex started the second week of 2023 at 60147.07 points, and the NSE Nifty 50 started at 17952.55 points. The indices snapped a three-day [...]
The Shares of Jyoti Resins and Adhesives Limited have delivered 45,830% in just ten years, as the share price has risen from Rs 2.6 in January 2013 to the current level of Rs 1,201 on the BSE. Jyoti Resins and Adhesives Limited is an India-based company that is engaged in the business of manufacturing synthetic [...]
The country's largest private sector lender HDFC Bank on Saturday reported an 18.5 per cent increase in its standalone net profit at Rs 12,259.5 crore for the third quarter ended December 2022. The bank had earned a net profit of Rs 10,342.2 crore in the corresponding quarter of the previous fiscal year. Total income on [...]
NDTV's three senior executives, including the group president, have resigned weeks after the Adani group took control of the broadcaster. NDTV group's President Suparna Singh, Chief Strategy Officer Arijit Chatterjee and Chief Technology and Product Officer Kawaljit Singh Bedi have resigned, the company said in a regulatory filing. "The Company is in the process of [...]
Prime Minister Narendra Modi on Friday said both public and private sectors need to leverage synergies and think out of the box to seize opportunities arising as a result of the emerging global environment. While interacting with noted economists and experts at NITI Aayog ahead of the Union Budget, the Prime Minister also applauded the [...]
India's forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said on Friday. The overall reserves had increased by USD 44 million to USD 562.851 billion in the previous reporting week after two consecutive weeks of the slide. In October 2021, the country's foreign [...]
Prime Minister Narendra Modi on Friday met several prominent economists as his government gets ready to present the Union Budget for 2023-24 amid global headwinds emanating from geopolitical tensions, said sources. Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget in the Lok Sabha on February 1. The minister has already met different [...]
Mining major Vedanta is likely to report a decline in its profit after tax (PAT) for the October to December quarter of 2022. Analysts say that the company’s net profit may fall by up to three fourth on a year-on-year (YoY) basis, following the softening of the commodity cycle. They said that the PAT may [...]
Despite reduced offerings for all categories of tea, a marginal increase in total demand was in evidence during Sale-02, a Calcutta Tea Traders Association (CTTA) official said here on Friday. The current auction was held on January 10, 11 and 13. The market witnessed a mixed note. CTC leaf and Orthodox met with increased demand [...]
