Category: Economy
Government mobilises about Rs 3,000 crore from Hindustan Copper OFS
New Delhi: The government has realised nearly Rs 3,000 crore from share sale of Hindustan Copper with the closure of OFS on Wednesday. The offer…
Sugar prices rise over Rs 1 per kg for second consecutive day to Rs 65 amid festive demand
Sugar prices rose for the second consecutive day on Wednesday, with the all-India average retail price increasing by more than Rs 1 per kg amid…
Tea industry seeks Rs 113 crore annual package to revive Darjeeling sector
Kolkata: The Indian Tea Association (ITA) has sought a package of financial, regulatory and structural interventions from the West Bengal government to revive the tea…
India to divert 350,000 tonnes of sugar exports to local market amid shortage
Indian refiners will divert 350,000 tons of sugar originally headed offshore into the local market, people familiar with the matter said, after authorities cleared the…
Post-pandemic trend: Strong divergence in corporate profit vs investment math captures policy attention
Corporate profits and profitability have bounced back more strongly than investment since the Covid-19 pandemic, with companies generating substantially higher returns from their existing assets…
India’s rice exports to 26 markets rise despite challenges; BIRC 2026 to drive diversification
New Delhi: India’s rice exports to 26 priority markets rose 1.1 per cent in value and 5.6 per cent in volume during November 2025-March 2026,…
Fastest-growing India has scale, growth and a young population, Sitharaman tells Canadian investors
Washington: India today stands as the fastest-growing major economy in the world and offers a combination of scale, sustained growth, a young population, expanding consumption…
Piyush Goyal proposes India-Japan ‘Shark Tank’ style startup series to boost investments, business ties
Tokyo: Commerce and Industry Minister Piyush Goyal on Wednesday proposed an India-Japan startup pitching series, on the lines of the popular ‘Shark Tank‘ format, to…
Indian economic growth likely slowed to 7.1% in April-June quarter: Reuters poll
BENGALURU: Indian economic growth slowed slightly to 7.1% in the April-June quarter, according to a Reuters poll of economists, on more subdued private investment, though…
Four India-based companies engulfed in Trump’s economic offensive against Iran
The US has widened its Iran sanctions campaign to four India-based companies and three Indian nationals, putting Indian businesses dealing with Tehran under greater scrutiny…