Indian Tyre Industry: The tyre makers in India are likely to see revenue growth of 7-8 per cent this fiscal (FY25), driven by a 3-4 per cent increase in both realisations and volume, according to a report on Monday. Revenue will grow in single digit for the second straight year (albeit nearly double that of […]
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New Delhi: The overall gross exports of gems and jewellery from India stood at Rs 25,194 crore in October, a growth of 9.18 per cent compared to Rs 22,857.16 crore in the same month last year, bringing relief for the industry amid volatility in markets, according to a data released by the Gems and Jewellery […]
Last Updated:November 18, 2024, 18:50 IST On inflation, FM Nirmala Sitharaman says a set of three or four perishable commodities is driving the headline inflation, currently, and the rest of it, the core items, are at manageable levels of three or four per cent. Finance Minister Nirmala Sitharaman speaks at an event organised by SBI. […]
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting […]
Last Updated:November 18, 2024, 18:21 IST The move is part of a cost-cutting strategy that involves vacating 500,000 square feet of premium office space spread across 18 floors at WTC, owned by Brigade Enterprises Ltd. The new location’s rent will be less than one-third of the Rs 250 per square foot Amazon currently pays at […]
The Reserve Bank of India is planning to initiate a pilot programme next year in 2025, which will offer data storage to financial institutions at reasonable prices, according to sources cited by Reuters.In the first-of-its-kind initiative from a major global central bank, the cloud platform will be utilizing local IT firms, against Amazon Web Services, […]
Domestic energy prices are expected to edge up again in the New Year, according to consultancy Cornwall Insight. A household using a typical amount of gas and electricity will pay £1,736 a year from January, according to the forecaster, which is widely regarded for its accurate predictions. That would be a £19 a year rise, […]
Last Updated:November 18, 2024, 13:05 IST National Highway 44 starts in Srinagar, Kashmir, and ends in Kanyakumari, Tamil Nadu. NH-44 offers a complete journey across India. Over the past decade, India has transitioned from building highways to constructing expressways. Among these, the Delhi-Mumbai Expressway is a significant infrastructure project. However, in terms of length, it […]
Foreign investors have sold over $13 billion of Indian equities since October. CLSA and Citi are taking opposite stances on Indian equities. CLSA reversed its tactical overweight on China while raising exposure to India, saying the South Asian nation is least likely to feel the heat from potentially higher tariffs when Donald Trump takes office […]
