New Delhi, Sep 29 (IANS) State power distribution companies (discoms) will see their operating losses reduce by a third to nearly Rs 8,000-10,000 crore this fiscal (FY26) from an estimated Rs 12,000-15,000 crore last fiscal, a report said on Monday.Improving...
New Delhi, Sep 29 (IANS) Global professional services firm EY on Monday raised India’s real GDP growth projection to 6.7 per cent -- up from its earlier estimate of 6.5 per cent, owing to robust GST 2.0 reforms.The upward revision...
New Delhi, Sep 29 (IANS) India’s navratri economy is gaining momentum with strong festive tailwinds as e-commerce sales are projected at Rs 1.2 lakh crore -- with UPI volumes crossing 20 billion transactions in August, and MSME festive credit demand...
New Delhi, Sep 29 (IANS) The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday.The central bank had...
New Delhi, Sep 29 (IANS) The Indian Initial Public Offering (IPO) market is experiencing a blockbuster year in 2025, with companies already raising close to Rs 85,000 crore through 74 mainboard offerings as of September. The momentum is expected to...
New Delhi, Sep 29 (IANS) The India-European Free Trade Association's (EFTA) Trade and Economic Partnership Agreement (TEPA) will officially become operational on October 1, with the four-nation bloc comprising Switzerland, Norway, Iceland and Liechtenstein.Under the agreement, the European bloc has...
New Delhi, Sep 29 (IANS) The colocation and cloud services segment in India is building the backbone of the nation's $1 trillion digital economy mission, a report said on Monday. Data centres and cloud platforms form the backbone of India’s...
New Delhi, Sep 29 (IANS) India continues to hold the top position in global milk production for several years now, and contributes nearly a quarter of the world’s supply, contributing 5 per cent to the national economy and directly employing...
Mumbai, Sep 29 (IANS) The Indian equity indices opened higher on Monday with a rise in heavyweight stocks, as the key RBI MPC meeting began to decide on the repo rate.At 9.22 am, Sensex was up 108 points or 0.14...
Seoul/New Delhi, Sep 29 (IANS) Samsung Heavy Industries said on Monday it has partnered with India's Swan Defence and Heavy Industries to collaborate in shipbuilding and offshore engineering.Under a memorandum of understanding (MOU) signed earlier, the two companies will pursue...
Mumbai, Sep 29 (IANS) The three-day Reserve Bank of India’s Monetary Policy Committee (MPC) meeting, starting Monday, is widely expected to hold its key policy rate at 5.50 per cent.However, a surprise cut cannot be ruled out amid US trade...
Seoul, Sep 28 (IANS) The presidential office said on Sunday that South Korea and the United States have discussed the possibility of Seoul being designated a currency manipulator after Finance Minister Koo Yun-cheol's recent remarks on the allies' completed foreign...