Search Results for: fiscal deficit

Power demand in India declines for 1st time in 15 months, hydro gains steam

Power demand grows marginally in India as generation reaches 152 billion units in Oct

Power demand is estimated to have marginally risen to 0.4 per cent (year-on-year) to 140 billion units (BUs) in October after two consecutive months of decline.

16 hours ago

India's fintech startups grow fivefold in last three years

Fintech firm Cashfree Payments' losses increase to Rs 135 cr in FY24

Fintech firm Cashfree Payments has reported Rs 135 crore loss in the financial year (FY24), compared to Rs 133 crore loss in FY23.

16 hours ago

India hiring sees 11 pc surge in July, retail & telecom jobs lead

White-collar hiring in India up 10 pc in October, freshers' jobs up 6 pc

The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday.

18 hours ago

Strong investment, private consumption driving India's growth: UNCTAD

Indian economy is expected to record a growth of 6.8 per cent in 2024 and will clock an expansion of 6.3 per cent next year.

1 day ago

Facebook India's net profit up 43 pc to Rs 505 crore in FY24

Facebook India saw its profit surge by 43 per cent in the last fiscal (FY24), riding on digital advertising and support services offered to its parent company Meta in the US.

2 days ago

India clocks robust growth in key mineral production in FY25 first half

India Records Strong Growth in Key Mineral Production in FY25 first half

The government on Friday said that the production of key minerals in the country has continued to witness strong growth during the first half of the current fiscal (FY25), with iron ore leading the pack.

3 days ago

Beneficiaries laud PM Modi's efforts for having a house under PMAY

PMAY: A Beacon of Hope for India's Low-Income Families PMAY: Transforming Lives, Fulfilling Dreams of Home Ownership

The Pradhan Mantri Awas Yojana (PMAY) scheme has provided affordable housing to low-income families in India. Beneficiaries of PMAY have praised the initiative for improving their living conditions.

5 days ago

Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

Adani Ports clocks 42 pc surge in net profit at Rs 5,520 crore in H1 FY25

Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday reported 42 per cent surge in net profit at Rs 5,520 crore in the first half this fiscal (H1 FY25), compared to Rs 3,881 crore in the same period last fiscal (H1 FY24).

6 days ago

Adani Power's bid for KSK Mahanadi Power forces other bidders to raise offers

Adani Power logs 20 percent growth in continuing revenue at Rs 28,517 cr in H1 FY25

Adani Power on Monday reported 20 per cent growth (year-on-year) in continuing revenue at Rs 28,517 crore in the first half of this fiscal (HI FY25) and 10.8 per cent growth to Rs 13,465 crore in Q2 FY25.

7 days ago

Ambuja Cements clocks highest quarterly revenue of Rs 7,516 crore in Q2

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Monday, reported the highest quarterly revenue of Rs 7,516 crore in Q2 FY25, up 1 per cent (year-on-year).

7 days ago

PM Modi meets China's Xi Jinping; a first in five years

Prime Minister Narendra Modi of India and President Xi Jinping of China held a significant bilateral meeting, marking a thaw in strained relations. The leaders agreed to handle differences and disputes properly, ensuring peace and tranquility in border areas.

11 days ago

Enrollment for PM Internship Scheme kicks-off, youth to get Rs 5,000 per month

PM Internship Scheme for empowering Youth Employment

The Indian government launched the Prime Minister Internship Scheme (PMIS) to address youth unemployment and skill gaps.

12 days ago

SEBI gives approval to Niva Bupa for Rs 3,000 crore IPO

Niva Bupa Health Insurance on Monday said it has received final approval from the capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 3,000 crore through an initial public offering (IPO).

14 days ago

Population collapse is accelerating: Elon Musk

Musk's SpaceX wins $733 million launch contract from US Space Force

Elon Musk-run SpaceX has won a $733 million, eight-launch contract from the US Space Force.

16 days ago

India surpasses China to become largest two-wheeler market globally

India Overtakes China in Global Two-Wheeler Market

India has made a significant stride in the global automotive industry by surpassing China to become the world's largest two-wheeler market. This shift is primarily attributed to an increase in demand from rural areas, which has been bolstered by favourable monsoon conditions and government initiatives aimed at rural development.

17 days ago

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