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FPIs pour Rs 2,085 crore into equities in first half of August

FPIs pour Rs 2,085 crore into equities in first half of August

Foreign portfolio investors (FPIs) have bought Indian equities worth Rs 2,085 crore with in the first half of the month of August owing to the improvement in the economic activity. As per depositories data, overseas investors pumped in a net Rs...

ONGC net profit soars 800% in Q1

ONGC net profit soars 800% in Q1

State-owned Oil and Natural Gas Corp (ONGC) net profit has soared by nearly 800 percent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production. Net profit in April-June at Rs...

PM Modi initiates Vehicle Scrappage Policy to boost economy

PM Modi initiates Vehicle Scrappage Policy to boost economy

Prime Minister Narendra Modi on Friday initiated the National Automobile Scrappage Policy and said the initiative would promote a circular economy and make the process of economic development more sustainable and environment-friendly. The...

Global crypto market reaches $2tn, Bitcoin surges again

Global crypto market reaches $2tn, Bitcoin surges again

As the global cryptocurrency market hit $2 trillion for the first time in nearly three months, the industry players on Friday said the surge in the market cap indicates a wider acceptance of crypto assets across the globe, including in India....

India seeks Tesla's local sourcing plans, roadmap before any tax breaks

India seeks Tesla's local sourcing plans, roadmap before any tax breaks

India has asked Tesla Inc. to ramp up local procurement and share detailed manufacturing proposals before the carmaker’s demands for lower taxes on electric vehicles are considered, a person with the knowledge of the matter said....

Retail inflation hits a 3-month low while industrial output goes up

Retail inflation hits a 3-month low while industrial output goes up

Retail inflation based on Consumer Price Index (Combined) came to a three-month low of 5.59 per cent in the month of July due to the moderation in food prices, according to data released Thursday by the National Statistical Office (NSO). The...

FinMin Nirmala Sitharaman: Now Is The Best Time For Corporate India To Step Up Risk Taking

FinMin Nirmala Sitharaman: Now Is The Best Time For Corporate India To Step Up Risk Taking

Finance Minister Nirmala Sitharaman on Thursday said that the government is doing everything required in order to support the economy, and urged industry leaders to step up investments and build capacity in the domestic chip manufacturing and...

TN industry segments want budget to focus on economic revival

TN industry segments want budget to focus on economic revival

The Tamil Nadu chapter of Confederation of Indian Industries and Federation of Indian Chamber of Commerce and Industry (FICCI) has called upon the state government to concentrate on stressed industries and to bring in revival package for these...

PayU And Shopmatic proclaim Zero TDR charges

PayU And Shopmatic proclaim Zero TDR charges

International e-commerce enabler Shopmatic has been supporting more entrepreneurs and SMBs to go online through its “Inspiring Entrepreneurship Programme.” Shopmatic is providing zero hosting charges to anyone signing up between 3rd...

KFC, Pizza Hut operator Sapphire Foods signs IPO papers with SEBI

KFC, Pizza Hut operator Sapphire Foods signs IPO papers with SEBI

Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, has filed draft papers with capital markets regulator Securities and Exchange Board Of India to increase funds through an initial public offering (IPO). The initial share-sale...

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