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Top News / Financial Express

Risks to 6.5% growth forecast for FY24 now evenly balanced: CEA

Benefitting from the positive surprise for Q4, the FY23 GDP growth of 7.2% exceeded the advance estimate of 7% by a healthy margin, data released by the government on Wednesday showed.

1 Jun 2023 5:45 am
Foreign airlines tighten grip on overseas passenger traffic

The void created by the exit of Jet Airways, which was the largest Indian carrier in the international aviation market with a share of 15% in total and 40% among Indian carriers, was filled by foreign carriers.

1 Jun 2023 5:30 am
Abrdn sells entire stake in HDFC Life

At the end of the March quarter last fiscal, HDFC Ltds stake in the insurance company stood at 48.65%.

1 Jun 2023 5:15 am
Rs 33-trn power sector investment planned

As per the NEP document, the projected all-India peak electricity demand is 277.2 GW for 2026-27 and 366.4 GW for 2031-32.

1 Jun 2023 5:00 am
Impressive growth, but will it sustain?

The growth in FY24 will very likely be lower than FY23s level as the opportunities from the opening of the economy have been more or less exhausted

1 Jun 2023 4:30 am
Banks non-food credit rises to over Rs 138 trn

Credit to agriculture and allied activities rose 16.7% YoY to Rs 17.25 trillion while credit to industry segment rose 7% YoY to Rs 33.69 trillion.

1 Jun 2023 3:30 am
1 Jun 2023 3:00 am
Revival in private consumption still some time away

Govt capex focus boosts Q4 growth in gross fixed capital formation

1 Jun 2023 2:30 am
Transactions between 2 govt firms exempt from prior nod requirements by audit committee for RPTs: Sebi

As per the shareholding pattern, promoters hold a 16.22 per cent stake and the remaining 84.78 per cent stake is with foreign institutions, mutual funds, financial institutions, and the general public.

31 May 2023 9:40 pm
Barely 10% of total global IT spend is on cloud services: Dilip Kumar,Global VP AWS Applications

Customers now understand the value of customised and relevant information, rather than generic messages.

31 May 2023 8:51 pm
How Indias Logistics Sector is intended to be reshaped by The National Logistics Policy

Furthermore, it has already shown promising results, as India climbed from 44th to 38th position in the World Bank's Logistics Performance Index (LPI) and the policy has set an ambitious target of reaching the 25th position by 2030.

31 May 2023 8:47 pm
Brazil calls for common currency for South America; UNASUR Bloc to be revived

The Brazilian president had proposed developing a BRICS Currency, which according to experts the member countries will not agree to.

31 May 2023 8:02 pm
Life and business coach Dev Gadhvi on the importance of Living six Sundays a week

The concept challenges traditional work culture by endorsing the pursuit of enjoyment and fulfillment not just on weekends, but every single day.

31 May 2023 7:56 pm
Banks deploy Rs 15.80 lakh crore credit to micro, small enterprises in April: RBI report

Credit and finance for MSMEs:Overall, bank credit to the MSME sector under priority loans in April 2023 stood at Rs 19.84 lakh crore 14.3 per cent of Rs 138.36 lakh crore non-food bank credit deployed across sectors.

31 May 2023 7:52 pm
Canada Business Visa 2023: Eligibility requirements, filing process and benefits

A Canada business visa allows you to stay in Canada for up to 6 months without working for a Canadian employer.

31 May 2023 7:47 pm
Govt to sell up to 3 pc stake in Coal India

Besides, there will be a green shoe option for selling an equal amount of stake in case of over subscription, according to a regulatory filing.

31 May 2023 7:33 pm
Small businesses reassess their WhatsApp strategy, explore alternative platforms

Technology for MSMEs: The prices vary depending on the content of the message. Once a business exceeds 1,000 conversations, it will be charged Rs 0.70 for marketing messages and Rs 0.30 for service and utility-related messages within a 24-hour window.

31 May 2023 7:29 pm
Nestle forays into Onerare Foodverse to unveil its digital collectibles

According to an official release, the quest will involve gamers competing and collaborating to mint 16 Maggi dish collectibles

31 May 2023 7:17 pm
Quantron, Goldstone JV to pump in Rs 100 crore by 2025, to onboard more partners including OEMs

The partners are confident that just between the existing synergies, they will be able to support over 100,000 electric vehicles by 2030.

31 May 2023 7:10 pm
Major boost to Indian Navy: Romeo lands on the INS Vikrants deck

For the Indian Navy such successful landings are important as they enhance anti-submarine warfare (ASW) capability.

31 May 2023 6:55 pm
Working Sundays, 251,000 man-hours and more! Mangaluru International Airport recarpets 2.45 km runway in 75 days

Throughout the project's duration, the runway remained open for an average of 18 domestic and international flights per day.

31 May 2023 6:50 pm
HAYVN Pay collaborates with NORBr to permit cryptocurrency transactions for merchants

According to an official release, HAYVN Pay is now the crypto payment provider for NORBr

31 May 2023 6:45 pm
Traders, retailers welcome move by CBIC to curb fake GST registrations

Ease of doing business for MSMEs: Fake registrations are used to claim the input tax credit (ITC) through invoices without any underlying supply of goods or services.

31 May 2023 6:39 pm
Indian banks support mass adoption of AI and blockchain

Reportedly, Mahesh Kumar Jain talked about strategies for combatting risk related to sustainable growth and stability

31 May 2023 6:36 pm
GE will produce engines for LCA Mk2 soon Know more about F414-INS6 engine

The US based General Electric has sent an application to the American Congress seeking approval to jointly produce jet engines that could power jet aircraft and produced indigenously by India.

31 May 2023 6:33 pm
Adidas fails to freeze Kanye Wests $75 million marketing payment

Adidas AG lost a court bid to Ye to market Yeezy shoes

31 May 2023 6:29 pm
Godrej Aerospace engines power NVS-01 satellite

The utilization of these bands, operating within the 1 to 2 gigahertz radio spectrum, expands the range of services offered, reaching the upper end of the ultra-high frequency (UHF) band.

31 May 2023 6:26 pm
Congress sacrificed Indias moment of pride for selfish opposition: PM Modi on Parliament protest

Prime Minister Narendra Modi said that the Congress had acted in its selfish interests and insulted the labour of 60,000 workers who worked to build the new Parliament.

31 May 2023 6:26 pm
Google AI Chatbot Bards stock picks and investing tips for beginners

Artificial Intelligence Chatbot gave some all-round solid pieces of advice when it comes to general questions around investing.

31 May 2023 5:45 pm
Rupee falls 7 paise to close at 82.74 against US dollar

On the domestic front, traders were keeping an eye on the annual GDP data to be released later in the day.

31 May 2023 5:45 pm
Thermal power plants capacity utilisation projected to improve to 65.1 pc in FY24: Icra

In its latest report, Icra projected the all-India thermal PLF level to improve to 65.1 per cent in FY2024 led by the growth in electricity demand and limited thermal capacity addition.

31 May 2023 5:45 pm
Here are the dry days in 2023; You can stock your bar before with these whisky bottles

To ensure the fun is not spoilt for the whisky lovers, we have compiled a list of the Dry Days till the end of 2023, and also, how they can make the most of it by stocking the right whiskies beforehand.

31 May 2023 5:45 pm
Adipurush: Heres how much Prabhas, Kriti Sanon, Sunny Singh and others are charging for their roles in upcoming film

In this article, we will quickly take a look at the fees charged by Adipurish actors for their roles.

31 May 2023 5:40 pm
Mumbai coastal road project: Major breakthrough in underground tunnel work, says BMC

The BMC said that the significant breakthrough in the execution of a second underground tunnel of the coastal road project was achieved in the presence of Shinde and Deputy Chief Minister Devendra Fadnavis.

31 May 2023 5:27 pm
Amit Sadhs Duranga 2 to Sushmita Sens Aarya: 7 most awaited shows on Zee5, Netflix, Hotstar & Amazon Prime

We have loved some compelling series in the past three years and now they are returning with their next season. Here are the ones netizens can't wait to watch!

31 May 2023 5:27 pm
Key infra sector growth slows down to 6-month low of 3.5 per cent in April

The core sector growth was 9.5 per cent in April 2022 while in March 2023 the key infra sectors recorded a growth rate of 3.6 per cent.

31 May 2023 5:25 pm
Bitcoin investors believe Ethereum may boost crypto adoption

Reportedly, Ethereum doesnt have the biggest market cap compared to Bitcoin

31 May 2023 5:24 pm
Bidstack announces partnership with The Tiny Digital Factory and Fat Cigar Productions

Bidstack announces partnership with driving and racing mobile game studios The Tiny Digital Factory and Fat Cigar Productions

31 May 2023 5:21 pm
Delhi Metro bumps into signal glitch, services delayed for over 2 hours on Magenta Line

The Delhi Metro Rail Corporation (DMRC) also tweeted to alert commuters regarding the same.

31 May 2023 5:14 pm
When is the right time to eat watermelon? Know all about its benefits and side-effects

Watermelon contains a variety of nutrients, including potassium, magnesium, and vitamins A and C.

31 May 2023 5:10 pm
Centres fiscal deficit for 2022-23 at 6.4 pc of GDP: CGA data

Unveiling the revenue-expenditure data of the Union government for 2022-23, the Controller General of Accounts (CGA) said that the fiscal deficit in absolute terms was Rs 17,33,131 crore (provisional).

31 May 2023 4:50 pm
TCS most valued Indian brand according to Interbrands report

Technology is the leading contributor to the total value over the last decade, says top 50 most valuable brands report

31 May 2023 4:45 pm
Allahabad High Court says five Hindu womens plea seeking right to worship inside Gyanvapi mosque maintainable

The plea by the Muslim side was filed by Anjuman Intezamia Masjid Committee, which manages the Gyanvapi mosque.

31 May 2023 4:44 pm
BOB Financial opens up its entire RuPay Credit Card base for linking on UPI

Credit Card on UPI gives our customers access to the ease and convenience of transacting on UPI while they continue to enjoy the benefits of a credit card, BoB managing director Sanjiv Chadha said.

31 May 2023 4:40 pm
How to beat airport congestion? BCAS plans futuristic flight operations to handle passenger capacity

The BCAS is conducting this assessment as part of the Civil Aviation Ministry's efforts to ensure there is no congestion at airports during peak travel periods.

31 May 2023 4:35 pm
UAE central bank issues AML/CTF guidance for dealing with virtual assets

Reportedly, the guidance will come into effect within a month

31 May 2023 4:21 pm
Chinas commerce minister meets Teslas Musk, promises support to foreign companies

The commerce minister, Wang Wentao, said Beijing will support long-term, stable development of foreign-invested enterprises in China, according to a ministry statement.

31 May 2023 4:19 pm
Tata Motors only Indian EV maker in ICCTs global automaker rating 2022, Tesla and BYD top charts

Manufacturers headquartered in Japan and India must work to catch up to competitors in the transition towards zero electric vehicles.

31 May 2023 4:18 pm
Meet Sandeep Engineer, Founder of Astral Limited: Know about his career, lifestyle & net worth

Sandeep Engineer began working as a project engineer with Cadila Pharmaceuticals. He then started a job as a distributor of Isabgol, a home remedy for constipation. The venture shut down in a couple of years.

31 May 2023 4:15 pm
PM Modis US visit: Jet-engine tech on top agenda

India and the US are inching closer to signing a military jet engine. The mega military deal will be announced during Prime Minister Narendra Modis state visit to the US next month, according to the sources.

31 May 2023 4:12 pm