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Indian stock market opens in green, Nifty above 23,500
Business

Indian stock market opens in green, Nifty above 23,500

Mumbai, March 27: The domestic benchmark indices opened in green on Thursday amid mixed global cues, as selling was seen in the auto sector in the early trade. At around 9.26 am, Sensex was trading 112.96 points or 0.15 per cent up at 77,401.46 while the Nifty added 28.20 points or 0.12 per cent at...
US tariffs on imported cars to weigh heavily on S. Korean carmakers
Business

US tariffs on imported cars to weigh heavily on S. Korean carmakers

Seoul, March 27: US President Donald Trump's recent announcement to levy 25 per cent tariffs on all imported vehicles next month is expected to deal a heavy blow to South Korean carmakers, which largely depend on shipments to the United States, analysts said on Thursday. Trump signed a proclamation...
India pips Sri Lanka to become world’s 2nd-largest tea exporter
Business

India pips Sri Lanka to become world’s 2nd-largest tea exporter

New Delhi, March 27: India has surpassed Sri Lanka to become the world’s second-largest exporter of tea with 255 million kg of tea exports in 2024, while Kenya has retained the top spot, according to data compiled by the Tea Board of India. India’s tea exports touched a 10-year high at 255 million...
Apple announces annual ‘WWDC25’ to showcase latest software advancements
Business

Apple announces annual ‘WWDC25’ to showcase latest software advancements

Cupertino (California), March 26: Tech giant Apple on Wednesday announced it will host its annual Worldwide Developers Conference (WWDC) online from June 9 to 13. Developers and students will also have the opportunity to celebrate in person during a special event at Apple Park on June 9, the company...
India to gain the most among emerging markets amid US economic policy shift
Business

India to gain the most among emerging markets amid US economic policy shift

Mumbai, March 26: With the United States shifting its economic stance, emerging markets are poised for a significant rally, and India stands to gain the most with robust foreign institutional investors (FII) inflows returning into its markets, a new report said on Wednesday. There is a paradigm...
Special drive led to declaration of foreign assets, income of Rs 30,300 crore: FM Sitharaman
Business

Special drive led to declaration of foreign assets, income of Rs 30,300 crore:...

New Delhi, March 26: Union Finance Minister Nirmala Sitharaman said that a special campaign carried out by the Income Tax Department has led to the declaration of foreign assets and income to the tune of Rs 30, 300 crore after over 30,000 taxpayers revised their income tax returns or filed belated...
National Stock Exchange begins electronic settlement of its unlisted shares
Business

National Stock Exchange begins electronic settlement of its unlisted shares

Mumbai, March 24: The National Stock Exchange of India (NSE) on Monday started settling trades of its unlisted shares electronically, marking marks a major shift from the previous manual process. The transactions will now be handled through Central Depository Services India Ltd (CDSL), making the...
Centre disburses Rs 364 crore for handloom workers’ schemes in 2024-25: Minister
Business

Centre disburses Rs 364 crore for handloom workers’ schemes in 2024-25: Minister

New Delhi, March 24: The Centre has released over Rs 364 crore during the current financial year (FY25) for schemes to benefit handloom workers in the country, the Parliament was informed on Monday. While a sum of Rs 192.06 crore was released for the National Handloom development Programme, another...
GCCs lead BFSI sector’s record commercial real estate leasing in India in last 3 years
Business

GCCs lead BFSI sector’s record commercial real estate leasing in India in last 3...

Mumbai, March 24: Led by global capability centres (GCCs), the year 2024 marked a watershed year for the banking, financial services and insurance (BFSI) sector in India's commercial real estate, which leased 13.45 million square feet (sq ft), claiming a 17.4 per cent share of the annual leased...
Industry hails Centre’s disbursement of Rs 14,020 crore as incentive under PLI scheme
Business

Industry hails Centre’s disbursement of Rs 14,020 crore as incentive under PLI...

New Delhi, March 24: The industry on Monday applauded the government's commitment to strengthening India's manufacturing sector through the disbursement of Rs 14,020 crore under the production-linked incentive (PLI) scheme across multiple sectors, driving sales of Rs 14 lakh crore.The Centre has...
PLI for telecom products sees Rs 4,081 cr investment, sales worth Rs 78,672 cr
Business

PLI for telecom products sees Rs 4,081 cr investment, sales worth Rs 78,672 cr

New Delhi, March 22: In a boost for the ‘Make in India’ initiative, the production-linked incentive (PLI) scheme for telecom and networking products has seen an investment of Rs 4,081 crore (as on January 31), generating total sales of Rs 78,672 crore. It includes export sales worth Rs 14,963 core....
Korean Air to sign $32.7 bn in aircraft deals with Boeing, GE Aerospace
Business

Korean Air to sign $32.7 bn in aircraft deals with Boeing, GE Aerospace

Seoul, March 22: Korean Air Lines, South Korea's national carrier, will acquire some 20 aircraft from US Boeing and procure spare engines from GE Aerospace, in a combined deal worth US$32.7 billion, Seoul's industry ministry said. A pre-signing ceremony took place at the Department of Commerce in...
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