INDUSTRY
India’s Industrial Production Growth Slows to 3.2% in December
India’s industrial production growth, measured by the Index of Industrial Production (IIP), slowed to 3.2 percent in December as compared to 5.2 percent in November, according to the data released…
India Achieves Record Rs 1.27 Lakh Cr in Defence Production: Rajnath Singh
BIZ DESK Union Defence Minister Rajnath Singh has said that the five-day Aero India show set to begin in Bengaluru tomorrow will not only showcase India’s defence capabilities but also…
Piyush Goyal Urges Pharma Industry to Prioritise Quality & Innovation
AMN Union Minister of Commerce and Industry Piyush Goyal has urged the pharmaceutical industry to prioritise quality and innovation, positioning itself as the driving force behind India’s medical advancements. Addressing…
Defence Ministry signs contract of ₹642 Cr with BEL for 28 EON-51 Systems for Indian Navy
BIZ DESK The Ministry of Defence today signed a contract with Bharat Electronics Limited for the procurement of 28 EON-51 systems for 11 New Generation Offshore Patrol Vessels and three…
Range Rover Electric, undergoing most intensive testing, to be available soon
—Monali Sarkar With the Range Rover Electric, JLR’s first reimagined modern luxury electric vehicle (EV), slated to become available for pre-order in early 2025, its first vehicle prototypes are undergoing…
ECONOMY
STOCK MARKET
US Stocks Rise as Corporate Earnings & Jobless Claims Data Boost Markets
US stocks edged higher yesterday, buoyed by positive corporate earnings reports from some companies. Also, the number of Americans filing new applications for unemployment benefits decreased last week, the Labour…
Final Trade Feb 14: Sensex, Nifty Extend Losing Streak as Markets End in Red
BIZ DESK Benchmark domestic equity indices today ended in negative territory amid a broad-based sell-off, extending their downward trend to the eighth straight session. The broader market indices at BSE…
Final Trade Feb 13: Sensex sheds 122pts, Nifty at 23,045; banks shine in Volatile Trade
Benchmark domestic equity indices ended with modest losses in a volatile trade today, extending their declines to the sixth straight session. The 30-share index at the Bombay Stock Exchange, Sensex,…
Equity Mutual Funds See ₹39,687 Cr Inflows in January; Debt Funds Rebound
Equity mutual funds saw net inflows of over 39,687 crore rupees in January. According to data from the Association for Mutual Funds in India (AMFI) released today, inflows into smallcap…
Why is Indian stock market faltering?
The Indian stock market has been reeling under selling pressure lately amid relentless foreign capital outflows, concerns over weak earnings, slowing economic growth, and the domestic currency plunging to all-time…
COMAPNY
TRADE
Bangladesh asks Adani Power to restore full electricity supply
Zakir Hossain / Dhaka Bangladesh has asked Adani Power to restore full electricity supply as agreed in the original pact, three months after a faceoff with the Indian firm over…
India-Bangladesh trade connectivity will continue, says India’s envoy
Zakir Hossain / Dhaka Indian High Commissioner to Bangladesh, Pranay Kumar Verma, emphasized the strengthening trade connectivity and economic engagement between India and Bangladesh during an interactive session organized by…
Gadkari urges need to reduce logistic costs to boost exports
Union Minister of Road Transport and Highways, Nitin Gadkari today said that nearly 5 lakh road accidents and 1.80 lakh deaths occurred in 2024. Addressing the concluding event of Project…
India-Australia economic agreement marks two years of remarkable success
BIZ DESK The India-Australia Economic Cooperation and Trade Agreement ECTA has completed two years of remarkable success, driving mutual growth and showcasing the complementarity of both economies. It has significantly…
Export of Ayurvedic Medicines Declines in Two Years: DGCI&S Data
AMN / NEW DELHI The Directorate General of Commercial Intelligence and Statistics data shows that Ayurvedic medicines exported to other countries decreased from one crore thirty-six lakh twenty-three thousand US…