Karnataka?s economy outpaces national growth despite global headwinds: CM Siddaramaiah

Karnataka continues to drive India’s economic progress, registering a robust GSDP growth of 10.2 per cent in FY 2023-24, significantly surpassing the national average of 8.2 per cent, the Chief Minister's Office said in a statement on Monday.  The CMO's media release quoted data from the Union Ministry of Statistics and Programme Implementation (MoSPI). The … Read more

India now a global destination for local production, exports: Sunil Bharti Mittal

India has become a place where you produce locally, use locally and even export locally, Sunil Bharti Mittal, who heads India’s second largest telecom firm Bharti Airtel, said here on Monday, adding that a lot of companies from the country are now emerging on the global stage.  India currently provides high-quality mobile signals to 95 … Read more

Rupee trades flat against US dollar on Monday

Indian rupee was trading flat against the US dollar on Monday amidst weak domestic equities tracking persistent foreign fund outflows and an upward momentum in the crude oil prices. Foreign institutional investors were net sellers in the capital markets on Friday, as they offloaded shares worth Rs 5,485.70 crore, exchange data showed. India’s forex reserves … Read more

Sudan, South Sudan discuss resumption of oil transportation

Sudan and South Sudan stressed the need to address the obstacles facing the resumption of South Sudan's oil exports via the Sudanese territory.  This came after Chairman of Sudan's Transitional Sovereign Council and General Commander of the Sudanese Armed Forces (SAF) Abdel Fattah Al-Burhan met on Sunday with South Sudan's Presidential Advisor on National Security … Read more

Hyundai Motor India set to make stock market debut after record IPO

The Indian subsidiary of South Korean automotive giant Hyundai Motor is set to make its stock market debut this week following a record initial public offering (IPO), according to industry officials on Monday.  Shares of Hyundai Motor India are set to start trading on the Indian stock market on Tuesday, following last week's $3.3 billion … Read more