India’s economic momentum is expected to recover in the second half of FY25, driven by a rebound in government capex post-elections, recovery in rural consumption, and on the back of festive season demand, a report by Motilal Oswal Private Wealth (MOPW) said on Saturday. The growth remains steady, positioning India as one of the fastest-growing … Read more
The surge in the Indian stock market on Friday helped the Indian benchmark indices end the week on a positive note. A strong 2,000-point rebound from the lows suggests that the buy-on-dips strategy is working well in the market, experts said on Saturday. “With inflation coming within the RBI's tolerance level and an expectation of … Read more
Chief Minister Devendra Fadnavis said on Friday that various development policies are being implemented to make Maharashtra the most developed state in the country and a trillion-dollar economy. Addressing the World Hindu Economic Conference here, he said: "We will achieve the target of a trillion-dollar economy between 2028 to 2030." "Maharashtra is moving forward at … Read more
The government increased health budget allocation by 85 per cent in 2024-25, said Union Minister of State for Health and Family Welfare Anupriya Patel on Friday. “The budget allocation for the Department of Health & Family Welfare increased by 85 per cent from Rs 47,353 crore in 2017-18 (Budget Estimates) to Rs 87,657 crore in … Read more
India and Italy continue to work towards enhancing collaboration in maritime and land infrastructure in the framework of the India-Middle East-Europe Economic Corridor (IMEEC) besides also concluding an agreement on cooperation in the maritime and port sector. Speaking exclusively to IANS, Italian Ambassador to India Antonio Bartoli hoped that the work on the "game-changer" IMEEC … Read more
Civil Aviation Minister Kinjarapu Rammohan Naidu on Friday said that in the last 10 years, India’s civil aviation has pushed boundaries to become the third largest domestic aviation hub in the world, now we need to take it forward, break barriers once again and achieve the goal of becoming the number one domestic hub in … Read more
The government has invested more than Rs 6,000 crore in the past decade for the revival of inland waterways as a viable alternative of cargo movement as well as improving passenger connectivity, it was informed on Friday. Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said during a Parliament session that the sector saw … Read more
The Indian stock market closed in the green on Friday, with sharp gains in heavyweights like Bharti Airtel, ITC, HUL, and Kotak Mahindra Bank. At Closing, Sensex was up 843.16 points or 1.04 per cent, at 82,133.12 and Nifty was up 219.89 points or 0.89 per cent, at 24,768.30. During the session, BSE's benchmark made … Read more
Royal Orchid Hotels is currently trading at Rs. 356.85, up by 0.55 points or 0.15% from its previous closing of Rs. 356.30 on the BSE. The scrip opened at Rs. 353.90 and has touched a high and low of Rs. 359.10 and Rs. 351.05 respectively. So far 2280 shares were traded on the counter. The … Read more
Ministry of Commerce & Industry in its latest release has showed that India has achieved a remarkable milestone in its economic journey, with gross foreign direct investment (FDI) inflows reaching an impressive $1 trillion since April 2000, bolstered by a nearly 26% rise in FDI to $42.1 billion during the first half of the current … Read more