Page 191 of ECONOMY

India should set up small modular reactors to meet energy demands: Niti member V K Saraswat

Last year in December, Minister of State in the Department of Space and Department of Atomic Energy Jitendra Singh had…

August 7, 2022 11:34 IST

Rainfall above normal; deficit in paddy-growing regions

Rainfall deficiency in eastern states —- Uttar Pradesh (-43%), Bihar (-33%), West Bengal (-24%) and Jharkhand (-48%) — has hit…

August 7, 2022 07:41 IST

Focus on two-way liquidity operations as volatility rises

The levels of liquidity in the system had led the markets to believe that the move to a neutral policy…

August 6, 2022 07:51 IST

Bad days ahead,’ warns Pakistan’s finance minister

The Pakistani rupee appreciated 2.15 against the US dollar for the sixth consecutive session during intra-day trade in the interbank…

August 5, 2022 17:02 IST

Govt relaxes sugar export quota for 2021-22; allows additional 1.2 mn tonne shipments

Later in a statement, the food ministry said sugar mills can now export up to 11.2 million tonnes from the…

Updated: August 5, 2022 21:19 IST

PM Modi to chair NITI Aayog Governing Council meeting on August 7

The 7th Governing Council meeting will endeavour to finalise a roadmap and outcome oriented action plan on each of the…

August 5, 2022 15:20 IST

Indian economy is an island of macroeconomic, financial stability: RBI Governor Shaktikanta Das

“In an ocean of high turbulence and uncertainty, Indian economy is an island of macroeconomic and financial stability,” Das told…

August 5, 2022 13:53 IST

No GST on room rents of ‘sarais’ managed by religious or charitable trusts: CBIC

The clarification was issued by the Central Board of Indirect Taxes and Customs (CBIC) on Thursday evening to clear the…

August 5, 2022 12:55 IST

As per the PMI survey, service providers that reported higher sales in July mentioned favourable demand conditions and fruitful advertising.

Services PMI at 4-month low on dented demand, high costs

However, in July, the domestic market remained the key source of sales growth as international demand for Indian services worsened…

August 4, 2022 06:00 IST

India’s services sector growth at 4-month low in July; inflation, unfavorable weather dent sentiment

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 59.2 in June to 55.5 in July,…

August 3, 2022 11:39 IST

Consumption up across household, essential and health products, says AxisMyIndia report

July’s survey also highlights that though 44% of the respondents acknowledge improvement in living standards in the last few years,…

August 3, 2022 08:18 IST

Services exports may beat recession woes, hit record $300 billion: Merchandise sector expected to see a slowdown

Downside risks from elevated inflation, tight monetary conditions and the Ukraine war are adding to the already “gloomy and more…

August 3, 2022 05:20 IST

GST e-invoicing threshold halved to Rs 10-crore from October

0.36 million more firms brought under digital reporting framework.

August 3, 2022 03:30 IST

E-invoice to be mandatory for B2B deals for business with turnover of Rs 10 crore from October 1

Currently, businesses with turnover of Rs 20 crore and above are required to generate electronic invoice for all B2B transactions.

August 2, 2022 15:46 IST

No question of India witnessing recession or stagflation, says FM Nirmala Sitharaman

Replying to a debate on price rise in the Lok Sabha on Monday, Sitharaman indicated the government is open to…

August 2, 2022 07:57 IST

India’s manufacturing activity touches 8-month high in July on new orders: Survey

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index rose from 53.9 in June, to 56.4 in July, highlighting…

Updated: August 1, 2022 14:00 IST

Off-budget loans: States’ borrowing limit cut by Rs 41,000 crore

The funds raised so by APSBCL will be used to fund welfare schemes, but serviced by the Corporation’s profit from…

August 1, 2022 05:30 IST

Centre sanctions Rs 20,000 crore as capex loans to 8 states

States with better execution capacity to gain from the Rs 1 trillion scheme.

August 1, 2022 02:00 IST

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Suzlon Energy Q2 FY26 results: Profit jumps 539% to Rs 1,279 crore, revenue growth at 85%

Business11 min ago

Suzlon Energy, a leading solar energy company, reported a 539% increase in net profit in the second quarter of FY26, reaching Rs 1,279 crore. Its revenue also saw a significant growth of 84.6%, reaching Rs 3,865 crore. The company’s EBITDA also grew by 145%, standing at Rs 721 crore. Suzlon’s Vice Chairman, Girish Tanti, highlighted the company’s focus on sustainable growth and record 6

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