Economy and Finance
News and views related to the Indian Economy and Financial sector
BSE Sensex reaches 60,000 for the first time, surges 134 per cent in the last 18 months
The last 10,000 point rally, from 50,000 to 60,000-mark, came in just 8 months, the fastest ever since the launch of Sensex in March 1986
NDTV share hits 10 per cent upper circuit over rumours of buyout: Here’s what it means
Speculations are rife that Adani Group is soon going to acquire New Delhi-based NDTV.
Banks suffer due to bad loans, then economy suffers as banks lend less – Read how ‘Bad Bank’ will break this vicious cycle
NARCL is intended to resolve stressed loan assets above ₹500 crore each amounting to about ₹2 lakh crore in total
PepsiCo India sets up its largest greenfield food plant in Mathura in Uttar Pradesh, a year after wrapping up business in Kerala
UP CM Yogi Adityanath inaugurated PepsiCo India's largest greenfield foods plant worth Rs 814 crore in Kosi Kalan in Mathura
Ford India shuts shop after a decade of bad business: How it went from accumulated losses of ₹1,764 crore in 2014 to ₹14,802 crore...
Ford India to shut down its car assembly plants in Sanand and Chennai, after suffering continuous losses for several years
Karnataka ranks at the top, attracts almost 50% of the total FDI flow to India in the Apr-June quarter
Karnataka has attracted Foreign Direct Investments (FDIs) worth Rs 62,085 crore in the first quarter of FY 2022 which is 48% of the total FDI flow to India during this period.
Finance Ministry introduces bill to withdraw retrospective tax and refund collected amounts, says the tax is a sore point for investors
Finance ministry to amend the Income Tax Act, 1961 to remove the provisions of retrospective tax introduced by UPA govt in 2012.
India’s manufacturing sector sees the strongest rate of growth in July in recent months: IHS Markit survey
Asserting the strongest growth rate, the seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 48.1 in June to 55.3 in July.
Adani group shuts logistics park in Punjab due to seven-month blockade by farmer protesters, buys land in UP for data centre
After both state govt and high court failed to lift the blockade, Adani Logistics Ltd decided to shut the logistics park in Ludhiana, Punjab
London court declares fugitive Vijay Mallya bankrupt
London court declares fugitive Vijay Mallya bankrupt.
