Page 161 - Latest News

Pakistan has replied to India on Indus Water Treaty review: Foreign Office

The India Water Treaty (IWT) signed in 1960 through the good offices of the World Bank has survived the vicissitudes of the acrimonious ties between the countries

India elected to UN statistical body for four-year term from January 1

Jaishankar said India's expertise in the field of statistics, diversity and demography has earned it the seat on the UN Statistical Commission

India services growth slows down in March after 12-year high in Feb

No change in employment seen neither in services nor in manufacturing, says PMI survey

Tata Steel output grows 3% to 7.77 MT in Q4; sales fall 3.43% to 7.59 MT.

Tata Steel India's production increased to 5.15 MT during the said quarter from 4.90 MT in January-March 2021-22 and tts sales rose marginally to 5.15 MT from 5.12 MT a year ago

RBI should prioritise inflation over growth, say FinMin officials

The RBI has a mandate to keep retail inflation at 4 per cent within a band of 2 percentage points on either side

India plans to get ahead of the curve in 6g telecom technology

The government is ready to put its money where its mouth is. The vision document has suggested a research and development fund of Rs 10,000 crore, led by the government for the next 10 years for 6G an

New projects hit Rs 12.3 trillion in March quarter on large orders

Analysts say slowing growth globally may limit future investments

Credit Suisse's fatal bank run points to gaps in liquidity regulations

As Swiss officials and Credit Suisse executives emphasized this week that the firm's emergency sale staved off imminent collapse, they highlighted how sharp the run was

Five IPOs get Sebi go-ahead to raise up to Rs 3,000 cr collectively

The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year

ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24

Pegs capital need at Rs 1,000 cr for three years

Cube Highways files document for privately placed Rs 5,226-crore InvIT

The InvIT, Cube Highways Trust, will raise Rs 3,803 cr in fresh capital and Rs 1,423 cr by way of secondary share sale by sponsor Cube

HDFC twins, economic data lifts markets, Sensex gains over 2,000 points

HDFC Bank and HDFC Ltd rose 2.7 per cent and 3 per cent respectively, accounting for half of the gains made by the Sensex

Avalon Tech, largest IPO so far this calendar year, subscribed 8% on day-2

Issue closes tomorrow; firm had allotted shares worth Rs 389 cr to anchor investors Nomura Trust, Ashoka India Opportunities Fund, Goldman Sachs and Neuberger Berman

Stay on 'black money' notice to Anil Ambani to continue: High Court

The HC had in September 2022 granted an interim stay to the show-cause notice pending hearing

HDFC Bank garners record Rs 1.5 trillion deposits in a quarter

This is the highest in a three-month period since merger announcement with HDFC Ltd

Hindalco: Adjusting to the new environment; metal volumes may stagnate

Capex cut, focus on profitability, healthy balance sheet should help overcome medium-term hurdles

Larsen & Toubro gains nearly 3% as hydrocarbon business wins mega contract

The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, a mega project is of over Rs 7,000 crore.

Sebi takes slew of measures to crack down on misleading investment ads

Bars usage of superlative terms, projections, past performance and in some cases even comparisons

Average daily cash volumes continue to dip; F&O segment hits new high

Markets remained volatile during the month amid the banking crisis in the developed world, boosting trading activity

Global trade growth expected to be subpar at 1.7% in 2023: WTO

With this, the trade growth is below the 12-year average of 2.6 per cent since the trade collapse that followed the global financial crisis in 2008