Business News: Economy & Markets

FDI in India’s pharma sector crosses Rs 19,134 crore during 2024-25

IANS | April 13, 2025 5:09 PM

New Delhi, April 13 (IANS) India's pharmaceuticals and medical devices sector has seen a FDI inflow to the tune of Rs 11,888 crore from April to December in the financial year ended on March 31, 2025, apart from which 13 FDI proposals worth Rs 7,246.40 crore for brownfield projects during 2024-25 have been approved, taking the total FDI to Rs 19,134.4 crore, according to figures compiled by the Department of Pharmaceuticals.

5 of India’s top 10 firms add Rs 84,559 crore in market value during holiday-shortened week

IANS | April 13, 2025 3:16 PM

Mumbai, April 13 (IANS) In a holiday-shortened trading week, the combined market valuation of five of the top-10 valued companies in India increased by Rs 84,559.01 crore.

Piyush Goyal urges construction industry to adopt best practices

IANS | April 13, 2025 1:50 PM

New Delhi, April 13 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday urged the construction industry to adopt best practices in sustainability, focus on clean and green construction, and work towards earthquake-resistant and modular infrastructure.

Gold prices hit record high amid global uncertainty

IANS | April 13, 2025 1:47 PM

New Delhi, April 13 (IANS) Gold prices jumped over 6.5 per cent this week, reaching a record high of $3,237 per troy ounce.

India looking to lead the global AI race, says IT Secretary S Krishnan

IANS | April 13, 2025 1:21 PM

New Delhi, April 13 (IANS) India is not just participating in the global artificial intelligence (AI) movement -- it wants to lead it, S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), said.

India, Nepal agree on joint steps to check cross-border smuggling of gold, narcotics, fake currency

IANS | April 13, 2025 1:07 PM

New Delhi, April 13 (IANS) India and Nepal have decided to strengthen measures to check cross-border smuggling of gold, narcotics, fake currency notes and other goods such as e-cigarettes, according to a statement issued by the Finance Ministry on Sunday.

India’s semiconductor industry likely to double revenue to $108 bn by 2030: Report

IANS | April 13, 2025 12:51 PM

New Delhi, April 13 (IANS) The Indian semiconductor industry's revenues are likely to double from $54 billion to $108 billion between 2025 to 2030, according to a report by financial services firm UBS.

Production of Apple iPhones in India surges 60 pc to Rs 1.89 lakh crore in 2024-25

IANS | April 13, 2025 12:19 PM

New Delhi, April 13 (IANS) Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025, according to industry data.

Market Outlook: Q4 results, inflation and global economic data key triggers for next week

IANS | April 13, 2025 10:59 AM

Mumbai, April 13 (IANS) The market outlook for next week will be guided by several global and domestic factors such as q4 results, inflation data and updates on tariffs.

US exemption on electronics: India has clear tariff edge over China

IANS | April 13, 2025 9:47 AM

New Delhi, April 13 (IANS) Industry leaders and experts on Sunday welcomed the Donald Trump administration’s decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs -- a move which has given India a definitive edge over China.

Business

FDI in India’s pharma sector crosses Rs 19,134 crore during 2024-25

5 of India’s top 10 firms add Rs 84,559 crore in market value during holiday-shortened week

Piyush Goyal urges construction industry to adopt best practices

Gold prices hit record high amid global uncertainty

India looking to lead the global AI race, says IT Secretary S Krishnan

India, Nepal agree on joint steps to check cross-border smuggling of gold, narcotics, fake currency

India’s semiconductor industry likely to double revenue to $108 bn by 2030: Report

Production of Apple iPhones in India surges 60 pc to Rs 1.89 lakh crore in 2024-25

Market Outlook: Q4 results, inflation and global economic data key triggers for next week

US exemption on electronics: India has clear tariff edge over China

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