Business News: Economy & Markets

Govt rolls out SPICED scheme to boost spice exports

IANS | May 22, 2025 11:23 AM

Kochi, May 22 (IANS) The Spices Board has launched the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the fiscal year 2025-26 under which financial assistance is offered across the value chain to farmers and Farmer Producer Organisations (FPOs) to enhance the production, quality and export of spices.

Business activity in India surges to 13-month high in May: HSBC Composite PMI

IANS | May 22, 2025 11:19 AM

New Delhi, May 22 (IANS) The HSBC Flash India Composite Output Index – which measures the month-on-month change in the combined output of India's manufacturing and service sectors – on Thursday reported robust business activity in May in the country, climbing to a 13-month high of 61.2, compared with 59.7 in the previous month.

Tier 2 and 3 Indian cities fast becoming engines of economic growth: Report

IANS | May 22, 2025 10:35 AM

New Delhi, May 22 (IANS) India’s food processing sector is on a transformative growth path, and with consumption trends aligning across urban and rural India, tier 2 and 3 cities are fast becoming the engines of economic growth, according to a new report.

Indian economy shows resilience despite weak global growth: RBI

IANS | May 22, 2025 10:05 AM

New Delhi, May 22 (IANS) The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said.

Indian stock market opens lower; selling seen in IT, auto sectors

IANS | May 22, 2025 9:37 AM

Mumbai, May 22 (IANS) The domestic benchmark indices opened lower on Thursday amid negative global cues as selling was seen in the IT and auto sectors in the early trade.

India’s GDP growth projected at 7.2 pc for Q4 of FY 25: Report

IANS | May 21, 2025 8:20 PM

New Delhi, May 21 (IANS) The Indian economy is projected to expand by 7.2 per cent in the fourth quarter of 2024-25, due to an improvement in the agriculture sector and a sharp increase in net indirect tax, according to Barclays.

Resolute to be enabler and contributor to FM Sitharaman's vision and mission: NSE CEO

IANS | May 21, 2025 6:18 PM

New Delhi, May 21 (IANS) Ashish Kumar Chauhan, MD and CEO of the National Stock Exchange (NSE), on Wednesday met Union Finance Minister Nirmala Sitharaman, saying that the exchange is resolute to be an enabler and contributor to her vision and mission.

Defence stocks soar up to 5 pc as market rebounds

IANS | May 21, 2025 6:13 PM

Mumbai, May 21 (IANS) Defence stocks continued their strong upward momentum on Wednesday, with several leading companies clocking gains of up to 5 per cent during intra-day trading session.

RBI set to transfer bumper Rs 2.5-3 lakh crore dividend to govt, short-term bonds rally

IANS | May 21, 2025 5:50 PM

New Delhi, May 21 (IANS) The Reserve Bank of India (RBI) is likely to transfer a bumper dividend to the Central government -- in the range of Rs 2.5-3 lakh crore – which has led to a rally in short-term bonds, analysts said on Wednesday.

IndiGo’s net profit falls 11.19 pc to Rs 7,258.4 crore for FY25

IANS | May 21, 2025 5:29 PM

Mumbai, May 21 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Wednesday reported a decline of 11.19 per cent in its net profit to Rs 7,258.4 crore for the full financial year FY25, compared to Rs 8,172.5 crore in the previous financial year (FY24).

Business

Govt rolls out SPICED scheme to boost spice exports

Business activity in India surges to 13-month high in May: HSBC Composite PMI

Tier 2 and 3 Indian cities fast becoming engines of economic growth: Report

Indian economy shows resilience despite weak global growth: RBI

Indian stock market opens lower; selling seen in IT, auto sectors

India’s GDP growth projected at 7.2 pc for Q4 of FY 25: Report

Resolute to be enabler and contributor to FM Sitharaman's vision and mission: NSE CEO

Defence stocks soar up to 5 pc as market rebounds

RBI set to transfer bumper Rs 2.5-3 lakh crore dividend to govt, short-term bonds rally

IndiGo’s net profit falls 11.19 pc to Rs 7,258.4 crore for FY25

LATEST NEWS

92 pc monsoon forecast, 35 pc deficit risk cloud FY27 farm outlook

Fatima Sana Shaikh reveals her perfect travel partner, shares secret to keep her happy

Siddhant Chaturvedi treats with his music single ‘Rehna’ on his birthday

'It's a blunder from the government': Shakib on Bangladesh missing T20 WC

Ashwini Vaishnaw to flag off extended Srinagar-Jammu Vande Bharat on Thursday

Pakistan: Ambiguity in energy policymaking shows lack of clarity

IPL 2026: Boys should be careful, says Anil Chaudhary on Riyan Parag 'vaping' row

Sanskruti Jayana visits Lord Krishna's Karmabhoomi Dwarka ahead of her debut with 'Krishnavataram'

From Maa Ganga’s blessings to modern highways: PM Modi’s development revolution in UP

O. P. Nayyar’s grand-daughter Niharica Raizada: He didn't like the way musical education was imparted in Lahore