Govt plans Index of Service Production to track formal sector of economy
New Delhi, April 27 (IANS) The government on Monday proposed to use aggregated GST data to monitor services sector and boost ability to assess overall economic performance.
New Delhi, April 27 (IANS) The government on Monday proposed to use aggregated GST data to monitor services sector and boost ability to assess overall economic performance.
New Delhi, April 27 (IANS) Investment share in India’s gold consumption rose to 42 per cent in CY25 from 29 per cent in CY24 as investment demand surged, led by gold ETFs and bar-and-coin buying, reflecting safe-haven demand, diversification motives and geopolitical uncertainty, a report showed on Monday.
Mumbai, April 27 (IANS) Mahindra Holidays and Resorts India Limited on Monday reported a 43 per cent decline in its fourth-quarter earnings (Q4 FY26), with consolidated profit after tax falling to Rs 41.49 crore for the quarter ended March 31.
New Delhi, April 27 (IANS) The Telecom Regulatory Authority of India (TRAI) on Monday released a consultation paper on the proliferation of public Wi-Fi networks in the country, seeking stakeholder views on measures to accelerate last-mile digital connectivity and improve broadband access.
New Delhi, April 27 (IANS) The Federation of Indian Export Organisations (FIEO) on Monday welcomed the signing of the India–New Zealand Free Trade Agreement, calling it a strategic milestone that will expand market access, deepen economic ties and create opportunities for exporters, especially micro, small and medium enterprises.
New Delhi, April 27 (IANS) Elon Musk and Sam Altman -- once allies in building what they envisioned as a nonprofit safeguard against runaway AI -- were set to face each other in a federal courtroom on Monday as a jury begins to decide whether Altman betrayed that founding promise by steering OpenAI toward a $852 billion commercial empire, as per reports.
Mumbai, April 27 (IANS) Indian equity benchmarks closed near the day’s high on improved investor sentiment after India-New Zealand FTA finalised in the national capital.
New Delhi, April 27 (IANS) India is poised for an AI-led surge in venture capital (VC) investments, as global funding more than doubled to a record $330.9 billion in the first quarter of 2026, driven by a wave of artificial intelligence (AI)-led megadeals, according to a report released on Monday.
New Delhi, April 27 (IANS) Leading business chamber Assocham on Monday signed a Memorandum of Understanding (MoU) with the India-New Zealand Business Council (INZBC) to develop a structured plan of action to facilitate and formalise industry-led initiatives under the India–New Zealand FTA and to ensure that businesses on both sides can effectively leverage the opportunities arising from the agreement.
New Delhi, April 27 (IANS) Analysts at Goldman Sachs have raised their forecast for Brent crude -- the international oil benchmark -- to $90 per barrel for the fourth quarter, while US West Texas Intermediate (WTI) crude pegged at $83 per barrel, as the prolonged closure of the Strait of Hormuz continues to tighten global supply, according to multiple reports.