Mumbai, Aug 28 (IANS) The shares of InterGlobe Aviation, the parent company of IndiGo Airlines, tanked over 4 per cent in the early trading on Thursday on news of promoter Rakesh Gangwal's family selling stocks worth Rs 7,085 crore through a block deal.
New Delhi, Aug 28 (IANS) Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Thursday urged global investors to view India as a hub for investment and innovation, highlighting the government’s $1 trillion maritime investment roadmap.
New Delhi, Aug 28 (IANS) As Prime Minister Narendra Modi's two-day Japan visit is set to begin, both nations have accelerated trade and economic ties, with over 170 MoUs signed in two years representing more than $13 billion in committed investments.
New Delhi, Aug 28 (IANS) More than 56 crore bank accounts have been opened under the flagship financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), in the last 11 years, with total deposits amounting to Rs 2.68 lakh crore, the government said on Thursday.
New Delhi, Aug 28 (IANS) The upcoming Goods and Services Tax (GST) reforms, which aim to cut rates and boost private consumption, could offset the US tariff impact, BMI, a Fitch Solutions company, said on Thursday, adding that India is likely to remain one of the fastest-growing emerging market economies in Asia through this decade.
Chennai, Aug 28 (IANS) The seafood export sector in Tamil Nadu is reeling under pressure after the US imposed steep tariffs on Indian marine imports from August 27, forcing several companies to cut production by almost half.
New Delhi, Aug 28 (IANS) The government on Thursday said it has temporarily exempted the import duty on cotton till December 31, 2025.
Ahmedabad, Aug 28 (IANS) The Adani Portfolio EBITDA reached Rs 90,572 crore on a trailing 12-month basis for the first time -- up 10 per cent year-on-year -- with Q1 FY26 EBITDA also reaching a record high at Rs 23,793 crore, the Adani Group said on Thursday.
Mumbai, Aug 28 (IANS ) After remaining shut for a day on account of Ganesh Chaturthi, the domestic benchmark indices opened in the red on Thursday after the US imposed 50 per cent tariffs on Indian goods.
Washington, Aug 28 (IANS) Richard Rossow, a leading expert on India-US economic ties and the Chair of India and Emerging Asia Economics at the Centre for Strategic and International Studies (CSIS), has said that Washington's punitive measures would not have a considerable impact on India's growth but still present the country with a "unique opportunity" to diversify its markets and usher in major domestic reforms.
