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FY25 GDP growth of 6.4% underwhelms, but are there silver linings?
Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP, respectively
Biocon Biologics marks one year as global biosimilars enterprise
It is targeting a $100 m inventory improvement by March
Advik to acquire German braking system manufacturer Powersports MTG
The acquisition will create additional expertise for Advik in premium motorcycle safety components, which will also drive technologies in the large segment of ICE
FY25 GDP growth may slip to 4-yr low of 6.4%: NSO's first advance estimates
Falls short of RBI estimate; better showing in agri and manufacturing expected in H2
A tribute: 'Manmohan Singh was unfailingly measured, thoughtful and wise'
Knowing Manmohan was one of the greatest privileges of my life. He showed me and everybody else what leadership and service truly mean
OnePlus 13 series launched: Check India pricing, introductory offers, more
Both the OnePlus 13 and OnePlus 13R smartphones debut with Android 15-based Oxygen OS 15 user interface, adding new artificial intelligence features
Tata Steel's crude steel production rises 6% to 5.68 mn tonnes in Q3FY25
Deliveries in India reached 5.29 MT for the third quarter, up 8.4 per cent year-on-year, due to steady sales in the domestic market and strategic presence in exports
Chinese tech giants Tencent, CATL protest US listings as army-linked cos
The US has in recent years sought to restrict sharing of advanced technology, including semiconductors and artificial intelligence, deeming it to be a threat to national security
CEC calls for legal framework to curb freebies in election campaigns
The CEC conceded that it was difficult to define what a "freebie" is and that the Election Commission's "hands are tied" as the matter is sub-judice
Temasek nears deal to buy 10% stake in Haldiram at $10 billion valuation
Both the Agrawal family and Temasek have signed a term sheet for a stake sale by the Agrawal family
NSO projects higher consumption, lower capital expenditure growth in FY25
NSO data shows that the share of GFCF, a proxy for infrastructure investment in the economy, is expected to fall to 30.1 per cent of GDP in FY25 from 30.8 per cent in FY24 in nominal terms
Domestic passive MF schemes to offload Rs 1,500 crore ITC Hotels shares
Passive MF schemes, especially those tracking the Nifty 50 and Sensex, will need to offload their holdings in ITC Hotels as the stock will be excluded from these indices
Exim Bank India raises $1 billion from overseas via 10-year bonds
Exim Bank provides financial assistance to exporters and importers
Signature Global records its highest 9-month pre-sales at Rs 8,670 crore
The company's pre-sales for Q3 FY25 stood at Rs 2,770 crore, up 120 per cent YoY
Tata Technologies, Telechips collaborate to make software-defined vehicles
The partnership will leverage Tata Technologies' deep expertise in automotive software engineering and integration of next-gen technologies
Jean-Marie Le Pen, co-founder of French far-right front, dies at 96
Le Pen, who once reached the second round of the 2002 presidential election, was eventually estranged from his daughter, Marine Le Pen
Meta replaces fact-checking programme in US with 'Community Notes' model
A program intended to inform too often became a tool to censor, Meta said
Microsoft to invest $3 bn to boost AI infra in India: CEO Satya Nadella
Microsoft CEO Satya Nadella announced a $3 billion investment to expand cloud and AI infrastructure in India, aiming to enhance regional capabilities and train 10 million people in AI by 2030
JSW Group in talks to acquire Everstone Capital's 8% stake in MG India
If the deal goes through, JSW's stake in MG India will increase to 43% from 35%
India's GDP likely to grow 6.4% in 2024-25, show first advance estimates
Economic Survey had projected a GDP growth of 6.5% to 7%. This was later revised to 6.5% by the finance ministry in November 2024