Exports increase 11% in March; trade deficit gap narrows

India’s exports soared to a five-month high of 11 percent in March on account of higher growth mainly in pharma, chemicals and engineering sectors, marking the outbound shipments at... Read more »

Govt seeks Rs 50,000-cr of public procurement through GeM in FY20

Public procurement worth Rs 50,000 crore will take place through the Commerce Ministry’s online marketplace GeM during 2019-20, an official said. In 2018-19, Government e-Marketplace (GeM) reached Rs 17,325... Read more »

India’s capital market performs better than US, UK and China in FY19 despite global, domestic headwinds

Indian capital market out beat several major global markets, including the developed ones like the US and the UK as well as developing economies such as China and Brazil,... Read more »

Recovery in US business to increase pharma companies’ Q4 earnings

Companies in the pharmaceutical sector are expected to post steady earnings growth in the January-March quarter of the last financial year (2018-19) on the back of a pick up... Read more »

First phase of Lok Sabha elections kickstarts on 11th April, facts about the Indian elections

Today, 11th April will see more than 900 million Indians voters in the elections to the 17th Lok Sabha that start in parts of the country from today. About 10 per... Read more »

Investors in frenzy as Kotak MF defers returns on fixed maturity plan

The past few days has made mutual fund investors go berserk. Kotak Mahindra Mutual Fund has withheld returns on its fixed maturity plan (FMP) that matured on Wednesday. The... Read more »

Ericsson may have to return Rs 576 crore to RCom if insolvency suit is restored: NCLAT

The National Company Law Appellate Tribunal (NCLAT) reiterated Monday that Ericsson India Private Ltd would have to refund the Rs 576 crore including interest payment it got as dues... Read more »

Vodafone India opens its Rs 25,000-cr rights issue on April 10

Vodafone Idea’s ₹25,000-crore rights issue, the largest in the country, will open for existing subscribers on Wednesday, even as the telecom service provider is readying to monetise its tower and... Read more »

EC asked to probe black money information: Revenue Secretary

In the midst of the ongoing raids on Madhya Pradesh Chief Minister Kamal Nath’s aides and kin days ahead of general elections, Revenue Secretary AB Pandey has asked the Election Commission to ‘confidentially pass on... Read more »

Exim Bank credits USD 30 million and USD 150 million to the government of the Republic of Ghana

Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended two Lines of Credit [LOCs] of USD 30 million for Rehabilitation and Upgradation of... Read more »