Business
Centre approves Rs 81,735 cr additional tax devolution for states
The Union Government has approved an additional instalment of Rs 81,735 crore as Tax Devolution to the State Governments, which will be released on June 2, 2025, the Ministry of Finance said in a post on X on Friday late evening.
DGCA allows Indigo to extend aircraft lease agreement with Turkis
Indian economy doing well: CEA Nagesawaran
Govt has taken measures to keep oil prices in control"
AESL secures Rs 1,660 crore transmission project in Maharashtra
Working on PhD programme for fundamental research on AI: Vaishnaw
Central Govt NPS retirees to get additional benefits under UPS
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India's GDP grew 6.5% in 2024-25, 7.4% in Q4: Official data
As was widely expected, the Indian economy grew by 6.5 per cent in real terms in the recently concluded financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday.
Tech-enabled background checks will minimise employment fraud
The report sheds light on the fact that most of the employment frauds are being committed by experienced professionals. Statistically, 96 per cent in healthcare, 88 per cent in financial services, and 79 per cent in IT/ITeS, underscoring the scale and sophistication of the problem.
Mfg sector must grow 15% to contribute 25% of GDP by 2047: Niti
India's manufacturing sector has to grow 15 per cent annually if it has to contribute at least 25 per cent to India's GDP (or USD 7.5 trillion) through Viksit Bharat 2047, NITI Aayog CEO BVR Subrahmanyam said on Friday.
India emerges as key player in Asia Pacific Hospitality Growth
India continues to emerge as the key player for driving the Asia Pacific (APAC) hospitality sector, especially in Asia Pacific countries such as Thailand, Vietnam, and South Korea, according to a report by Colliers.
Jio’s edge over Bharti's active & new subscriber additions
Reliance Jio added the highest number of mobile users in April 2025, beating Bharti Airtel in both active and reported subscriber additions, according to a report by Jefferies.
Mumbai: Dharavi redevelopment plan get CM Devendra Fadnavis' nod
The ambitious Dharavi Redevelopment Project, a unique slum rehabilitation project that aims to provide housing for all, received approval from Maharashtra Chief Minister Devendra Fadnavis this Wednesday.
IndiGo to build maintenance, repair & operation infra at Bangalor
IndiGo and Bangalore International Airport Ltd. (BIAL) on Friday, signed a Memorandum of Understanding (MoU), to build its own Maintenance, Repair, and Operations (MOR) infrastructure.
Amid 5% surge in Nifty 50 in April, 10.1 lakh new investors join
India's stock markets showed strong growth in April 2025, with the benchmark Nifty 50 index gaining 5 per cent during the month.
Adani Ports taps its largest ever domestic bond
Adani Ports and Special Economic Zone (APSEZ) on Friday announced it has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD).
India’s Defence budget to rise five-fold to Rs 31.7 lakh crore
India is expected to see a major boost in its defence sector by the year 2047, with the total defence budget projected to rise to Rs 31.7 lakh crore, according to joint study report by Confederation of Indian Industry (CII) and KPMG.
FSSAI issued strong advisory for Food Business companies
The Food Safety and Standards Authority of India (FSSAI) on Friday, issued a strong advisory to not use the term "100%" in food labelling as the authority believes that it is misleading to consumers.
Experts speculate Samsung’s spinoff of foundry business
Samsung Electronics is likely to spin off its foundry business from the broader semiconductor division, on the same conflict of interest that separated Samsung Biologics from its biosimilar business and contract drug manufacturing, reports the Korea Herald.
US Dollar weakness opens door for RBI to further cut repo rates
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, according to a report by global financial services firm Jefferies.
Foxconn projected sales to hit NTD 7 Trillion in 2025
Taiwan's Foxconn, also known as Hon Hai Precision Industry and the world's largest electronics manufacturer, forecast revenues to reach NTD 7 trillion (approximately USD 234.5 billion), marking a nearly 3 per cent increase compared to last year. Last year, Foxconn registered a total of sales of NTD 6.8 trillion.
Top Story
India's GDP grew 6.5% in 2024-25, 7.4% in Q4: Official data
Tech-enabled background checks will minimise employment fraud
Mfg sector must grow 15% to contribute 25% of GDP by 2047: Niti
India emerges as key player in Asia Pacific Hospitality Growth
Jio’s edge over Bharti's active & new subscriber additions
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