NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said that the Indian economy has weathered several storms over the last few years, starting with the Covid crisis, and remains strong, while seeking to comfort cooking gas consumers and farmers.Replying to a debate on the second batch of supplementary demands for grants in Rajya Sabha, she…
NEW DELHI: India’s largest carmaker Maruti Suzuki plans to launch seven new SUVs over the next five-six years as it looks to strengthen its position in India’s fast-growing sport utility vehicle segment, managing director and CEO Hisashi Takeuchi said Tuesday.“The share of SUVs within the Indian passenger vehicle market has been growing rapidly. Maruti Suzuki…
NEW DELHI: Make sure that you have a good credit score, if you are an aspirant for a job in a bank.Govt on Tuesday told Parliament that banks are increasingly looking at the credit score “to encourage responsible credit behaviour among employees who are entrusted with public funds”.In fact, responding to a question in the…
Prices of precious metals witnessed a recovery of up to 2% on Tuesday, with silver climbing by Rs 6,000 to reach Rs 2.62 lakh per kilogram, while gold advanced to Rs 1.61 lakh per 10 grams in the national capital, as per data from the All India Sarafa Association. Silver, the white metal, rose by…
Crude oil prices showed slight relaxation on Wednesday as tensions continue to boil in the Middle East. Brent crude climbed 3.2% to $103.42 a barrel before slipping $1.15, or 1.11%, to $102.27 a barrel, by 0108 GMT. US West Texas Intermediate crude fell $1.54, or 1.6%, to $94.67. The gains initially marked oil’s second-highest close…
India’s mutual fund industry assets under management (AUM) rose to Rs 82.03 lakh crore in February 2026, registering a 27.1 per cent increase from Rs 64.53 lakh crore a year earlier, according to data released by Franklin Templeton report.The growth was driven largely by sustained inflows into equity-oriented schemes and continued expansion in systematic investment…
10% of India’s non-energy imports in 2024 originated from the Middle East region. (AI image) The Middle East conflict has brought into focus the vulnerability of countries around the world in terms of their dependency on oil and gas. India, the world’s fifth largest economy, is also the third largest importer of oil. A big…
NEW DELHI: Leela Palaces, Hotels and Resorts Tuesday announced the acquisition of an ultra-luxury resort in Coorg. marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri, will open as The Leela Coorg Forest Sanctuary later this year.With the addition of…
The National Company Law Tribunal (NCLT) on Tuesday approved Adani Enterprises Ltd’s Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd through the insolvency process. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the NCLT, Allahabad bench, has “orally pronounced an order on March 17, 2026 “approving the resolution plan submitted by Adani…
Benchmark stock indices Sensex and Nifty extended gains for the second straight session on Tuesday, ending higher by nearly 1 per cent amid buying in metal and automobile shares and firm global cues.The 30-share BSE Sensex rose 567.99 points, or 0.75 per cent, to close at 76,070.84. During the session, the index had climbed as…