Finance Minister Nirmala Sitharaman on Wednesday revealed that Prime Minister Narendra Modi instructed her and her team to ensure that the momentum on growth is not relaxed or diluted in…
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Adani Group touts ‘very healthy’ balance sheet in bid to calm investors
Billionaire Gautam Adani’s embattled conglomerate said its balance sheet is “very healthy” and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in…
‘Once states agree…’: FM Sitharaman on bringing petroleum products under GST
Finance Minister Nirmala Sitharaman on Wednesday hinted at bringing petroleum products under Goods and Services Tax (GST). “GST provision is available and once states agree we will have petroleum products…
Air India seals mega deals with Airbus, Boeing: Ten things to know about the record order
Air India unveiled deals on Tuesday for a record 470 jets from Airbus and Boeing. Here are ten things to know about this mega development in India’s aviation sector. *…
Vedanta Resources says it cut net debt by $2 bn in fiscal 2023
Vedanta Resources said on Wednesday it had brought down debt significantly, seeking to allay market concerns after S&P Global Ratings last week raised doubts about its ability to meet financial…
India’s exports in January dip 6.6% to $32.9 bn: Govt data
India’s exports in January dipped by 6.58 per cent to $32.91 billion, as against $35.23 billion in the same month last year, according to the data released by the commerce…
BBC asks staff to be prepared, cooperate with officials as I-T survey enters 2nd day
Amid an ongoing survey by the Income Tax Department, the British Broadcasting Corporation (BBC) has urged its employees to be prepared for any interrogation and cooperate with the officials. The…
Adani fiasco: Here’s how much loss French energy major Total incurred
France-based TotalEnergies has been hit by a double whammy of missing out on an investment profit of Rs 30,000 crore and losing Rs 1.55 lakh crore in market wealth in…
Adani report row: Popularity of Hindenburg, Anderson soars on Twitter
The scathing report on the Adani Group may well have made Hindenburg Research and its founder Nathan Anderson unpopular among a large section of market players, especially within the Ahmedabad-based…
Adani says no refinancing, liquidity issues in bid to calm jittery investors
India’s Adani group said on Tuesday that its companies face no material refinancing risk, or near-term liquidity issues, in its latest attempt to calm investors spooked by a US short-seller’s…