‘Will transform Haifa,’ says Gautam Adani after Adani Group takes control of Israeli port

Billionaire Gautam Adani on Tuesday met Israel Prime Minister Benjamin Netanyahu on the occasion of the official handover of the Haifa Port to the Adani Group. A consortium of Adani…

Coal India Q3 net profit rises 70% to Rs 7,756 cr, firm declares interim dividend of Rs 5.25 per share

State-run Coal India reported a 70.1% surge in third-quarter profit on Tuesday, beating estimates, as production at the world’s largest coal miner increased due to higher power demand amid extreme…

Reliance Consumer announces strategic tie-up with Sri Lanka-based biscuit brand Maliban

Consumer Products Limited (RCPL), the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL), on Tuesday announced a strategic partnership with Sri Lanka-headquartered Maliban Biscuit Manufactories. Maliban,…

Core sector growth at 3-month high of 7.45% in Dec

Production of eight infrastructure sectors rose at a three-month high of 7.4 per cent in December 2022 against 4.1 per cent in the same month of previous year on a…

Fiscal deficit for April-December period widens to Rs 9.9 lakh crore

The Centre on Tuesday said that the fiscal deficit touched 59.8 per cent of the full year Budget Estimate by the end of December, as per the data released by…

Economic Survey 2023: UPI accounted for 52% of total digital transactions in FY22

The Economic Survey 2023 stated that Unified Payments Interface (UPI) accounted for 52 per cent of the total 8,840 crore financial digital transactions in FY22. The adoption of UPI has…

Economic Survey 2023: Private consumption edges up; highest since FY15 across H1

Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament on Tuesday. According to the Survey, India’s economic growth in FY23 has been principally led by private consumption…

Hindenburg effect: This Adani company generated 1 million+ Google searches in a day

The Adani Group has been a consistent newsmaker for the last 12 months. This time, though, the ports-to-energy conglomerate has been put under the critical lens of US-based short seller…

‘Entire world is looking at India’s Budget,’ says PM Modi ahead of Budget session

Prime Minister Narendra Modi, ahead of the Economic Survey, said that the entire world is looking at India’s Budget. Finance Minister Nirmala Sitharaman will table the Union Budget 2023-24 on…

Hindenburg effect: Gautam Adani out of top 10 billionaires’ list, loses around $8 bn in net worth

Adani Group chairperson and Asia’s richest man Gautam Adani is out of the top 10 global billionaires list as he has lost around $8 billion in net worth. Adani’s net…