The founder of the US based short Seller-Hindenburg Research, Nate Anderson announced on Thursday that he has decided to close down the operations of his investigative firm.
India's trade deficit decreased to $21.94 billion in December, driven by an increase in exports and a decline in imports on a sequential basis. In November, the trade deficit stood at $32.84 billion.
Union Road Transport and Highways Minister Nitin Gadkari on Wednesday laid emphasis on the importance of reducing the use of fossil fuels and decarbonization in different sectors, and further said that as part of government's efforts in this direction, the target of blending 20 per cent ethanol in petrol will likely be achieved in the coming two months.
Amid mixed global markets, indices opened on a strong note and witnessed a rangebound movement throughout the session.
India will be the most resilient economy among the top 10 leading ones in the next three years, becoming the fourth largest economy by 2026, the PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday.
In the second quarter of 2024, India’s real GDP expanded 6.7% year-over-year, fueled by a resurgence in household consumption, increased investment, and solid manufacturing activity.
The spike is riding on the back of renewed investor confidence, strong homeownership sentiments, large-scale infrastructure development and rising cost of land and construction.
US aerospace giant Boeing has announced that it is issuing layoff notices, starting this week, to workers as part of the debt-ridden planemaker’s drastic plan to cut 17,000 jobs which works out to 10 per cent of its staff worldwide.
The government on Thursday informed that more than 40 crore gold jewellery items have been hallmarked to date -- over 4 lakh gold items being hallmarked per day.
Petroleum Minister Hardeep Singh Puri on Thursday highlighted the role of Public Sector Enterprises (PSEs) in driving India’s remarkable growth story as the country is headed to become the third largest economy in the world.
