Category: Economy

Six-fold expansion of Hyderabad Metro planned at cost of Rs 69,000 cr

Hyderabad, Aug 1 (SocialNews.XYZ) A six-fold jump in Metro Rail network in Greater Hyderabad is on cards as the Telangana…

11 months ago

Market rally is stretching valuations beyond comfort levels, say analysts

New Delhi, Aug 1 (SocialNews.XYZ) The Sensex is now trading at 25 times trailing one-year earnings. It is important to…

11 months ago

Commercial LPG cylinder prices cut by Rs 99.75 with effect from today

New Delhi, Aug 1 (SocialNews.XYZ) Oil marketing companies on Tuesday reduced the prices of commercial LPG cylinders by Rs 99.75,…

11 months ago

Foxconn to set up mobile component facility in TN investing Rs 1,600cr

Chennai, July 31 (SocialNews.XYZ) Taiwanese electronics major Hon Hai Technology Group or Foxconn will be setting up a mobile phone…

11 months ago

Adani Green Energy Ltd announces Q1 FY24 results; EBITDA from power supply of Rs 1,938 cr up by 53% YoY

New Delhi, July 31 (SocialNews.XYZ) Adani Green Energy Ltd (AGEL), India’s largest and fastest growing pure-play renewable energy company, on…

11 months ago

More than 6 cr Income Tax Returns filed till July 30, says IT department

New Delhi, July 31 (SocialNews.XYZ) More than six crore income tax returns (ITRs) have been filed till July 30, even…

11 months ago

Essar Oil and Gas Exploration and Production (EOGEPL) achieves highest fiscal revenue

New Delhi, July 31 (SocialNews.XYZ) Essar Oil and Gas Exploration and Production Ltd (EOGEPL), one of the largest E&P companies…

11 months ago

Almost 6 cr I-T returns filed till now, says govt as July 31 deadline nears

New Delhi, July 30 (SocialNews.XYZ) Almost six crore income tax returns (ITRs) have been filed till Sunday (July 30), the…

11 months ago

No proposal to curb retail participation in derivative markets, says SEBI

New Delhi, July 30 (SocialNews.XYZ) Markets regulator, SEBI has clarified that there is no proposal to curb retail participation in…

11 months ago

High likelihood of correction in equity markets over next few months

Chennai, July 30 (SocialNews.XYZ) Over the next few months, the chances of the Indian equity market undergoing a correction are…

11 months ago

Foreign portfolio investments fell sharply to (-) Rs 40,936 cr in 2022-23 from Rs 2,67,100 cr in 2020-21

New Delhi, July 30 (SocialNews.XYZ) Foreign portfolio investment (FPI) in India fell to (-) Rs 40,936 crore in 2022-23, a…

11 months ago

Odisha EOW arrests ex-bank manager in Rs 1 cr loan fraud case

Bhubaneswar, July 29 (SocialNews.XYZ) The Economic Offences Wing (EOW), Bhubaneswar has arrested a former branch manager of Central Bank of…

11 months ago

PM Modi promises 50% financial support to firms investing in semiconductor sector

Gandhinagar, July 28 (SocialNews.XYZ) Prime Minister Narendra Modi on Friday promised 50 per cent financial assistance to players wishing to…

11 months ago

Amazon India announces ‘I have space’ store on Dal Lake in J&K’s Srinagar

Srinagar, July 28 (SocialNews.XYZ) Amazon India on Friday announced its first ever 'floating space' store on the famous Dal Lake…

11 months ago

DGCA okays Air Asia, Air India Express merger

New Delhi, July 27 (SocialNews.XYZ) The Directorate General of Civil Aviation (DGCA) on Thursday gave its go ahead to the Tata…

11 months ago

US economy grew stronger than expected in second quarter

Washington, July 27 (SocialNews.XYZ) The US economy picked up steam in the second quarter despite punishing rate hikes and still-high…

11 months ago

Nifty succumbs to selling pressure

New Delhi, July 27 (SocialNews.XYZ) Nifty opened higher but soon succumbed to selling pressure to close with a loss of…

11 months ago

Cipla clarifies on reports of promoters looking to sell part stake

New Delhi, July 27 (SocialNews.XYZ) Cipla has clarified that the company is not aware of any event that requires disclosure…

11 months ago

Centre plans to bring PLI scheme for chemicals, petrochemicals sectors: Sitharaman

New Delhi, July 27 (SocialNews.XYZ) The central government has said that it will look at bringing a productivity linked incentive…

11 months ago

Resolution of top insolvency cases marred by low realisations

New Delhi, July 27 (SocialNews.XYZ) Jaypee Infratech resolution under IBC has netted the highest realisation as a percentage of admitted…

11 months ago



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