Economy News ( English version)

Gujarat Hotels Q4 FY24 Results Live : Revenue decreased by 1.35% YoY & profit increased by 7.91% YoY

Ease in obtaining visas for some countries and affordable fares plus increased connectivity are some reasons for travellers planning last-minute strips

In Nov 2023, Rahul Bhatia-backed InterGlobe signed a memorandum of understanding with Archer Aviation to launch and operate an all-electric air taxi service in India.

Within 12 months of the demerger, ABFRL plans to raise ₹2,500 crore in equity to strengthen its balance sheet and fund the growth of the remaining businesses.

Aneja's exit follows that of Priyanka Gill, co-founder in charge of the group's media business, who left to join early-stage venture capital firm Kalaari Capital earlier this year.


In the last monetary policy committee (MPC) review on rates earlier this month, the panel decided to keep the policy rates unchanged, stretching the status quo on the cost of funds to at least 16 months.

Smartphone makers are hoping for exports from India to continue their strong showing, which will drive their own growth as production levels are reaching their saturation point if only the domestic market is to be served, said market trackers. "The only headroom for growth right now is by increasing exports from India," said Prachir Singh, senior a […]

Basmati rice is another agri-commodity which Iran imports from India. In FY24, India exported one million kg of basmati rice to Iran, out of its total exports of 4.9 million kg.

As per a 2020 amendment, "an entity of a country, sharing land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the government route".

The India Meteorological Department (IMD) has predicted "above-normal" monsoon rains at 106% of the long-period average in 2024, raising hopes in the farm sector after erratic weather last year clipped the summer harvest.