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Business / The Hindu

Indian manufacturing needs more sophistication: Finance Minister

Nirmala Sitharaman said that Indias demographic dividend with the lowest dependency ratio will bolster consumption;highlights opportunities worth trillions of dollars for investors

17 May 2024 2:35 pm
Rupee opens on flat note against U.S. dollar in early trade

Forex traders said the Indian rupee underperformed among the Asian currencies amid higher imported commodity prices and foreign fund outflows amid worries about election results.

17 May 2024 10:49 am
Acer to base maiden home appliances subsidiary in India

The computer hardware maker is hoping to cash in on the countrys fast growing appliances market driven by electrification in villages and changing lifestyles

16 May 2024 9:28 pm
Brookfield India Real Estate Trust to acquire 50% stake in Bhartis Grade A office assets

Following this, Bharti will become the second largest unitholderin BIRET with an ownership stake of 8.53%

16 May 2024 9:31 am
Rupee edges up one paisa to 83.50 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 83.49.

15 May 2024 4:33 pm
Indian exports up 1.07% in April; trade deficit expands by 32.3%

Commerce Secretary Sunil Barthwal said he hoped the rise in merchandise exports in the first month of financial year 2024-25 is a good omen for the coming months.

15 May 2024 3:27 pm
Recovering euro keeps dollar gorilla from scuppering ECB rate outlook

Euro/dollar down 2.4% this year, off 5-month lows; lower euro area interest rates than those in the United States remain a headwind, but the euro seems on a stronger footing thanks in part to an improving macro backdrop; parity still a possibility further out, according to some analysts

15 May 2024 12:42 pm