NEW DELHI: The country’s economic growth in July-Sept quarter of the current fiscal year slowed to a seven-quarter low, dragged down by slowing manufacturing and a contraction in mining. The services sector remained stable and the farm segment staged a rebound.Data released by the National Statistics Office showed GDP grew by 5.4% in the three…
NEW DELHI: Growth in the country’s core sector staged a comeback in September as five of the eight sectors, led by cement, displayed strength during the month after contracting to a 42-month low in Aug.Data released by the commerce and industry ministry on Wednesday showed the eight core sectors, spanning coal, crude oil, natural gas,…
PUNE: IndiGo has announced daily direct flights between Pune and Dubai, starting from November 22, airline officials announced on Tuesday. This new route will enhance IndiGo’s international network from Pune by providing direct connectivity to one of the most sought-after tourist and business destinations for Indian travellers in the UAE, officials said. With this new…
NEW DELHI: Demand for premium cards is on the rise as growing spends by high-net-worth individuals and economic growth are fuelling their adoption.As the country’s GDP moves up to $3.5 trillion, spending by HNIs and other affluent Indians is on the rise while they seek exclusive services, including feature-rich credit cards.RBI has reported a 16.4%…
NEW DELHI: The industry is buoyed by policy continuity as the CII Business Confidence Index soared to a two-quarter high of 68.2 for the July-September period this fiscal, the lobby grouping said in its first survey after the Lok Sabha polls. The 128th round of the CII Business Outlook Survey was conducted in September 2024,…
Asian Development Bank (ADB) chief economist Albert Park was in the Capital for the Kautilya Economic Conclave. In an interview, he told TOI that the agency is keeping close tabs on global crude prices to assess the impact of the escalating conflict in West Asia on the region and advocated that trade and investment channels…
