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The FDIC is acting as a receiver, which typically means it will liquidate the banks assets to pay back its customers, including depositors and creditors. Representational Image/By Arrangement

Global investors infuse $23 bn in Indian realty since 2018

From the lens of global and APAC investors, the Indian real estate market currently offers stable returns paired with...

29 Nov 2023 4:44 PM IST

In July, Prosus representative on Byjus board, Russell Dreisenstock stepped down from the company. Prosus stated that Byjus had poor reporting and governance structures. DC Image

Byju's valuation dips from $22 bn to $3 bn

This is the second time in a year that Prosus has downgraded Byju's valuation

29 Nov 2023 4:06 PM IST

Sustainable cooling solutions a $1.6 trillion potential market for India: WB

Sustainable cooling solutions a $1.6 trillion potential market for...

India's estimated countrywide agricultural loss in 2030 will be more than $7 billion due to climate change

28 Nov 2023 4:08 PM IST

FICCI: Representational Image

Manufacturing growth set to continue: FICCI

Indian manufacturing has accelerated in the second quarter of 2023-24 and is likely to continue for the subsequent...

14 Nov 2023 12:53 PM IST

Luxury home sales up 115 pc in first nine months

Luxury home sales up 115 pc in first nine months

Hyderabad recorded over 260 pc yearly growth in sale of luxury homes from 3,790 units last year to 13,630 units during...

29 Oct 2023 4:25 PM IST

E-com co.s clock over half of festive month sales in a week

E-com co.s clock over half of festive month sales in a week

Chennai: More than half of the estimated gross merchandise value for the entire festive month by e-commerce portals has...

21 Oct 2023 5:46 PM IST

India, China to contribute half of world growth: IMF

India, China to contribute half of world growth: IMF

China and India to Drive Global Growth, India-'s Share Expected to Rise: IMF

21 Oct 2023 5:30 PM IST

Gold Gives 17.45 percentage Returns Since Last Diwali

Gold Gives 17.45 percentage Returns Since Last Diwali

Chennai: Gold has appreciated 17.45 per cent in the Indian market since last Diwali and this is the highest gain since...

16 Oct 2023 9:10 PM IST

Four days of e-com sale locks Rs 29k cr

Four days of e-com sale locks Rs 29k cr

RedSeer expects that the festive month is estimated to account for e-commerce sales of Rs 90K crore

13 Oct 2023 8:48 PM IST

Merchandise trade deficit narrows to $19.37 bn in Sept

Merchandise trade deficit narrows to $19.37 bn in Sept

Chennai: The merchandise trade deficit narrowed both yearly and sequentially in September to $19.37 billion, as imports...

13 Oct 2023 8:34 PM IST

Aviation industry to bring down net loss to Rs 3-5k cr from Rs 17k cr

Aviation industry to bring down net loss to Rs 3-5k cr from Rs 17k cr

Chennai: The Indian aviation industry’s net loss is expected to come down to Rs 3000 to Rs 5000 crore in FY24,...

12 Oct 2023 12:00 PM IST

IMF revises Indias GDP growth forecast for FY24 to 6.3 pc

IMF revises India's GDP growth forecast for FY24 to 6.3 pc

Chennai: The International Monetary Fund has raised India’s growth forecast by 20 basis points to 6.3 per cent...

11 Oct 2023 4:52 PM IST