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‘Indri’ maker Piccadily Agro’s shares tank over 40 pc to date this year

Jun 2, 2025

Mumbai, June 2 (IANS) Shares of Piccadily Agro Industries Limited, the Haryana-based distillery best known for its award-winning 'Indri' single malt whisky, have nosedived more than 40 per cent so far this year.On Monday, the company’s share price further dropped by 1.67 per cent, or Rs 9.70, during the intra-day trade, adding to the downward…

Digital push, rebates help Surat cross Rs 359 crore in April tax collection

Jun 2, 2025

Surat, June 2 (IANS) With the abolition of octroi, property tax has emerged as the Surat Municipal Corporation’s primary source of income. In a bid to encourage early payments, SMC announced rebates on seven types of taxes for April and…

Business

India’s top PSUs record robust profit growth, govt’s fiscal position to get stronger

Jun 2, 2025

New Delhi, June 2 (IANS) India’s top public sector companies in the financial, power and energy sectors have recorded a robust growth in profit during the January-March quarter of 2024-25, which is expected to further strengthen the…

Business

India-Oman free trade pact may be signed soon: Piyush Goyal

Jun 2, 2025

Paris, June 2 (IANS) Commerce and Industry Minister Piyush Goyal has indicated that India is likely to sign a free trade agreement (FTA) with Oman soon, as the talks between the two countries are making headway."I think you will see some…

Business

India manufacturing PMI stands at 57.6 in May: HSBC

Jun 2, 2025

New Delhi, June 2 (IANS) India’s manufacturing sector continued its healthy performance in May, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) recording a reading of 57.6, it said on Monday.While slightly lower than…

Business

Over 6.1 cr Indian farmers have Aadhaar-like digital IDs linked to land records

Jun 2, 2025

New Delhi, June 2 (IANS) More than 6.1 crore farmers in India, across 14 states in the country, have digital IDs, similar to Aadhaar card, that are linked to their land records, according to the latest government data.Created under Agri…

Business

RBI may go for 50 bps jumbo rate cut to counter uncertainty: SBI report

Jun 2, 2025

New Delhi, June 2 (IANS) A new SBI report on Monday projected a mega 50-basis point rate cut in June’s RBI MPC policy, saying that a large rate cut could reinvigorate a credit cycle and act as a counterbalance to uncertainty.The cumulative…

Business

India’s aviation sector storms into world’s top 3 markets, creates 7.7 million jobs

Jun 2, 2025

New Delhi, June 2 (IANS) India’s aviation industry has expanded at a rapid pace to become the world’s third-largest aviation market in terms of passenger traffic, according to a report compiled by the International Air Transport Association…

Business

India stands out as global fintech bright spot as credit demand surges

Jun 2, 2025

New Delhi, June 2 (IANS) India has emerged as one of the most dynamic fintech markets globally, driven by a potent combination of digital public infrastructure (UPI, Aadhaar, Account Aggregator), a mobile-first population, and regulatory…

Business

Nifty, Sensex open lower amid negative global cues

Jun 2, 2025

Mumbai, June 2 (IANS) The Indian stock market opened in the red on Monday following negative cues from the global markets.At around 9:18 am, Sensex was down 676.86 points or 0.83 per cent at 80,774.15 and Nifty was down 181.15 points or…

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