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01 Feb 2023, 15:33

Surat industry cheers FM's initiative to boost lab-grown diamond sector

Surat industry cheers FM's initiative to boost lab-grown diamond sector

Surat industry cheers FM's initiative to boost lab-grown diamond sector

Finance Minister Nirmala Sitharaman's announcement of cutting import duty on raw material for lab-grown diamond seeds has boosted the morale of the industry.

Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF
31 Jan 2023, 09:01

Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF

Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal, and then drop further to 4 percent in 2024, the International Monetary Fund (IMF) said on Tuesday.

Adani Group stocks witness high volatility amidst war of words between the company and Hindenburg Research
Rounak Jain
30 Jan 2023, 15:43

Adani Group stocks witness high volatility amidst war of words between the company and Hindenburg Research

All the nine Adani Group stocks experienced high volatility in trade on Monday as the war of words between the group and New York-based short seller Hindenburg Research continued. The combined market capitalisation of the nine Adani Group companies has fallen by ₹5.57 lakh crore since January 24, when the report came out. On Monday, five out of the nine Adani Group companies’ shares closed in the red.