Mumbai, April 24 (IANS) Mukesh Ambani-led Reliance Industries Ltd on Friday declared a net profit of Rs 20,589 crore for the fourth quarter (January-March) of 2025-2026 and declared a dividend of Rs 6 per share.The company’s profit after tax and share of profit/(loss) of associates & JVs decreased by 8.9 per cent year-on-year during the quarter, according to the company statement.RIL’s gross revenue increased by 12.9 per cent year-on-year to Rs 325,290 crore during Q4. Strong business mo…
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New Delhi, March 18 (IANS) The decline in India’s unemployment rate to 4.9 per cent in February reflects an encouraging shift in the rhythm of hiring. Employment creation is no longer locked within a handful of urban hubs or select industries.February’s gains were spread across manufacturing, construction, retail, logistics, and agriculture — a sign that recovery is broad based and reaching both rural and urban India, according to an article in India Narrative.The government’s capital ex…
New Delhi, Feb 13 (IANS) India’s share in global electronics demand has expanded at a rapid compound annual growth rate (CAGR) of 17.2 per cent, significantly outpacing global growth of 4.4 per cent between 2015 and 2024, driven primarily by the sharp rise in mobile phone exports, according to NITI Aayog’s Trade Watch Quarterly report for July-September 2025-26, launched on Friday.Between 2016 and 2024, electronics exports increased nearly five-fold, reaching USD 42.1 billion. With global elec…
New Delhi, Jan 27 (IANS) By boosting bilateral trade and economic ties, the India-EU trade deal supports job creation, MSME growth in tech, and overall confidence for investors in India’s services sector, IT industry’s apex body Nasscom said on Tuesday.The FTA includes dedicated SME chapters with contact points and digital platforms. Given the geopolitical challenges, the FTA diversifies markets for Indian IT exporters, providing a hedge against global trade uncertainties, said Nasscom “It s…
