• FEATURED
  • AUTO
  • BANKING / FINANCE
  • CONS. PRODUCTS
  • ENERGY
  • RENEWABLES
  • IND'L GOODS / SVS
  • INTERNET
  • HEALTHCARE
  • JOBS
  • RETAIL
  • SERVICES
  • RISE
  • MEDIA
  • TECH
  • TELECOM
  • TRANSPORTATION
  • Heart disease is increasing in India. This is boosting sales of cardiac drugs. Sales have risen nearly 50% in five years. Younger people are getting heart problems. Doctors blame unhealthy lifestyles. Stress and lack of exercise are factors. High cholesterol is also a major concern. Deaths from cardiovascular issues are significant. New risks are emerging for the youth.

    Vodafone and CK Hutchison finalized their UK merger, establishing 'VodafoneThree' and committing to invest £1.3 billion in the network's first year. This $19 billion union, approved by regulators, is set to become the market leader, surpassing BT's EE and O2.

    The LNG procured under this agreement will be strategically utilised by TPL, including to operate its 2,730 MW combined cycle gas-based power plants (GBPPs) in India to meet the country's increasing power demand, support peak demand periods and balance the renewables.

    The government plans to boost small hydro power projects. Developers may receive up to 30% of project costs as assistance. This initiative aims to double the installed capacity to 10 GW in a decade. Small hydro projects offer benefits like lower environmental impact and local job creation.

    State Bank of India, Punjab National Bank, and Bank of Baroda, along with two other PSBs, are collaborating on a common collection firm via PSB Alliance Pvt Ltd to recover retail and MSME loans below ₹5 crore. This initiative aims to enhance recoveries and allow banks to concentrate on core activities.

    City gas companies may face penalties. The PNGRB is concerned about the slow pace of household connections. Many firms missed their PNG connection targets. Some achieved as little as 2% of their goals. CNG infrastructure expanded rapidly. Companies focused on CNG due to higher profits. State-run firms performed better than private companies. The government aims to connect millions of homes.

    Despite Tuesday's religious observances potentially dampening sales, bars, cafes, and restaurants across India are gearing up for the IPL final with promotions and deals. While some anticipate a slightly lower surge due to the day's customs, most remain confident of a significant increase in dine-in sales, expecting numbers similar to a weekend.

Market News
Top Gainers:
()

Bonds Corner
Powered By
India's index-linked bonds see record foreign selling in May on profit-booking, currency swings

Foreign investors sold Indian government bonds included in global indexes for a second straight month in May, driven by profit-taking and currency volatility rather than a change in sentiment towards the country, several investors said.

Find Your First Bond

Discover bonds that meet your investment goals.

Bitcoin Price8920607-0.54%
Ethereum Price2174390.91%
Tether Price85.43-0.2%
XRP Price185.280.38%

Tuesday, 03 Jun, 2025

Experience Your Economic Times Newspaper, The Digital Way!
ET Logo

NRI

Your destination to all things overseas
More in NRI ≫
Air India and Icelandair sign codeshare deal for faster India-Europe connectivity

Air India and Icelandair sign codeshare deal for faster India-Europe connectivity

Air India and Icelandair have established a codeshare agreement to enhance connectivity between India and Iceland. This partnership, announced at the IATA Annual General Meeting in New Delhi, enables passengers to travel seamlessly across 15 routes in India and Europe.

Popular tourist hub to fine airline passengers who stand up before plane stops

Popular tourist hub to fine airline passengers who stand up before plane stops

Passengers flying to Turkey face fines—around $70—for standing up or opening overhead lockers before the seatbelt sign turns off after landing. The Turkish civil aviation authority introduced this rule in April following a surge in complaints about passengers ignoring safety instructions.

Air India expands codeshare partnership with Air Mauritius

Air India expands codeshare partnership with Air Mauritius

Air India and Air Mauritius have broadened their codeshare partnership, enhancing travel options between India and several destinations via Mauritius. This expanded agreement allows both airlines to place their codes on 17 routes connecting India with South Africa, Reunion, and Madagascar.

NRIs in the Gulf are showing keen interest in Indian real estate industry. But why?

NRIs in the Gulf are showing keen interest in Indian real estate industry. But why?

After a period of rapid growth, India's property market is showing signs of price stabilization, creating a potential window for NRI investors in the UAE and Gulf. While affordable housing faces supply constraints, luxury options dominate new developments. Improved financing options and fractional ownership opportunities are also influencing NRI investment decisions as market dynamics shift.

Top Mutual Funds

  • Featured

Featured

    Mutual fund investments are subject to market risks. Read all scheme related documents carefully.

    Picture Stories