Wednesday, November 20, 2024
NEW DELHI — India has become a market that you can’t ignore, pushed on by government reforms and a booming tech industry, top industry experts have said. Speaking at a recent seminar hosted by The Asset in association with Deutsche Bank on the As...
17 Nov 2024
NEW DELHI — The development of a semiconductor unit in Morigaon, Assam, spearheaded by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) with an investment of INR 27,000 crore is headed for completion in mid-2025, will be a game-changer for India...
17 Nov 2024
NEW DELHI — Union Textiles Minister Giriraj Singh on Saturday said that technical textiles will become the economic backbone of India, adding that women can contribute a great deal in handloom and handicrafts sector. Inaugurating the textile pavili...
16 Nov 2024
NEW DELHI — In a bid to help taxpayers, the government on Saturday launched a compliance-cum-awareness campaign for the assessment year (AY) 2024-25. The campaign by the Central Board of Direct Taxes (CBDT) will assist taxpayers in accurately compl...
16 Nov 2024
BENGALURU — The 27th edition of Bengaluru Tech Summit (BTS) 2024, organised by Karnataka’s Electronics, IT, and Biotechnology Department, is set to take place from November 19-21 at Bengaluru Palace here. The BTS 2024 will host more than 2,50...
16 Nov 2024
NEW DELHI — India’s insurance sector clocked a robust 11 per cent compound annual growth rate to cross the $130 billion mark during FY2020-23, surpassing Asian peers China and Thailand, which grew at less than 5 per cent, according to a McKinsey ...
15 Nov 2024
NEW DELHI — India’s GDP will expand 6.5-7 per cent annually in the next three fiscal years (2025-2027), and the country’s good economic growth prospects will continue to support banks’ asset quality, according to a new report. India’...
15 Nov 2024
BAKU — The International Renewable Energy Agency (IRENA) on Friday unveiled a new partnership model that can accelerate renewable energy deployment and foster green industrialisation in Central Asia. The partnership was launched by IRENA at the COP...
15 Nov 2024
MUMBAI — The Indian stock market remained in red for the sixth consecutive session on Thursday as selling was seen in the PSU bank, pharma, FMCG and metal sectors. Sensex closed at 77,580.31 after dropping 110.64 points or 0.14 per cent and Nifty c...
14 Nov 2024
NEW DELHI — The government on Thursday informed that more than 40 crore gold jewellery items have been hallmarked to date — over 4 lakh gold items being hallmarked per day. In the fourth phase, kicked off by the Bureau of Indian Standards (...
14 Nov 2024
MUMBAI — The Indian stock market opened flat on Thursday as buying was seen in IT, PSU banks, financial services and pharma sectors at Nifty. In early trade at around 9:43 am, Sensex was at 77,728.24 after rising 37.29 points or 0.05 per cent while...
14 Nov 2024
NEW DELHI — The Ministry of Mines on Wednesday signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) on cooperation in the area of Critical Minerals used in the manufacture of electronic goods, electric cars and mili...
13 Nov 2024
NEW DELHI — Total two-wheeler sales in the country surged by a robust 14.2 per cent to 21.64 lakh units in October this year, compared to 18.96 lakh units in October 2023, according to figures released by the Society of Indian Automobile Manufactur...
13 Nov 2024
NEW DELHI — India, which began its electric vehicle (EV) journey with two-wheelers, is set to become a “major producer” of electric vehicles like China in years to come, ace global investor Mark Mobius has said. The EV sales have seen a rec...
13 Nov 2024
BENGALURU — Driven by tier 2 and 3 cities, India’s e-commerce sector registered a gross merchandise value (GMV) of approximately $14 billion (more than INR 1.18 lakh crore) in this year’s festive season, marking a 12 per cent growth over last y...
13 Nov 2024
NEW DELHI — India is confident of achieving USD 100 billion in annual bilateral trade with Russia well ahead of the timeline of 2030 and a more substantive relationship between the two nations has a larger global resonance, External Affairs Ministe...
12 Nov 2024
NEW DELHI— The government on Tuesday said it is keeping a close watch on onion prices and has decided to offload more quantities from buffer stock in retail markets to stabilise rates amid temporary supply constraints. According to government data,...
12 Nov 2024
NEW DELHI — India’s patents and industrial design filings for Intellectual Property rights doubled between 2018 and 2023, taking the country to the sixth rank, according to the latest World Intellectual Property Organisation’s (WIPO) annual rep...
12 Nov 2024
NEW DELHI — India’s net direct tax collections, comprising corporate tax and personal income tax, shot up by a robust 15.4 per cent to INR 12.1 lakh crore, from April 1 to November 10 during the current financial year, according to the latest fig...
12 Nov 2024
MUMBAI — The conversion time to buy a property in India came down to 26 days on average in the first half this fiscal (H1 FY25) against the highest peak of 33 days in FY 2021, as housing emerges as most-preferred investment option amid rising dispo...
11 Nov 2024
NEW DELHI, NOV 11 (IANS) — Domestic prices of gold slipped to INR 77,000 per 10 grams on Monday due to poor demand after the festive season ended. According to the Indian Bullion Jewelers Association (IBJA), the prices of 24-carat gold have slipped...
11 Nov 2024
NEW DELHI — The number of contributing members to the EPFO (Employees’ Provident Fund Organisation) has risen by 7.6 per cent to 7.37 crore in 2023-24 from 6.85 crore in 202-2023 while the number of establishments making contributions to the ...
10 Nov 2024
NEW DELHI — India’s first dedicated railway test track, under construction in Rajasthan, is expected to be completed by December 2025 with a total investment of Rs 820 crore, according to the Ministry of Railways. The 60-kilometre track w...
10 Nov 2024
BENGALURU — Finance Minister Nirmala Sitharaman on Saturday urged Regional Rural Banks (RRBs) to increase credit disbursement for MSMEs under various flagship government schemes such as MUDRA, PM Vishwakarma, etc, with the active support of their s...
09 Nov 2024
NEW DELHI — Firming up its India presence as Apple diversifies its vast supply chain and research outside of China, the iPhone maker has set up a new research and development subsidiary in the country. The research and development facility would re...
09 Nov 2024
