Wednesday, July 24, 2024
NEW DELHI — Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament on July 22, a day ahead of the Union Budget, which will be a report card on the economy and also the growth outlook ahead. The survey gives a detailed acco...
20 Jul 2024
NEW DELHI — Centre will play a crucial role in shaping standards and infrastructure for 6G networks worldwide, Dr Neeraj Mittal, Secretary (Telecom), has said. Inaugurating a centre of excellence on 6G at IITM Research Park, Chennai, Mittal said th...
20 Jul 2024
NEW DELHI — As household consumption expenditure on goods and services surged with rising disposable incomes, the country saw a significant 5 per cent growth in retail sales in the month of June. According to a survey by the Retailers Association o...
19 Jul 2024
NEW DELHI — Japan’s Toshiba Group plans to invest another 10 billion Japanese yen (over INR 500 crore) in India to expand its capacity for producing power transmission and distribution equipment in the country. Toshiba Transmission & Dist...
19 Jul 2024
NEW DELHI — Accelerate Indian Philanthropy (AIP) — a non-profit organisation that works to promote and catalyse personal philanthropy in India, in partnership with Boston Consulting Group (BCG), have released their report titled “Wealth...
19 Jul 2024
MUMBAI — Indian equity indices opened in the red on Friday following weak global cues from Asian peers. At 9:45 a.m., Sensex was at 81,196, down 146 points or 0.18 per cent and Nifty was down 75 points or 0.34 per cent, at 24,716. The broader marke...
19 Jul 2024
NEW DELHI — Tata Power Renewable Energy Limited (TPREL) on Thursday joined NHPC Renewable Energy Limited (NHPC-REL) to spearhead the installation of rooftop solar projects on government buildings across the country. This initiative, under the ambit...
18 Jul 2024
BRUSSELS — The European Commission announced that it will earmark over 7 billion euros (about $7.66 billion) for 134 transport projects across the European Union (EU), to facilitate the delivery of the bloc’s climate objectives and improve it...
18 Jul 2024
NEW DELHI — Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering customs duty on import of global medical devices. Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024 on July 23. Speaking t...
18 Jul 2024
MUMBAI — Indian equity indices opened in the red on Thursday following profit-booking midcap and smallcap stocks. At 9:46 a.m., Sensex was down 102 points or 0.13 per cent, at 80,608 and Nifty was at 24,588, down 17 points or 0.07 per cent. Selling...
18 Jul 2024
Seoul — LG Electronics said on Thursday it aims to achieve over 1 trillion won ($725.2 million) in sales from its smart factory solution business by 2030, leveraging its artificial intelligence technologies and manufacturing expertise. This year, t...
18 Jul 2024
MANILA — The Asian Development Bank (ADB) has kept India’s growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as the fastest growing economy with robust growth in the industrial sector and a rebound in agriculture due to a ...
17 Jul 2024
NEW DELHI — As India doubles down on local electronics manufacturing and the entire ecosystem around it, Samsung, which has been operating its manufacturing facility in the country since 1996, is working closely with component partners in the domes...
17 Jul 2024
NEW DELHI — India must have a robust drug regulation framework to maintain the title ‘pharmacy of the world’, said Union Health Minister, JP Nadda on Wednesday. The Union Health Minister said this at a high-level review meeting on regulation of...
17 Jul 2024
TEZPUR — Fight services will be shut at the Tezpur airport in Assam in October for one-and-half years for maintenance works, a senior official said on Wednesday. Tezpur Airport Director G Shiva Kumar said passenger flights will be suspended from Oc...
17 Jul 2024
MUMBAI — Meta on Wednesday introduced verified subscription plans for businesses on Facebook and Instagram in India. The Meta Verified for businesses will offer them with a verified badge, enhanced account support, impersonation protection, and add...
17 Jul 2024
HAJIPUR (BIHAR) — In a commendable testament to global collaboration and local enterprise, the Russian Army is now marching on boots manufactured in the heart of Bihar. Hajipur-based Competence Exports Pvt. Ltd. has successfully established itself ...
16 Jul 2024
NEW DELHI — Global PC shipments grew 3.1 per cent in the second quarter this year to reach 62.5 million PC device units, the second consecutive quarterly growth in shipments (year-on-year), a report said on Tuesday. AI PCs remain the most popular...
16 Jul 2024
MUMBAI — The Indian benchmark indices once again opened on a positive note on Tuesday in the run-up to a blockbuster budget next week. Adani Enterprises, Coal India, M&M, Bharti Airtel and Tata Steel were among major gainers on the Nifty in...
16 Jul 2024
MUMBAI — The Reserve Bank of India on Monday issued three revised Master Directions on fraud risk management for banks, NBFCs and housing finance companies. These Master Directions are principle-based and strengthen the role of the Board in overall...
15 Jul 2024
NEW DELHI — Commercial vehicle manufacturer Ashok Leyland, on Monday, said it has bagged the single-largest, fully-built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2,104 units of its Viking passenger bus. The buses ...
15 Jul 2024
NEW DELHI — India’s merchandise exports in June increased 2.56 per cent to USD 35.2 billion from USD 34.32 billion in the year-ago month, according to government data released on Monday. Imports rose by about 5 per cent to USD 56.18 billion i...
15 Jul 2024
NEW DELHI — Wholesale inflation in the country surged to a 16-month high of 3.36 per cent in June on account of rise in prices of food articles, especially vegetables and manufactured items. This was the fourth consecutive month when inflation witn...
15 Jul 2024
MUMBAI — The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15). Interest rates on loans linked to MCLR are also likely to go up ...
15 Jul 2024
MUMBAI — The assets under management (AUM) of equity mutual funds witnessed a growth of 8.27 per cent sequentially to reach INR 23,84,727 crore in June, from INR 22,02,497 crore in May (excluding sectoral/thematic funds), a report showed on Monday....
15 Jul 2024
