Archive Detail
Title | Description | Posted Date |
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5G subscriptions projected to reach 840 | New Delhi, June 26 : 5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday. | 26-Jun-2024 |
Sensex, Nifty close at record high, medi | Mumbai, June 26 : Indian equity indices closed at a record high on Wednesday following a rally in media and energy stocks. | 26-Jun-2024 |
Bengal coal scam: CBI arrests 3 more inc | Kolkata, June 26 : Three persons including a senior official of Eastern Coalfields Limited, a subsidiary of Coal India Limited, were arrested by the Central Bureau of Investigation (CBI) on Wednesday in connection with the multi-crore coal smuggling case in West Bengal. | 26-Jun-2024 |
Universities in Global South can be chan | Tokyo, June 26 : The founding Vice Chancellor of O.P. Jindal Global University, Prof. (Dr.) C. Raj Kumar, addressed the prestigious annual meeting of the Academic Council of the United Nations System (ACUNS) here and delivered the keynote speech titled 'The Role of Universities in the Global South for Achieving the Sustainable Development Goals (SDGs)'. | 26-Jun-2024 |
Mutual funds gave over 17 per cent avera | Mumbai, June 26 : Indian equity markets gave stellar returns in the first six months of 2024. | 26-Jun-2024 |
Indian stock market at all-time high, ba | Mumbai, June 25 : Driven by the financial sector, the Indian stock market saw a sharp rally to close at an all-time high on Tuesday, with the Bank Nifty index breaking above the resistance of 52,000 for the first time. | 25-Jun-2024 |
Why are some of India's richie rich movi | Dubai / New Delhi, June 25 : India's wealthy are increasingly setting their sights on a new address: the United Arab Emirates (UAE). This shift has seen Dubai, Abu Dhabi, and other emirates emerge as a favored destination for the nation's ultra-rich. But what exactly is drawing India's super rich to the UAE? | 25-Jun-2024 |
Coal Ministry launches India’s first e | New Delhi, June 25 : Coal India subsidiary Eastern Coalfields Limited (ECL) has embarked on an innovative pilot project for Underground Coal Gasification (UCG) at the Kasta coal block in Jharkhand’s Jamtara district as part of a strategic initiative launched by the Ministry of Coal, according to an official statement issued on Monday. | 25-Jun-2024 |
Our best is yet to come: Gautam Adani to | Ahmedabad, June 25 : Gautam Adani, Chairman of the Adani Group, said on Monday that with record results, robust cash positions, and the lowest debt ratios in the company's history, their path ahead is illuminated with the promise of even greater accomplishments and "the best is yet to come". | 25-Jun-2024 |
India's IT & business services market to | New Delhi, June 25 : The IT and Business Services market in India is projected to grow at a CAGR of 7.3 per cent to reach $20.7 billion by the end of 2028, a report showed on Monday. | 25-Jun-2024 |
India's capex push to help capital goods | Mumbai, June 24 : Led by continued significant government outlays towards railways (including metros), defence and renewable sectors, capital goods makers are likely to see revenue rise 9-11 per cent in fiscal 2025, a report showed on Monday. | 24-Jun-2024 |
Gaming sector’s demands not discussed | New Delhi, June 23 : The Goods and Services Tax (GST) Council at its 53rd meeting decided not to take up the demand of the gaming companies to levy 28 per cent GST on the Gross Gaming Revenue (GGR) that is earned by the industry, not on the full value of bets placed in online games. | 23-Jun-2024 |
GST Council okays uniform 12 per cent GS | New Delhi, June 23 : The GST Council meeting held on Saturday recommended a uniform GST rate of 12 per cent on all milk cans whether they be made of steel, iron, or aluminum, Finance Minister Nirmala Sitharaman said. | 23-Jun-2024 |
India's innovation ecosystem poised for | New Delhi, June 23 : India's innovation ecosystem is poised for exponential growth, driven by robust government policies, increased venture capital and a dynamic talent pool, industry experts said on Saturday. | 23-Jun-2024 |
28 Indian startups raised over $800 mn i | New Delhi, June 23 : About 28 Indian startups have raised $800.5 million in funding across 29 deals this week. | 23-Jun-2024 |
FM Nirmala Sitharaman holds pre-Budget m | New Delhi, June 23 : Union Minister for Finance Nirmala Sitharaman chaired pre-Budget consultations with the Finance Ministers of states and Union Territories to take their views on board for the upcoming Union Budget 2024-25 here on Saturday. | 23-Jun-2024 |
Indian CEOs prioritise tech investments, | New Delhi, June 21 : Indian CEOs are prioritising technology investment, including artificial intelligence (AI) but stay guarded amid data security challenges, according to a report. | 21-Jun-2024 |
Sensex trades flat after opening in gree | Mumbai, June 21 : Indian equity benchmarks were trading flat on Thursday as mixed cues from global markets. At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was down 16 points or 0.07 per cent at 23,499. | 21-Jun-2024 |
India becomes third-largest domestic air | New Delhi, June 21 : Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago. | 21-Jun-2024 |
Tech startups raise $4.1 billion in 1st | Bengaluru, June 21 : Indian tech startups raised $4.1 billion in the first half this year (January to June to date), a 4 per cent increase from $3.96 billion in the second half of 2023, a report showed on Thursday, as the country witnessed three unicorns along with 17 IPOs in this period. | 21-Jun-2024 |
RBI Governor urges banks to adopt AI for | Mumbai, June 21 : RBI Governor Shaktikanta Das on Thursday underlined the importance for banks and NBFCs to adopt advanced and emerging technologies such as artificial intelligence (AI), and machine learning (ML) to prevent financial fraud. | 21-Jun-2024 |
Indian bonds' inclusion in JPMorgan inde | Mumbai, June 20 : Indian bonds are set to attract record foreign fund inflows on June 28 when they will be included in JPMorgan's Emerging Market Index. | 20-Jun-2024 |
Centre plans to revamp PLI schemes to bo | New Delhi, June 19 : The government is planning to revamp the production-linked incentives (PLIs) by relaxing the norms for releasing funds, including more sectors under the scheme, and extending benefits to MSMEs (micro, small and medium enterprises) in labour-intensive sectors through special carve-outs, media reports have said. | 19-Jun-2024 |
Renewables, roads, realty sectors to see | New Delhi, June 19 : Riding on supportive policy interventions, investment in India’s key infrastructure sectors — renewable energy and roads – and real estate are likely to grow 38 per cent in the fiscals 2025 and 2026, compared with the previous two fiscals, to Rs 15 lakh crore, a report showed on Tuesday. | 19-Jun-2024 |
India's NBFC sector now world's 3rd larg | New Delhi, June 19 : India's non-banking financial sector has grown to become the third largest in the world, next only to the United States and the United Kingdom, according to an SBI report that highlights the growing strength of the country’s financial sector. | 19-Jun-2024 |
India’s spices exports hit record $4.4 | New Delhi, June 19 : The export of spices and its products reached an all-time high in FY 2023-24 at a record $4.46 billion making India a key player in the global trade. | 19-Jun-2024 |
Non-cash payment on e-com platforms rose | New Delhi, June 19 : India has witnessed the fastest jump in alternative remittance share for e-commerce payments in the Asia-Pacific (APAC) region, from 20.4 per cent in 2018 to 58.1 per cent in 2023, a new report has said. | 19-Jun-2024 |
Sensex, Nifty hit new all-time high on s | Mumbai, June 18 : Indian equity frontline indices opened in green on Tuesday following positive global cues. In the early trade, Sensex and Nifty made a new all-time high of 77,326 and 23,573 respectively. | 18-Jun-2024 |
Indian banks have bounced back in 10 yea | New Delhi, June 17 : Indian banks have bounced back over the last 10 years with a 4-fold increase in profits and a sharp decline in bad loans, according to a report by capital markets and investment group CLSA. | 17-Jun-2024 |
Operating profit margin for India Inc to | New Delhi, June 17 : The operating profit margin for India Inc. is expected to remain steady at 15-18 per cent in the first quarter (April-June period) in the ongoing fiscal year (FY25), a report showed on Monday. | 17-Jun-2024 |
Foreign investors make a stellar comebac | Mumbai, June 17 : Foreign investors were selling equity in Indian markets for the last few months. The trend changed from the previous week when Foreign Institutional Investors (FIIs) invested Rs 11,730 crore in the Indian equity market. | 17-Jun-2024 |
Market Outlook: Monsoon, Budget, other f | Mumbai, June 17 : India stock markets will remain closed on Monday on the account of Eid-ul-Adha. Trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will resume on Tuesday. | 17-Jun-2024 |
China's Wuhan Tianyu says inclusion on U | Beijing, June 17 : China's Wuhan Tianyu Information Industry said on Sunday the U.S. including it on a sanctions list was a "unilateral" act that could affect the data security company's foreign exchange settlements. | 17-Jun-2024 |
India emerging as promising alternative | New Delhi, June 14 : The chipmaking equipment industry is looking to establish operations in India, as the country emerges as a promising alternative to China amid tensions between Beijing and the West. | 14-Jun-2024 |
India to remain Asia-Pacific's fastest g | New Delhi, June 14 : India will remain the Asia-Pacific region's fastest-growing economy in 2024, sustaining the domestically-driven momentum of last year, on the back of a continuity in policy that focuses on infrastructure development and encourages private sector investment, according to the latest report of global rating agency Moody’s. | 14-Jun-2024 |
CII pegs India’s GDP growth at 8 pc fo | New Delhi, June 14 : Confederation of Indian Industry (CII) expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri, the newly elected President of the apex industry body. | 14-Jun-2024 |
Global fund investments in India will ac | Mumbai, June 14 : The Indian stock market has seen a significant rally in recent months and is now attracting global funds which are going to accelerate in the near future, according to top analysts. | 14-Jun-2024 |
Nifty closes at 23,398 after touching al | New Delhi, June 14 : Indian equity benchmarks closed in the green on Thursday following inflation decreases in India and the US. At closing, Sensex was at 76,810, up by 204 points or 0.27 per cent, and Nifty was up by 75 points or 0.33 per cent, at 23,398. | 13-Jun-2024 |
Sri Lanka green lights Elon Musk's Starl | New Delhi, June 8 : Sri Lanka has approved Elon Musk's Starlink to launch satellite service in the country, President Ranil Wickremesinghe has said. | 08-Jun-2024 |
Startups in India raise over $97 million | New Delhi, June 8 : The Indian startup ecosystem, the world’s third largest, saw $97.3 million in funding across 10 deals this week as Lok Sabha election results were declared, paving the way for the BJP-led NDA to return to power. | 08-Jun-2024 |
Space infrastructure, geo-intelligence v | New Delhi, June 8 : Space infrastructure and geo-intelligence are vital for national security, experts said on Saturday, ahead of the Indo-Pacific Geo-Intelligence Forum (IPGF) 2024. | 08-Jun-2024 |
Investors gain Rs 28 lakh crore in just | Mumbai, June 8 : As Prime Minister Narendra Modi was elected as leader of the NDA Parliamentary party amid the RBI’s monetary policy announcements, the Indian indices on Friday recovered from losses it suffered before the election results, giving investors Rs 28 lakh crore back in just three trading sessions, from over Rs 30 lakh crore loss they had suffered. | 08-Jun-2024 |
India embarks on clean energy journey am | New Delhi, June 8 : As India begins its ambitious journey to fulfilling at least half of its energy requirements via renewable energy by 2030, the country is set to attract over $500 billion worth investment in clean energy by that time. | 08-Jun-2024 |
IANS Analysis: Will China bail out Pakis | New Delhi, June 4 : Pakistan’s Prime Minister Shehbaz Sharif is set to embark on a significant four-day state visit to China in early June, tentatively scheduled from 4th to 7th of June. | 03-Jun-2024 |
Adani Group’s market cap back to pre-H | New Delhi, June 4 : Riding on two big rallies on the Indian indices, the Adani Group has regained its total market capitalisation after it was hit by a short-seller report in late FY23. | 03-Jun-2024 |
Sensex, Nifty at all-time high as Exit P | Mumbai, June 4 : Indian equity benchmarks opened at an all-time high on Monday due to Exit Polls predicting a Modi government comeback. | 03-Jun-2024 |
Adani Group companies’ shares surge ne | Mumbai, June 4 : The stock of key Adani Portfolio of companies surged nearly 10 per cent on Monday as soon as the markets opened, becoming among the top gainers. | 03-Jun-2024 |
GST collection for May at Rs 1.73 lakh c | New Delhi, June 2 : The Goods and Services Tax (GST) collections for May came in at Rs 1.73 lakh crore, a 10 per cent growth (year-on-year), driven by a strong increase in domestic transactions and slowing of imports, the Centre said on Saturday. | 02-Jun-2024 |
Commercial LPG gas cylinder gets cheaper | New Delhi, June 2 : Oil marketing companies reduced the price of 19 kilograms of commercial LPG gas cylinders on Saturday. | 02-Jun-2024 |
Indian economy clocks robust 7.8 per cen | New Delhi, June 2 : The Indian economy has clocked a robust GDP growth of 7.8 per cent in the January-March quarter while for the full financial year 2023-24, the growth rate works out to a stellar 8.2 per cent -- up from 7 per cent in FY 2022-23. | 02-Jun-2024 |