Archive Detail
Title | Description | Posted Date |
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Market Outlook: Q1 results, PMI data & F | Mumbai, July 29 : Indian equity indices witnessed a stellar rally last week. This is the eighth consecutive week when frontline indices posted gains as positive sentiment due to the robust budget which was presented on July 23. | 29-Jul-2024 |
Aditya Birla Group’s foray into jewell | New Delhi, July 28 : As the Aditya Birla Group forays into branded jewellery business with an investment of Rs 5,000 crore, industry experts on Saturday said the shift towards consumers purchasing from branded retailers and upgrading to studded products will help the company cement its position in a massive over Rs 6.4 lakh crore domestic jewellery market. | 28-Jul-2024 |
To speed up industrial development, Kera | Thiruvananthapuram, July 28 : To speed up Kerala’s industrial development and to give an impetus to investors, the Kerala government has made modifications to the Land Disposal Regulations (LDR) governing industrial land allocation by the Kerala Industrial Infrastructure Development Corporation (KINFRA) and the Kerala State Industrial Development Corporation (KSIDC). | 28-Jul-2024 |
All states have got funds in Union Budge | New Delhi, July 27 : Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything. | 27-Jul-2024 |
Nifty closes at all-time high, Sensex su | Mumbai, July 27 : Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets. | 27-Jul-2024 |
India's business activity surges to 3-mo | New Delhi, July 27 : India's business activity accelerated to a three-month high in July as the services sector surged and manufacturing picked up momentum leading to companies hiring at the fastest pace in 18 years, according to the latest HSBC's survey. | 27-Jul-2024 |
Rs 6.67 lakh crore investment needed by | New Delhi, July 27 : The Power Ministry has estimated that the expansion required in the country’s thermal capacity to meet the growing demand for electricity will entail an expenditure of a minimum of Rs 6.67 lakh crore by 2031-32, Minister of State for Power Shripad Naik informed the Parliament on Thursday. | 27-Jul-2024 |
Adani Energy Solutions posts 73 pc net p | Ahmedabad, July 27 : Adani Energy Solutions Ltd (AESL) on Thursday reported strong results for the April-June quarter, as operational revenue surged 47 per cent to Rs 5,379 crore (year-on-year) while adjusted profit after tax (PAT) reached Rs 315 crore, up an impressive 73 per cent. | 27-Jul-2024 |
Centre's fiscal consolidation plan will | Mumbai, July 26 : Global credit agencies said the government’s plan for fiscal consolidation would positively impact India's credit profile. | 26-Jul-2024 |
Experts clarify new capital gains tax re | New Delhi, July 25 : Amid the confusion over the government eliminating the indexation benefit on calculating long-term capital gains tax (LTCG) on property which led to real estate stocks nosediving, some experts tried to assuage people, saying even in property, new tax rate at 12.5 per cent (without indexation) would be better than previous regime (20 per cent with indexation) if property is held longer as an asset than used just to rotate money every few years. | 25-Jul-2024 |
‘Indexation’ from mutual funds has g | New Delhi, July 25 : Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs). | 25-Jul-2024 |
Apple's Watch for kids service now live | New Delhi, July 25 : Tech giant Apple on Wednesday made its watch for kids feature available in India that comes with easy calling, texting, and activity monitoring. | 25-Jul-2024 |
Adani Green begins wind generation from | Ahmedabad, July 25 : First 250 MW wind capacity at the world’s largest 30,000 MW (30 GW) renewable energy plant at Khavda, Gujarat. | 25-Jul-2024 |
Realme unveils new quality improvement s | New Delhi, July 25 : From blurry photos and sluggish performance to fragile screens and short battery life, early smartphones were a far cry from the technological marvels we enjoy today. | 25-Jul-2024 |
Time to invest in stocks which can deliv | New Delhi, July 24 : Stock market experts on Wednesday said that investors should focus on buying stocks which can deliver superior returns after a marginal increase in long-term capital gains tax (LTCG) on equity becomes a reality. | 24-Jul-2024 |
‘Indexation’ from mutual funds has g | New Delhi, July 24 : Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs). | 24-Jul-2024 |
Budget 2024 : ‘Customs duties on gold | NEW DELHI, July 23 (TIWN): Finance Minister Nirmala Sitharaman on Tuesday announced to cut import duty on gold and silver to 6 per cent from 15 per cent. | 23-Jul-2024 |
Budget 2024 : Government aims to reach a | NEW DELHI, July 23 (TIWN): The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today. The highlights of the budget are as follows: | 23-Jul-2024 |
Indian Oil hands over hydrogen fuel bus | New Delhi, July 23 : Indian Oil has handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Navy for trials and performance testing as part of the government's green initiative. | 23-Jul-2024 |
Indian companies keen to explore investm | Vienna, July 11 : Indian companies are keen to explore investment opportunities in Austria across areas such as Research and Development, artificial intelligence (AI) and software in sustainability areas for addressing the European market, industry experts as Prime Minister Narendra Modi concluded his historic visit to the country. | 11-Jul-2024 |
Historic Day for Vizhinjam Port: Gautam | Ahmedabad, July 11 : Gautam Adani, Chairman of the Adani Group, on Thursday said it is a historic day for Adani Group's Vizhinjam Port which received its first mothership. | 11-Jul-2024 |
New jobs created in Indian economy in 20 | New Delhi, July 11 : As many as 12.5 crore jobs have been created in the Indian economy during the financial years 2014-23, which represents an over four-fold jump from the 2.9 crore jobs created during 2004-14, according to a State Bank of India (SBI) study. | 11-Jul-2024 |
Data centre market in south India to see | Bengaluru, July 11 : Fueled by Chennai, Bengaluru and Hyderabad, the data centre market in south India is projected to grow 65 per cent by 2030, a report showed on Thursday. | 11-Jul-2024 |
Adani Group's Vizhinjam Port receives fi | Thiruvananthapuram, July 11 : Adani Group's Vizhinjam Port, India's first trans-shipment port near Kovalam Beach in Kerala, received its first mothership on Thursday. | 11-Jul-2024 |
India sees 501 deals worth $21.4 bn in A | New Delhi, July 5 : India saw 501 deals valued at $21.4 billion in the April-June period -- highest quarterly volumes since Q2 2022 -- as an anticipated policy clarity from the upcoming budget and political stability is expected to boost investor confidence and drive deal activity in the next six months, a report showed on Friday. | 05-Jul-2024 |
Stocks of Defence firms rise as India’ | New Delhi, July 5 : The stocks of leading Indian Defence companies surged on Friday after the government announced that annual Defence production hit a record high of nearly Rs 1.27 lakh crore in the financial year 2023-24, reflecting a growth of 16.7 per cent over Defence production of the previous financial year. | 05-Jul-2024 |
After Eiffel Tower, UPI goes live at ano | New Delhi, July 5 : After the successful implementation of the Unified Payments Interface (UPI) for online ticket booking at Eiffel Tower, NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Friday, enabled the acceptance of UPI at Galeries Lafayette’s flagship store in Haussmann, ahead of Paris Olympics. | 05-Jul-2024 |
India on way to become a developed natio | Mumbai, July 5 : India is moving towards becoming a developed nation by 2047 but it needs to sustain its growth trajectory for the next two decades, leading economist and policymaker NK Singh has said. | 05-Jul-2024 |
After Apple, Google set to manufacture P | New Delhi, July 5 : After Apple, Google is set to manufacture Pixel smartphones in India, with plans to export the devices to Europe and the US, media reports have said. | 05-Jul-2024 |
Railway freight earnings shoot up by 11. | New Delhi, July 3 : Indian Railways has achieved a freight loading of 135.46 million tonnes in June this year which represents a robust 10.07 per cent increase over the corr | 03-Jul-2024 |
India’s coal production surges by 14.5 | New Delhi, July 3 : India’s coal production registered a robust 14.5 per cent growth in June this year to touch the 84.63 million tonnes mark compared to 73.92 million tonnes in the same month last year, according to the latest figures released by the Ministry of Coal. | 03-Jul-2024 |
Sensex crosses 80,000 for first time, ba | Mumbai, July 3 : Indian equity indices opened at record high on Wednesday following a rally in the banking stocks. Sensex and Nifty made a new all-time high of 80,039 and 24,292 respectively. | 03-Jul-2024 |
BMW posts strong performance in H1, sees | New Delhi, July 3 : BMW Group India has posted a strong performance in the first half (H1) of 2024 (January-June) as it witnessed a boost of over 21 per cent in car sales (BMW+MINI), fuelled by high demand for its sports activity vehicles, luxury class and electric cars. | 03-Jul-2024 |
India's macro fundamentals to remain str | New Delhi, July 3 : Driven by steady growth and low, underlying inflation, India’s macroeconomic fundamentals are expected to remain strong in the second half of FY25, global brokerage firm Nomura has said. | 02-Jul-2024 |
India's manufacturing activity surges in | New Delhi, July 1 : India's manufacturing activity picked up momentum in June on the back of rising consumer demand leading to the fastest rate of hiring in 19 years, according to HSBC's final India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, released on Monday. | 01-Jul-2024 |
GST collection jumps 7.7 pc in June to R | New Delhi, July 1 : India's gross GST collection rose to Rs 1.74 lakh crore in June this year which represents a 7.7 per cent increase over the same month last year, according to sources. | 01-Jul-2024 |
Mobile phone exports: India gains with P | New Delhi, July 1 : In a major boost to India’s production-linked incentive (PLI) scheme, mobile phone exports from the country gained much ground in FY24 as manufacturing giants like China and Vietnam fell behind. | 01-Jul-2024 |
RBI inks pact to link UPI with 4 ASEAN c | Mumbai, July 1 : Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments. | 01-Jul-2024 |
WB approves $1.5 bn more to aid India’ | New Delhi, July 1 : The World Bank on Saturday approved $1.5 billion in financing for a second operation to help India — which is the fastest-growing large economy in the world — accelerate the development of low-carbon energy. | 01-Jul-2024 |