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Sensex trades flat after opening in green
Mumbai: 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.
Banking…
Curtain raiser for ‘Invest Karnataka 2025’ held in Bengaluru
Bengaluru: Karnataka Chief Minister Siddaramaiah announced on Wednesday that the state government aims to achieve an annual industrial growth rate of 15-16 per cent to reach a $1 trillion economy by 2032.
Addressing a curtain-raiser…
Cabinet gives nod to Rs 7,453 crore scheme for offshore wind energy projects
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7,453 crore, according to an official…
CII urges govt to leave corporate tax rates at current levels in Budget 2024-25
New Delhi; Apex business chamber Confederation of Indian Industry (CII) has in its wish list for the Union Budget 2024-2025 urged the government to maintain corporate tax rates at current levels to provide tax certainty for businesses.…
India’s net direct tax collections surge by 21 pc in FY25
New Delhi; India’s net direct tax collections have shot up by a robust 20.99 per cent for the financial year 2024-25 as of June 17 to Rs 4,62,664 crore, compared to Rs 3,82,414 crore in the same period of the preceding fiscal, according…
Will work hard to provide an ideal life for elderly
New Delhi; In order to provide an ideal life for the elderly, widows and the disabled, if there is a need to change the rules and regulations of the scheme, then amendments should also be made, Union Rural Development Minister Shivraj Singh…
MEA to integrate SBI digital payments services with eMigrate portal
New Delhi: In a bid to facilitate and enhance the ambit of safe and legal migration of Indian migrant workers, the Ministry of External Affairs (MEA) and State Bank of India (SBI), on Saturday, announced the integration of SBIePay with…
Indian stock markets breaking global benchmarks in equity market cap
New Delhi; As Indian stock markets continue to touch fresh new highs almost every day post the formation of the new government, they are also breaking global benchmarks.
In a new feat, India has reclaimed the fourth-biggest global equity…
Indian startups raise $202 million, over 100 pc jump from last week
New Delhi; The fundraising by the Indian startup ecosystem reclaimed its upward trend this week with nearly $202 billion via 21 deals.
This is a massive over 100 per cent rise from last week when the startups secured about $98 million in…
Airtel pre-pays Rs 7,904 crore to clear deferred liabilities for spectrum
New Delhi: Bharti Airtel on Friday said it has prepaid Rs 7,904 crore to the Department of Telecom (DoT) to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015.
In a stock exchange filing, the company said…
We aim to educate, engage stakeholders on Social Stock Exchange: NSE CEO
New Delhi: The National Stock Exchange (NSE), under the guidance of markets regulator SEBI, has initiated a series of events across India to raise awareness about the Social Stock Exchange (SSE), Ashish Kumar Chauhan, MD and CEO, NSE,…
India’s unincorporated sector records 7.84 pc rise in employment
New Delhi: India’s unincorporated non-agricultural sector has registered a robust increase in employment with both manufacturing and services segments recording a significant expansion in establishments in the post-Covid period,…
India’s forex kitty surges to new lifetime high of $655.8 billion
Mumbai: India's foreign exchange reserves surged by $4.3 billion during the week ended June 7 to scale a lifetime high of $655.8 billion, according to the latest data released by the RBI on Friday.
The country’s forex kitty has…
PFC Signs Agreement with Chenab Valley PPL for ₹1869.265 Cr Loan for Kiru HEP
Jammu: Chenab Valley Power Project Private Limited (CVPPPL), a Joint Venture of NHPC LTD (51%) and JKSPDC (49%) has signed an Agreement with Power Finance Corporation Limited, a Maharatna Central Public Sector Enterprise and leading NBFC…
MECON Ltd seeks bids for use of green hydrogen in making steel
New Delhi: As part of the government's move to replace fossil fuels with green hydrogen in steel manufacturing, MECON Limited has invited proposals from prospective bidders for use of Hydrogen in DRI Pilot Plant, in existing Blast Furnace…
Govt says it has sufficient wheat stocks to keep price in check
New Delhi: The Central government's Department of Food and Public Distribution is keeping a close watch on the price of wheat and has sufficient stocks of the cereal which can be released to cool down the market in case the price starts…
Nifty closes at 23,398 after touching all-time high
New Delhi: 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,…
India will require $215 bn to reach target of 500 GW renewable energy by ’30
As per Moody’s Ratings (Moody’s), India’s infrastructure companies will be spending on energy transition to meet demand resulting from the country’s relatively strong economic growth.
April Industrial output growth declines to 5%
Factory output growth, measured in terms of the Index of Industrial Production (IIP), was 5.4% in March and 5.6% in February 2024.
Brigade Group to invest Rs 8,000 crore in Chennai to develop 15 million sqft by 2030
The company also said the gross development value of the residential projects, measuring over 12 million sqft alone is around Rs 13,000 crore.
