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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.
Prioritise 6 GHz spectrum for 5G, roll out fair share data network usage norm: COAI to Centre
The apex telecom industry body has also requested the government to look at the industry's long-standing issues about spectrum pricing and related revenue concerns.
Piyush Goyal looks to build on PLI scheme, boost exports in 2nd term as Commerce Minister
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Tuesday told officials of his ministry that the government needs to build on the success of the past initiatives such as the productivity-linked incentive (PLI) scheme and…
COAI announces new leadership, Abhijit Kishore appointed Chairperson
New Delhi: Cellular Operators' Association of India (COAI), the apex industry association representing leading telecom, internet, technology, and digital services companies, on Tuesday announced its new leadership for the term 2024-25,…
FM Sitharaman on strong wicket as Modi 3.0 gears up to present full budget
New Delhi: Prime Minister Narendra Modi has sent a clear message of continuity in the government’s economic policy with the re-appointment of Nirmala Sitharaman as Finance Minister.
Sitharaman’s return comes on the back of a successful…
Japan’s economy is shrinking, although slightly less than previously thought
Wage growth has been slow, and prices on imports have risen amid a decline in the Japanese yen against the U.S. dollar.
India set to become global electronics manufacturing destination
New Delhi: India is poised to become a large-scale global electronics manufacturing destination in years to come under the visionary leadership of Prime Minister Narendra Modi, Pankaj Mohindroo, Chairman, India Cellular and Electronics…
New Govt, IIP, PMI data and Fed meet key triggers for next week
New Delhi: Last Week, Indian equity markets witnessed high volatility sessions due to an unexpected outcome in the 2024 Lok Sabha elections.
National Stock Exchange (NSE) benchmark Nifty was within the range of 21,300-23,300 points, the…
After a super volatile week, all eyes on new Cabinet
New Delhi: It was an eventful and extremely volatile week for the stock market where one saw wild gyrations in both directions. At the end of it, it left the weak-hearted gasping for breath, waiting to recover their composure. The net price…
Stock markets gain 3 per cent as political stability returns
Mumbai: In a week full of political surprises, the Indian Indices saw high volatility but ended up gaining more than 3 per cent, buoyed by Prime Minister Narendra Modi’s return for the record third term and RBI’s monetary policy…
Next 5 years to focus on skilling, creating vast number of new jobs: Amitabh Kant
New Delhi, June 8 (IANS) As the demand for talented young Indians grows for emerging technologies, the new government under Prime Minister Narendra Modi will further focus on skilling and creating new jobs, G20 Sherpa Amitabh Kant has said.…
NHAI plans to roll out Global Satellite-based toll system for barrier-free for highway users
New Delhi: To provide a seamless and barrier-free tolling experience to National Highway users and enhance efficiency and transparency of toll operations, NHAI has invited global expression of interest (EOI) from innovative companies to…
Industry welcomes resolution of ambiguity on display assembly for mobile phones
New Delhi: The electronics industry stakeholders on Friday welcomed the government’s move to resolve ambiguity around the customs duty on display assembly of mobile phones.
The India Cellular and Electronics Association (ICEA) said that…
Zee Entertainment Enterprises to raise funds up to Rs 2,000 crore
New Delhi: Zee Entertainment Enterprises Limited (ZEEL) on Thursday announced to raise funds up to Rs 2,000 crore via shares or eligible securities.
The company's stock went up 5 per cent to close at Rs 153.75 apiece after the news.…