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India on way to become a global economic superpower
New Delhi: Driven by the government's production-linked incentive (PLI) schemes, robust local manufacturing towards becoming a supply chain hub, and strong GDP growth, India is marching towards becoming a global economic superpower in…
Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run
Mumbai: Buoyed by strong buying once again, Sensex and Nifty surpassed the 79,000 and 24,000 levels, respectively, for the first time on Thursday.
Sensex gained 568 points to close at 79,243 while Nifty reached 24,044, after gaining…
Sensex, Nifty close at record high, media and energy stocks shine
Mumbai; Indian equity indices closed at a record high on Wednesday following a rally in media and energy stocks.
During the market hours, the Sensex and Nifty registered a new all-time high of 78,759 and 23,889 respectively.
At…
Rs 11,340 crore revenue received via auction of 141.4 MHz spectrum: Centre
New Delhi: The government on Wednesday said it received Rs 11,340 crore through auction of a total quantum of 141.4 MHz spectrum.
This year, auction has seen activity in 900MHz, 1800MHz, 2100MHz and 2500 MHz bands.
Bharti Airtel…
Mumbai Metro 3 first phase to be operational by September
Mumbai; The first phase of Colaba-SEEPZ Mumbai Metro 3 between SEEPZ and Bandra Kurla Complex will be commissioned by September and the entire project by December end.
The state Cabinet chaired by Chief Minister Eknath Shinde on…
India’s debt-GDP ratio dips to 18.7 per cent in March 2024
Mumbai: India's external debt to GDP ratio declined to 18.7 per cent at end-March 2024 from 19.0 per cent at end-March 2023, reflecting a strengthening of the country's macroeconomic fundamentals.
Although in absolute terms at the…
PLI scheme to be expanded to garment sector: Textiles Minister
New Delhi: Union Textiles Minister Giriraj Singh on Tuesday announced that the Rs 10,000 crore PLI scheme will be expanded to the garment sector to boost domestic manufacturing and exports.
In his inaugural address at the India…
Goa launches ‘Exit Support Scheme’ for sick industrial units
Panaji: To bring around 423 sick industrial units into functional mode, the Goa government on Tuesday launched the Exit Support Scheme for the current lease owners.
After launching the scheme, Goa Chief Minister Pramod Sawant said…
Indian Railways to deploy Kavach system on 44,000 kms of tracks in next 5 years
New Delhi: Indian Railways aims to deploy the Kavach system on 44,000 kms of tracks to avoid train accidents in the future, according to a media report.
Indian Railway plans to implement this advanced safety system structurally in…
Adani Ports features on honour list of companies in Asia Pacific, only Indian firm in transport…
Ahmedabad; Adani Ports and Special Economic Zone Limited (APSEZ) on Monday said it has made it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey and in the transportation sector, the Adani…
Telangana to soon unveil policy for MSME sector
Hyderabad: The government of Telangana will soon come out with a policy for the Micro Small and Medium Enterprise (MSME) sector, minister for industry and information technology D. Sridhar Babu said on Monday.
Addressing the…
OnePlus launches Nord CE 4 Lite 5G with 50MP camera in India
New Delhi: Global technology brand OnePlus on Monday launched the new Nord CE4 Lite 5G, with a 50MP main camera, in India.
The device comes available in three colourways -- Super Silver, Mega Blue, and Ultra Orange and in two…
Centre puts up 21 critical mineral blocks for auction
New Delhi: Union Minister of Coal and Mines, G. Kishan Reddy, on Monday launched the auction of 21 blocks of critical and strategic minerals as part of the fourth tranche.
Out of these 21 blocks, 11 are fresh blocks spanning six…
Railway services, students’ hostels exempted from GST
New Delhi: The GST Council meeting chaired by Finance Minister Nirmala Sitharaman on Saturday decided to exempt services provided by Indian Railways from GST.
Addressing the media after the council meeting, the Finance Minister said…
Bangladesh to receive $900 mn World Bank financing for sustainable growth
Dhaka: The World Bank's Board of Executive Directors has approved two projects totalling $900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure…
Committed to making India a global skilling hub: Union Minister
New Delhi: To empower Indian nurses with global career opportunities, Union Minister of State for Skill Development and Entrepreneurship (Independent Charge), Jayant Chaudhary, on Saturday felicitated 32 healthcare professionals for…
New Telecom Act: Centre can take control of telecom networks during emergency
New Delhi: The Centre on Saturday introduced the new Telecommunications Act, 2023 that will usher in the new era of connectivity from June 26, replacing century-old colonial laws.
The Section 20 of the 'Telecommunications Act 2023'…
Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan, Karnataka
New Delhi: Central government has approved two new Inter State Transmission System (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka with an investment of Rs 13,595 crore, the Ministry of Power said on…
Sensex trades higher led by IT stocks
Mumbai: Indian equity indices opened in green on Friday as Infosys, Wipro, and Tech Mahindra were top gainers.
At 9:40 a.m., Sensex was up 222 points or 0.28 per cent at 77,700 and Nifty was up 71 points or 0.30 per cent at 23,638.…
Government puts up 67 coal mines for auction across 8 states
Hyderabad: The Ministry of Coal on Friday put up 67 coal mines for auction across eight states, including Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, West Bengal and Telangana.
Union Minister of Coal and Mines,…
