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BHEL bags Rs 3,500 crore order from Adani Power for Raipur TPP project
New Delhi: The Bharat Heavy Electricals Ltd (BHEL) said on Wednesday that it has secured a Rs 3,500 crore order from Adani Power Limited for setting up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh.
"Bharat Heavy…
Govt seeks stakeholders’ views on draft Central Excise Bill
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) on Tuesday invited suggestions on the draft Central Excise Bill, 2024, from stakeholders by June 26 as part of the pre-legislative consultation process.
The Bill aims…
Fruit production rise, vegetables decline in 2023-24
New Delhi: The Agriculture Ministry’s second advance estimates of 2023-24 for the area and production of horticultural crops in the country released on Tuesday reflect an increase in the output of fruits while a decline is seen in the…
Australia seeks inputs on developing ‘new roadmap’ for closer economic engagement with…
New Delhi: The Australian government has invited public submissions as it prepares a new roadmap for the country's closer economic engagement with India. The roadmap will not only take stock of Australia's existing economic initiatives with…
Stock markets gain over Rs 12 lakh crore in single day in ‘rare’ phenomenon
Mumbai: The Indian stock markets gained over Rs 12 lakh crore, or 3.25 per cent, on Monday as fundamentals, technicals and sentiments turned favourable at the same time, which is a rare phenomenon, experts said.
According to analysts,…
Coal production up over 10 per cent in May: Ministry
New Delhi: India's coal production reached 83.91 million tonnes (MT) in May, a growth of 10.15 per cent compared to the corresponding period of the previous year's 76.18 MT, the Centre said on Monday.
Coal India Limited (CIL) achieved…
Amul milk price hiked by Rs 2/litre across all variants with effect from June 3
The hike is necessitated to compensate farmers for their increased cost of production
GST collection for May at Rs 1.73 lakh crore, up 10 per cent YoY
New Delhi: 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.…
PF members can update or correct their profile data online: EPFO
New Delhi: The Employees' Provident Fund Organisation (EPFO) on Saturday said that PF members can now request a change or rectification in their data online and upload the relevant prescribed documents.
The EPFO has operationalised a…
Surge in manufacturing sector highlights Modi govt’s efforts: FM Sitharaman
New Delhi; Finance Minister Nirmala Sitharaman said on Friday that India’s GDP data showcases robust economic growth, which is the highest among the major economies of the world.
Also, she termed the 8.2 per cent growth for FY 2023-24…
Robust 8.2 per cent GDP growth is only trailer of things to come: PM Modi
New Delhi: Prime Minister Narendra Modi said on Friday that the Q4 GDP growth data for 2023-24 shows "robust momentum in our economy, which is poised to further accelerate."
"Thanks to the hardworking people of our country, 8.2 per…
Centre introduces separate mobile numbering series for service, transactional voice calls
New Delhi: The Centre on Thursday introduced a new numbering series, 160xxxxxxx, for making service or transactional calls, to help citizens easily identify legitimate calls and curb unsolicited voice calls from telemarketers using 10-digit…
Sensex falls 667 points on mixed global cues, Nifty drops to 22,704
Mumbai: The equity benchmarks in India closed in deep red on Wednesday due to profit booking by investors and mixed global cues – marking a decline for three consecutive days so far this week.
The Sensex was down 667 points or 0.89 per…
Market volatility peaks despite brokerage confidence in Modi government’s victory
Most brokerages still expect that the National Democratic Alliance (NDA) led by PM Narendra Modi will comfortably form the central government for the third straight time.
PFC conferred ‘CSR Champion Award’ at Outlook Planet Sustainability Summit & Awards…
GOA/NewDelhi: Power sector Maharatna Power Finance Corporation Ltd. has been conferred with the prestigious CSR award in the NF (Non-Fossil Fuel) business category at the Outlook Planet Sustainability Summit & Awards 2024 held in Goa.…
LIC Q4 net profit at Rs 13,763 crore, declares dividend of Rs 6 per share
New Delhi May 27 (IANS) Life Insurance Corporation of India (LIC) on Monday reported a 2.5 per cent increase in net profit at Rs 13,763 crore for the January-March quarter of the financial year 2023-24 compared to the corresponding figure…
Docking of largest container ship shows Mundra Port’s unmatched capabilities: Karan Adani
New Delhi: The docking of the largest container ship ever at an Indian port highlights Mundra's unmatched capabilities and a testimony to the company’s nation-building efforts, Karan Adani, Managing Director, Adani Ports and Special…
24 Indian startups raised $444 million in funding this week
New Delhi: About 24 Indian startups have raised around $444 million in funding during this week, which include five growth-stage deals and 14 early-stage deals.
Two early-stage startups did not disclose the amount raised, Entrackr…
Sensex hits new all-time high; Nifty breaches 23,000-mark for first time
The 30-share BSE Sensex climbed 164.24 points to hit its all-time high of 75,582.28 in early trade.
Forex reserves jump to record high of $648.7 billion
According to the RBI data, the forex reserves reached an all-time high of $648.7 billion as of May 17, with a weekly addition of $4.54 billion to the reserves.
