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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.…
India, Qatar hold talks on bolstering economic ties
New Delhi: The first meeting of the Joint Task Force on Investment (JTFI) between India and Qatar held here on Thursday reaffirmed the commitment of both the nations to strengthen bilateral economic relations.
The joint task force was…
Sensex jumps 311 points ahead of RBI MPC decision
Mumbai; India equity indices were trading in the green on Friday after a flat open.
On Friday, the decisions of the ongoing Monetary Policy Committee (MPC) to review interest rates will be announced by Reserve Bank of India (RBI)…
Apple earned over $1.95 trillion from iPhone sales so far: Report
New Delhi: Despite the apparent decline in the first three months of the year, iPhone lifetime sales still rose to shocking highs as the tech giant Apple grossed over $1.95 trillion from iPhone sales so far, a new report said on Wednesday.…
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.…
