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Tax devolution: Centre releases third instalment of Rs 1.18L cr to states in June
The first two installments were released in April and May 2023. The transfer is part of the routine devolution from the Centre’s divisible pool of taxes.
Coal-based plants must run at full capacity till Sept 30: Govt
As the power demand peaks in the country owing to heat waves, the government on Monday directed coal-based plants to run at full capacity till September 30, 2023.
RBI, UAE central bank in talks on local currency trade: Piyush Goyal
Meanwhile, he said both countries are looking at $100 billion bilateral trade without including petroleum products by 2030.
एनएचडीसी को नवीन एवं नवीकरणीय ऊर्जा विभाग, मध्य प्रदेश द्वारा पंप्ड स्टोरेज साइट का आवंटन
मध्य प्रदेश: एनएचडीसी लिमिटेड (एनएचपीसी लिमिटेड एवं मध्य प्रदेश सरकार का संयुक्त उद्यम) को नवीन और नवीकरणीय ऊर्जा विभाग, मध्य प्रदेश सरकार द्वारा 525 मेगावाट x 6 घंटे की अनुमानित भंडारण क्षमता के साथ एक पंप हाइड्रो स्टोरेज साइट आवंटित की…
Consumers suffer as fake products flood market
Counterfeiting is a global problem affecting every industry sector globally, India is no exception.
Only USD 102 million FDI from GIFT City so far
Most of this investment has come in 2022-23. During the same year, $17 billion in FDI came from Singapore, and $6 billion each from Mauritius and UAE.
SEC lawsuits against cryptocurrency companies raise questions about industry’s future
Binance and Coinbase are both alleged to have violated the law by operating as securities exchanges without registering their businesses with the SEC.
Govt revises semiconductor PLI scheme
“Applications shall be appraised and evaluated individually on an ongoing basis, " the notification from the Ministry of Electronics and Information Technology stated.
Indian overseas earnings pour in, but there is a red flag
The World Bank report also showed that Indian income earners withstood global headwinds far better than the rest of the developing world.
BPCL’s Bargarh bio-refinery will give impetus to waste-to-wealth creation: Pradhan
After producing ethanol from sugarcane, India is now pushing for producing low-carbon fuel from grains and agri waste.
NDTV announces salary hikes across verticals "higher than industry average"
The hike has been done just six months after New Delhi Television Ltd (NDTV) became part of the Adani group.
Stock markets rally in early trade
The 30-share BSE Sensex climbed 135.43 points to 62,984.07 in early trade. The NSE Nifty advanced 42.1 points to 18,676.65.
UK clamps down on cryptocurrency sector, lawmakers push for regulation
The announcement comes after Britain introduced legislation earlier this year to bring crypto promotions under the scope of the FCA.
Markets snap 4-day rally amid profit-taking; auto, bank stocks fall
During the day, it tumbled 353.23 points or 0.55 per cent to 62,789.73. The NSE Nifty declined 91.85 points or 0.49 per cent to end at 18,634.55.
Wheat prices rise after collapse of Kakhovka dam in Ukraine
The collapse has endangered massive agricultural and drinking water supplies in Ukraine, with warning of a looming environmental disaster.
Rupee rises 5 paise to close at 82.55 against US dollar
"One can expect directional trends only after the Federal Reserve's policy meeting scheduled next week," a research analyst at HDFC Securities said.
Equity markets settle flat in volatile trade; IT stocks play spoilsport
UltraTech Cement was the gainer in the Sensex chart, climbing 3.13 per cent, followed by Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra.
India’s services sector PMI expands at second best in 13 years, defies inflation pressures
The growth was supported by sustained growth of new business in the face of positive demand trends.
Growth in domestic demand will attract foreign investment: CII President
The CII President talks to TNIE about issues related to economy, manufacturing, private investment and consumption.
Twitter safety executive quits after anti-trans video strife
Irwin's departure came as Twitter was under pressure by backers of an anti-transgender video called "What Is A Woman" who claimed Twitter went back on a deal to distribute the content free on the plat