Indian firms poised to invest $45-50 billion a year amid rising profits

Indian firms poised to invest $45-50 billion a year amid rising profits

New Delhi, Aug 20 – Indian companies are expected to allocate $45–50 billion annually for capital expenditure over the next two years as the investment cycle picks up momentum on the back of robust corporate earnings, according to a Moody’s Ratings report released

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Vinesh can join politics, may contest Haryana Assembly polls vs cousin Babita: Sources

Vinesh can join politics, may contest Haryana Assembly polls vs cousin Babita: Sources

New Delhi, Aug 20 – Ace wrestler Vinesh Phogat is likely to contest the upcoming Haryana Assembly elections as the sources close to her told IANS on Tuesday. However, Vinesh had stated earlier that she will not move into active politics. But as

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Sensex closes up 378 points, bank shares lead the rally

Sensex closes up 378 points, bank shares lead the rally

Mumbai, Aug 20 – India equity indices closed in the green on Tuesday following positive sentiments in the markets. At closing, Sensex was at 80,802, up 378 points or 0.47 per cent and Nifty was at 24,698, up 126 points or 0.51 per

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Rahul evades question on Kolkata horror during visit to LS constituency; BJP bristles

Rahul evades question on Kolkata horror during visit to LS constituency; BJP bristles

New Delhi, Aug 20 – The Leader of Opposition (LoP) in Lok Sabha, Rahul Gandhi, on Tuesday turned down scribes’ questions on Kolkata horror, which has kept the state on edge for a week and triggered waves of outrage and protests by the

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Cancel advertisement for lateral entry recruitments: Govt tells UPSC amid political row

Cancel advertisement for lateral entry recruitments: Govt tells UPSC amid political row

New Delhi, Aug 20 – In a significant climbdown over lateral entry into bureaucracy, the Centre on Tuesday asked the Union Public Service Commission (UPSC) to cancel the advertisement for recruitment of “people of expertise” in government departments and ministries. Union Minister Jitendra

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Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

New Delhi, Aug 20 – Elevating India-Malaysia relationship to Comprehensive Strategic Partnership, Prime Minister Narendra Modi and visiting Malaysian PM Anwar Ibrahim held wide-ranging talks in New Delhi on Tuesday which culminated in the signing of nine Memorandums of Understanding (MoUs), ranging from

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(IANS Interview) Lateral entry is akin to talent hunt, can’t be pick and choose model: Veerappa Moily

(IANS Interview) Lateral entry is akin to talent hunt, can’t be pick and choose model: Veerappa Moily

New Delhi, Aug 20 – Former Union Law Minister, M Veerappa Moily, on Tuesday acknowledged that the second Administrative Reforms Commission (ARC), chaired by him in 2005 did recommend lateral entry into government services, however, he maintained that the present NDA dispensation was

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India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

New Delhi, Aug 20 – India added 7.3 crore internet subscribers and 7.8 crore broadband subscribers in one year as the number of telephone subscribers reached 119.9 crore in the country, the Centre informed on Tuesday. Total number of internet subscribers increased from

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Tata Group gears up for new iPhone assembly plant as Apple expands India footprint

Tata Group gears up for new iPhone assembly plant as Apple expands India footprint

New Delhi, Aug 20 – In a further boost to the ‘Make in India’ initiative, business conglomerate Tata Group is geared up for a new iPhone assembly plant in the country that is likely to become operational in the festive quarter of 2024.

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Indian Railways launches hi-tech water level monitoring system for trains

Indian Railways launches hi-tech water level monitoring system for trains

Guwahati, Aug 20 – Indian Railways has launched an advanced ‘water level monitoring system’ for the comfort of train passengers with the first installation on the Brahmaputra Mail Express which will carry out trial runs. The innovative system represents a major advancement in

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Sabalenka wins Cincinnati Open title

Sabalenka wins Cincinnati Open title

Cincinnati (USA), Aug 20 – Aryna Sabalenka secured her first title since January’s Australian Open by overpowering Jessica Pegula in the Cincinnati Open final. The Belarusian displayed her dominant form, taking just 76 minutes to claim a 6-3, 7-5 victory, marking the 15th

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Vardy’s late strike help Leicester hold Tottenham on draw

Vardy’s late strike help Leicester hold Tottenham on draw

Leicester, Aug 20 – Jamie Vardy’s late inclusion paid off spectacularly for Leicester City as the 37-year-old striker salvaged a 1-1 draw against Tottenham Hotspur at the King Power Stadium. The match began with Tottenham in full control. Spurs dominated possession, holding over

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La Liga: Villarreal and Atletico Madrid play out thrilling 2-2 draw

Madrid, Aug 20 – Villarreal and Atletico Madrid kicked off their La Liga campaigns with a thrilling 2-2 draw at the Estadio de la Ceramica. Atletico Madrid, fielding a new-look side, found themselves on the back foot early. Missing key players like Stefan

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Ipswich sign Jens Cajuste on loan from Napoli

Ipswich sign Jens Cajuste on loan from Napoli

Ipswich, Aug 20 – Ispwich Town have signed Sweden international Jens Cajuste from Napoli on loan until the end of the season. The 25-year-old midfielder came through the ranks at Swedish side Orgryte before making the move to FC Midtjylland in 2018, where

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BBL: Warner signs two-year deal with Sydney Thunder; Smith to play for Sixers

BBL: Warner signs two-year deal with Sydney Thunder; Smith to play for Sixers

Sydney, Aug 20 – David Warner is set to be a full-time presence in the Big Bash League (BBL) for the first time in his career after signing a new two-year contract with Sydney Thunder while Steven Smith would continue to grace the

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Darius Visser smashes record-breaking 39-run over in T20 World Cup Qualifier

Darius Visser smashes record-breaking 39-run over in T20 World Cup Qualifier

Apia (Samoa), Aug 20 – Samoa’s Darius Visser etched his name into the Cricket record books by scoring an unprecedented 39 runs in a single over during the T20 World Cup East Asia-Pacific Region Qualifier match against Vanuatu in Apia on Tuesday. This

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‘Happy for the effort I had all week’: Tiafoe after losing Cincinnati final to Sinner

‘Happy for the effort I had all week’: Tiafoe after losing Cincinnati final to Sinner

Cincinnati (USA), Aug 20 – Despite falling short against World No. 1 Jannik Sinner in the Cincinnati Open final, Frances Tiafoe walked away with his head held high, thrilled with his deep run in the ATP Masters 1000 event. For Tiafoe, reaching his

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Zomato sees block deal worth Rs 5,438 crore for 21 crore shares

Zomato sees block deal worth Rs 5,438 crore for 21 crore shares

Mumbai, Aug 20 – Online food delivery platform Zomato saw a block deal on Tuesday where 21 crore shares (around 2.4 per cent equity) worth Rs 5,438.5 crore changed hands. The block deal, likely by Antfin Singapore, was executed at an average of

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1st supermoon of 2024 ‘looks amazing’, says Elon Musk

1st supermoon of 2024 ‘looks amazing’, says Elon Musk

New Delhi, Aug 20 –  Billionaire Elon Musk on Tuesday called the first Supermoon of 2024, ‘amazing’ to see. From Monday to Wednesday, stargazers can witness a “full moon that is both a supermoon and a blue moon”, said NASA in a post

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Musk willing to serve Trump if he wins, to lead ‘department of government efficiency’

Musk willing to serve Trump if he wins, to lead ‘department of government efficiency’

San Francisco, Aug 20 – Tesla and SpaceX CEO Elon Musk on Tuesday said he is willing to serve the country after the US presidential candidate Donald Trump stated that he will consider the tech billionaire for a cabinet role or an advisory

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