Indian economy shows signs of speeding up as rural demand surges: RBI

Indian economy shows signs of speeding up as rural demand surges: RBI

Mumbai, July 18 - The second quarter (July-September) of 2024-25 has begun with signs of quickening momentum in the Indian economy as an improvement in the outlook for agriculture and the revival of rural spending have turned out to be the bright spots

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Vehicles with non-affixed FASTag have to pay double fee at toll plazas: NHAI

Vehicles with non-affixed FASTag have to pay double fee at toll plazas: NHAI

New Delhi, July 18 - The Centre said on Thursday that owners of vehicles with non-affixed FASTag on the front windshield will have to shell out double fee at the toll plazas on national highways.

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Two coal mines in India now ranked among world’s 5 largest mines

Two coal mines in India now ranked among world’s 5 largest mines

New Delhi, July 18 - Chhattisgarh-based Coal India subsidiary South Eastern Coalfields Limited’s Gevra and Kusmunda coal mines have secured the second and fourth spots, respectively, in the list of the world’s 10 largest coal mines released by WorldAtlas.com.

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IT firm Persistent Systems clocks Rs 2,737 cr revenue in Q1 FY25, PAT down QoQ

IT firm Persistent Systems clocks Rs 2,737 cr revenue in Q1 FY25, PAT down QoQ

Pune, July 18 - Digital engineering and enterprise modernisation company Persistent Systems on Friday reported 16 per cent growth in revenue at about Rs 2,737 crore ($328.2 million) for the first quarter of FY25.

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Union Budget: Lower Customs duty on import of medical devices, say experts

Union Budget: Lower Customs duty on import of medical devices, say experts

New Delhi, July 18 - Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering Customs duty on import of global medical devices.

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Union Budget: Indian startups seek more emphasis on AI, advanced tech

Union Budget: Indian startups seek more emphasis on AI, advanced tech

New Delhi, July 18 - As India AI Mission takes concrete steps towards making the country a global artificial intelligence hub, startups founders on Thursday said increased investment in policies that simplify doing business and empower startups and emerging technologies, such as responsible

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L&T Technology Services reports net profit growth, revenue up 7 pc

L&T Technology Services reports net profit growth, revenue up 7 pc

Mumbai, July 18 - L&T Technology Services Ltd (LTTS) on Thursday reported a net profit of Rs 314 crore for the first quarter of the current fiscal (FY25) ended June 30, marking a nearly 1 per cent year-on-year growth.

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Infosys posts 7 per cent increase in q1 net profit at Rs 6,386 crore

Infosys posts 7 per cent increase in q1 net profit at Rs 6,386 crore

New Delhi, July 18 - Infosys on Thursday reported 7.1 per cent increase in net profit at Rs 6,368 crore for the April-June quarter of the current financial year compared to the same period of 2023-24.

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Major players see India becoming superpower soon as nation on way to be 3rd largest economy: PM Modi

Major players see India becoming superpower soon as nation on way to be 3rd largest economy: PM Modi

New Delhi, July 18 - Prime Minister Narendra Modi on Wednesday said India's job market is on the rise and major global players are predicting that India will soon be a superpower.

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Indian smartphone market grows modest 1 pc in April-June: Report

Indian smartphone market grows modest 1 pc in April-June: Report

New Delhi, July 18 - The Indian smartphone market grew just 1 per cent in the April-June quarter (Q2), totalling 36.4 million units shipped, a report showed on Thursday.

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Sensex, Nifty touch all-time record highs amid renewed IT stock buying

Sensex, Nifty touch all-time record highs amid renewed IT stock buying

Mumbai, July 18 - The Indian benchmark indices on Thursday saw a sharp rally over renewed buying in IT stocks, ending up for the fourth straight session while touching a new all-time high.

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Musk again denies donating $45 mn to Trump per month

Musk again denies donating $45 mn to Trump per month

San Francisco, July 19 - Tesla and SpaceX CEO Elon Musk, on Friday, again denied donating $45 million per month to former US president Donald Trump.

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N. Korean leader discusses military ties with visiting Russian minister

N. Korean leader discusses military ties with visiting Russian minister

Seoul, July 19 - North Korean leader Kim Jong-un has discussed the "importance and necessity" of military cooperation with Russia's Vice Defence Minister, state media reported Friday, amid Pyongyang's deepening military alignment with Moscow.

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Challenges for aid deliveries in northern Gaza increase: UN

Challenges for aid deliveries in northern Gaza increase: UN

United Nations, July 19 - Workers delivering relief to northern Gaza, in addition to everyday Gaza challenges, must now coordinate with Israeli authorities before passing through a military checkpoint, UN humanitarians have said.

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Netanyahu vows to maintain Israel’s control of Rafah crossing

Netanyahu vows to maintain Israel’s control of Rafah crossing

Jerusalem, July 19 - Israeli Prime Minister Benjamin Netanyahu has made a surprise visit to Gaza's Rafah, pledging to uphold Israeli control over the Rafah crossing and the entire Gaza-Egypt border, even if a ceasefire-hostage agreement is reached.

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Jordan condemns Israeli parliament’s proposal opposing establishment of Palestinian state

Jordan condemns Israeli parliament’s proposal opposing establishment of Palestinian state

Amman, July 19 - Jordan's Ministry of Foreign Affairs has condemned the Israeli Knesset's approval of a proposal that opposes the establishment of a Palestinian state.

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S. Korea, Canada agree to enhance regional security, economic cooperation

S. Korea, Canada agree to enhance regional security, economic cooperation

Seoul, July 19 - Top diplomats of South Korea and Canada have held talks to discuss ways to expand cooperation in regional security, the economy, technology and other areas, Seoul's Foreign Ministry said.

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Former Malaysian PM Mahathir hospitalised

Former Malaysian PM Mahathir hospitalised

Kuala Lumpur, July 18 - Former Malaysian Prime Minister Mahathir Mohamad has been hospitalised, according to his office on Thursday.

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Red Sea crisis: Suez Canal reports 23.4 per cent drop in annual revenue

Red Sea crisis: Suez Canal reports 23.4 per cent drop in annual revenue

Cairo, July 18 - The Egyptian Suez Canal's annual revenue dropped by about 23.4 per cent in the fiscal year 2023/2024 due to the Red Sea crisis, Osama Rabie, chairman of the Suez Canal Authority (SCA), said in a statement on Thursday.

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Vietnam’s gold prices surge by 118 USD

Vietnam’s gold prices surge by 118 USD

Hanoi, July 18 - Vietnam's Saigon Jewelry Company (SJC) gold bar price increased by over 3 million Vietnamese dong (118 US dollars) to 80 million dong (3,160 dollars) per tael on Thursday morning after staying flat for more than one month, local media

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