IMF raises India’s GDP growth forecast to 7 pc for 2024-25
New Delhi, July 16 - The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private consumption, particularly in rural India".
Russian Army marches on ‘Made in Bihar’ boots manufactured in Hajipur
Hajipur (Bihar), July 16 - In a commendable testament to global collaboration and local enterprise, the Russian Army is now marching on boots manufactured in the heart of Bihar.
Union Budget likely to focus on agriculture, welfare schemes & job creation: CareEdge
Mumbai, July 16 - The Union Budget will focus on supporting consumption via higher allocation for the rural economy, welfare schemes and agriculture with higher allocations for schemes like PMAY and MNREGA, according to a CareEdge Ratings report released on Tuesday.
Global PC market reach 62.5 million PC units ahead of upcoming AI boom
New Delhi, July 16 - Global PC shipments grew 3.1 per cent in the second quarter this year to reach 62.5 million PC device units, the second consecutive quarterly growth in shipments (year-on-year), a report said on Tuesday.
Quaker releases findings of ‘Bowl of Growth’ initiative in building a healthier India
New Delhi, July 16 - The PepsiCo Foundation, in collaboration with PepsiCo R&D and Quaker, on Tuesday released the ‘Building A Healthier Tomorrow’ report, highlighting the success of the Quaker ‘Bowl of Growth’ program.
Waaree renewable bags order for 30 MWp solar project in Maharashtra
Mumbai, July 16 - Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited on Tuesday announced its selection by ISMT Limited, a Kirloskar group company, for the turnkey Engineering, Procurement, and Construction (EPC) works for a 22 MW AC / 30
Former CS Manoj Saunik appointed MahaRERA Chairman
Mumbai, July 16 - The state Government has appointed former Chief Secretary Manoj Saunik as the Chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA).
Gautam Adani amazed at US envoy Eric Garcetti’s love for kadak chai, chole bhature
Ahmedabad, July 16 - Gautam Adani, Chairman of the Adani Group, on Tuesday said he is amazed to see the adoption of Indian culture by Eric Garcetti, the United States Ambassador to India -- from drinking kadak chai to savouring chole bhature.
Centre tells retailers to cut prices of pulses as wholesale rates have fallen
New Delhi, July 16 - Department of Consumer Affairs Secretary Nidhi Khare told the representatives of the Retailers Association of India on Tuesday that while the wholesale prices of Chana, Tur and Urad in major mandis had declined by up to 4 per
Adani Group-backed Sirius Digitech acquires Coredge.io to safeguard data sovereignty
Ahmedabad, July 16 - Amid the global call for safeguarding data sovereignty, Sirius Digitech Ltd, a joint venture between the Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC), on Tuesday announced the acquisition of Coredge.io, a sovereign AI
Current international poverty line misleading: Study
New Delhi, July 16 - The currently-used international poverty line is misleading, and billions of foreign aid dollars could be utilised more effectively if the line was more accurate statistically, a study revealed on Tuesday.
EV startup Statiq joins BPCL to accelerate sustainable mobility
New Delhi, July 16 - In a bid to foster sustainable mobility, EV charging network provider Statiq on Tuesday joined Bharat Petroleum Corporation Ltd (BPCL) to accelerate the adoption of electric vehicles in the country.
NCLT accepts BCCI insolvency plea against Byju’s, ed-tech firm to challenge decision
Bengaluru, July 16 - The National Company Law Tribunal (NCLT) on Tuesday accepted the plea filed by the Board of Control for Cricket in India (BCCI) against the embattled ed-tech firm Byju's by admitting its parent company, Think and Learn Pvt Ltd, into
India may increase FY25 capex by 8-10 pc from Rs 11.11 lakh crore: Report
Mumbai, July 16 - India may increase its FY25 capex by 8-10 per cent from the Rs 11.11 lakh crore allocated earlier, owing to higher-than-expected tax revenue and a record surplus transfer by the Reserve Bank of India (RBI), a report showed on
Indian pharma, healthcare sector saw 55 deals worth $4.1 billion in Q2 2024
New Delhi, July 16 - The Indian pharma and healthcare sector witnessed significant activity in the April-June quarter (Q2) this year with 55 deals totalling $4.1 billion, marking an 8 times increase in values and a 10 per cent rise in volumes over
NITI Aayog vice chairman expects boost for agriculture in India’s growth strategy
United Nations, July 17 - Agriculture is expected to get more importance in India's growth strategy, and this is likely to be reflected in the upcoming budget, according to Suman Beri, the vice chairman of India's NITI Aayog which crafts policies.
SS(UBT) to FM Sitharaman: Allocate Rs 1 lakh crore in Budget for Maha agrarian crises
Yavatmal (Maharashtra), July 17 - In view of the unending saga of farmer suicides in Maharashtra, the Shiv Sena (UBT) on Wednesday urged the Centre to provide Rs 1 lakh crore to tackle the agrarian crises in the state and rein in deaths
Australia’s New South Wales moves to cut ties with construction union
Sydney, July 17 - The Australian state government of New South Wales (NSW) said on Wednesday that actions have been taken to halt the affiliation of the Construction, Forestry and Maritime Employees Union (CFMEU) Construction and General Division with the NSW Labor Party
NASA scientists use AI to analyse rocks on Red Planet
New Delhi, July 17 - In a first, the Perseverance Mars Rover Mission used Artificial Intelligence (AI) on the Red Planet to make autonomous decisions based on real-time analysis of rock composition, said mission officials at NASA.
Heavy rain watch issued across South Korea’s metropolitan area
Seoul, July 17 - A heavy rain watch was issued across South Korea's metropolitan area, which was battered by downpours overnight, the interior ministry said Wednesday.