India’s goods exports post 1.07 pc growth in April despite global uncertainties
New Delhi May 15 - India’s goods exports rose 1.07 per cent to hit almost $35 billion in April despite the uncertainties in the global market due to the economic slowdown and geopolitical tensions, according to figures released by the Union Commerce Ministry
Over 300 pc hike in India’s budget outlay for agriculture in last 9 years: FAIFA report
New Delhi, May 15 - There has been an over 300 per cent increase in budget allocation for agriculture over the last 9 years and more than 11 crore farmers benefited from the PM Kisan scheme, according to a report released by the
IEA scales down growth forecast for global oil demand in 2024
New Delhi, May 15 - The International Energy Agency (IEA) has scaled down its forecast for the growth in oil demand during 2024 as it expects the consumption of fuels to come down amid the economic slowdown in the advanced OECD countries.
AWS plans to invest $8.4 bn into its European Sovereign Cloud in Germany
New Delhi, May 15 - Amazon Web Services (AWS) on Wednesday announced its plans to invest 7.8 billion euros ($8.4 billion ) in its European Sovereign Cloud in Germany through 2040, which reflects the company’s long-term commitment to meeting Europe’s digital sovereignty needs.
realme GT 6T introduces its top-performing trio
New Delhi, May 15 - After much anticipation by realme’s loyal fans, the brand has finally announced the launch of the latest device in the GT series, the realme GT 6T. realme’s GT series has, since its inception, been the brand’s most coveted
TBO Tek makes stellar debut on D-Street, slips after early trade
Mumbai, May 15 - Travel company TBO Tek made a stellar debut on D-Street on Wednesday. The stock was listed with a 55 per cent premium at Rs 1,426 per share on NSE against the issue price of Rs 920 per share.
India surpasses Australia, Japan, Hong Kong in data centre capacity
New Delhi, May 15 - India has surpassed major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea becoming the country with the highest data centre capacity of 950 MW in the Asia-Pacific region (excluding China), according to a private report released
SEBI grants LIC 3 more years to achieve 10 pc public shareholding norm
Mumbai, May 15 - Life Insurance Corporation of India (LIC) on Wednesday announced that markets regulator Securities and Exchange Board of India (SEBI) has granted it a three-year extension to comply with minimum 10 per cent public shareholding norms.
Govt showcases India as a 365-day tourist destination at IMEX Frankfurt
New Delhi, May 14 - The Union Ministry of Tourism is participating in IMEX, Frankfurt from 14th-16th May 2024 to showcase India as a leading MICE (meetings, incentives, conferences and exhibitions tourism) destination to the global market.
Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore
Mumbai May 14 - Colgate-Palmolive reported a 20 per cent jump in consolidated net profit at Rs 379.82 crore for the Jan-March quarter of 2023-24 compared to the same period last year.
More Indians investing in stocks, household savings need to be protected: FM Sitharaman
Mumbai, May 14 - Union Finance Minister Nirmala Sitharaman said on Tuesday that more and more Indians are now investing in stock markets and their household savings must be protected with robust guardrails.
Apollo Tyres Q4 net profit dips 14 pc
New Delhi, May 14 - Apollo Tyres on Tuesday reported a 13.7 per cent decline in net profit at Rs 354 crore for the Jan-March quarter of 2023-24 compared with the corresponding figure of Rs 410.30 crore for the same period of the
Siemens board approves demerger of energy business into separate listed entity
Mumbai, May 14 - The Board of Directors of Siemens Limited, the Indian subsidiary of German technology giant Siemens AG, on Tuesday approved the proposal to demerge its energy business into a separate legal entity – Siemens Energy India Limited.
Airtel registers 31 pc decline in Q4 net profit
New Delhi, May 14 - Telecom major Bharti Airtel on Tuesday reported a 31 per cent decline in its consolidated net profit at Rs 2,072 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 3,006 crore in the
Sensex up 328 points, metal and energy stocks lead the rally
Mumbai, May 14 - Indian stock indices gained on Tuesday amid mixed global cues. This is the 3rd consecutive session marked closed in green.
Wholesale Price Index inflation remains benign: Industry
New Delhi, May 14 - The Wholesale Price Index (WPI), which edged up to 1.26 per cent in April, remains benign and inflation in the food articles is expected to rationalise by September-October, industry bodies said on Tuesday.
India showcases its progress in Green Hydrogen at World Summit in Netherlands
Rotterdam (Netherlands), May 14 - India has set up one of the largest pavilions at the World Hydrogen Summit 2024, being held here, to showcase the country's progress in the field of Green Hydrogen.
Income Tax Dept rolls out new functionality in AIS for taxpayers
New Delhi, May 13 - The Income Tax Department has now rolled out a new functionality in Annual Information Statement (AIS) to display the status of the information confirmation process to taxpayers, according to a statement issued by the Central Board of Direct
Malaysia’s natural rubber production falls 9.2 pct in March
Kaula Lumpur, May 13 - Malaysia's natural rubber production decreased by 9.2 per cent in March to 26,966 tons as compared to 29,691 tons in February, official data showed Monday.
India’s CPI inflation eases to 11-month low of 4.83 pc in April
New Delhi, May 13 - India’s consumer price inflation eased to an 11-month low of 4.83 per cent in April, bringing more relief to household budgets, figures released by the Ministry of Statistics showed on Monday.