CG Power and Industrial Solutions receives I-T demand of Rs 188 cr
New Delhi, Feb 29 - CG Power and Industrial Solutions has received a demand for Rs 188.78 crore from the Income Tax Department in respect of the assessment year 2022-23.
India received Rs 2.5 lakh crore worth investment proposals in chip sector: Centre
New Delhi, Feb 29 - India has received over Rs 2.5 lakh crore worth investment proposals in the semiconductor sector, ranging from packaging, design and research and development, the Centre said on Thursday.
Ad spending in India to reach $17 bn in FY24, consumption to rebound: Report
New Delhi, Feb 29 - Overall ad spending in India is estimated to reach $16-17 billion in FY24, growing at 6 per cent in the fiscal year, a report showed on Thursday.
Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets
New Delhi, Feb 29 - The Centre has fixed the estimates for wheat procurement during the ensuing rabi marketing season 2024-25 in the range of 300-320 lakh metric tonnes after carrying out consultations with the states, the Food Ministry said on Thursday.
Central govt subsidy on loans to farmers jumps over 5-fold to Rs 1.3 lakh crore in 2014-2023
New Delhi, Feb 29 - There has been a more than 5-fold jump in the amount spent by the Prime Minister Narendra Modi-led government on extending loans at subsidised rates of interest to benefit farmers during the last 9 years compared to the
Dabolim airport will survive due to its potential: Director Rao
Panaji, Feb 28 - After the opposition parties in Goa alleged that the BJP government in the state is hatching a conspiracy to close down the Dabolim airport in South Goa, its director S.V.T. Dhanamjaya Rao clarified on Wednesday that the airport will
Tata Group will soon announce mega investment in semiconductor sector: Chandrasekaran
Chennai, Feb 28 - Multi-product conglomerate Tata Group will soon announce its next big investment in the semiconductor and mobile battery manufacturing businesses, a top official of Tata Sons said on Wednesday.
India wants WTO to prioritize development of Global South
Abu Dhabi, Feb 28 - India on Wednesday put forward a strong case for keeping development and the interests of the Global South at the core of the World Trade Organization (WTO) agenda.
Nifty logs its biggest point and per cent loss in 25 sessions
Mumbai, Feb 28 - Nifty logged its biggest point and per cent loss in 25 sessions on Wednesday, said Deepak Jasani, Head of Retail Research at HDFC Securities.
Hyundai Motor India commits to reach RE100 benchmark by 2025, targeting 100 pc use of renewable energy
Gurugram, Feb 28 - Hyundai Motor India Limited (HMIL) has reaffirmed its commitment towards sustainability by aiming to achieve the RE100 benchmark by 2025.
RBI beefs up Enabling Framework for Regulatory Sandbox
Mumbai, Feb 28 - The Reserve Bank of India (RBI) has beefed up the 'Enabling Framework for Regulatory Sandbox' with more stringent timelines and compliance provisions.
Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology
New Delhi, Feb 28 - Public sector giants Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) on Wednesday signed a joint venture (JV) agreement for setting up an ammonium nitrate plant based on surface coal gasification technology, the Coal Ministry announced
Embattled Chinese developer Country Garden faces winding-up petition
Hong Kong, Feb 28 - Embattled Chinese developer Country Garden is facing a winding-up petition in Hong Kong, months after the company started what is expected to be the second-largest restructuring effort among its peers, following that of China Evergrande Group, a media
FM Sitharaman to launch Electronic Data Interchange facility for Customs stations in NE states
New Delhi, Feb 29 - Finance Minister Nirmala Sitharaman on Thursday will inaugurate the Electronic Data Interchange (EDI) facility at the land Customs stations of the northeastern states through the virtual mode for enhancing ease of doing business and facilitating regional trade, an
Govt to launch 2nd auction of critical mineral blocks on Feb 29
New Delhi, Feb 28 - Union Minister of Coal and Mines Pralhad Joshi will be launching the second tranche of Auction of Critical and Strategic Mineral Blocks on Thursday (February 29), an official said on Wednesday.
India makes strong pitch for restoration of Appellate Body at WTO
Abu Dhabi, Feb 28 - India emphatically called for the restoration of the Appellate Body at the World Trade Organisation as the top-most priority of the reform process that was discussed in the working session of the 13th ministerial conference on Wednesday.
SpiceJet settles Rs 250 crore dispute with lessor Celestial Aviation
New Delhi, Feb 28 - Budget airline SpiceJet and Celestial Aviation, a subsidiary of AerCap, one of the largest aircraft lessor groups have mutually settled their Rs 250 crore dispute through amicable negotiations, the company said on Wednesday.
Fall in share of food in rural consumption basket indirectly indicates uptick in rural income
New Delhi, Feb 28 - The fall in share of food below 50 per cent mark at 46.3 per cent in rural consumption basket would have far reaching implications for the upcoming decade, as this would open up scope for a pick-up in
PM Modi to inaugurate Rs 1,393 cr coalfield projects in Madhya Pradesh tomorrow
New Delhi, Feb 28 - Prime Minister Narendra Modi will inaugurate two first mile connectivity projects of Northern Coalfields Limited (NCL) in Madhya Pradesh worth Rs 1,393.69 crore on Thursday, for the faster evacuation of coal in an environment-friendly way, the Coal Ministry
PayU appoints 5 new members to its Board of Directors
New Delhi, Feb 28 - Leading online payment solutions provider, PayU, on Wednesday announced the appointment of five new members to its Board of Directors.