JSW Energy to set up 1,500 MW Pumped Storage Project in Telangana
Hyderabad, Jan 17 - JSW Neo Energy, a subsidiary of JSW Energy, has announced setting up of a Pumped Storage Project in Telangana, with an investment of Rs 9,000 crore.
Domestic equities plunge 2 per cent
New Delhi, Jan 17 - Domestic equities plunged 2 per cent amid a weak environment globally and a selloff in HDFC Bank,Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said.
Google Pay India joins NPCI International to expand UPI payments globally
New Delhi, Jan 17 - Google India Digital Services Out Ltd on Wednesday signed a memorandum of understanding (MoU) with the NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), to expand the transformative impact of
Closing women’s health gap can boost global economy by $1 trn annually: WEF
Davos, Jan 17 - Closing women’s health gap can help more women to live healthier, higher-quality lives, and provide an unprecedented boost to the global economy by $1 trillion annually by 2024, according to a new World Economic Forum (WEF) report released on
Lufthansa launches direct flight from Hyderabad to Frankfurt
Hyderabad, Jan 17 - GMR Hyderabad International Airport Ltd, in partnership with Lufthansa Airlines on Wednesday announced the launch of direct flights to Frankfurt, Germany.
Sensex plunges more than 1,600 points led by HDFC Bank
New Delhi, Jan 17 - Markets have slumped further with the BSE Sensex now plunging more than 1,600 points in afternoon trade on Wednesday.
UP to host ‘Pharma Conclave’ in Hyderabad on Jan 18
Lucknow, Jan 17 - The Uttar Pradesh Government will be organising a ‘Pharma Conclave’ in Hyderabad on Thursday.
RBI not thinking of moving towards de-dollarization: Governor Das
Davos, Jan 17 - Reserve Bank of India (RBI) Governor Shaktikanta Das said that it is incorrect to say that there was a move towards de-dollarisation as the efforts of the central bank towards internationalisation of the rupee are not aimed at replacing
88% Indian professionals considering new jobs in 2024: Report
New Delhi, Jan 17 - Nearly nine in 10 (88 per cent) professionals in India are considering a new job in 2024 despite economic uncertainty, a new report revealed on Wednesday.
Adani Group to invest Rs 12,400 crore in Telangana
Hyderabad, Jan 17 - Adani Group has announced an investment worth Rs 12,400 crore in Telangana across multiple businesses, the Telangana government said on Wednesday.
Germany’s 2023 inflation rate drop a record high since 1990
berlin, Jan 17 - Germany's annual average inflation rate in 2023 decreased to 5.9 per cent from the previous year's 6.9 per cent, a record high since reunification in 1990, said the Federal Statistical Office (Destatis).
Indian markets snapped 5-day winning streak weighed down by realty, IT stocks
New Delhi, Jan 16 - Devarsh Vakil - Deputy Head Retail Research, HDFC Securities on Tuesday said that Nifty broke the 5 session’s winning streak by falling 65 points to close at 22032 weighed down mainly by realty and IT stocks.
Over 60 heads of state to attend WEF conference in Davos
New York, Jan 16 - Over 60 heads of state will attend the World Economic Forum (WEF) in Davos this year, media reports said.
RBI wants ceiling for state govts’ guarantees to be fixed at 5% of revenue
Mumbai, Jan 16 - The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent of Gross
World’s richest 5 would take 476 years to go broke if they spend $1 mn daily: Report
New Delhi, Jan 16 - It would take 476 years for the world's top five richest men to exhaust all their money if they decided to spend $1 million per day, a new report has said.
3.7 crore people came out of poverty in Bihar due to Nitish’s policies: Choudhary
Patna, Jan 16 - After a NITI Aayog report revealed on Monday that 3.70 crore people of Bihar had come out of poverty, the state’s Finance Minister, Vijay Kumar Choudhary, said on Tuesday that such an achievement was possible due to the leadership
India’s trade deficit may turn volatile due to Red Sea danger: Nomura
New Delhi, Jan 16 - India's trade deficit may turn volatile in the coming months given the supply-side disruptions in the Red Sea due to the attacks on commercial ships by Houthi rebels in retaliation to Israel’s action in Gaza, according to a
Investors wonder if market euphoria is overdone: Experts
New Delhi, Jan 16 - Head of Research, Geojit Financial Services, Vinod Nair on Tuesday said that the investors are contemplating whether the current euphoria in markets is far-fetched, especially with elevated domestic valuations in mid and small caps.
REC issues green bonds worth record 61 billion Japanese Yen in global market
New Delhi, Jan 16 - Maharatna public sector company REC Limited has successfully issued green bonds worth 61.1 billion Japanese Yen which is the largest ever Yen-denominated issue from India, according to an official statement released on Tuesday.
Govt aiming for 50% reduction in road accidents by 2030: Gadkari
New Delhi, Jan 16 - Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday said that road safety is the top-most priority of the Government with a target to reduce accident deaths by 50 per cent till 2030.