Hindustan Copper, NALCO shares up after lithium mining pact with Argentina
New Delhi, Jan 16 - Shares of Hindustan Copper and NALCO were up on Tuesday after India’s KABIL and Argentina’s CAMYEN SE signed a landmark agreement for first-ever exploration and mining of Lithium.
For 3rd consecutive year, India’s nominal GDP growth will be strongest in Asia
New Delhi, Jan 16 - India’s nominal GDP growth will accelerate to 11.6 per cent this year versus 9.2 per cent in 2023, making it the third consecutive year that the country’s nominal GDP growth will be the strongest in Asia, according to
Invest in Telangana campaign launched at WEF meet
Hyderabad, Jan 16 - The Telangana government has launched the 'Invest in Telangana' campaign at the World Economic Forum (WEF) meeting at Davos, Switzerland.
India’s merchandise exports rose 1% in Dec 2023 amid global slowdown
New Delhi, Jan 15 - India's merchandise exports registered a 0.96 per cent growth in December 2023 at $38.45 billion compared to $38.08 billion in the same month of the preceding year 2022 while imports fell during the month, according to official figures
DGCA allows airlines to cancel flights delayed over 3 hrs; issues new SOPs
New Delhi, Jan 15 - Amid chaos over flight delays and cancellations due to adverse weather conditions, the Directorate General of Civil Aviation (DGCA) on Monday allowed airlines to cancel flights that are likely to be delayed beyond three hours, an official said,
24.82cr people lifted out of poverty in India in last 9 years: NITI Aayog
New Delhi, Jan 15 - As many as 24.82 crore people in India have come out of multidimensional poverty in the last nine years, according to a study released by NITI Aayog on Monday.
Global economic prospects remain subdued, says Chief Economists Outlook
Davos Klosters, Jan 15 - Global economic prospects remain subdued and fraught with uncertainty, the latest Chief Economists Outlook released on Monday said.
Govt scraps licence requirement for big electricity consumers to set up power lines
New Delhi, Jan 15 - The Power Ministry on Monday issued new rules to allow bulk consumers of electricity who have Energy Storage Systems (ESS) to establish, operate and maintain dedicated transmission lines themselves without the requirement of a licence.
Sensex, Nifty reach new highs
New Delhi, Jan 15 - Founder and CEO SAS Online Shrey Jain on Monday said that the week has begun on a positive note as Sensex achieved a historic milestone -- surpassing 73,000 for the first time -- while Nifty has crossed 22,000
Motilal Oswal recommends buy for HCL Tech, neutral stance on Wipro
Chennai, Jan 15 - Broking company Motilal Oswal Financial Services Ltd has recommended that investors buy shares of HCL Technologies Ltd (HCLT) while remaining neutral on Wipro Ltd’s shares.
Wholesale price inflation rises to 9-month high in Dec
New Delhi, Jan 15 - India’s inflation rate based on the Wholesale Price Index (WPI) rose to a nine-month high of 0.73 per cent for December 2023 up from 0.26 in November, official data released on Monday showed.
Govts owe $88 trillion in debt, equivalent almost to the world’s annual economic output
London, Jan 14 - World leaders are flocking to Davos this week to pontificate on the planet’s most pressing problems, CNN reported.
In the coming week market will take cues from Q3 results
New Delhi, Jan 14 - In the near term, investors' trade positions will be more inclined towards the upcoming result season; the overall forecast for earnings growth remains optimistic, projecting double-digit figures, says Vinod Nair, Head of Research, Geojit Financial Services.
D-Mart clocks 17% rise in net profit at Rs 690cr for Oct-Dec quarter
Mumbai, Jan 13 - Avenue Supermarts, which operates the D-Mart retail chain, on Saturday reported a 17.09 per cent increase in consolidated net profit at Rs 690.41 crore for the October-December quarter of the current financial year. The company had made a net
Xiaomi crosses Rs 1,000-cr sales for Redmi Note 13 5G series in India
New Delhi, Jan 13 - Global technology brand Xiaomi India has said that its latest Redmi Note 13 series clocked a revenue of Rs 1,000 crore since going on sale on January 10.
India urges US to restore GSP status for duty-free exports
New Delhi, Jan 13 - India has requested the US to restore its status under the Generalized System of Preferences (GSP) program which was scrapped by the former Donald Trump administration in 2019.
BHEL bags Rs 15,000 cr EPC contract from NLC India for Odisha project
Chennai, Jan 13 - Integrated lignite and coal mining and power generation company NLC India Ltd has awarded over Rs 15,000 crore engineering, procurement and construction (EPC) contract to Bharat Heavy Electricals Ltd (BHEL) for 2,400 MW pit head green field thermal power
Most CEOs waiting for GenAI to move past the hype or experimenting in small ways: Report
New Delhi, Jan 12 - Generative AI (GenAI) exploded into the public consciousness in 2023, promising to transform the way business functions. Despite the potential, however, leaders are struggling to convert hype into reality.
Crude oil prices rise after US, UK attack Houthis
London, Jan 12 - Crude oil prices were up more than 2.5 per cent on Friday after the US and the UK launched joint strikes on Houthi targets in Yemen, media reports said.
India’s forex kitty dips by $5.9 billion
Mumbai, Jan 12 - India's foreign exchange reserves fell by $5.9 billion to $617.30 billion during the week ended January 5, according to the RBI data released on Friday.