Yogi launches Indigo’s air service between Ayodhya and Ahmedabad

Yogi launches Indigo’s air service between Ayodhya and Ahmedabad

Lucknow, Jan 11 - Uttar Pradesh Chief Minister Yogi Adityanath on Thursday virtually launched Indigo Airlines' direct air service between Ayodhya and Ahmedabad at an event held at his official residence.

Read More
German train services hit by 3-day strike

German train services hit by 3-day strike

Berlin, Jan 11 - Train drivers in Germany have commenced a three-day strike until Friday, severely restricting passenger transport across the country.

Read More
EET Hydrogen’s plans for UK’s largest hydrogen production hub given green light

EET Hydrogen’s plans for UK’s largest hydrogen production hub given green light

New Delhi, Jan 11 - Cheshire West & Chester Council has approved groundbreaking plans by EET Hydrogen for the first large-scale, low carbon hydrogen production plant (HPP1) in the UK located at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire.

Read More
PM Modi attends Global FinTech meeting in GIFT city

PM Modi attends Global FinTech meeting in GIFT city

Gandhinagar, Jan 10 - Prime Minister Narendra Modi on Wednesday attended the Global FinTech Forum at the GIFT city here.

Read More
India, UAE aim to take bilateral trade to $100 billion: Piyush Goyal

India, UAE aim to take bilateral trade to $100 billion: Piyush Goyal

Gandhinagar, Jan 10 - Commerce and Industry Minister Piyush Goyal on Wednesday said that India and UAE aspire to expand their bilateral trade to $100 billion.

Read More
DGCA approves VFR operations to & from Gondia airport

DGCA approves VFR operations to & from Gondia airport

New Delhi, Jan 10 - As a step forward towards addressing the issue of flight delays, diversions and cancellations due to low visibility at small airports, the Directorate General of Civil Aviation (DGCA) has approved the commencement of special VFR (visual flight rules)

Read More
Rupee rises for 6th day in a row

Rupee rises for 6th day in a row

Mumbai, Jan 10 - The Indian rupee recovered early losses to end higher for a sixth straight day on Wednesday as expectations rose about more foreign funds flowing in.

Read More
S.Korea’s air traffic at over 80% of pre-Covid levels in 2023

S.Korea’s air traffic at over 80% of pre-Covid levels in 2023

Seoul, Jan 11 - South Korea's air traffic recovered to over 80 per cent of pre- pandemic levels last year on unleashed pent-up demand for travel following years of Covid-19 virus curbs, the Transport Ministry said on Thursday.

Read More
World Bank forecasts Sri Lankan economy to grow 1.7% in 2024

World Bank forecasts Sri Lankan economy to grow 1.7% in 2024

Colombo, Jan 10 -The World Bank forecasts the Sri Lankan economy to grow by 1.7 per cent in 2024 and by 2.4 per cent in 2025, according to its report on global economic prospects issued on Wednesday.

Read More
Malaysia’s Nov 2023 unemployment rate returns to pre-Covid level

Malaysia’s Nov 2023 unemployment rate returns to pre-Covid level

Kuala Lumpur, Jan 10 - Malaysia's unemployment rate in November 2023 fell to 3.3 per cent and returned to the pre-Covid pandemic level, registering 569,200 unemployed people, official data showed on Wednesday.

Read More
Australian inflation falls to near 2-year low

Australian inflation falls to near 2-year low

Canberra, Jan 10 - Australia's rate of inflation has fallen to its lowest level in almost two years, official data revealed on Wednesday.

Read More
India needs to lower tariffs on smartphone components to pip China, Vietnam: ICEA

India needs to lower tariffs on smartphone components to pip China, Vietnam: ICEA

New Delhi, Jan 10 - High tariffs on smartphone components can make India a less competitive destination, making it difficult for companies to join global value chains (GVCs) and simultaneously discourage GVCs from shifting large-scale production to the country, a report showed on

Read More
Domestic air passengers stood at 138 lakh in Dec, 2023: ICRA

Domestic air passengers stood at 138 lakh in Dec, 2023: ICRA

Chennai, Jan 10 - Credit rating agency ICRA on Wednesday said its outlook on the Indian aviation industry is stable on the back of the fast-paced recovery in domestic passenger traffic in FY2023 and nine month FY2024, and expectations of the trend continuing

Read More
Over the next 5 yrs, Adani Group will invest over Rs 2 lakh cr in Gujarat: Gautam Adani

Over the next 5 yrs, Adani Group will invest over Rs 2 lakh cr in Gujarat: Gautam Adani

New Delhi, Jan 10 - Gautam Adani, Chairman, Adani Group said on Wednesday that over the next five years, the Adani Group will invest over Rs 2 lakh crore in Gujarat -- that is USD 25 billion -- thereby creating over 1,00,000 direct

Read More
Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat

Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat

Gandhinagar, Jan 10 - Japanese carmaker Suzuki Motor will invest Rs 35,000 crore to build a second car plant in Gujarat, company president Toshihiro Suzuki said at an investment summit in the state on Wednesday.

Read More
Defence, Railways stocks have run up too much too fast, say analysts

Defence, Railways stocks have run up too much too fast, say analysts

New Delhi, Jan 10 - The market is moving up and down without a directional trend. Up moves are countered with selling and down moves are responding by buying. A trend might emerge in the coming days in response to Q3 results, says

Read More
CapitaLand to expand data centres, logistics & enter residential realty project financial

CapitaLand to expand data centres, logistics & enter residential realty project financial

Chennai, Jan 9 - Building two more data centres, developing logistics and warehouse facilities, expanding renewable energy generation and getting into lending business for residential property developers are the major plans for the Singapore-headquartered real estate group CapitaLand, said senior officials.

Read More
Paytm to invest Rs 100 cr in GIFT City, to offer AI-driven cross border remittance

Paytm to invest Rs 100 cr in GIFT City, to offer AI-driven cross border remittance

New Delhi, Jan 10 - One97 Communications Limited (OCL) that owns India's leading payments and financial services company Paytm, on Wednesday announced an investment of Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem, ahead of

Read More
AI has potential to create $6 to $8 tn in global economic value: Report

AI has potential to create $6 to $8 tn in global economic value: Report

New Delhi, Jan 9 - Generative artificial intelligence (AI) has the potential to impact 44 per cent of all working hours across industries, enable productivity enhancements across 900 different types of jobs and create $6 to $8 trillion in global economic value, a

Read More
Nifty faces profit booking at higher levels

Nifty faces profit booking at higher levels

New Delhi, Jan 9 - The benchmark indices witnessed volatile trading session, after a roller coaster activity the Nifty ends 32 points higher while the Sensex was up by 31 points, says Shrikant Chouhan, Head-Equity Research, Kotak Securities.

Read More