Govt hikes MSP for copra
New Delhi, Dec 27 - The government has hiked the minimum support price (MSP) of milling copra by Rs 300 per quintal and ball copra by Rs 250 per quintal for the 2024 season, according to an official statement on Wednesday.
CCEA okays Rs 2,487cr highway project for Tripura
New Delhi, Dec 27 - The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to Harina
Indians travel 64 mn kms in Uber EVs in 2023, Saturdays most popular
New Delhi, Dec 27 - Indians travelled 64 million kms in Uber EVs through the year, spending a total of 3.9 million hours and helping build a greener future, the ride-hailing platform said on Wednesday.
Nifty, Sensex soar to record highs as global markets rally
Mumbai, Dec 27 - The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per cent, or 701 points, at 72,038.43, and Nifty hitting a new high of 21,654.75, registering an increase of 1 per sent or 213
Bulls back with a bang, Sensex tops 72K-mark for first time
Mumbai, Dec 27 - With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the first time on Wednesday.
Four directors of Dish TV vacate as appointment not approved by shareholders
New Delhi, Dec 27 (IANS) Dish TV announced last week that on the basis of the votes cast by the shareholders of the company at their Extra Ordinary General Meeting held on December 22, four directors of the company have vacated their offices.
Reschedule or cancel tickets at no extra cost, says Air India amid dense fog & poor visibility
New Delhi, Dec 27 - Tata owned Air India on Wednesday announced that passengers flying to and from Delhi airport during the winter season will be allowed to reschedule or cancel their bookings at no extra cost if their flight is likely to
IPO-bound FirstCry’s losses surge to Rs 486 cr in FY23, revenue at Rs 5,632 cr
New Delhi, Dec 27 - Mother and child care e-commerce platform FirstCry, likely to file a draft paper for its IPO soon, reported Rs 5,632 crore revenue from operations in FY23, while its losses surged over six times to Rs 486 crore from
SBI hikes interest rates on FDs
New Delhi, Dec 27 - The State Bank of India (SBI) has raised interest rates on certain fixed deposits (FDs) by up to 0.5 per cent with immediate effect.
Hiring in Indian IT sector likely to see turnaround with 8-10% growth in 2024
New Delhi, Dec 27 - The Indian IT sector, which has seen contraction in hiring amid global economic slowdown and funding winter, is likely to witness a positive turnaround with 8-10 per cent increase in hiring in 2024, a new report showed on
Hindalco leads rally in metal stocks
New Delhi, Dec 27 - Metal stocks are up in trade on Wednesday led by Hindalco which gained more than 3 per cent.
RBI comes out with draft to simplify licensing norms for money changers
Mumbai, Dec 27 - The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and rationalise the authorisation of money changers for facilitating foreign exchange-related services.
Adani Green completes JV with TotalEnergies, raises USD 300 mn
New Delhi, Dec 27 - Adani Green Energy Limited (AGEL) on Wednesday announced the completion of the 1,050 MW joint venture (JV) with TotalEnergies.
Tesla now a key player in S Korea amid strong demand for German cars
Seoul, Dec 27 - Elon Musk-run electric carmaker Tesla has emerged as a major player in South Korea's imported passenger vehicle market this year, with BMW, Mercedes-Benz and Audi set to close the year as the three best-selling brands, industry data showed on
Ex-Japan PM Yukio Hatoyama commends global efforts for world peace at historic Hyderabad assembly
New Delhi, Dec 27 - In a historic and visionary message addressed to Dr Tony Nader, esteemed Chairman of the Global Union of Scientists for Peace, Dr Yukio Hatoyama, former Prime Minister of Japan (2009-2010), enthusiastically commended the upcoming 10,000 for World Peace
Correction in broader markets inevitable, say analysts
New Delhi, Dec 27 - The resilience of the market even in the holiday season, which is normally devoid of much action, is an indication of its underlying bullishness, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
IndiGo to start Mumbai-Ayodhya flight from Jan 15
New Delhi, Dec 26 - IndiGo on Tuesday announced direct connectivity between Mumbai and Ayodhya, effective January 15.
Mini Ratna TCIL pays dividend to Centre
New Delhi, Dec 26 - Mini Ratna public sector company Telecommunications Consultants India Ltd (TCIL) has paid a dividend of Rs 14.20 crore to the central government for the financial year 2022-23, the ministry of communications said on Tuesday.
PLI schemes have brought in Rs 95,000 cr investments: Centre
New Delhi, Dec 26 - The central government’s production linked incentive (PLI) schemes has led to investments of over Rs 95,000 crore till September, resulting in the production of goods worth Rs 7.80 lakh crore, according to a Commerce Industry statement released on
From mirrorless lens to AI video analytics: Decoding the growth of India’s imaging industry
New Delhi, Dec 26 - The imaging industry has revolutionized the way the world around us is captured and documented. Visual storytelling has never been more convenient owing to developments in technology such as mirrorless lenses, high-resolution sensors, and advanced image processors that