Nvidia market capitalisation surpasses Alphabet
New York, Feb 15 - Chip-maker Nvidia's market capitalization rose to $1.83 trillion on Wednesday, nudging past Alphabet's $1.82 trillion market cap, a media report said.
Japan loses its position as the world’s third-largest economy to Germany
New Delhi, Feb 15 - Japan has slipped to the world's fourth-largest economy as it fell behind the size of Germany's in 2023, says Deepak Jasani, Head of Retail Research, HDFC Securities.
Govt issues guidelines for using Green Hydrogen as fuel in trucks, buses
New Delhi, Feb 14 - The government on Wednesday issued guidelines for undertaking pilot projects for using Green Hydrogen as fuel in buses, trucks and 4-wheelers.
RBI Governor Das tells CEOs of banks to put customers’ interest first
Mumbai, Feb 14 - RBI Governor Shaktikanta Das on Wednesday told the managing directors and CEOs of public and private sector banks that the customer grievance redress mechanism and protection of customers’ interests are of paramount importance for the safety and stability of
India’s 16th Finance Commission holds first meeting
New Delhi, Feb 14 - Finance Ministry on Wednesday said that the 16th Finance Commission held its first meeting on Wednesday to discuss its terms of reference and other matters that it has to take up.
Markets recover from day’s low led by buying in bank stocks
Mumbai, Feb 14 - The domestic market staged a recovery from day’s low, buoyed by renewed buying interest in banking stocks on Wednesday, said Vinod Nair, Head of Research at Geojit Financial Services.
PSU shares shine as benchmark indices erase losses
New Delhi, Feb 14 - PSU stocks posted strong gains on Wednesday as the benchmark indices erased morning losses.
Bullet train to cut 508 km Mumbai-Ahmedabad travel to 2 hours: Minister shares video
New Delhi, Feb 13 - Railway Minister Ashwini Vaishnaw on Tuesday shared a video of the Mumbai-Ahmedabad 'Bullet train' corridor which will cut the travel time on the 508 km route between the two cities to a mere 2 hours.
Merchants with Paytm QR don’t need to look for alternatives: Here are the facts
New Delhi, Feb 13 - Paytm, the pioneer of QR and mobile payments, on Tuesday announced that its QR codes will continue to function as usual, allowing merchants to accept payments beyond February 29, 2024.
Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share
New Delhi, Feb 13 - Auto components major Bosch Ltd on Tuesday reported a 62 per cent jump in net profit at Rs 518 crore for the October-November quarter of the current financial year compared to the corresponding figure of Rs 318.9 crore
Nifty bounces back on benign inflation numbers
Mumbai, Feb 13 - Nifty bounced back from Monday's losses after India’s CPI inflation came in at a three-month low of 5.10 per cent, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Low single-digit growth likely for India’s smartphone market in 2024: IDC
New Delhi, Feb 13 - India's smartphone market shipped 146 million smartphones in 2023, with a nominal 1 per cent growth (year-over-year), a new report said on Tuesday, indicating a flat to low single-digit annual growth for the smartphone market this year.
Centre sanctions Rs 1,742 crore for 4-lane highway in Mizoram
New Delhi, Feb 13 - Minister of Road Transport & Highways Nitin Gadkari has approved an outlay of Rs. 1742.11 crore for the construction of the 4-lane N. Kawnpui (N.Mualvum) – Sairang section on NH-6, situated along the Silchar –Valrengte – Sairang road
Gadkari approves Rs 382 crore highway project for Assam
New Delhi, Feb 13 - Minister of Road Transport & Highways Nitin Gadkari on Tuesday sanctioned Rs 382.10 crore for the construction of a new 2-lane highway with paved shoulders connecting Majuli and Jorhat on the recently designated NH 715K in Assam.
BHEL reports net loss of Rs 163 crore for Oct-Dec quarter
New Delhi, Feb 13 - Bharat Heavy Electricals Ltd on Tuesday reported a standalone net loss of Rs 163 crore for the October-December quarter of the current financial year.
Sensex gains 500 points led by private sector banks
New Delhi, Feb 13 - BSE Sensex is up more than 500 points in afternoon trade on Tuesday led by private sector banks.
EaseMyTrip plans to build 5-star hotel in Ayodhya, triggers surge in share price
New Delhi, Feb 12 - Travel agency EaseMyTrip has announced plans of building a luxury five-star hotel in Ayodhya near the Sri Ram Mandir which led to a surge in the company’s share price on Monday.
FICCI Cascade puts thrust on int’l co-operation; launches new campaign to fight smuggling
New Delhi, Feb 12 - FICCI Cascade has been at the forefront when it comes to raising awareness about smuggling activities and initiating pro-active dialogues on how it can be tackled.
India Inc expects higher manufacturing sector growth in Jan-March quarter
New Delhi, Feb 12 - Apex business chamber FICCI’s quarterly survey on manufacturing released on Monday reveals a sustained and continued period of growth for India’s manufacturing sector in the last quarter of financial year 2023-2024.
Centre tells states to meet guidelines for ensuring adequate power to consumers
New Delhi, Feb 12 - Union Ministry of Power has sent a detailed letter to all states and union territories for adherence to “Resource Adequacy Guidelines” in order to ensure adequate growth in the nation’s power capacity in line with the rapidly growing