Seros Energy pioneers environmental responsibility and innovation in India’s CBM exploration

Seros Energy pioneers environmental responsibility and innovation in India’s CBM exploration

New Delhi, Feb 6 - Seros Energy Private Limited, an innovator in Coal Based Methane (CBM) exploration, participated in India Energy Week, presenting its cutting-edge initiatives and advancements in the field.

Read More
Chinese stocks stage their biggest rally in years

Chinese stocks stage their biggest rally in years

Hong Kong, Feb 6 - Chinese stocks staged their biggest rally in years on Tuesday, after the country’s sovereign wealth fund said it would step up buying shares as officials scramble to draw a line under a three-year market rout, a media report

Read More
RBI-MPC to continue with repo rate

RBI-MPC to continue with repo rate

Chennai, Feb 6 - Considering the elevated inflation rate the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will continue with the 6.5 per cent repo rate, said senior economists.

Read More
TCS market capitalisation crosses Rs 15 lakh crore

TCS market capitalisation crosses Rs 15 lakh crore

New Delhi, Feb 6 - The market capitalisation of India’s second most valuable company, Tata Consultancy Services (TCS) crossed the Rs 15 lakh crore mark on Tuesday.

Read More
HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank

HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank

Mumbai, Feb 6 - The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent stake in IndusInd Bank.

Read More
Adani Electricity taps in sunshine, wind & AI to reduce Mumbaikars’ power bills

Adani Electricity taps in sunshine, wind & AI to reduce Mumbaikars’ power bills

Mumbai, Feb 5 - The Adani Electricity Mumbai Ltd is in its endeavour to ease the consumers' power-related woes in Mumbai is making good use of abundant bright sunshine, free-flowing winds all while incorporating 'Artificial Intelligence' to reduce the power bills of the

Read More
Interim J&K budget presented in Parliament

Interim J&K budget presented in Parliament

Srinagar, Feb 5 - Finance Minister Nirmala Sithraman on Monday presented the Jammu and Kashmir Interim Budget 2024 and revised estimates of J&K for the current fiscal in the Parliament.

Read More
Sunshine, wind and AI help Adani Electricity ‘curb’ Mumbaikars’ power bills

Sunshine, wind and AI help Adani Electricity ‘curb’ Mumbaikars’ power bills

Mumbai, Feb 5 - The Adani Electricity Mumbai Ltd is in its endeavour to ease the consumer's stress in Mumbai is making good use of abundant bright sunshine, merrily blowing winds and a smart dosage of 'Artificial Intelligence'.

Read More
In Jan, FIIs posted highest outflows since Feb 2023 at $3.1bn

In Jan, FIIs posted highest outflows since Feb 2023 at $3.1bn

New Delhi, Feb 5 - Over the last 12 months, mid-caps and small-caps have gained 58 per cent and 69 per cent, respectively, while large-caps have risen 23 per cent, as per a research by Motilal Oswal Financial Services.

Read More
Paytm shares down at lower circuit of 10%

Paytm shares down at lower circuit of 10%

New Delhi, Feb 5 - Paytm shares are locked in lower circuit of 10 per cent on BSE.

Read More
LIC Housing to focus on affordable housing segment, take a call on project finance in FY25

LIC Housing to focus on affordable housing segment, take a call on project finance in FY25

Chennai, Feb 5 - Completing internal rejig, migrating to a new information technology (IT) platform and focusing on the affordable housing segment, LIC Housing Finance Ltd hopes to increase its loan book size by 15 per cent next fiscal, said a top company

Read More
Tata Motors jumps 7% after results

Tata Motors jumps 7% after results

New Delhi, Feb 5 - The global construct for equity markets continues to be good with the US doing well aided by a surprisingly strong economy, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Read More
India can become $7-tn economy by 2030 if states stay small business-friendly

India can become $7-tn economy by 2030 if states stay small business-friendly

New Delhi, Feb 3 - The Finance Ministry said that ten years ago, India was the 10th largest economy in the world, with a GDP of USD 1.9 trillion at current market prices.

Read More
Multidimensional Poverty Index offers more nuanced view than monetary metric

Multidimensional Poverty Index offers more nuanced view than monetary metric

New Delhi, Feb 3 - Traditionally, poverty has been measured by assessing monetary resources available for an individual or household.

Read More
Higher exports, cheaper oil imports boost trade balance; Houthis cast a shadow

Higher exports, cheaper oil imports boost trade balance; Houthis cast a shadow

New Delhi, Feb 3 - Higher exports and lower prices for oil imports have helped India to reduce its trade deficit in recent months but the conflict in the Red Sea area which has emerged as a threat to shipping has emerged as

Read More
SBI records 35% fall in Q3 net profit at Rs 9,163 crore

SBI records 35% fall in Q3 net profit at Rs 9,163 crore

New Delhi, Feb 3 - State Bank of India (SBI) on Saturday reported a 35 per cent decline in net profit at Rs 9,163 crore for the October-December quarter of the current financial year.

Read More
Codex committee finalises quality standards for 5 spices

Codex committee finalises quality standards for 5 spices

New Delhi, Feb 3 - The 7th session of the Codex Committee on Spices and Culinary Herbs (CCSCH) held at Kochi has finalised the quality standards for 5 spices, namely small cardamom, turmeric, juniper berry, allpice and star anise, the Commerce Ministry said

Read More
Tata Motors Q3 net profit surges more than 2-fold to Rs 7,3025 cr

Tata Motors Q3 net profit surges more than 2-fold to Rs 7,3025 cr

New Delhi, Feb 2 - Tata Motors on Friday announced a more than two-fold increase in its consolidated net profit at Rs 7,025 crore for the October-December quarter of the current financial year driven by strong sales in its UK luxury car unit

Read More
Byju’s saga: Salaries delayed, US unit files for bankruptcy

Byju’s saga: Salaries delayed, US unit files for bankruptcy

New Delhi, Feb 2 - Embattling edtech company Byju's has reportedly delayed salaries of its employees for the month of January, as the firm aims to raise funds through a rights issue.

Read More
Amazon logs record $140 bn in net sales in holiday quarter

Amazon logs record $140 bn in net sales in holiday quarter

San Francisco, Feb 2 - Net sales for Amazon increased 14 per cent to $170 billion in the holiday quarter that ended December 31, 2023, compared with $149.2 billion in the fourth quarter of 2022.

Read More