Kumaraswamy asks NMDC to commit to production target of 100 million tonnes
Hyderabad, July 12 - Union Minister of Steel and Heavy Industries H.D. Kumaraswamy has called on National Mineral Development Corporation (NMDC) officials to commit to their goal of 100 million tonnes of iron ore production by 2030, as a tribute to the Honourable
Markets at new all-time high, Nifty trades above 24,500 for first time
Mumbai, July 12 - India equity benchmarks are trading at record highs on Friday following buying in the IT stocks.
Climate disasters bring billions in losses to US in first half of 2024
Washington, July 12 - The United States was hit by 15 climate disasters in the first half of this year, each with losses exceeding $1 billion, according to the US National Oceanic and Atmospheric Administration (NOAA).
Sensex trades higher on positive global cues
Mumbai, July 12 - Indian equity benchmarks opened in the green on Friday following positive global cues.
Union Agriculture Minister calls for concerted efforts to hike production of pulses
New Delhi, July 11 - Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan on Wednesday reviewed the progress in the sowing of the country’s kharif crops and directed officials to step up efforts to enhance the production of pulses.
Govt e-Marketplace turnover more than doubles in April-June quarter
New Delhi, July 11 - The Government e-Marketplace (GeM) has clocked a gross merchandise value (GMV) of Rs 1.25 lakh crore at the end of first quarter (April-June) of the current financial year (2024-25), representing a quarter-on-quarter growth of 136 per cent over
PM Modi holds discussion with economists, NITI Aayog officials in run-up to Budget
New Delhi, July 11 - Prime Minister Narendra Modi on Thursday held a meeting with senior NITI Aayog officials and leading economists as part of the wider consultations in the run-up to the Union Budget 2024-25.
EU accepts Apple’s offer to open up contactless payments
London, July 11 - The European Union (EU) on Thursday accepted commitments offered by Apple over how it operates Apple Pay to end a long-running competition investigation.
Punjab explores opportunity to export litchi to Britain
Chandigarh, July 11 - After the maiden export of Punjab's litchi to Britain, UK Deputy High Commissioner Caroline Rowett on Thursday called upon Punjab Horticulture Minister Chetan Singh Jouramajra to discuss strategies for future litchi consignments and sharing agro-allied technologies.
OECD calls for South Korea to adopt tighter fiscal rules amid deficit, rapid aging
Seoul, July 11 - The Organisation for Economic Cooperation and Development (OECD) called on South Korea on Thursday to introduce tighter fiscal rules and maintain a restrictive policy as its budget is projected to remain in deficit through next year and rapid aging
Shimla apples now grow in eastern UP
ucknow, July 11 - Uttar Pradesh will now grow apples from Shimla as the apple trees from Shimla have been successfully transplanted from the cold and high mountains to the plain region.
India’s gold processing industry to create 25,000 new jobs: Report
New Delhi, July 11 - The gold processing industry in India is projected to create 25,000 new jobs and witness about Rs 15,000 crore investments by 2030, a new report showed on Thursday.
Indian telecom sector poised for next stage of market repair: S&P Global Ratings
New Delhi, July 11 - The Indian telecommunications industry looks set for the next phase of market repair, as it settles more stably into a three-player market, a report showed on Thursday.
Mumbai sees record Rs 12,500 crore worth luxury home sales in 2024 1st half
Mumbai, July 11 - Aligning with the ongoing bullish trend in residential property sales across the country, sales of luxury homes costing Rs 10 crore and above in Mumbai clocked the highest-ever, half-yearly sales at Rs 12,300 crore, a report showed on Thursday.
Banking sector witnessing a decade-high performance: RBI
New Delhi, July 11 - As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
India’s oil & gas exploration sector offers $100 billion investment opportunity: Union Minister Puri
New Delhi, July 11 - The exploration and production (E&P) segment of India's oil and gas sector will throw up an investment opportunity of at least $100 billion by 2030, Union Petroleum Minister Hardeep Singh Puri said on Thursday.
Indian auto component industry’s revenue to grow by up to 7 pc in FY25: Report
New Delhi, July 11 - The revenue growth for the Indian auto component industry is expected to moderate in FY2025, about 5 to 7 per cent, after a strong performance in FY2024, a new report showed on Thursday.
New jobs created in Indian economy in 2014-23 jump over 4-fold compared to 2004-14: SBI study
New Delhi, July 11 - As many as 12.5 crore jobs have been created in the Indian economy during the financial years 2014-23, which represents an over four-fold jump from the 2.9 crore jobs created during 2004-14, according to a State Bank of
Retail inflation for industrial workers declines to 4-month low
New Delhi, July 11 - Retail inflation for industrial workers eased to a 4-month low of 3.86 per cent in May compared to 4.42 per cent in the same month a year ago, according to the latest data released by the Labour Ministry.
India to see rise in private consumption in FY25 driven by rural demand
New Delhi, July 11 - Driven by rural demand recovery owing to normal monsoon and moderating inflation, India is projected to see a surge in private consumption in the current fiscal, a report has said.