Stock markets hit fresh all-time high, auto stocks gain after UP govt’s road tax waiver
Mumbai, July 9 - The Indian benchmark indices hit a fresh all-time high on Tuesday led by auto, pharma and FMCG stocks, with Maruti Suzuki India becoming the top gainer after the Uttar Pradesh government's announcement of registration tax waiver on strong hybrid
Air India takes key step on ops for Vistara merger
New Delhi, July 8 - Air India said on Monday that it has completed harmonising operating procedures across key functions for the four Tata Group airlines as a crucial step towards the merger.
Stock markets open on a high, auto & pharma shares lead
Mumbai, July 9 - The benchmark indices opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by auto and pharma stocks, gaining over 200 points in morning trade.
RBI cancels licenses of 2 NBFCs for breach of rules
Mumbai, July 8 - The RBI on Monday announced that it has cancelled the licenses of two non-banking financial companies (NBFCs) for violating its guidelines.
Yogi govt targets self-sufficiency in pulse production in next 3-4 years
Lucknow, July 8 - The Uttar Pradesh government is set to target self-sufficiency in the pulses' production in the next three to four years.
Govt cites data on job creation to refute Citigroup report on employment in India
New Delhi, July 8 - The government on Monday refuted the Citigroup report that claims sufficient jobs are not being created in India, saying it fails to consider the positive trends and comprehensive data from official sources.
Kharif crop sowing rises by 14.1 pc in 2024, pulses record 50 pc jump
New Delhi, July 8 - With a better monsoon this year, the area under kharif crop sowing has shot up by 14.1 per cent to 378.72 lakh hectares compared to 331.9 hectares during the same period last year, according to data released on
Two-wheeler industry to sustain steady volume growth rate of up to 9 pc in FY25: Report
New Delhi, July 8 - Two-wheeler industry is expected to sustain a steady volume growth rate of around 7 to 9 per cent in FY25, considering both domestic and export markets, a new report said on Monday.
Sensex, Nifty trade flat as Titan, bank stocks top losers
Mumbai, July 8 - Benchmark equity indices on Monday snapped their three-day winning streak and traded flat in the morning hours.
Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list
New Delhi, July 7 - With the government set to present the Union Budget 2024-25 on July 23, industry leaders and experts have reiterated the importance of structural reforms to drive sustainable and inclusive economic growth, especially the critical role of infrastructure development
Hyundai Motor’s sales in India hit record ahead of planned IPO
Seoul, July 7 - Hyundai Motor, South Korea's leading automaker, saw its sales hit a record in India in the first half of this year, according to industry data on Sunday, as it has filed for an initial public offering (IPO) worth Rs
Tata Motors Group clocks 2 pc growth in global wholesales in April-June quarter
Mumbai, July 8 - The global wholesales of Tata Motors Group, including Jaguar Land Rover, reached 3,29,847 vehicles in the April-June quarter of the current fiscal (FY25), up 2 per cent compared to Q1 FY24, the company said on Monday.
Pak’s macroeconomic environment was challenging in 2023: Central bank
Islamabad, July 6 - Pakistan's macroeconomic environment in the calendar year 2023 remained challenging amid rising inflation, weak foreign exchange inflows, pressures on external account and local currency, and low business confidence, particularly in the first half, the State Bank of Pakistan (SBP)
Women entrepreneurs get shot in the arm with more avenues for finance
Mumbai, July 5 - Financing Women Collaborative (FWC), an initiative of Women Entrepreneurship Platform (WEP) on Friday announced new collaborations to support women entrepreneurs by strengthening their access to finance at a workshop held here.
Govt rolls out electric bicycles to accelerate Lakhpati Didi scheme
New Delhi, July 5 - The Ministry of Rural Development on Friday signed an MoU with Convergence Energy Services Limited to empower rural women self-help groups by providing them with electric bicycles in order to give them access to green mobility.
Tata Power launches rooftop solar initiative for homes in UP
New Delhi, July 5 - Tata Power Solar Systems Limited, has launched a rooftop solar initiative aimed at powering homes in Uttar Pradesh (UP) with clean energy.
Budget likely to see cut in fiscal deficit target to 4.9-5 pc on higher revenue receipts: ICRA
New Delhi, July 5 - Credit rating agency ICRA estimates the Central government’s revenue receipts will witness an upward revision of Rs 1.2 lakh crore in the forthcoming Revised Budget for 2024-25 over the Interim Budget Estimate, while pegging a relatively shallower increase
ACESO launches ‘ALIP’ to secure continuity of life coverage benefits for LIC policyholders
New Delhi, July 5 - ACESO, a leader in providing new solutions for insurance policyholders, on Friday introduced ALIP (Assignment of Life Insurance Policies), specifically for LIC policyholders who are considering surrendering their policies or facing lapses.
CyberPeace Foundation, NCW aims for 10 lakh women’s training in Digital Shakti 5.0
New Delhi, July 5 - CyberPeace Foundation (CPF), along with the National Commission for Women (NCW), on Friday launched the fifth phase of the Digital Shakti Campaign, a pan-India project on digitally empowering and upskilling women and girls in cyberspace, with an aim
Naidu meets Union Minister Manohar Lal Khattar for support on urban infra projects
New Delhi, June 5 - Union Minister of Housing and Urban Affairs and Minister of Power, Manohar Lal Khattar, held a meeting with Andhra Pradesh Chief Minister N Chandrababu Naidu here on Friday.