India’s coal production surges by 11.83 pc in Feb
New Delhi, March 5 - The country’s coal production increased by 11.83 per cent in February to 96.60 million tonnes compared to the corresponding figure of 86.38 MT in the same month last year, according data released by the Coal Ministry on Tuesday.
Google and Meta have strong political bias: Musk
New Delhi, March 5 - Referring to a post claiming Google interference in the US elections, Tesla and SpaceX CEO, Elon Musk on Tuesday said that "Google and Meta's Facebook and Instagram have strong political bias."
High valuations of market can constrain further rally, say analysts
New Delhi, March 5 - While the market is steady, the small cap index is showing some strain with a cut of 0.5 per cent on Monday, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
India a sweet spot for Dutch firms to invest in semiconductors: Report
New Delhi, March 5 - As India embarks on its semiconductor journey, it is offering immense opportunities for Dutch companies to invest and examine chances for collaborative R&D efforts between the two nations, a new report said on Tuesday.
L&T Technology Services, Intel to power smart cities with edge-AI
New Delhi, March 5 - L&T Technology Services Ltd on Tuesday announced a collaboration with chip-maker Intel to develop and provide scalable edge-AI solutions.
Govt expects Rs 41,000 crore investment as 12th round of city gas distribution network bidding ends
New Delhi, March 4 - Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday handed over letters of intent to successful bidders of 12th City Gas Distribution (CGD) bidding round, under which 8 Geographical Areas across 103 districts were offered for
Ahead of Jaishankar’s visit, S. Korean envoy lauds bilateral economic ties
New Delhi, March 4 - South Korean Ambassador Chang Jae-bok on Monday appreciated the deepening and expanding economic relations between India and Korea -- a day ahead of External Affairs Minister S. Jaishankar's visit to the Asian nation beginning Tuesday.
FM Sitharaman urges top GST officials to leverage technology for plugging loopholes in system
New Delhi, March 4 - Finance Minister Nirmala Sitharaman on Monday exhorted the enforcement chiefs of the state and the Central GST formations to leverage technology for plugging loopholes in the system, as well for providing better taxpayer services.
EU slaps $2 billion anti-trust fine on Apple following Spotify’s complaint
London, March 4 - The European Union on Monday fined Apple 1.84 billion euros (about $2 billion) for allegedly abusing its dominant position in the market for the distribution of music streaming apps to iPhone and iPad users via its App Store.
Five key projects of GMDA worth Rs 194.18 crore approved
Gurugram, March 4 - Five key projects of the Gurugram Metropolitan Development Authority (GMDA) worth Rs 194.18 crore were approved in the High-Powered Works Purchase Committee meeting chaired by Haryana Chief Minister Manohar Lal Khattar on Monday.
RBI bars IIFL Finance from sanctioning or disbursing gold loans
Mumbai, March 4 - The Reserve Bank of India (RBI) on Monday directed IIFL Finance Ltd. to stop sanctioning or disbursing gold loans or assigning/securitizing/selling any of its gold loans with immediate effect.
Govt cuts warehouse charges to help farmers
New Delhi, March 4 - Union Consumer Affairs, Food & Public Distribution Minister Piyush Goyal on Monday said that the agriculture sector will be the foundational pillar spearheading the nation towards becoming 'Viksit Bharat' by 2047.
Ola’s S1 Pro electric scooter gets PLI certification to boost green mobility
Bengaluru, March 4 - Ola Electric's S1 Pro electric scooter has received the domestic value addition (DVA) certification under the production-linked incentive (PLI) scheme for the automobile and auto component industry, the Centre said on Monday.
China’s reversion to its ‘old’ growth model being witnessed in recent years
New Delhi, March 4 - China’s re-opening rebound was one of the biggest market bets gone wrong in 2023, with the housing market (60 per sent of household assets) seeing the worst downturn in the country's history, dragging down growth and consumption, Emkay
Interoperable payment system for Net banking to be launched this year: RBI chief
Mumbai, March 4 - RBI Governor Shaktikanta Das on Monday said that the interoperable payment system for internet banking is expected to be launched this year to facilitate quicker settlement of funds for merchants.
Tata Motors to demerge business into two separate listed companies
New Delhi, March 4 - The Board of Directors of Tata Motors Ltd (TML), at its meeting on Monday, approved the proposal of demerger of Tata Motors Ltd into two separate listed companies, housing the commercial vehicles business and its related investments in
‘Increasing women workforce key for India to become $7 trillion economy’
New Delhi, March 4 - India's goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday.
Nifty extends gains for fourth session to end at record high
Mumbai, March 4 -+ India's benchmark indices extended gains for the fourth session on Monday to end at record high, said Devarsh Vakil, Deputy Head Retail Research, HDFC Securities.
We have strong & proactive govt that won’t fall for Big Tech’s lies: Anupam Mittal
New Delhi, March 4 - Continuing his fight against Google’s new Play Store policies, Shaadi.com Founder and CEO Anupam Mittal on Monday said this is the new Digital East India Co and if we don’t put in the right safeguards now, nothing can
Tough demand environment continues for IT services
New Delhi, March 4 - An analysis of the latest quarterly results of 24 global companies indicate no material improvement in the demand environment, as macro uncertainties prevail, Emkay Global Financial Services said in a report.