India makes strong pitch for restoration of Appellate Body at WTO
Abu Dhabi, Feb 28 - India emphatically called for the restoration of the Appellate Body at the World Trade Organisation as the top-most priority of the reform process that was discussed in the working session of the 13th ministerial conference on Wednesday.
‘India electronics manufacturing sector to employ 4.5 mn people in next few years’
Mumbai, Feb 28 - The Indian electronics manufacturing sector currently employs close to 2 million people and the country aspires to take that figure to about 4.5 million in the next few years with initiatives like local chip manufacturing, said S. Krishnan, Secretary,
India retail market set to reach $2 trillion in next decade: Report
Mumbai, Feb 28 - India continues to be a bright spot among the major economies and the retail market is expected to reach $2 trillion in next 10 years, presenting a large opportunity for retailers, a new report showed on Wednesday.
SpiceJet settles Rs 250 crore dispute with lessor Celestial Aviation
New Delhi, Feb 28 - Budget airline SpiceJet and Celestial Aviation, a subsidiary of AerCap, one of the largest aircraft lessor groups have mutually settled their Rs 250 crore dispute through amicable negotiations, the company said on Wednesday.
Tech Mahindra, Pegatron sign MoU to develop AI-enabled private 5G networks
New Delhi, Feb 28 - Tech Mahindra and global leader in technology and electronics manufacturing Pegatron on Wednesday announced the signing of a Memorandum of Understanding (MoU) at Mobile World Congress (MWC) 2024.
Fall in share of food in rural consumption basket indirectly indicates uptick in rural income
New Delhi, Feb 28 - The fall in share of food below 50 per cent mark at 46.3 per cent in rural consumption basket would have far reaching implications for the upcoming decade, as this would open up scope for a pick-up in
PM Modi to inaugurate Rs 1,393 cr coalfield projects in Madhya Pradesh tomorrow
New Delhi, Feb 28 - Prime Minister Narendra Modi will inaugurate two first mile connectivity projects of Northern Coalfields Limited (NCL) in Madhya Pradesh worth Rs 1,393.69 crore on Thursday, for the faster evacuation of coal in an environment-friendly way, the Coal Ministry
Russia to ban gasoline exports for six months from March 1
Moscow, Feb 27 - Russia will introduce a six-month ban on gasoline exports, beginning March 1, a spokesperson for Russian Deputy Prime Minister Alexander Novak said on Tuesday.
PayU appoints 5 new members to its Board of Directors
New Delhi, Feb 28 - Leading online payment solutions provider, PayU, on Wednesday announced the appointment of five new members to its Board of Directors.
Vodafone Idea shares slump over 11% after fundraising plans announced
New Delhi, Feb 28 - Vodafone Idea shares slumped more than 11 per cent on Wednesday, a day after it announced fundraising plans.
Bill Gates visits Microsoft India Development Centre
New Delhi, Feb 28 - Microsoft co-founder Bill Gates on Wednesday visited the Microsoft India Development Centre (IDC) in Hyderabad, a centre of innovation that he envisioned in 1998.
India’s Q3FY24 GDP to grow 6.7% – 6.9%: SBI
Chennai, Feb 28 - India’s Gross Domestic Product (GDP) should grow in the region of 6.7-6.9 per cent during the third quarter (Q3) of FY24, said a top economist with the State Bank of India (SBI).
Sensex down more than 500 points
New Delhi, Feb 28 - Market was likely to be in a range-bound zone in the near term, said V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
SJVN commissions 100 MW solar power unit in Gujarat
New Delhi, Feb 27 - SJVN Ltd has commissioned its 100 MW Raghanesda Solar Power Station located in Gujarat’s Banaskatha district, making it the government-owned company’s second green energy unit to go on stream this month.
Bitcoin crosses $57,000 for first time since 2021
New York, Feb 27 - Bitcoin led a major rally for cryptocurrency prices and related stocks on Tuesday as it bolted above $57,000 for the first time since November 2021, reports said.
Vodafone Idea plans to raise Rs 45K cr through combination of equity and debt
New Delhi, Feb 27 - The Board of Directors of Vodafone Idea at its meeting held on Tuesday approved a fund raise of up to Rs 20,000 crore via a combination of equity and/or equity-linked instruments.
Centre approves Rs 1,935cr worth highway projects for Himachal, Uttarakhand
New Delhi, Feb 27 - Union Minister for Road Transport and Highways Nitin Gadkari announced on Tuesday the approval of Rs 1,935.7 crore worth highway projects in the hill states of Himachal Pradesh and Uttarakhand.
Centre approves highway projects worth Rs 2,333cr in UP, Jharkhand
New Delhi, Feb 27 - Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday announced the approval of Rs 2,333 crore worth highway projects in Uttar Pradesh and Jharkhand.
Global TV shipments drop 3% in 2023: Report
New Delhi, Feb 27 - Global TV shipments dropped three per cent in 2023 to reach 223 million units, a new report said on Tuesday.
Goyal urges India Inc. to expand manufacturing footprint
New Delhi, Feb 27 - Commerce and Industry Minister Piyush Goyal on Tuesday said that with the triple track of strong macroeconomic fundamentals, huge thrust in infrastructure creation and social welfare push, India has been at the forefront of global growth for the