Sensex down more than 300 points
New Delhi, Feb 22 - BSE Sensex is down more than 300 points in morning trade on Thursday.
Cabinet okays 8% hike in sugarcane price, move to benefit 5 cr farmers
New Delhi, Feb 21 - The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an 8 per cent increase in the Fair and Remunerative Price (FRP) of sugarcane to Rs 340 per quintal for the sugar season
Merchants across India continue to use Paytm & its pioneering devices
New Delhi, Feb 22 - One 97 Communications Limited (OCL), that owns financial services major Paytm, has received immense support from the merchant community across the country.
American delegation visits Ram Temple in Ayodhya
Ayodhya, Feb 21 - Quantum Integrators CEO and India Business Association's Advisory Chairman, Raj Pandya, led an American delegation to Ayodhya, consisting of leaders of the Indian-American diaspora.
India to have 3 to 4 chip fab plants in next 5 years: IT Minister at PhonePe event
New Delhi, Feb 21 - The government is planning to have at least three to four semiconductor fabrication plants in the next five years, as the country gears up for the first indigenous chip roll-out in December this year, Union IT and Railways
iCreate, Microsoft, IT Ministry to skill 11K innovators, startups in AI in India
New Delhi, Feb 21 - Microsoft India and iCreate (the International Centre for Entrepreneurship and Technology) will provide AI skilling opportunities to 11,000 innovators, startups, and youth from across the country via Microsoft's learning management system, it was announced on Wednesday.
NTPC signs land lease pact for setting up Green Hydrogen Hub near Vizag
New Delhi, Feb 21 - Power sector giant NTPC has signed a land lease agreement for the development of a world-class “Integrated Green Hydrogen Hub” on a 1,200-acre plot at Pudimadaka village near Visakhapatnam in Andhra Pradesh, the Ministry of Power announced on
Govt hardsells coal gasification projects at Mumbai roadshow
Mumbai, Feb 21 - The Ministry of Coal said on Wednesday that it got an encouraging response to its roadshow aimed at promoting coal gasification projects across the nation aligned with India’s vision for a cleaner and energy-efficient future.
Negotiations on at acquiring Paytm Payments Bank businesses as RBI deadline looms
New Delhi, Feb 21 - As Paytm Payments Bank announced to shift its nodal account to Axis Bank by opening an escrow account, speculations started on which bank or financial services major is vying to get what businesses at the Paytm subsidiary as
Air India signs component programme with SIA for A320 aircraft
New Delhi, Feb 21 - Tata-owned Air India on Tuesday announced signing of an Inventory Technical Management programme with SIA Engineering Company Ltd.
LTIMindtree joins Eurolife FFH to set up GenAl & digital hubs in Europe, India
Mumbai, Feb 21 - In a bid to enable widespread adoption of AI in India and Europe, tech consulting and digital solutions company LTIMindtree on Wednesday signed a memorandum of understanding (MoU) with Greece-based insurance company Eurolife FFH (powered by Fairfax Digital Services).
Govt plans to simplify, digitalise KYC process
New Delhi, Feb 21 - Finance Minister Nirmala Sitharaman chaired the meeting of the Financial Stability and Development Council (FSDC) on Wednesday which discussed the issues related to India’s macro financial stability and the preparedness to deal with them.
Nifty slides on profit booking at higher levels
Mumbai, Feb 21 - After making a fresh high, Nifty erased its gains in the last hour and closed with a loss of 142 points at 22,055 levels on Wednesday, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Salaries in India to increase by 9.5% in 2024; infra, manufacturing sectors lead
New Delhi, Feb 21 - Salaries in India are expected to increase by 9.5 per cent this year as industries such as infrastructure and manufacturing continue to project robust growth, a report showed on Wednesday.
Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24 Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24
New Delhi, Feb 21 - The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on January this year, marking 95.83 per cent progress towards the target of is 21,030 crore fixed for the current financial year ending on
Healthcare became more accessible for North-East region in last 10 yrs: Union Minister
New Delhi, Feb 21 - Healthcare has become accessible and available for the entire North-East region in the last 10 years, Union Health Minister, Dr Mansukh Mandaviya, said on Wednesday.
Zee Entertainment denies report of fund diversion
New Delhi, Feb 21 - Zee Entertainment Enterprises said on Wednesday that the company is not aware of any order wherein SEBI has recorded any finding.
India home to 247 mn entrepreneurial households driving $8.8 trillion transaction value
Mumbai, Feb 21 - India is home to at least 247 million entrepreneurial households who will be the drivers of India's next economic wave, driving an $8.8 trillion transaction value in FY23, a new report showed on Wednesday.
Byju’s rights issue to raise $200 mn fully subscribed
New Delhi, Feb 21 - Edtech firm Byju's rights issue to raise $200 million at a 99 per cent valuation cut has been fully subscribed.
PM to dedicate to nation 2 N-power reactors; Kakrapar plant 4 to be connected to grid soon
Chennai, Feb 21 - India’s atomic power major Nuclear Power Corporation of India Ltd (NPCIL) will soon connect its second 700 MW Pressurised Heavy Water Reactor (PHWR) to the grid, an official said on Wednesday, ahead of Prime Minister Narendra Modi’s visit to