Power Grid to invest Rs 655.75 crore in two projects
Chennai, Feb 19 - Power Grid Corporation of India Ltd will be investing Rs 655.75 crore in two projects.
India headed to be $35 trillion economy by 2047: Piyush Goyal
New Delhi, Feb 19 - Minister of Commerce & Industry Piyush Goyal on Monday said that the government’s ambition is to expand the current $3.7 trillion Indian economy to a $30-35 trillion fully developed economy by 2047 and to ensure food and energy
BSE market cap hits record high of $ 4.7 trillion
Mumbai, Feb 19 - The BSE market cap touching a record high of around $4.7 trillion reflects the strength of the ongoing bull run and the momentum in the market, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
In 10 years, Apple earned $1.65 trillion from iPhone sales: Report
New Delhi, Feb 19 - Tech giant Apple grossed a whopping $1.65 trillion from iPhone sales in the past decade, a new report has revealed.
India’s construction industry poised to be world’s 3rd largest by 2025: Puri
New Delhi, Feb 19 - Minister of Housing & Urban Affairs Hardeep Singh Puri on Monday said that India’s fast-growing construction industry is poised to become the third-largest globally by 2025.
Samsung retains top spot in global TV market for 18 straight years
Seoul, Feb 19 - Samsung Electronics said on Monday that it has retained its position as the top player in the global television market for the 18th consecutive year.
TN to establish Artificial Intelligence Mission for leveraging AI
Chennai, Feb 19 - Tamil Nadu Finance Minister Thangam Thennarasu on Monday said that the state would establish an Artificial Intelligence (AI) Mission to develop guidelines for constructively leveraging AI in education, employment, industry, research and medicine.
Govt brings small fishermen on board e-market, consumers to get direct access
New Delhi, Feb 19 - The Department of Fisheries on Monday signed a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) to promote digital marketing of fish and other aquatic produce which will give a big boost to the earnings
Novartis India shares jump more than 6% after parent company announces strategic review
New Delhi, Feb 19 - Novartis India shares jumped more than 6 per cent on Monday after the parent company, Novartis AG announced a strategic review of its Indian arm.
Tata Group to invest Rs 2,300 crore in Karnataka
Bengaluru, Feb 19 - Tata Group companies Air India and Tata Advanced Systems Ltd (TASL) are planning to invest Rs 2,300 crore in Karnataka in projects that are expected to create employment for 1,650 people, the state government announced on Monday.
Indian founders meet Nvidia CEO as part of Peak XV’s AI focused trip
New Delhi, Feb 18 - Indian founders of venture capital fund Peak XV (earlier Sequoia Capital India and Southeast Asia) have met the CEO of chip-maker Nvidia Jensen Huang at the company's campus in the Bay Area in the US as part of
350 artistes to perform on 14 stages from airport to the programme venue for GBC guests
Lucknow, Feb 18 - When the guests at the Ground Breaking Ceremony 4.0 will touch down at the Lucknow airport on Monday and travel to the Indira Gandhi Pratishthan (IGP) which is the venue for the event, they will be greeted by performances
Board of Novartis India to support promoter in strategic review
New Delhi, Feb 17 - The board of directors of Novartis India took note of the communication received from Novartis AG, holding company and promoter, regarding their intention to conduct a strategic review to unlock the value of their shareholding in the company.
Finance Ministry holds high-level meeting to expedite recovery of debt
New Delhi, Feb 17 - A high-level meeting chaired by the Secretary of the Finance Ministry’s Department of Financial Services, Vivek Joshi, on Saturday discussed steps to expedite the recovery of debt and enhance the efficiency of debt recovery tribunals.
Pakistan headed towards an inevitable debt default, warns think tank
New Delhi, Feb 18 - The quantum of debt Pakistan requires is growing faster than the net output of the economy (GDP). This means that the economy's ability to grow or increase output is constrained. This is unsustainable, Tabadlab, an Islamabad think tank
India’s fresh fruit exports surge 29%, footprint spreads to 111 countries
New Delhi, Feb 17 - Fresh fruits have emerged as a standout performer in India's agri export basket with a robust growth of 29 per cent in the nine-month period from April to Dec 2023, according to the latest data compiled by the
FPI selling stands at Rs 29,519 crore for this year
New Delhi, Feb 17 - The spike in US bond yields triggered by the higher-than-expected consumer price inflation led to sustained selling by FPIs in the cash market, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
Oil prices not rising despite Middle East tensions as demand wanes
New York, Feb 17 - When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and attacks on Red Sea shipping, oil markets have
Paytm QR, Soundbox, Card Machine to work beyond March 15; nodal accounts moved to Axis Bank
New Delhi, Feb 16 - Leading payments and financial services company Paytm on Friday reassured its users that its mobile app, including the widely-used Made in India QR code, Soundbox, and Card Machine will remain operational without interruption even after March 15.
LIC received refund orders for Rs 21,740cr from Income Tax Dept
New Delhi, Feb 16 - Life Insurance Corporation of India had received refund orders for Assessment Years 2012-13, 2013-14, 2014-15, 2016-17, 2017-18, 2018-19 and 2019-20.