Nearly 1.4cr candidates trained under PMKVY since 2015: Govt
New Delhi, Jan 29 - The Finance Ministry on Monday said that nearly 1.4 crore candidates have been trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) since its inception in 2015, as part of the National Skill Development Mission and the National
India’s social transformation since 2014: A look at key welfare initiatives & achievements
New Delhi, Jan 29 - The Finance Ministry on Monday said that the Central government's expenditure on social services has registered a Compound Annual Growth Rate (CAGR) of 5.9 per cent between the fiscal years 2014 and 2023.
Chennai now on ONDC Namma Yatri’s auto-rickshaw map
Chennai, Jan 29 - Namma Yatri, India's open and community-first auto-rickshaw booking application and a part of the ONDC Network, on Monday added Chennai to its service map.
India expected to become third-largest economy in next 3 years: FinMin
New Delhi, Jan 29 - In the next three years, India is expected to become the third-largest economy in the world, with a GDP of $5 trillion, the Finance Ministry said in a review of the Indian economy just days before the Interim
Bajaj Finance Q3 net grows to Rs 3,177.39 crore
Chennai, Jan 29 - Non-banking finance company (NBFC) Bajaj Finance Ltd closed the third quarter with an after tax profit of Rs 3,177.39 crore.
Agricultural sector is bedrock of nation’s economy: Economy Review
New Delhi, Jan 29 - The India Economy Review prepared by the Ministry of Finance said that the agricultural sector -- which is estimated to constitute 18 per cent of India's GVA in FY24 -- is the bedrock of nation's economy.
Finance Ministry says Indian economy to grow 7% in FY24
New Delhi, Jan 29 - The Finance Ministry said on Monday that it now appears very likely that the Indian economy will achieve a growth rate at or above 7 per cent for FY24, while some predict it will achieve another year of
My head is bloody, but unbowed: Byju Raveendran writes to shareholders
New Delhi, Jan 29 - Byju Raveendran, the founder and CEO of embattling edtech company Byju’s, in his letter to shareholders, has drawn parallels with 'Invictus' a short poem by William Ernest Henley, saying “My head is bloody, but unbowed."
Crisis-hit Chinese property giant Evergrande ordered to liquidate
Hong Kong, Jan 29 - Debt-laden Chinese property giant Evergrande has been ordered to liquidate by a court in Hong Kong, a media report said.
Nifty records biggest single-day gain since Dec 4
Mumbai, Jan 29 - Nifty ended the first day of the week with its biggest single-day gain since December 4 with heavyweight Reliance Industries contributing the most to the gains, Deepak Jasani, Head Retail Research at HDFC Securities, said on Tuesday.
DefSat conference to be held on Feb 7 in Delhi
Chennai, Jan 29 - DefSat Conference will be held at the Manekshaw Centre in New Delhi from February 7 to 9 while key industry stakeholders, policy makers, officials from the armed forces, diplomats, technology innovators and others are expected to attend the event.
Jaishankar opens IHCL hospitality skill centre in Gujarat
Ahmedabad, Jan 29 - Aiming at enhancing the hospitality sector in Gujarat's Ekta Nagar, External Affairs Minister S Jaishankar inaugurated the Indian Hotels Company Limited (IHCL) Skill Centre.
Byju’s aims to raise $200 mn via rights issue at drastic valuation cut
New Delhi, Jan 29 - Think and Learn Private Limited (TLPL), the parent company of Byju’s, on Monday announced to raise $200 million by way of a rights issue to all its equity shareholders, in its bid to achieve operational sustainability.
Samsung to make Galaxy AI available on 100 mn devices this year: TM Roh
New Delhi, Jan 29 - Samsung will make its ‘Galaxy AI’ available across 100 million mobile devices this year, as customers are eager to try new technologies and AI is no exception, TM Roh, President and Head of Mobile eXperience (MX) Business at
Markets bounce back on Reliance Industries surge
New Delhi, Jan 29 - Markets have bounced back strongly after the last two weeks of correction on the back on Reliance Industries which has recorded more than 5% gains in the day so far, says Rahul Sharma , Director, Head - Technical
iPhones grow 28% to grab over 6% market share in India in 2023
New Delhi, Jan 29 - Riding on the premiumisation trend in India, iPhones grew 28 per cent from 4 per cent market share in 2022 to more than 6 per cent in 2023, according to latest industry data.
realme will continue to strengthen its roots in India market: Top executive
Colombo, Jan 29 - Global consumer electronics brand realme, which has significantly made its mark in the Indian market over the past five years, will continue to strengthen its roots in the domestic market, a top company executive has said.
Rolls-Royce inks pact with Azad Engineering for making complex defence aero-engine components in India
New Delhi, Jan 29 - Rolls-Royce has announced the signing of a long-term agreement with Azad Engineering to manufacture and supply complex components for defence aircraft engines.
Satya Nadella to visit India in Feb, discuss new opportunities with AI
New Delhi, Jan 29 - Microsoft Chairman and CEO Satya Nadella will visit India on February 7 and 8 as part of his annual visit to the country and might meet AI startups and discuss new opportunities with AI.
Retail loans surge as RBI seeks to stem possible risks
New Delhi, Jan 29 - Indian commercial banks' retail lending has risen faster than loans to large businesses since the COVID-19 pandemic, S&P Global Market Intelligence data showed, underscoring the central bank's concerns about unsecured loans.