ADB forecasts robust growth in India’s industrial sector, rebound in agriculture
Manila, July 17 - The Asian Development Bank (ADB) has kept India’s growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as the fastest growing economy with robust growth in the industrial sector and a rebound in agriculture
India’s domestic air traffic clocks 6 pc growth in June
New Delhi, July 17 - India’s domestic air passenger traffic rose by 5.8 per cent to 1.32 crore in June this year from 1.24 crore in the same month last year, according to the latest data released by the Directorate General of Civil
Boost to Aatmanirbharta: Govt releases new list of 346 defence items to be made in India
New Delhi, July 16 - The Ministry of Defence has notified the fifth Positive Indigenisation List (PIL) consisting 346 defence items in a major boost to Aatmanirbharta in defence production.
Laos president calls for urgent action to address economic woes
Vientiane, July 16 - Laos President Thongloun Sisoulith has instructed the government to urgently address economic and financial difficulties, especially those related to fluctuating currency exchange rates and high inflation.
Average revenue per user for Indian telcos to cross Rs 225 next fiscal: Report
New Delhi, July 16 - As the data usage surges in India amid tariff hikes, the average revenue per user (ARPU) per month will increase by 25 per cent to Rs 225 in the next fiscal (FY26), a report showed on Tuesday.
Received record 40 pc higher pre-bookings for new foldables in India: Samsung
New Delhi, July 16 - Samsung on Tuesday announced record pre-orders for its sixth-generation foldable smartphones – Galaxy Z Fold6 and Galaxy Z Flip6.
Singapore’s Temasek eyes $10 bn investment in resilient India
New Delhi, July 16 - As the Indian economy remains resilient on its way to become the world’s third-largest one sooner than expected, Singapore's sovereign wealth fund Temasek is aiming to invest an additional over Rs 83,000 crore (about $10 billion) in the
LinkedIn launches new video experience for professionals in India
New Delhi, July 16 - Professional networking platform LinkedIn on Tuesday launched a new video experience in India, in a bid to tap into one of the fastest-growing markets with uploads growing 60 per cent year-on-year in the country.
Homegrown Namma Yatri app raises $11 mn with Google as investor
Bengaluru, July 16 - Community-led mobility app Namma Yatri on Tuesday said it has raised $11 million (about Rs 92 crore) in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google and other investors.
Stock markets open on a high, Adani Enterprises among top gainers
Mumbai, July 16 - The Indian benchmark indices once again opened on a positive note on Tuesday in the run-up to a blockbuster budget next week.
India’s booming manufacturing sector creates more job opportunities than ever: Report
Bengaluru, July 16 - India's manufacturing sector is booming which has created more job opportunities as the sector is looking for new skills, a new report showed on Tuesday.
Public beta for iOS 18, other Apple software updates now live
San Francisco, July 16 - Apple has made its new iOS 18 and other software updates available in public beta that come with several new features.
Union Budget: Healthcare leaders call for scaling up infra, medical tourism & tax reforms
New Delhi, July 15 - Prioritising and scaling up investment, infrastructure, medical tourism, and tax reforms will be key to creating a new ecosystem that can support the nation’s ambitious healthcare goals, said experts on Monday, ahead of the Union Budget 2024-25.
SpiceJet flies out of red to make Rs 127 crore profit in Jan-March quarter
New Delhi, July 15 - Low-cost airline SpiceJet Ltd on Monday reported a consolidated net profit of Rs 127 crore for their January-March quarter of 2023-24 compared to a net loss of Rs 6.22 crore in the same quarter of the previous year.
Govt cuts GST on aircraft parts to 5 pc
New Delhi, July 15 - Union Civil Aviation Minister Kinjrapu Rammohan Naidu has announced the implementation of a uniform IGST rate of 5 per cent on all aircraft and aircraft engine parts, effective from Monday.
Indian hospital sector’s market cap surges 9X to Rs 3.5 trillion in FY24
New Delhi, July 15 - The market cap of the Indian hospital sector surged 9 times from Rs 375 billion in FY20 to Rs 3.5 trillion in FY24 riding on improved pricing, higher insurance coverage, and dedicated shift towards complex surgeries such as
Union Agriculture Minister to release 40 new technologies at key ICAR event on July 16
New Delhi, July 15 - Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan will inaugurate the 96th Indian Council of Agricultural Research Foundation and Technology Day here on July 16 at which as many as 40 selected new technologies will be
India’s G20 task force report aims to boost Digital Public Infrastructure worldwide
New Delhi, July 15 - The final report of India’s G20 Task Force on Digital Public Infrastructure aimed at strengthening the foundations of DPI worldwide, especially the Global South, was released here on Monday
The future of Indian food systems: Advancing towards nutrition & sustainability
New Delhi, July 15 - The Boston Consulting Group (BCG) and the Federation of Indian Chambers of Commerce & Industry (FICCI) have collaborated to release a whitepaper titled 'Nourishing India Sustainably – Ecosystem Actions for Food Systems Transformation'.
Piyush Goyal holds talks with WTO Chief on free and equitable trade
New Delhi, July 15 - Commerce and Industry Minister Piyush Goyal held a crucial meeting with WTO Director-General Ngozi Okonjo-Iweala, to discuss the ongoing negotiations and the progress made since the 13th Ministerial Conference of the global trade organisation, according to an official