Current international poverty line misleading: Study
New Delhi, July 16 - The currently-used international poverty line is misleading, and billions of foreign aid dollars could be utilised more effectively if the line was more accurate statistically, a study revealed on Tuesday.
EV startup Statiq joins BPCL to accelerate sustainable mobility
New Delhi, July 16 - In a bid to foster sustainable mobility, EV charging network provider Statiq on Tuesday joined Bharat Petroleum Corporation Ltd (BPCL) to accelerate the adoption of electric vehicles in the country.
NCLT accepts BCCI insolvency plea against Byju’s, ed-tech firm to challenge decision
Bengaluru, July 16 - The National Company Law Tribunal (NCLT) on Tuesday accepted the plea filed by the Board of Control for Cricket in India (BCCI) against the embattled ed-tech firm Byju's by admitting its parent company, Think and Learn Pvt Ltd, into
India may increase FY25 capex by 8-10 pc from Rs 11.11 lakh crore: Report
Mumbai, July 16 - India may increase its FY25 capex by 8-10 per cent from the Rs 11.11 lakh crore allocated earlier, owing to higher-than-expected tax revenue and a record surplus transfer by the Reserve Bank of India (RBI), a report showed on
Indian pharma, healthcare sector saw 55 deals worth $4.1 billion in Q2 2024
New Delhi, July 16 - The Indian pharma and healthcare sector witnessed significant activity in the April-June quarter (Q2) this year with 55 deals totalling $4.1 billion, marking an 8 times increase in values and a 10 per cent rise in volumes over
Australia’s New South Wales moves to cut ties with construction union
Sydney, July 17 - The Australian state government of New South Wales (NSW) said on Wednesday that actions have been taken to halt the affiliation of the Construction, Forestry and Maritime Employees Union (CFMEU) Construction and General Division with the NSW Labor Party
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.