India’s goods & services exports jump 8.6 pc to cross $200 bn in April-June

India’s goods & services exports jump 8.6 pc to cross $200 bn in April-June

New Delhi, July 15 - India’s goods and services exports increased by 5.4 per cent in June to $65.47 billion while the cumulative overall growth of exports during the April-June quarter this year rose 8.6 per cent to $200.33 billion, according to figures

Read More
Adani Group to provide 11 lakh saplings to MP as part of sustainable future goal

Adani Group to provide 11 lakh saplings to MP as part of sustainable future goal

Ahmedabad, July 15 - The Adani Group on Monday said it has joined hands with the Madhya Pradesh government to provide 11 lakh saplings -- out of 51 lakh trees to be planted in Indore -- in line with the Group's commitment to

Read More
India’s electronic goods exports up 16.9 pc at $2.82 bn in June

India’s electronic goods exports up 16.9 pc at $2.82 bn in June

New Delhi, July 15 - The Centre on Monday informed that electronic goods exports increased by 16.91 per cent in the month of June (year-on-year), bolstered by the production-linked incentive (PLI) scheme.

Read More
Indonesia starts exporting electricity to Papua New Guinea

Indonesia starts exporting electricity to Papua New Guinea

Jakarta, July 15 - Indonesian President Joko Widodo and Papua New Guinea Prime Minister James Marape met at the Bogor Palace on Monday to discuss cooperation in various fields, including electricity exports to the border region.

Read More
Apple’s India sales hit new high in FY24 amid increased manufacturing, premiumisation trend

Apple’s India sales hit new high in FY24 amid increased manufacturing, premiumisation trend

New Delhi, July 15 - As China and Vietnam falter amid India's push for domestic manufacturing owing to the production-linked incentive (PLI) scheme, tech giant Apple saw a robust around $8 billion sales in the country in the last fiscal (FY24) – a

Read More
Stock markets continue upward trajectory, Nifty touches fresh all-time high

Stock markets continue upward trajectory, Nifty touches fresh all-time high

Mumbai, July 15 - The Indian benchmark indices on Monday continued their upward momentum driven by positive expectations from the upcoming Union Budget and robust foreign institutional investor (FII) inflows, along with better-than-expected results from the IT sector.

Read More
Sridhar Vembu on developing talent, addressing ‘power imbalance at Indian workplaces

Sridhar Vembu on developing talent, addressing ‘power imbalance at Indian workplaces

New Delhi, July 15 - Zoho Co-founder and CEO Sridhar Vembu on Monday said that addressing “power imbalance” or “respect imbalance” is very important to be really connected and grounded in reality at the workplace.

Read More
Budget needs to further accelerate robust digital infra across India: Industry

Budget needs to further accelerate robust digital infra across India: Industry

New Delhi, July 15 - The Digital Infrastructure Providers Association (DIPA) on Monday urged the government to extend input tax credit for telecom towers under the GST regime in the upcoming Union Budget 2024-2025, which would significantly reduce costs for infrastructure providers and

Read More
WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

Mumbai, July 15 - Inflation in the food articles is expected to rationalise by September/October as many of the Kharif crops will be entering the mandis supplementing the existing supply, industry experts said on Monday.

Read More
Ashok Leyland bags order for 2,104 buses from Maharashtra State Road Transport Corporation

Ashok Leyland bags order for 2,104 buses from Maharashtra State Road Transport Corporation

New Delhi, July 15 - Commercial vehicle manufacturer Ashok Leyland, on Monday, said it has bagged the single-largest, fully-built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2,104 units of its Viking passenger bus.

Read More
Homegrown EV firm BluSmart raises Rs 200 cr

Homegrown EV firm BluSmart raises Rs 200 cr

New Delhi, July 15 - Homegrown Electric Vehicle (EV) company BluSmart on Monday said it has raised $24 million (about Rs 200 crore) in its pre-series B round.

Read More
AMD, IIT-B partner to support semiconductor startups in India

AMD, IIT-B partner to support semiconductor startups in India

New Delhi, July 15 - Chip-maker AMD India on Monday announced a partnership with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT-Bombay, to promote semiconductor startups in the country.

Read More
Equity mutual funds’ AUM reach Rs 23.8 lakh crore in June in India

Equity mutual funds’ AUM reach Rs 23.8 lakh crore in June in India

Mumbai, July 15 - The assets under management (AUM) of equity mutual funds witnessed a growth of 8.27 per cent sequentially to reach Rs 23,84,727 crore in June, from Rs 22,02,497 crore in May (excluding sectoral/thematic funds), a report showed on Monday.

Read More
WPI inflation edges up to 3.36 pc in June

WPI inflation edges up to 3.36 pc in June

New Delhi, July 15 - The annual rate of inflation based on the all-India Wholesale Price Index (WPI) number edged up to 3.36 per cent in June this year compared to the same month of the previous year, figures released by the Commerce

Read More
Bolivia’s entry in Mercosur important step in regional integration: Minister

Bolivia’s entry in Mercosur important step in regional integration: Minister

La Paz, July 15 - Bolivia's full entry into the Southern Common Market (Mercosur) is a historic event and represents a "very important hinge in regional integration," said Foreign Affairs Minister Celinda Sosa Lunda.

Read More
78 pc of Indian bosses optimistic on gig workers, stress proficiency in technical skills: Report

78 pc of Indian bosses optimistic on gig workers, stress proficiency in technical skills: Report

New Delhi, July 15 - While 78.57 per cent of employers in India find gig workers meeting or surpassing job requirements, they also emphasise their need to boost technical skills, according to a report on World Youth Skills Day on Monday.

Read More
OP Jindal Global University inks MoU with United Nations University to foster academic exchange

OP Jindal Global University inks MoU with United Nations University to foster academic exchange

Sonipat, 15 July - O.P. Jindal Global University (JGU) and the United Nations University (UNU), Japan, have signed a Memorandum of Understanding (MoU) to establish ties of friendship and cooperation in the areas of higher education and research.

Read More
SBI hikes lending rates

SBI hikes lending rates

Mumbai, July 15 - The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).

Read More
India’s automobile exports clock 15.5 pc growth in April-June quarter

India’s automobile exports clock 15.5 pc growth in April-June quarter

New Delhi, July 15 - India’s automobile exports clocked a robust 15.5 per cent growth in the April-June quarter of the current financial year compared to the same

Read More
Zomato, Swiggy hike platform fee to Rs 6 per order

Zomato, Swiggy hike platform fee to Rs 6 per order

New Delhi, July 15 - Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5 — a 20 per cent increase.

Read More