South Korea’s average export price of cars hits record high
Seoul, July 14 - The average price of South Korean automobiles shipped overseas hit a new record high in the first half of 2024, data showed on Sunday, following the growing demand for premium models.
India can do to AI what China did to manufacturing: Bhavish Aggarwal
New Delhi, July 14 - Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) the way China became in manufacturing.
27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years
New Delhi, July 14 - The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the Fund under the Employees' Provident Fund Organisation (EPFO).
Centre likely to amend rules for packaged commodities to bring uniformity
New Delhi, July 14 - In a bid to establish uniformity for packaged commodities, the Department of Consumer Affairs on Sunday proposed to amend rules for packaged commodities meant for retail sale.
India needs stronger policy & infra to enable healthier food choices: Expert
New Delhi, July 14 - India is ahead of neighbouring countries in the implementation of food environment policies, but needs stronger policies and infrastructure to enable healthier food choices to combat non-communicable diseases (NCDs) like obesity, diabetes, and heart diseases, according to an
Stock markets open on positive note, HCLTech gains
Mumbai, July 15 - The Indian benchmark indices opened on a positive note on Monday amid IT quarterly results and foreign institutional investors’ (FII) buying.
Afghanistan’s central bank puts on auction $15 million
Kabul, July 14 - Afghanistan's central bank put on auction $15 million on Sunday in a bid to maintain the stability of the national currency afghani.
Last decade saw Indian homebuyers’ wait for possession reduce to 4.9 years: Report
Mumbai, July 14 - The last decade has seen homebuyers' wait for possession in large under-construction projects in the top cities reduce to 4.9 years, from 6.1 years in the 2010-2019 period, a report showed on Sunday.
Apple approves first PC emulator for iOS to run classic games
New Delhi, July 14 - Tech giant Apple has approved the first PC emulator for the iOS ecosystem to run classic software and games.
India’s defence exports record over 30-fold quantum leap in last 10 years
New Delhi, July 14- India’s defence exports have recorded a 30-fold quantum leap over the last 10 years from a mere Rs 686 crore in the financial year 2013-14 to a record Rs 21,083 crore in FY 2023-24, reflecting the global acceptability of
Market outlook: Q1 results, FII inflow, monsoon updates key factors next week
Mumbai, July 14 - The Indian equity market experienced one of the best weeks of 2024, with the Nifty and Sensex reaching all-time highs of 24,592.20 and 80,893.51, respectively, before closing at 24,502.15 and 80,519.34.
Indian realty sector saw over Rs 5,327 cr investment from domestic investors in April-June
New Delhi, July 14 - Keeping up with the growth momentum in the Indian real estate industry, the domestic investors pumped in around $638 million (more than Rs 5,327 crore) in the real estate sector in the second quarter this year, from $127
‘FPI community to play key role in positioning India as 3rd largest economy’
New Delhi, July 13 - The net foreign portfolio investor (FPI) inflows turned green this month, both in the equity and debt segment, and as India enters 'Amritkaal', the FPI community will play a major role in positioning it as the third largest
Hyundai Motor union secures wage deal without strike for 6th consecutive year
Seoul, July 13 - Hyundai Motor’s labour and management have concluded their wage negotiations without a strike for the sixth year in a row, agreeing on the highest wage increase in the company's history.
Mutual funds raise Rs 14,370 crore via new fund offers in June
Mumbai, July 13 - Mutual fund industry witnessed strong inflow via new fund offers (NFOs) in June as 11 NFOs of different fund houses collected Rs 14,370 crore last month.
22 Indian startups secure over $116 million in funding this week
New Delhi, July 13 - The funding momentum continued in the Indian startup ecosystem this week as 22 startups raised nearly $116.26 million, led by four growth-stage transactions.
Robust sovereign credit rating agencies need of the hour: Amitabh Kant
New Delhi, July 13 - As India embarks on its journey to become 'Viksit Bharat' by 2047, it's important that we have appropriate credit ratings and call out global agencies for biases and lack of transparency for not objectively assessing India’s strong economic
Centre fixes meeting with states to boost maritime, waterways transport
New Delhi, July 13, - The Ministry of Ports, Shipping, and Waterways will convene the State Maritime & Waterways Transport Committees’ meeting on Tuesday to hold discussions for the comprehensive development of maritime and waterways transport across India and expanding its reach to
India has potential to become world’s 2nd largest economy by 2031: RBI Dy Governor
Mumbai, July 13 - Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world
Direct tax collections surge 19.5 pc to Rs 5.74 lakh crore in 2024-25 so far
New Delhi, July 13 - The country’s nets direct tax collection posted a robust 19.5 per cent growth to Rs 5.74 lakh as on till July 11 of the current financial year (2024-25) compared to the same period of the previous year, according