PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore
New Delhi, July 10 - The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday.
Trump vows to stop outsourcing, if elected President
Washington, July 9 - Former American President Donald Trump has promised to end outsourcing if re-elected, which should sound alarm bells across India's multi-billion-dollar outsourcing industry whose largest customer is the US,
India, Russia set $100 billion trade target by 2030, to move forward on FTA: Foreign Secretary
Moscow, July 9 - India and Russia have set a new target of $100 billion in trade between the two nations by 2030, Foreign Secretary Vinay Kwatra said on Tuesday, as Prime Minister Narendra Modi and Russian President Vladimir Putin discussed larger space
EV startups hail UP govt’s move to waive road tax for hybrid cars
New Delhi, July 9 - Electric vehicle (EV) startups on Tuesday hailed the Uttar Pradesh government's announcement on the complete waiver of registration tax on strong hybrid cars to promote the use of environment-friendly vehicles in the state.
SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore
Mumbai, July 9 - Systematic investment plan (SIP) investments reached Rs 21,262 crore in June in the country, up from Rs 20,904 crore in May, the latest data from the Association of Mutual Funds in India (AMFI) said on Tuesday.
India’s Financial Inclusion Index improves to 64.2 in 2023-24
Mumbai, July 9 - India’s Financial Inclusion Index (FI-Index) for the financial year ended March 31, 2024, has improved to 64.2 vis-a-vis 60.1 in March 2023, with growth witnessed across all sub-indices, the RBI announced on Tuesday.
EV adoption could save $10 bn, create millions of jobs by 2030: Amitabh Kant
New Delhi, July 9 - Highlighting the need to create a new overarching strategy for road transport that can boost transition to Electric Vehicles (EV), G20 Sherpa and former NITI Aayog CEO, Amitabh Kant on Tuesday said that EV adoption could save $10
Stock markets hit fresh all-time high, auto stocks gain after UP govt’s road tax waiver
Mumbai, July 9 - The Indian benchmark indices hit a fresh all-time high on Tuesday led by auto, pharma and FMCG stocks, with Maruti Suzuki India becoming the top gainer after the Uttar Pradesh government's announcement of registration tax waiver on strong hybrid
UP govt to boost mango export with higher yield and improved quality
Lucknow, July 9 - The Uttar Pradesh government has decided to enhance the production and quality of mangoes in the state's orchards.
Xiaomi aims to source 55 pc phone components in India, showcases 1st luxury EV
Bengaluru, July 9 - Smartphone company Xiaomi on Tuesday said it aims to source at least 55 per cent of its components locally in India, which aligns with the government's 'Make in India' initiative -- as the company completed 10 years in the
65 pc transactions now digital in small-town India, Gen X leads the charge
New Delhi, July 9 - About 65 per cent of transactions by consumers in small-town India are now digital, while in larger cities this ratio was around 75 per cent, a new report showed on Tuesday.
Wealth management platform Dezerv raises $32 mn led by Premji Invest
New Delhi, July 9 - Wealth management platform Dezerv on Tuesday announced that it has raised $32 million in a funding round led by Premji Invest.
‘Player safety, responsible practices must as India’s gaming industry sees growth’
New Delhi, July 9 - As India's gaming industry experiences exponential growth, it has now become imperative to prioritise player safety and responsible gaming practices, a new report said on Tuesday.
CCPA directs Yatra to refund over Rs 2.5 crore to consumers affected during Covid lockdown
New Delhi, July 9 - The Central Consumer Protection Authority (CCPA) on Tuesday directed online travel platform Yatra to refund over Rs 2.5 crore pending amount to consumers affected due to cancelled air tickets during the Covid-19 lockdown.
Impressionism meets realme 13 Pro Series 5G, redefines smartphone aesthetics using Monet-inspired design
New Delhi, July 9 - In the digital age, our smartphones have become more than just communication devices -- they're our personal assistants, entertainment hubs, and windows to the world.
Tech Mahindra, Microsoft join hands to modernise workplace experiences with GenAI
New Delhi, July 9 - Tech Mahindra on Tuesday announced a collaboration with Microsoft to modernise workplace experiences with Copilot for Microsoft 365.
Semiconductor design firm UNISOC launches new chipset in India
New Delhi, July 9 - Semiconductor design company UNISOC on Tuesday launched a new chipset -- UNISOC T760, in India.
Number of new jobs more than doubles to 46.6 million in 2023-24: RBI data
New Delhi, July 9 - As many as 46.6 million new jobs were created in the Indian economy during 2023-24, according to the latest data released by the Reserve Bank of India.
India to see 13-14 pc growth in warehousing logistics supply in FY25: Report
New Delhi, July 9 - As the government focusses on making India a global manufacturing hub, industrial and warehouse logistics supply is projected to grow by 13-14 per cent year-on-year (YoY) in FY25 to nearly 424 million square feet (sq ft), a report
Outbound travel from India emerges as future growth engine for global tourism
New Delhi, July 9 - Outbound travel from India is emerging as a future growth engine for global tourism, with the rapid expansion of the middle classes and scaling up of air connectivity across the country, a new report by the Organisation for