India records 15 pc jump in electricity generation for May amid scorching heat wave
New Delhi, July 6 - India’s electricity production went up by a robust 15.06 per cent to 167.55 billion units in May this year compared to 145.61 billion in the same month last year, as demand surged amid the scorching heat wave, according
Atal Innovation Mission empowering innovators in Tier 2 & 3 cities: Director
New Delhi, July 6 - Atal Innovation Mission’s (AIM) Community Innovator Fellows (CIFs) programme is empowering innovators in Tier 2 and Tier 3 cities, said Dr. Chintan Vaishnav, Mission Director at AIM.
Startups, Global Capability Centres created 8 cr jobs in India in 5 years: Labour Secy
New Delhi, July 6 - Global Capability Centres (GCCs) and startups have emerged as major players in creating jobs in India.
Centre notifies new Telecommunications Act provisions, focuses on spectrum utilisation
New Delhi, July 7 - The government on Friday notified another set of sections of the Telecommunications Act 2023, that came into effect with immediate effect.
June saw over 42 lakh new demat accounts amid bullish stock market
New Delhi, July 5 - As the Indian stock market keeps touching new highs amid a record bull run, over 42.4 lakh new demat accounts were opened in the month of June, the highest account opening rate since February.
European Commission asks Amazon to furnish details over recommender algorithms, ads transparency
London, July 5 - The European Commission on Friday sent e-commerce giant Amazon a request for information (RFI) under the Digital Services Act (DSA).
Women entrepreneurs get shot in the arm with more avenues for finance
Mumbai, July 5 - Financing Women Collaborative (FWC), an initiative of Women Entrepreneurship Platform (WEP) on Friday announced new collaborations to support women entrepreneurs by strengthening their access to finance at a workshop held here.
Govt rolls out electric bicycles to accelerate Lakhpati Didi scheme
New Delhi, July 5 - The Ministry of Rural Development on Friday signed an MoU with Convergence Energy Services Limited to empower rural women self-help groups by providing them with electric bicycles in order to give them access to green mobility.
Mobile tariff hike: Centre responds to misleading claims
New Delhi, July 6 - The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector players, the current mobile services market operates through the market forces of demand and supply.
Personal finance insights: Market sentiments, investment strategies, and economic trends
By YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +16.2% (above average)NYSE %Above 50-dMA 50.13% (positive, barely)Delta MSI 49.0% (negative) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 60.59%, Hybrids 4.53%, Bonds 17.88%, M-Mkt 17.01% INTEREST RATESCME FedWatchFOMC 7/31/24+ hold (cycle peak 5.25-5.50%)FOMC 9/18/24+ cutTreasury 3-mo
Tata Power launches rooftop solar initiative for homes in UP
New Delhi, July 5 - Tata Power Solar Systems Limited, has launched a rooftop solar initiative aimed at powering homes in Uttar Pradesh (UP) with clean energy.
Budget likely to see cut in fiscal deficit target to 4.9-5 pc on higher revenue receipts: ICRA
New Delhi, July 5 - Credit rating agency ICRA estimates the Central government’s revenue receipts will witness an upward revision of Rs 1.2 lakh crore in the forthcoming Revised Budget for 2024-25 over the Interim Budget Estimate, while pegging a relatively shallower increase
ACESO launches ‘ALIP’ to secure continuity of life coverage benefits for LIC policyholders
New Delhi, July 5 - ACESO, a leader in providing new solutions for insurance policyholders, on Friday introduced ALIP (Assignment of Life Insurance Policies), specifically for LIC policyholders who are considering surrendering their policies or facing lapses.
CyberPeace Foundation, NCW aims for 10 lakh women’s training in Digital Shakti 5.0
New Delhi, July 5 - CyberPeace Foundation (CPF), along with the National Commission for Women (NCW), on Friday launched the fifth phase of the Digital Shakti Campaign, a pan-India project on digitally empowering and upskilling women and girls in cyberspace, with an aim
Naidu meets Union Minister Manohar Lal Khattar for support on urban infra projects
New Delhi, June 5 - Union Minister of Housing and Urban Affairs and Minister of Power, Manohar Lal Khattar, held a meeting with Andhra Pradesh Chief Minister N Chandrababu Naidu here on Friday.
Govt sets ball rolling for Tranche-II green hydrogen projects
New Delhi, July 5 - The Ministry of New and Renewable Energy on Friday announced that the capacity of Tranche-II under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme will be 450,000 TPA (tonnes per annum) of Green Hydrogen, with 40,000 TPA
ULBs in UP to contribute to goal of $1 trillion economy
Lucknow, July 5 - The Uttar Pradesh (UP) government led by Chief Minister Adityanath, plans to make local bodies self-reliant and enhance their income.
Accel to host India’s largest Cybersecurity Summit on July 25
New Delhi, July 5 - Leading venture capital firm Accel is set to host India’s largest Cybersecurity Summit in Bengaluru July 25.
Stocks of Defence firms rise as India’s annual production hits record high of Rs 1.27 lakh crore
New Delhi, July 5 - The stocks of leading Indian Defence companies surged on Friday after the government announced that annual Defence production hit a record high of nearly Rs 1.27 lakh crore in the financial year 2023-24, reflecting a growth of 16.7
Sensex closes flat, smallcap and midcap stocks gain
Mumbai, July 5 - Indian equity indices closed flat on Friday following a volatile session.