Total employment in MSMEs crosses 20.2 crore mark, up 66 pc
New Delhi, July 5 - The total employment reported by the country’s micro, small and medium enterprises (MSMEs) has crossed the 20.2 crore mark, as per data from MSME Ministry’s Udyam registration portal.
Home-cooked veg thali’s cost continues to rise as non-veg thali gets cheaper
New Delhi, July 5 - The cost of the home-cooked vegetarian thali has been on the rise since November 2023 and in June, the cost of a home-cooked veg thali rose 10 per cent (year-on-year) while the cost of the non-veg thali declined
India ranks 3rd in fintech funding globally in Jan-June period
Bengaluru, July 5 - India's fintech ecosystem achieved a significant milestone in the first half of this year by ranking among the top three funded globally, alongside the US and the UK, a report showed on Friday.
Senior lawyer hints at ‘Chinese link’ in Hindenburg’s attack on Adani Group
New Delhi, July 5 - In a sensational claim, senior lawyer Mahesh Jethmalani has alleged that a businessman with Chinese links had commissioned the report by short-seller Hindenburg Research which led to shares of Adani Group companies taking a hit.
Mergers & acquisitions in Indian FMCG sector reach $938 million in 1st half of 2024
New Delhi, July 5 - The Indian fast-moving consumer goods (FMCG) sector has gained momentum as in the first six months of this year, the Mergers and acquisitions (M&A) activity in the sector reached $938 million in terms of value.
Sensex trades lower amid profit booking in largecaps
Mumbai, July 5 - India equity indices opened in the red on Friday following profit booking in largecap stocks.
South Korean regulator asks Chinese e-commerce platforms’ for business data
Seoul, July 5 - The regulator said on Friday it will ask major e-commerce platforms operating in South Korea, including China's AliExpress and Temu, to submit data on their businesses for market analysis.
Govt keen on big push to drones for empowering rural women, farmers: Piyush Goyal
New Delhi, July 4 - Union Minister of Commerce and Industry Piyush Goyal said on Thursday that the development of the drone ecosystem and deploying them in villages across the nation aligns with Prime Minister Narendra Modi’s ‘NAMO Drone Didi’ initiative that will
MOIL records 14.5 pc jump in sales for April-June quarter
New Delhi, July 4 - Public sector miniratna mining company MOIL has recorded a 14.5 per cent jump in sales in the April-June quarter of 2024-25.
Govt to roll out new ship building policy soon, aims to put India in top 10 list
New Delhi, July 4 -: The Government will come up with a new Ship Building and Ship Repair Policy soon under the 100-day action plan with the aim of taking India into the ranks of the top 10 countries in the sector by
RBI shuts Banaras Merchantile Co-op Bank citing inadequate capital, earning prospects
Mumbai, June 4 - The Reserve Bank of India (RBI) has cancelled the licence of Banaras Merchantile Co-operative Bank Limited, Varanasi.
Raymond’s board okays demerger of real estate business
Mumbai, July 4 - Textiles and apparel major Raymond Ltd announced on Thursday that its board has approved the demerger of its real estate business, Raymond Realty Ltd.
Adani Vizhinjam Port to receive first mothership on July 12
Thiruvananthapuram, July 4 - With the completion of the first phase of the country’s first exclusive trans-shipment port, the Adani Group's Vizhinjam Port located near the famed Kovalam beach in Kerala is all set to receive its first mothership on July 12, a
Ixigo’s profit more than doubled at Rs 73 crore in FY24
New Delhi, July 4 - Le Travenues Technology Ltd, which owns online travel aggregator Ixigo, on Thursday said revenue from operations grew by 30.8 per cent (year-on-year) in FY24 to Rs 655.9 crore from Rs 501.3 crore in FY23, as profit after tax
India gives the voice to Global South on AI global forums
New Delhi, July 5 - India has set the global discourse by emphasising the intent of the government to democratise artificial intelligence (AI) and make it accessible to all.
Iran urges SCO countries to use its southern ports for faster and cheaper trade
Tehran, July 4 - Iran's Acting President Mohammad Mokhber on Thursday urged the Shanghai Cooperation Organisation (SCO) member states to use the country's southern ports in the North-South Corridor for faster and cheaper trade with the world.
Samsung sets up development team for high bandwidth memory chips
Seoul, July 4 - Samsung Electronics, the world's largest memory chipmaker, has newly set up a unit dedicated to developing high bandwidth memory (HBM) in a bid to regain the leadership in the artificial intelligence (AI) semiconductor market, industry sources said on Thursday.
5 Indian institutions receive grants under Australia-India Strategic Research Fund
New Delhi, July 4 - The government on Thursday announced successful grants under the Australia-India Strategic Research Fund (AISRF) to five Indian organisations for their projects in emerging technologies.
Zomato relaunches ‘Intercity Legends’ service with minimum order value of Rs 5K
New Delhi, July 4 - Online food delivery platform Zomato has relaunched its 'Intercity Legends' service with a minimum order value of Rs 5,000.
Govt slashes licence fee for women entrepreneurs, MSMEs in petroleum & explosives ventures
New Delhi, July 4 - Union Minister of Commerce and Industry, Piyush Goyal, has announced 80 per cent concession for women entrepreneurs and 50 per cent for MSMEs in fees for licences granted by the Petroleum and Explosives Safety Organisation (PESO), according to