SECI plans 500 MW solar thermal capacity tender in 2024-25 in big push to green energy
New Delhi, July 3 - The Solar Energy Corporation of India (SECI) is likely to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of 2024-25, company chairman R.P. Gupta said on Wednesday.
Govt buys 266 lakh tonnes of wheat at MSP; Rs 61 lakh crore credited to farmers’ accounts
New Delhi, July 3 - The Food Corporation of India (FCI) has successfully procured 266 lakh metric tonnes of wheat during the current Rabi marketing season 2024-25, surpassing last year's figure of 262 lakh metric tonnes to secure the nation's foodgrain sufficiency, the
Coal production from captive, commercial mines shoots up by 35 per cent in April-June
New Delhi, July 3 - The production of coal from the country's captive and commercial mines has shot up by 35 per cent to 39.53 million tonnes in the April-June quarter of 2024-25 from 29.26 million tonnes in the same period of the
Top 18 states to see 8-10 per cent revenue growth to Rs 38 lakh crore this fiscal: Report
New Delhi, July 3 - Driven by healthy Goods and Service Tax (GST) collections and devolution from the Centre, the revenue of the top 18 states is likely to grow at a steady pace of 8-10 per cent this fiscal to Rs 38
NSE warns investors against persons promising assured returns in stock market
New Delhi, July 3 - The National Stock Exchange (NSE) issued an advisory on Wednesday cautioning investors of certain individuals and Telegram channels offering securities market tips and assured returns on stock market investments.
IndiGo to start direct Mumbai-Vijayawada flights from Aug 16
Mumbai, July 3 - Low-cost carrier IndiGo on Wednesday announced the launch of direct flights connecting Mumbai and Vijayawada from August 16.
46 pc Indian IT professionals say all corporate data stored in Cloud is sensitive: Report
New Delhi, July 3 - Nearly half (46 per cent) of Indian IT and security professionals reported that all corporate data stored in the Cloud is sensitive, a new report said on Wednesday.
247 mn Indian ‘entrepreneurial households’ to drive $95 trillion in transaction value by 2043
New Delhi, July 3 - India now has 247 million "entrepreneurial households" responsible for a whopping $8.8 trillion in transaction value for the fiscal year 2023, and expected to grow to $95.2 trillion by 2043 with an annual growth rate of 12.7 per
Corporate investments will accelerate North-Eastern region’s growth: Experts
New Delhi, July 3 - There is a need to mobilise additional resources for the North-Eastern Region (NER) and an infusion of private funding is likely to accelerate development, experts said on Wednesday.
India now has over 300 Family Offices from 45 in 2018 with smaller cities in focus: Report
New Delhi, July 3 - Driven by robust economic growth in India, the country now has over 300 Family Offices as against 45 in 2018 who are catalysing the creation of jobs with an emphasis on responsible investing, a report showed on Wednesday.
Sensex hits new all-time high on positive global cues
Mumbai, July 4 - Indian equity benchmarks opened at a new record high on Thursday following positive cues from global peers. In early trading hours, Sensex and Nifty made a new all-time high of 80,374 and 24,400 respectively.
GPAI members hail India’s leadership in global AI discourse
New Delhi, July 4 - Bolstering India's leadership in the global AI discourse, the Global Partnership on Artificial Intelligence (GPAI) members have reached a consensus on the future vision after extensive discussions and deliberations.
India backs global standards for spices, vegetable oils at international food trade meet
New Delhi, July 3 - India has backed global standards for spices and vegetable oils at the 86th session of the Executive Committee (CCEXEC) of the Codex Alimentarius Commission (CAC), the Ministry of Health and Family Welfare (MoHFW) said on Wednesday.
Govt bonds worth Rs 28,000 crore coming up for sale on Friday
New Delhi, July 3 - The Finance Ministry on Wednesday announced the sale of Government bonds worth Rs 28,000 crore in three lots through auctions to be conducted by the Reserve Bank of India in Mumbai on Friday (July 5).
Indian startups raised nearly $7 billion in first half of 2024
New Delhi, July 3 - Indian startups have raised nearly $7 billion in funding during the first half (H1) of 2024, more than the $5.92 billion raised in H1 2023.
After layoffs, Unacademy CEO denies rumours of merger, acquisition
New Delhi, July 3 - After reported layoffs of around 250 employees in the latest job cuts, edtech firm Unacademy Co-founder and CEO Gaurav Munjal on Wednesday denied the reports of a possible merger or an outright acquisition, saying "ignore the rumours".
Pakistani minister urges early conclusion of preferential trade agreement with Azerbaijan
Islamabad, July 3 - Pakistani Minister of Commerce Jam Kamal Khan has called for an early conclusion of a preferential trade agreement and bilateral transit trade agreement with Azerbaijan.
Committed to learning from India how to make AI more impactful for society: OpenAI
New Delhi, July 3 - India has a unique approach to making AI more beneficial for people and OpenAI is committed to learning from it, Srinivas Narayanan, Vice President of Engineering at OpenAI, said here on Wednesday.
World Bank classifies Mongolia as upper middle income country
Ulan Bator, July 3 - Mongolia has been reclassified by the World Bank from a lower-middle income country to an upper-middle income country for the 2024 fiscal year, announced the country's Finance Ministry on Wednesday.
Sensex touches 80,000 for first time, Nifty at all-time high
Mumbai, July 3 - Indian equity indices closed at record highs on Wednesday following a rally in heavyweights like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank.