6 out of 10 German firms plan new investments in India in FY25 over positive economic outlook
New Delhi, June 28 - Driven by political stability and a skilled workforce, India's importance as an investment location for global companies is growing sustainably and at least six out of 10 (59 per cent) of German companies plan to increase their investments
India is now world’s 3rd largest domestic aviation market, next to US & China
New Delhi, June 28 - India has now become the world’s third-largest domestic aviation market after the U.S. and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to
NODWIN Gaming to acquire esports firm Freaks 4U Gaming for Rs 271 crore
New Delhi, June 28 - E-sports and gaming company NODWIN Gaming on Friday said that it will be acquiring Berlin-based global full-service gaming and esports agency Freaks 4U Gaming for Rs 271 crore.
Maruti Suzuki Swift surpasses 3 mn sales mark in India
New Delhi, June 28 - The Maruti Suzuki Swift has achieved a new milestone of three million sales in India, the company said on Friday.
India’s inclusion in global bond index effective from today
Mumbai, June 28 - India government bonds or government securities are set for inclusion in the global bond index from Friday.
Govt forms working group to explore new ways to finance Agri Value Chain
New Delhi, June 27 - The Centre has decided to form a working group to explore innovative banking products for Agri Value Chain Financing to integrate the country’s agriculture sector with global markets and enhance farmers’ income.
Elon Musk’s mother wishes him b’day, says ‘Thank you for 53 yrs of joy & excitement’
New Delhi, June 28 - Elon Musk's mother Maye Musk on Friday wished the tech billionaire a happy birthday and thanked him for bringing "53 years of joy and excitement" into her life.
Exchange Rate Automation Module ops to start on July 4, exporters & importers to benefit
New Delhi, June 28 - The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular for the launch of the Exchange Rate Automation Module (ERAM) with effect from July 4 to enhance trade facilitation for exporters and importers.
PM Gati Shakti scheme has scaled up India’s infra, spurred growth: Morgan Stanley
New Delhi, June 28 - Global investment bank and financial company Morgan Stanley has stated that the PM Gati Shakti scheme has succeeded in giving a new fillip to India’s infrastructure development and multi-modal connectivity across highways, railways and ports that has spurred
AWS picks 24 Indian startups for space accelerator programme
New Delhi, June 28 - Amazon Web Services (AWS) on Friday announced its first-ever space accelerator programme in India, selecting 24 startups from the country, providing a big boost to the space startup sector.
Thales inks pact with Adani Defence to manufacture 70mm rockets in India
New Delhi, June 28 - In a major fillip to the government's local manufacturing push, Adani Defence & Aerospace - the defence arm of the Adani Group — has signed an agreement with the Thales Group to manufacture 70mm rockets in India.
Will help 5 lakh MSMEs onboard ONDC, half of them women-led enterprises: Minister
New Delhi, June 28 - In a bid to empower micro, small and medium enterprises (MSMEs), the government has announced an initiative to onboard five lakh MSMEs on to the Open Network for Digital Commerce (ONDC).
Sensex at all-time high as largecap stocks lead
Mumbai, June 28 - Indian equity indices opened in green on Friday following buying in largecap stocks. Sensex and Nifty made a new all-time high of 79,671 and 24,174 respectively.
Bharti Airtel announces steep hike in mobile tariffs effective from July 3
New Delhi, June 28 - Telecom major Bharti Airtel, on Friday, announced a steep hike in mobile tariffs, with effect from July 3.
Chandigarh University, Bajaj Auto sign pact for skill enhancement
Chandigarh, June 27 - The Chandigarh University and Bajaj Auto Ltd have signed a memorandum of understanding for a six-month skill development residential programme on the call of Prime Minister Narendra Modi.
Govt forms working group to explore new ways to finance Agri Value Chain
New Delhi, June 27 - The Centre has decided to form a working group to explore innovative banking products for Agri Value Chain Financing to integrate the country’s agriculture sector with global markets and enhance farmers’ income.
Centre speeds up industrial corridor projects worth Rs 8,175 crore
New Delhi, June 27 - The Centre has given the finishing touches to four projects under the National Industrial Corridor Development Corporation (NICDC) pertaining to the development of Integrated Manufacturing Clusters (IMCs) in Uttar Pradesh's Agra and Prayagraj, Hisar in Haryana and Gaya
Centre fine-tunes Rs 5,367 crore worth industrial corridor projects for Andhra Pradesh
New Delhi, June 27 - The Centre has given final touches to two projects for the development of the Orvakal Industrial Area in Kurnool district and the Kopparthy Industrial Area in YSR Kadapa district of Andhra Pradesh with an investment of Rs 5,367
Centre fast-tracks Rs 5,879 crore worth new railway line projects in Maharashtra
New Delhi, June 27 - The 73rd meeting of the Network Planning Group (NPG) under PM GatiShakti has put on the fast track two projects for Maharashtra involving an investment of Rs 5,879 crore for the construction of more broad gauge railway lines
RBI rolls out new SAARC currency swap framework for 2024 to 2027
Mumbai, June 27 - The Reserve Bank of India (RBI) announced on Thursday that it has, with the concurrence of the government of India, decided to put in place a revised Framework on Currency Swap Arrangement for SAARC countries for 2024 to 2027.