India records sharp decline in share of imported coal in last 10 years as local production rises
New Delhi, June 28 - India has registered a sharp decline in the share of imported coal over the last 10 years with the compound annual growth rate (CAGR) of coal imports coming down from 21.48 per cent recorded between 2004-05 and 2013-14
India, US extend agreement on 2 per cent digital tax
New Delhi, June 28 - India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the Finance Ministry announced on Friday.
Fiscal policy statement estimates Maha economy to grow to $1 tn by 2028, $3.5 tn by 2047
Mumbai, June 28 - The Maharashtra government in its Medium-term Fiscal Policy (MTFP) statement has proposed a comprehensive strategy for higher growth of the state's economy.
Shivraj Chouhan launches portal to speed up settlement of claims under Agriculture Infra Fund
New Delhi, June 28 - Union Minister of Agriculture & Farmers' Welfare Shivraj Singh Chouhan launched a web portal to automate and speed up the process of settlement of interest subvention claims of banks submitted under the Agriculture Infrastructure Fund (AIF).
Humanoid robotics conversations surged 80 pc on X during 1st half of 2024: Report
New Delhi, June 28 - As the field of humanoid robotics is evolving rapidly, influencers on social media platform X are actively discussing how these technological advancements could transform various sectors, which led to an 80 per cent rise in conversations during the
Global Capability Centres to employ 2 million, generate up to 80bn revenue in next 2 years in India
New Delhi, June 28 - Global Capability Centres (GCCs) in India could employ 2 million people with a revenue of up to $80 billion in the next two years, a report showed on Friday.
Record usage of X during US presidential debate: Elon Musk
New Delhi, June 29 - Tesla and SpaceX CEO Elon Musk on Saturday said his social media platform X saw record usage as US President Joe Biden and his challenger, former President Donald Trump, attended their first presidential debate on TV.
WB approves $1.5 bn more to aid India’s low-carbon emission reforms
New Delhi, June 29 - The World Bank on Saturday approved $1.5 billion in financing for a second operation to help India — which is the fastest-growing large economy in the world — accelerate the development of low-carbon energy.
TN to come out with policies for space technology, toy industries: Minister TRB Rajaa
Chennai, June 28 - Tamil Nadu Industries Minister T. R. B. Rajaa on Friday said the government will come out with policies for the space technology industry, toy manufacturing and circular economy investment promotion.
Where is your cash?
By YBB Personal Finance With the Fed in higher-rates-for-longer mode, many investors are also staying in “cash” for longer. “Cash” includes anything with less than 1-yr maturity that can be liquidated without concerns about large losses – short-term CDs (at banks or brokerages),
India’s forex reserves rise by $816 million to scale 653.7 billion mark
Mumbai, June 28 - India's foreign exchange reserves rose by $816 million to $653.71 billion in the week ended June 21, according to figures released by the RBI on Friday.
India’s eight core industries post 6.3 per cent growth in May
New Delhi, June 28 - The eight core industries that include sectors such as coal, cement, steel and electricity posted a 6.3 per cent growth in May this year compared to the same month of the previous year, according to data released by
ADB approves $41 mn for Pacific Disaster Resilience Programme
Manila, June 28 - The Asian Development Bank (ADB) on Friday said it has approved $41 million in contingent disaster financing to help the Cook Islands, Marshall Islands, the Federated States of Micronesia (FSM), Tuvalu, and Vanuatu respond to disasters triggered by natural
Sensex, Nifty snap four-day winning streak amid profit booking in financial stocks
Mumbai, June 28 - The Indian equity benchmarks closed in red on Friday following profit booking in financial and banking stocks.
Apple launches Vision Pro in China, Hong Kong, Japan and Singapore
New Delhi, June 28 - Apple on Friday launched its virtual reality (VR) headset Vision Pro in China, Hong Kong, Japan and Singapore.
Maha Budget: Ahead of Assembly polls, govt announces freebies & sops worth over Rs 1 lakh cr
Mumbai, June 28 - Months before the Assembly elections, Maharashtra Deputy Chief Minister Ajit Pawar, who also holds the finance and planning portfolios, presented a full budget for 2024-25 in the state Assembly on Friday with freebies and sops worth over Rs 1
IT firm Corporate Infotech secures Rs 240 cr contract under govt’s ‘GovDrive’ project
New Delhi, June 28 - IT solutions provider Corporate Infotech on Friday said it has secured a contract worth Rs 240 crore under the government's 'GovDrive' project to streamline the operations of nearly 50 lakh government officials.
Byju Raveendran failed because he didn’t listen to anyone: Unacademy CEO
New Delhi, June 28 - Byju Raveendran, Founder and Group CEO of embattled edtech firm Byju's, faced setbacks as he put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, Co-founder and CEO of Unacademy on Friday.
Nothing to launch CMF Phone 1 with MediaTek Dimensity 7300 chip
New Delhi, June 28 - London-based consumer tech brand Nothing on Friday announced that CMF Phone 1 will be powered by the new MediaTek Dimensity 7300 5G processor.
RBI is using AI for real-time data analysis: Shaktikanta Das
Mumbai, June 28 - The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor Shaktikanta Das said on Friday.