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.
Digital lending market in India grows 33 pc, digital transactions surge 44 pc
New Delhi, June 27 - The digital lending market in India grew at 33 per cent Compound Annual Growth Rate (CAGR) from FY19 till FY23 -- reaching Rs 2,905 thousand crore in FY23 from Rs 913 thousand crore in FY19, a report showed
Indian economy, banks remain robust & resilient: RBI
Mumbai, June 27 - The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability.
NCAER pegs India’s GDP growth close to 7.5 pc for 2024-25
New Delhi, June 27 - India’s GDP growth during 2024-25 may turn out to be higher than 7 per cent and even close to 7.5 per cent as high-frequency indicators show resilience amid growth dynamism in the economy, according to the latest monthly
110 new languages arrive on Google Translate with AI’s help
New Delhi, June 27 - Using artificial intelligence (AI), Google on Thursday announced to add 110 new languages to Google Translate, including Cantonese, NKo and Tamazight.
South Korea, US lobby groups discuss ties in chip tech, supply chain
Seoul, June 28 - The semiconductor lobby groups of South Korea and the United States discussed ways to expand bilateral cooperation in technology research and maintaining a stable supply chain, Seoul's industry ministry said on Friday.
India leads global AI research, Bengaluru 7th best AI Hub: Report
New Delhi, June 28 - Bengaluru is now ranked seventh on the top 10 list of artificial intelligence (AI) Hubs worldwide, a report showed on Friday, adding that India (tied with Germany) has the highest number of AI research institutions globally.
Ajit Pawar set to present ‘please-all’ budget with Shinde guarantee in Maha Assembly today
Mumbai, June 28 - With an eye on the upcoming Maharashtra Legislative Assembly election, slated for September-October, Deputy Chief Minister Ajit Pawar, who holds finance and planning portfolios, is expected to present a 'please all' budget for 2024-25 at 2 p.m. on Friday.
Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run
Mumbai, June 27 - Buoyed by strong buying once again, Sensex and Nifty surpassed the 79,000 and 24,000 levels, respectively, for the first time on Thursday.
Indian Railways posts double digit increase in track renewal
New Delhi, June 27 - Indian Railways registered a robust 13.8 per cent increase in track renewal for financial year 2023-24 in comparison to the previous year, according to the latest data released by the Ministry of Railways.
TN CM Stalin announces international airport in Hosur
Chennai, June 27 - Tamil Nadu Chief Minister M.K. Stalin said on Thursday that an international airport that can handle 30 million passengers per year will be set up in Hosur on 2,000 acres.
Govt reforms have made banks robust & profitable: President Murmu
New Delhi, June 27 - President Droupadi Murmu said on Thursday that the reforms carried out by the government over the last 10 years have made public sector banks more robust, profitable, and capable of driving the nation’s economic growth.
Gurugram: Illegal colonies flourish despite official efforts
Gurugram, June 27 - The Department of Town and Country Planning (DTCP) has tightened the noose against illegal colony developers in Gurugram, but the business of non-regularised plotted colonies on agricultural land continues to flourish in the city.
Budget will see many ‘historic steps’ towards making India the 3rd largest economy: President Murmu
New Delhi, June 27 - President Droupadi Murmu on Thursday said the upcoming Union Budget will be an effective document of the government's far-reaching policies and futuristic vision.
Flipkart-backed super.money to democratise financial services by leveraging UPI: CEO
New Delhi, June 27 - The super.money app, backed by e-commerce platform Flipkart, aims to democratise access to financial services by leveraging Unified Payments Interface (UPI) infrastructure, its Founder and CEO Prakash Sikaria said on Thursday.
India to see over 6 pc employment growth across key industries in April-Sep
New Delhi, June 27 - India is set to see significant employment growth in the first half of the current fiscal year (FY25) across key industries, led by healthcare, pharma, automotive, manufacturing, engineering and infrastructure sectors, a report showed on Thursday.
Residential sales taper down in April-June period in top 7 cities, up 5 pc YoY
Mumbai, June 27 - Residential sales across top seven cities in India tamed down marginally in the second quarter this year, amid increasing property prices and a high base record of the previous quarter.
Air India to fly A350 planes on Delhi-London route from Sept 1
New Delhi, June 27 - Air India announced on Thursday that it will start operating its wide-body A350-900 aircraft on the Delhi-London route with two daily flights from September 1.