BPCL, Bounce Infinity join hands to launch ‘eDrive stores’ to boost EV adoption

BPCL, Bounce Infinity join hands to launch ‘eDrive stores’ to boost EV adoption

New Delhi, June 21 - Bharat Petroleum Corporation Limited (BPCL) on Friday announced its partnership with electric vehicle (EV) maker Bounce Infinity to launch 'eDrive stores' at select BPCL retail outlets to accelerate EV adoption.

Read More
Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan, Karnataka

Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan, Karnataka

New Delhi, June 22 - Central government has approved two new Inter State Transmission System (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka with an investment of Rs 13,595 crore, the Ministry of Power said on Saturday.

Read More
FMCG sales growth in rural areas to outstrip urban markets: Report

FMCG sales growth in rural areas to outstrip urban markets: Report

New Delhi, June 22 - Rural India has bounced back as a buyer of fast-moving consumer goods (FMCG) such as soaps and soft drinks and sales of these goods are expected to expand at a faster pace than urban areas in the second

Read More
India’s youth greatest asset, time to build human capital for robust growth: HUL Chairman

India’s youth greatest asset, time to build human capital for robust growth: HUL Chairman

New Delhi, June 22 - India, which is the fastest-growing economy, can further fuel its growth journey if the leading enterprises and companies collaborate with the government to build a robust human capital, according to Hindustan Unilever Limited (HUL) chairman, Nitin Paranjpe.

Read More
Govt imposes stock limits on traders to keep prices of pulses in check

Govt imposes stock limits on traders to keep prices of pulses in check

New Delhi, June 21 - The Centre has issued an order imposing stock limits for pulses that can be stored by wholesalers, retailers, big chain retailers, millers, and importers to prevent hoarding and keep prices in check.

Read More
NDTV partners Google, new user growth up by 24 per cent

NDTV partners Google, new user growth up by 24 per cent

New Delhi, June 21 - NDTV has achieved remarkable success through its innovative partnership with Google, focusing on real-time data insights to refine its content strategy, the media house said.

Read More
Government puts up 67 coal mines for auction across 8 states

Government puts up 67 coal mines for auction across 8 states

Hyderabad, June 21 - The Ministry of Coal on Friday put up 67 coal mines for auction across eight states, including Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, West Bengal and Telangana.

Read More
Atal Pension Yojana adds record 12.2 million new members in 2023-24

Atal Pension Yojana adds record 12.2 million new members in 2023-24

New Delhi, June 22 - A record 12.2 million new accounts were opened in the Atal Pension Yojana (APY) during 2023-24 taking the total enrolments to 66.2 million under the government’s social security scheme, according to figures compiled by the Pension Fund Regulatory

Read More
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April

Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April

New Delhi, June 22 - Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone.

Read More
The real estate commission shakeup: A buyer’s (and seller’s) market emerges

The real estate commission shakeup: A buyer’s (and seller’s) market emerges

The way Americans buy and sell homes is undergoing a significant shift, driven by a recent court ruling and changes to the traditional real estate commission structure. Here’s a breakdown of what’s happening: The Old Guard Gives Way:•The National Association of Realtors (NAR),

Read More
Workers getting better deal as share of India’s formal economy rises

Workers getting better deal as share of India’s formal economy rises

New Delhi, June 21 - India has succeeded in reducing the size of its the informal economy to 23.7 per cent in 2022-23 compared to 25.9 per cent in 2015-16 which works out to a growth of Rs 26 lakh crore in absolute

Read More
Grade A warehousing demand to grow at 12.5 pc in India till FY30: Report

Grade A warehousing demand to grow at 12.5 pc in India till FY30: Report

New Delhi, June 21 - The demand for Grade A warehousing stock will grow at a Compounded Annual Growth Rate (CAGR) of 12.5 per cent in India until FY30, a new report said on Friday.

Read More
Adani Group eyes $100 bn capex in next decade with focus on energy transition, digital infra: Jefferies

Adani Group eyes $100 bn capex in next decade with focus on energy transition, digital infra: Jefferies

Ahmedabad, June 21 - The Adani Group is eyeing $100 billion of capex over the next decade with major outlays on energy transition projects and digital infrastructure for the next leg of growth, a Jefferies report said on Friday.

Read More
Markets end lower on profit booking, Adani Ports jump before Sensex inclusion

Markets end lower on profit booking, Adani Ports jump before Sensex inclusion

Mumbai, June 21 - The Indian stock markets closed lower in a volatile session on Friday on profit booking and underperformance in the fast-moving consumer goods (FMCG) sector.

Read More
10th round of commercial coal mine auction launched

10th round of commercial coal mine auction launched

Hyderabad, June 21 - Union Minister for Coal and Mines, G Kishan Reddy, on Friday launched the 10th round of commercial coal mine auction, putting 60 mines for sale.

Read More
Next 5 years set to further boost India’s domestic electronics manufacturing

Next 5 years set to further boost India’s domestic electronics manufacturing

New Delhi, June 21 - India, on its way to becoming the global electronics manufacturing hub, has doubled down on the local manufacturing of multiple products -- mobile phones and their components, televisions, semiconductors and other devices -- and the momentum is only

Read More
Ambuja Cements, ACC redefining construction landscape with next-gen digital initiatives

Ambuja Cements, ACC redefining construction landscape with next-gen digital initiatives

Ahmedabad, June 21 - Ambuja Cements and ACC Limited, the cement and building material companies of the Adani Portfolio, on Friday said they are excited to unveil their commitment towards innovation that will redefine the construction landscape through a series of visionary digital

Read More
Business activity surges in June, hiring at 18-year high: PMI survey

Business activity surges in June, hiring at 18-year high: PMI survey

New Delhi, June 21 - Output growth across India's private sector regained growth in June with business activity increasing at quicker rates among manufacturing companies and services firms while hiring of workers shot up to an 18-year high, according to HSBC’s flash PMI

Read More
NSE warns investors of individuals, entities promising assured returns in stock market

NSE warns investors of individuals, entities promising assured returns in stock market

New Delhi, June 21 - The National Stock Exchange (NSE) issued an advisory on Friday cautioning investors of certain individuals and entities promising assured returns on investment in the stock market.

Read More
Japan’s Takeda allows Sun Pharma, Cipla to market gastro drug in India

Japan’s Takeda allows Sun Pharma, Cipla to market gastro drug in India

Mumbai, June 21 - Japan's Takeda Pharmaceutical gave India's Sun Pharmaceutical and Cipla the rights to commercialise the gastrointestinal drug Vonoprazan in the country.

Read More